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Fleet Financials - January/February 2007

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In this Issue:

“Supplier Value Management” Helps Merck Provide World-Class Fleet Management
Merck & Co, Inc. has taken the concept of shared services to the next level, with its “Supplier Value Management” concept. With a focus on value rather than price, it melds vendor with buyer into a functioning team.

Helping Executive Management Understand Fleet’s Capital Needs
Greg Hodgdon, winner of the NAFA’s 2006 Larry Goill Award for Quality Fleet Management ideas, created a spreadsheet tool, with adjustable variables, to project fleet capital requirements 10 years into the future.

Measuring Success: Tracking Fleet Performance
Judging fleet program success is more than a once-a-year task; it should be an ongoing and integral part of every fleet operation. Creating and implementing performance measures ensures cost-effective fleet management.
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