Understanding TCO in Fleet Management:

TCO in fleet management encompasses purchase costs, maintenance, fuel efficiency, and even the cost of potential downtime. For tyres, this is particularly significant due to their impact on fuel consumption and vehicle maintenance.

Our TCO Analysis Assumptions:

We’ve based our analysis on several assumptions:

• Average tyre lifespan without and with ConnecTyre.
• Costs of tyres and the ConnecTyre system.
• Savings in fuel consumption and maintenance.

Note: The following figures are illustrative and can be adjusted to fit specific fleet data.

TCO Without ConnecTyre:

• Tyre Replacement Costs: Higher due to more frequent replacements.
• Fuel Costs: More fuel consumed due to less optimal tyre pressure.
• Maintenance and Repairs: Regular wear and tear leading to higher costs.

TCO With ConnecTyre:

• Initial Higher Costs: Slightly more expensive initially due to the ConnecTyre system.
• Extended Tyre Life: Results in fewer replacements and lower costs over time.
• Reduced Fuel Consumption: Improved fuel efficiency thanks to optimal tyre pressure.
• Lower Maintenance and Repair Costs: Preventative maintenance reduces unexpected repairs.

Our Findings:

Our analysis shows a saving of approximately $860.67 per tyre per year when using ConnecTyre. This includes savings from extended tyre life, improved fuel efficiency, and reduced maintenance and repair costs.

Why Does This Matter?

Understanding the TCO of tyres with ConnecTyre is crucial for fleet operators:

• Budgeting: Knowing the long-term costs helps in better budget allocation.
• Operational Efficiency: Lower TCO means more funds available for other aspects of fleet management.
• Sustainability: Optimal tyre pressure contributes to reduced carbon emissions, aligning with environmental goals.

Conclusion:

ConnecTyre offers more than just real-time tyre monitoring; it’s a strategic investment in reducing your fleet’s TCO. By embracing this innovative technology, fleet operators can enjoy significant savings, enhanced safety, and improved operational efficiency.

Interested in how ConnecTyre can transform your fleet’s TCO? Contact us for more information and tailor-made solutions.