In any transportation based industry, your business is only as strong as your fleet and your drivers. From packing to final delivery, there are many moving parts to consider while managing a fleet of vehicles. GPS technology now plays a large role in transportation and can offer huge benefits to build and improve the systems of your business.
Here are 5 key advantages of implementing real time GPS tracking into your business that will save money, boost efficiency, and make your business run smooth.
1. Save Time, Save Money
With real time GPS tracking, you can manage route planning data with ease. Planning the fastest routes and making adjustments in real time based on traffic will reduce fuel consumption. Finding the most efficient routes will also cut down the wear and tear on the vehicles in your fleet, increasing their lifespan and saving money in the long run.
2. Real Time GPS Tracking Increases Driver Responsibility
Fleet GPS can monitor speeding, idling, and engine start and stop times. While these metrics can help save you money, they also work to enforce policies that ensure the safety of your drivers. In the event of an emergency, such as an accident or stolen vehicle, GPS tracking will allow you to alert authorities or medics to the exact location and get help for your driver.
3. Decrease Vehicle Downtime in Your Fleet
With numerous vehicles in a fleet, overlapping projects, and tight deadlines, scheduling can be a nightmare in transportation industries. As mentioned above, GPS tracking allows for precise route planning in real time. In addition to saving money on fuel and maintenance expenses, proper route planning will aid managers in scheduling and reduce vehicle downtime.
Schedules that are properly managed will prevent missed deadlines, lead to better customer services, and inform purchasing decisions that will help grow your fleet.
4. Save on Insurance
Alongside reducing operating expenses, real time GPS tracking systems installed in vehicles in your fleet can reduce your insurance costs. Automotive Digest reported that due to the increased safety of using GPS tracking, many insurance carriers are offering discounts of 15% or more from insurance plans for businesses with tracking systems in place.
5. Analytical Data for Your Business
Finally, all of the data gathered by your fleet’s GPS systems will be invaluable to your business as it grows. As you implement tracking into your fleet, you can analyze the data over time to create reports that will benefit your business in the long run. For example, you can measure the cost differences between the routes of several clients, create comprehensive cost analysis reports, or monitor the fuel efficiency of the vehicles in your fleet. These types of reports will allow you to make smarter business decisions and provide better insights, value, and service to your customers.
GPS Tracking for Your Fleet
Real time GPS tracking that helps you cut costs, increase safety, and improve your systems can give you a leg up on your competition. Looking for GPS tracking for your fleet? Have questions? Let us know, we’d be happy to answer them!