Do you know the three variables that affect the speed of ROI via track & trace?
- Compliance with policies and procedures - Successful ROI starts with data-driven decisions and proper compliance. Are you prepared to take action when track & trace data shows there is a problem?
- Full acceptance and daily use - 100% acceptance of the GPS tracking and telematics system is essential. When all departments of service, delivery and transportation companies use the system consistently, data can be analyzed to make more informed decisions. Without regular use and correct application, results will lag.
- Management involvement - Involvement of managers at every level is crucial. From the field supervisor to senior leadership, everyone must be willing to embrace the data and work to the same standards.
Achieving strong ROI with track and trace begins with a proactive approach and commitment.
Optimize routes to save miles
Route optimization can occur on several levels. When coordinators have insight into which vehicle is closest to the next service assignment and drivers can see their route on a map, efficiency is increased. This optimization is made possible by integrating data into a robust routing program.
Many systems have geolocation, basic routing and trip tracking built in as standard. Our experienced consultants are happy to help you determine the best approach for your fleet. We can even compare your current routes with fully optimized routes for the same stopovers to calculate how much you can save.
By reducing mileage and doing more work in less time, you save both fuel and time, directly contributing to higher profits.
Manage fuel and energy consumption
Fuel reports provide statistical insight into the consumption of all vehicles in your fleet. This allows you to:
- Fuel consumption tracking.
- Engines well maintained.
- Identify vehicles with low km/L.
- Perform checks on fuel types.
- Monitor fuel consumption against maintenance schedules.
Reduce wear and maintenance costs
Even minor vehicle repairs can be major expenses, especially when you have multiple vehicles in use. Hard braking, speeding and sharp turns increase maintenance costs. In addition, unscheduled maintenance can lead to downtime and lower productivity.
Planned versus unplanned maintenance
With fleet management software, you receive reminders for scheduled maintenance, ensuring routine work is done on time. Engine failure alerts also help prevent more serious problems. By allowing drivers to perform a vehicle check via a smartphone app, you always know what condition your fleet is in. This proactive management reduces maintenance costs.
Do you know how much time your vehicles idle and what this costs?
Many businesses are unaware of the cost of unnecessary idling. An idling vehicle can consume up to 3.5 liters of fuel per hour. This not only results in higher fuel bills, but also accelerated wear and tear and increased environmental pollution.
Reduce idling to save fuel
By reducing idling per vehicle, for example from 1 hour to 20 minutes per day, you can achieve significant savings. At a fuel price of €1.58 per liter, this quickly adds up to €36.80 per month, or €441.60 per year, per vehicle. Thanks to simple alerts to drivers, these savings can be achieved without additional work for office staff.
ROI and benefits of GPS tracking
Many companies see a 100% ROI from GPS tracking just from the fuel savings alone. And that's still without the added benefits of increased productivity, reduced labor costs, better safety and improved customer service.
GPS tracking makes it easy to save money and quickly see the ROI. Want to know what this can do for your business? Contact us, and we'll walk you through it together.
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