Management of fleet programme
Grey fleet of a company relates to the possession of staff’s personal cars which has been utilized for the business travelling of the company. Management of fleet programme associates combining together procedures, policies and steps to regulate and manage the utilization of staff’s car for work associate journeys. Majority of the firms which arrange this kind of fleet programme are those companies where staffs do not require going on a number of business associated travels. The matter of grey fleet is regarded by majority as an alternative for cost reduction to renting or purchasing cars simply in respect of business of the company.
Majority persons think that fleet programme for grey fleet costs only the mileage expenditure for a company which is claimed by the drivers who is undertaking the travel and owners are not liable for the staffs while they are utilizing the own cars for the purpose of the business. These are great misconception in respect of fleet programme since in majority cases the company is not only liable for the staffs while they are utilizing their private vehicles however in maximum cases have to maintain these cars of staffs on the record of company’s insurance and look after them as the vehicles of company’s own.