NAVIGATING THE DRIVER DROUGHT - HOW SMART ANALYTICS STEER DRIVER RETENTION IN 2024
Commercial Vehicle|May 2024
DRIVER RETENTION STANDS AS A CRITICAL CHALLENGE FOR FLEET OPERATORS. SUDEEP NAYAK, CO-FOUNDER AND COO OF ZELIOT DELVES INTO HOW ADVANCED ANALYTIC AND TECHNOLOGY ARE TRANSFORMING RETENTION STRATEGIES, DRIVING EFFICIENCY AND SUCCESS IN FLEET MANAGEMENT.
SUDEEP NAYAK
NAVIGATING THE DRIVER DROUGHT - HOW SMART ANALYTICS STEER DRIVER RETENTION IN 2024

In the ever-evolving landscape of the commercial vehicle market, companies continually seek innovative solutions to enhance operational efficiency and maximise profitability. A pivotal aspect determining the success of fleet management is the retention of skilled drivers. Driver churn not only impacts productivity but also incurs significant recruitment and training costs for companies.

Driver retention stands as a paramount concern for commercial vehicle operators. High churn rates not only disrupt operations but also contribute to increased costs and decreased customer satisfaction. Traditionally, companies have relied on pay hikes and generic incentives to retain drivers. While these may offer temporary relief, they often fail to address underlying issues: a lack of recognition, engagement, and personalised support. Drivers yearn for more than just a paycheck; they desire to feel valued, heard, and empowered to perform at their best.

Truck drivers were surveyed regarding incentives provided by their employers/fleet owners and the basis for such incentives. Overall, approximately 81.3 per cent of truck drivers reported receiving no incentives from their employers. Approximately 10 per cent receive lump sum incentives, 5.8 per cent receive incentives based on distance travelled, and 2.2 per cent receive incentives on an hourly basis. 

Denne historien er fra May 2024-utgaven av Commercial Vehicle.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra May 2024-utgaven av Commercial Vehicle.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA COMMERCIAL VEHICLESe alt
CHASING LOCALISATION
Commercial Vehicle

CHASING LOCALISATION

THE CHASE TO LOCALISE IS A GLOBAL PHENOMENON. ASHISH BHATIA GAUGES THE PURSUIT FOR AN EDGE.

time-read
4 mins  |
July 2024
LNG POLICY PRICING AND INFRASTRUCTURE
Commercial Vehicle

LNG POLICY PRICING AND INFRASTRUCTURE

AT THE EIGHTH LNG INDIA SUMMIT 2024, INDUSTRY LEADERS SHARED CRITICAL INSIGHTS ON LNG POLICY, PRICING, AND INFRASTRUCTURE

time-read
9 mins  |
July 2024
DÜRR BUILDS THE FIRST EU TAXONOMY-COMPLIANT PAINT SHOP
Commercial Vehicle

DÜRR BUILDS THE FIRST EU TAXONOMY-COMPLIANT PAINT SHOP

PAINT SHOPS MUST BECOME \"GREENER\" TO HELP VEHICLE MANUFACTURERS FEEL CERTAIN ABOUT MEETING THEIR AMBITIOUS CLIMATE TARGETS

time-read
3 mins  |
July 2024
LUMAX CORNAGLIA BOLSTERS EMISSION COMPLIANCE
Commercial Vehicle

LUMAX CORNAGLIA BOLSTERS EMISSION COMPLIANCE

LUMAX CORNAGLIA HAS ADDED TO ITS MANUFACTURING FOOTPRINT BY COMMISSIONING A NEW PLANT FOR EMISSION-COMPLIANT PRODUCTS WITH AN EYE ON THE FUTURE

time-read
3 mins  |
July 2024
KEEPING YOUR COOL
Commercial Vehicle

KEEPING YOUR COOL

MANY RESOURCES ARE ALLOCATED FOR OPTIMAL THERMAL MANAGEMENT IN ICE AND ALTERNATIVE GREEN MOBILITY SOLUTIONS. ASHISH BHATIA SCOUTS THE KEY ADVANCEMENTS AND AFTERMARKET INCLUSIONS.

time-read
4 mins  |
July 2024
COMPETITIVE ADVANTAGE PRODUCTS
Commercial Vehicle

COMPETITIVE ADVANTAGE PRODUCTS

SML ISUZU LTD. HAS MADE A SIGNIFICANT MARK WITH CUSTOMER FOCUSED PRODUCT INITIATIVES. THE DOMESTIC AND EXPORT REALISATIONS ARE A TESTIMONY

time-read
2 mins  |
July 2024
SATISH SHARMA, INDUSTRY VETERAN, ANNOUNCES EARLY RETIREMENT FROM APOLLO TYRES LTD
Commercial Vehicle

SATISH SHARMA, INDUSTRY VETERAN, ANNOUNCES EARLY RETIREMENT FROM APOLLO TYRES LTD

In a recent exchange filing, Apollo Tyres Ltd. announced a significant development resulting from the Board meeting held on May 14, 2024.

time-read
1 min  |
May 2024
NAVIGATING THE DRIVER DROUGHT - HOW SMART ANALYTICS STEER DRIVER RETENTION IN 2024
Commercial Vehicle

NAVIGATING THE DRIVER DROUGHT - HOW SMART ANALYTICS STEER DRIVER RETENTION IN 2024

DRIVER RETENTION STANDS AS A CRITICAL CHALLENGE FOR FLEET OPERATORS. SUDEEP NAYAK, CO-FOUNDER AND COO OF ZELIOT DELVES INTO HOW ADVANCED ANALYTIC AND TECHNOLOGY ARE TRANSFORMING RETENTION STRATEGIES, DRIVING EFFICIENCY AND SUCCESS IN FLEET MANAGEMENT.

time-read
2 mins  |
May 2024
ALLISON TRANSMISSION WIDE-BODY DUMP SERIES
Commercial Vehicle

ALLISON TRANSMISSION WIDE-BODY DUMP SERIES

ALLISON TRANSMISSION HAS DEVELOPED THE WIDE-BODY DUMP SERIES FOR HEAVY-DUTY OFF-ROAD APPLICATIONS. ASHISH BHATIA LOOKS AT THE ADVANCED ATTRIBUTES THAT WILL COME INTO PLAY.

time-read
3 mins  |
May 2024
BUILDING THE ECOSYSTEM FOR SOPHISTICATED MACHINES
Commercial Vehicle

BUILDING THE ECOSYSTEM FOR SOPHISTICATED MACHINES

IN AN UPFRONT SESSION, ANTONIO LEITAO, VP OFF-HIGHWAY, ENGINE BUSINESS & EUROPE ABO LEADER AT CUMMINS BELGIUM SPEAKS TO ASHISH BHATIA ON BACKING BOTH LOCAL AND GLOBAL CUSTOMERS FROM INDIA.

time-read
2 mins  |
May 2024