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Holman racks up £100m in SMR savings for customers in 12 months

Holman has delivered £100m in service, maintenance and repair (SMR) cost savings to its customers across their combined fleet operations in the past year.

The end-to-end fleet services specialist, which will be at next month’s Great British Fleet Event, said the savings were due to its unique Portfolio Management approach

Coupled with its Drive-Buy-Service-Sell model, Holman provides its customers with the opportunity to maximise value at every stage of the fleet lifecycle, resulting in its remarkable savings for its customers.

“Our approach to fleet management is truly transformational, generating results far exceeding typical market expectation,” said Jo Ewen, Holman’s director of client relations.

“Even during an inflationary economy, we’ve returned significant savings to our customers in 2023, totalling £100m.”

Using Portfolio Management, Holman can identify and anticipate any anomalies or unexpected issues that customers haven’t accounted for in the maintenance plan and lifecycle for each vehicle. This provides a sound basis for future decisions for that specific vehicle and how long it spends on fleet.

“It means we can provide a unique value proposition when customers need to amend their lease contracts, as by thoroughly evaluating the asset, we can reset the residual value of the vehicle based on the current market,” continued Ewen.

The process starts with a Strategic Account Plan developed in collaboration with the client and aligning with its savings, quality and value goals. This is continuously reviewed and refined throughout the year to ensure it fits in with the customer’s evolving needs.

“By analysing real-time data to identify every cost incurred by each vehicle, we provide visibility for customers to make strategic decisions about every vehicle on fleet. We provide this in the form of a value statement, that shows insights into their savings across leasing, maintenance, and management, in pound terms.

“We are able to provide an unparalleled level of insight into the operation of your fleet,” added Ewen. “Portfolio Management ensures our customer’s fleet are operating at the maximum efficiency, and crucially, how they want it to operate, not us.”

Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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