Combating the Rise of Fuel Theft for E-Commerce Courier Fleets
As the number of commercial courier fleets grow, fuel theft cases are increasing significantly. This is a serious problem for e-commerce businesses, who have a heavy reliance on these courier fleets to deliver their stock. Fuel theft leads to immense financial losses and operational issues for businesses, making it ever more vital to protect fuel assets.
One way to help combat the rise of fuel theft, is through implementing a secure fuel management system. Continue reading to learn more about the impacts of fuel theft, and how secure fuel management systems can help deter theft.
The Rise of Fuel Theft
The number of fuel theft cases are continually increasing, mainly due to escalating fuel costs. Ever since the pandemic, there has been a stronger reliance on e-commerce businesses, as people prefer to shop online instead of in person. This has led to an escalation in the number of e-commerce courier fleets, and subsequent levels of fuel theft.
Thieves have also come up with new ways to steal fuel, making it even more difficult for fleet managers to protect their vehicles. Typical fuel theft methods include using a siphon pump (either hand-held or automatic), cutting fuel lines, taking advantage of weak locking caps and misusing business fuel cards. Unfortunately, it’s not entirely uncommon for internal theft to occur within commercial fleets, which can be disguised by accidental spillages or inconsistent record keeping. Having a fuel management system allows you to keep track of fuel levels exactly, so you can identify irregularities and solve the problem.
Financial and Operational Impacts
The main consequence of fuel theft for e-commerce fleets is the financial loss. There is firstly the cost of replacing stolen fuel, and whilst there are ways to try and catch the culprits, this can be a lengthy and unsuccessful process a lot of the time. If aspects of the vehicle are damaged upon fuel theft, then there are also maintenance costs to repair the vehicle, which can get expensive – especially if parts need to be replaced. Fuel theft can also have an impact on insurance premiums, adding further to costs.
In addition to the financial loss, fuel theft can present obstacles to a commercial fleet’s operation. If vehicles are left non-functional because of fuel theft, this can have a significant impact on the efficiency of your fleet as you wait for repairs. E-commerce businesses rely heavily on the timely delivery of orders, so late deliveries could lead to unsatisfied customers, negative reviews, and loss of business, significantly harming your business’s reputation. If you have experienced fuel theft, you’ll want to take extra measures to ensure that it does not happen again, especially with the long, dark nights of winter approaching, which is a common time for fuel thieves to operate.
Secure Access Methods
There are ways to protect your fleet from fuel theft, especially with regards to your site security.
CCTV: If your business has experienced fuel theft, or you want to future-proof your site against this, then CCTV cameras are a great place to start. It can catch the thieves in the act and can be used as evidence for taking to the authorities. Moreover, if your site emphasises the presence of CCTV cameras, then it might deter those planning on stealing.
Secure Fences, Locks and Alarms: Installing fences, locks, and alarm systems gives your site an added layer of protection against fuel theft. Alarms that trigger upon unauthorised entry will help site managers be made aware of any thieves on site, so that the problem can be dealt with immediately. Introducing lighting to areas where fuel is kept can also assist in deterring intruders, who perhaps prefer operating under darkness.
Fuel Management Systems: The best way to maintain control of your fleet’s fuel use, is to install a fuel management system. This system will be installed at your depot and can be used to fill up tanks using monitored pumps. With a system like this, you can not only track how much fuel is used and when, but also restrict access so that fuel can only be used by authorised members of staff. Moreover, fuel management systems have further benefits beyond security – they can provide feedback on fuel wastage, helping to make your fleet as efficient as possible.
Fuel Monitoring Systems: We recommend making your fuel management system even stronger with a fuel monitoring system like Tankwatch. This can elevate your fuel management process, as it comes with alerts and alarms that can be triggered with unusual stock movements. For instance, if fuel levels in the tank are dropping, but the pump connected to the tank is not in use, an alarm would be triggered.
Ensuring Accountability with Fueltek
Fuel theft is one of the biggest challenges facing e-commerce courier fleets currently. It not only makes your business suffer significant financial loss, but also can have knock-on operational effects and damage your reputation. Investing in a fuel management system can give you peace of mind during this period of heightened fuel theft, allowing you to gain real-time insights into fuel usage and track any unusual behaviour right when it occurs. To learn more about how our fuel management systems can help combat fuel theft, contact us today.