Businesses in the modern world face diverse challenges on a daily note. Several times it happens that despite investing in the best of plans and strategies, they end up getting a below-average return on investment. This definitely pulls the business spirits down. The businesses not only question their ability but also keep on wondering what has gone wrong in their planning and strategy execution that they have been facing such a reality.
Fleet/vehicle tracking is one of the most recurring challenges faced by a business. The ones that are involved in the logistics businesses face obstacles every now and then which contribute to greater losses. Thus, fleet management has become an area of concern. Considering such a situation, IoT has designed strategies for maximizing clarity for businesses across the world. This helps businesses in fighting the ever-increasing competition with stronger strategies.
It is very common to ask what fleet management is….so, in a gist, fleet management is the administration of commercial motor vehicles like cars, vans, trucks, specialist vehicles, and more. This is inclusive of a range of functions such as vehicle maintenance & financing, vehicle telematics (a process of tracking and diagnostic), driver management, fuel management, speed management, and health & safety management. To take fleet management to a whole new level, the Internet of Things has played a crucial role through GPS services all along.
Proper fleet management cut down the risks associated with the efficiency status, business productivity, reduced staff costs, controlled transportation cost, vehicle investment, and some more. This provides complete abidance with the government legislation, which the duty of care and more! Let us explore how fleet management through GPS tracking helps a business.
It Promotes Better Employees Auditing
Tracking fleet is crucial for the safety of businesses and employees. Well, tracking employees are equally crucial. To get a real view of the employee’s productivity, GPS tracking devices come to aid. Even when no supervisor is present physically, GPS trackers will anyways do the job with great efficiency. It is basic psychology that a person tends to work more productively when he/she is aware that he/she is being observed.
This pushes the employees to work faster and better than usual. GPS eliminates unproductivity and over timing. It helps in monitoring the activity and the inactivity of every engine along with their duration. This pushes the employees to be more alert and productive during the expected work timing of the day.
Effective Asset Auditing
It is crucial for a businessman to be aware of the location of his/her vehicles. At all times. Asset monitoring and inventory actually save a business from clueless losses and threats that lurk in the future for some reason or the other. When a fleet is equipped with GPS vehicle tracking system, it automatically saves more than half of the business’ money. It gets easier for businessmen to identify if their vehicle has been used off-site or outside the designated location.
Employees must use vehicles at working hours. Not for any side job. This will curb the operational expenses, which will make budgeting better for the organization. In any case, if an employee will use the company’s vehicle for personal purposes, then the fuel consumption, working hours, and maintenance cost due to wear and tear will be much more.
Additionally, GPS monitoring devices enable the owners to instantly trace the utilization of their vehicles without any authority. Several thefts could easily be eliminated through such a device. How? This device gives an alert to the owners if their vehicles cross the parking space without proper authorization. Additionally, the act of reaching the speed limit or deviating from the designated goal too sends an alert to the owner for further clarity.
How else business productivity could be escalated through GPS tracking services?
The progress of the shipment and any challenges on the way,
It provides a clear analysis of fuel consumption, route optimization, ignition on/off, engine health, idling time, maintenance logs, to name a few,
Learning about smooth routes gets easier and which route to take the next time becomes clear beforehand only. A GPS based vehicle tracker will provide real-time data on the most congested routes and would also provide suggestions on which one to take. It improves employee satisfaction that contributes to business growth.
When the cargo reaches its destination on time, it automatically creates a good image of the brand. Stemming from this, a good and long-lasting customer relationship could be successfully established. As providing accurate updates to the clients about the estimated time of delivery, enhances the customer’s experience with the brand.
On a Concluding Note
If an organization decides on monitoring it’s fleet, it automatically invites savings. These services provide regular maintenance alert that saves last-minute chaos. This is because awareness of vehicle performance/status beforehand, saves time, money, and related resources. Vehicles get the chance of proper maintenance instead of waiting for the time of machine break down. When a motor fleet is well maintained you will also find that your drivers have less accidents. Less accidents will equate to fewer claims against your fleet insurance provider which will result in savings on a fleet insurance policy.
No manual supervision of the vehicles is required once the businesses decide to invest in fleet monitoring. Tire change, oil refilling, active hours, route optimization and more could easily be charted through the IoT intelligence. All these happen through real-time alerts. Based on the vehicle mileage, the GPS monitors calculate everything necessary for successful fleet management. The system will send a maintenance alert, indicating that the owners require to visit the mechanic on an urgent note. With such support and accurate awareness of vehicle health, GPS monitoring stands out as one of the effective ways to save on company expenses. With the amount that gets saved, organizations can easily better the existing and create fresh strategies. Thus, honing their edge in the marketplace to overcome competition effortlessly.
Map of streets with trucks -DepositPhotos