Are you a vehicle owner, a business owner, or simply a person who values their security and finances? If you answered in the affirmative, you would want to learn about GPS tracking and how it saves your money. Knowing what your fleet needs and how you need to make adjustments regarding the vehicles is essential in the world of transportation at the moment.
Typically, it gives you the ability to be on top of things and implement remedial measures in case of a problem. If you are a business person, on the other hand, you will want to understand what are the cost drivers in your vehicle expenses and how you can cut down on some of these costs.
So, here’s how GPS tracking will improve your business by saving you money.
Improved Driver Routing
Typically, driver routing with GPS tracking allows your drivers to follow the most optimal routes. This makes sure that the driver does not have to double back now and then to deliver or cover a particular area. If you talk to your driver, they will tell you that they always end up in the same street several times each day.
To prevent this from happening, you can implement GPS tracking to ensure there is no fuel wastage on non-optimal routes.
In most cases, if you are a company that deals with deliveries or assignments, you might want to implement a system that helps you make dispatch improvements. For instance, if a new assignment comes in and all the drivers are out on assignment, you may want to know which driver is closest to the location where the new assignment is required. This way, you will save on fuel and also make your trade efficient.
Another way GPS tracking can help you with dispatch improvement is the rectification of mistakes. In an instance where you just dispatched a driver to an assignment and then discover that there is a driver who is close to the exact location and could attend to the same assignment, you can correct the mistake.
Additionally, you can efficiently implement reassignments without having to use a lot of resources.
Reduction of Idle Time
If you have idle drivers, you will not be making money. In any case, the idle time will be billed on your organization’s coffers; therefore, causing a loss.
GPS tracking helps to identify routing and implement a routing strategy that ensures that your workforce is optimal and you don’t have extra drivers or employees that you may not need. Consequently, you get to spend less on fuel, remuneration and reduce wastage of company resources.
Better Driver Behavior
Driver behavior is the cause of significant accidents and damages. If not corrected, driver behavior can lead to mounting repair and expensive insurance coverage. However, if you install a GPS Tracker, the driver will most likely observe careful driving. This will help keep your vehicle intact and prevent costly lawsuits that may arise from careless driving.
Improving Downtimes and Scheduling
With GPS tracking, you can develop a maintenance procedure that takes account of all the factors involved. For instance, scheduled maintenance may lead to incurred idle hours, wasted resources, and no income for the organization.
However, with GPS tracking, you can gather data, evaluate it, and develop courses of action designed to improve your company’s downtimes. This will ensure that you are more profitable and your customers are satisfied.
Reduced Operation and Maintenance Costs
Without a proper way to track the performance of your vehicles, you may not know when and how the costs are incurred. This will consequently create loopholes for extra expenses and, therefore, losses for your business. Take a driver who takes the company vehicles for repairs now and then, or refills the fuel tank now and then.
Essentially, you would want to know what causes these problems. Now, the first step towards implementing a long-lasting solution would be to track the activities of all the vehicles. This will provide you with actionable information and, consequently, a way forward.
In a nutshell, GPS tracking improves your operational efficiency, company vehicles’ security, and business performance. It also gives the ability to track the performance of your cars and the business in general.
Infographic created by Track Your Truck, a GPS vehicle tracking devices provider