Automotive Fleet

DEC 2013

Magazine for the car and truck fleet and leasing industry

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PHOTO: LEASEPLAN LeasePlan held a Global Fleet Management Summit in Chicago and New York City. Above are attendees of the Chicago Global Fleet Summit, which was held at the McDonald's Hamburger University campus. TOP TRENDS IDENTIFIED AT LEASEPLAN GLOBAL FLEET SUMMITS LeasePlan identifed four emerging trends in global sourcing and feet management — centralization of shared processes, a focus on business value versus cost savings, increased partnering with internal stakeholders, and the accelerating adoption of new technologies. L easePlan hosted two Global Fleet Summits this summer, one in Chicago and the other in New York City, that included managers of multinational companies with regional or global feet management responsibilities. Te summits were one-day, invitation-only events that assembled a select number of senior feet decision makers to share their experiences and best practices in the area of international feet sourcing and management. Each Global Fleet Summit began with a strategic perspective on the varying approaches global companies take to feet sourcing and feet management. Te meetings covered real-world, practical approaches to global sourcing and OEM management, as well as experiences from veteran global feet directors on leading their companies from a local to a more centralized approach. Te 2013 Global Fleet Summits illustrated the need to combine a global approach CHALLENGES FACED FROM GLOBALIZATION Suitable suppliers 10% Issues with entering new markets 11% Appropriate resourcing 5% 16% Driving change internally 15% AT A GLANCE The four emerging trends in global sourcing and feet management are: ● Centralization of shared processes. ● Movement from cost savings to business value. ● Partnering with internal stakeholders. ● Adoption of new technologies. 44 AUTOMOTIVE FLEET I DECEMBER 2013 SOURCE: LEASEPLAN Developing a global strategy with local service NOTE: TOTALS DO NOT EQUAL 100%, AS THE CHART REPRESENTS ONLY THE "TOP 5" CHALLENGES DISCUSSED. The top fve challenges inhibiting global sourcing and global feet management are cited in the pie chart above. The top two challenges are created by imposing global strategies that don't address local service needs and weak internal customer involvement not responsive to driving change internally in the local organizations. These challenges demonstrate the need for centralized leadership that can drive a global strategy while ensuring local engagement.

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