As a fleet manager, you will appreciate that having the right bulk fuel tanks are critical to getting optimal profits for your company. That is because of the advantage of using fuel at your convenience, and it adds to how efficiently you can manage your fuelling system. As you may ask, how efficient is it to have a large fuel tank onsite?
Here are three considerations when choosing a bulk fuel tank:
The Size of Fleet
Many people argue that it's economic to have a fuel tank regardless of fleet size. That is false, however. It's only most economical to have a fuel tank whenever you have a sizable fleet that will need fuelling. Typically, the return-on-investment is slow when you install a fuel tank only to serve a few vehicles.
The Frequency of Use
Ideally, how much fuel your fleet will consume in a particular instance is directly proportional to how often the fleet is on the road. Also, the distance that the fleet will cover is a key factor here. The higher these factors are, the more profitable it will be to have larger fuel reservoirs of your own.
With the above considerations constant, it's more reasonable to install large fuel tanks now than wait for a proper time to do so in the future, especially if your business projections anticipate bigger and more involving projects in the future. Doing so will help you cut on the rising costs of installing these fuel tanks in the future as well avoid the pressure of meeting the installation and maintenance standards that are increasing by the day.
It is good that you have a fuel management system in place. It is, however, equally important that you factor in the efficiency that having bulk fuel tanks can add to that to make it more robust. And, the above three factors will make a good guide in making that decision more informed.