Technology has created a way for businesses to significantly reduce fuel and maintenance costs, lower insurance rates, increase productivity and even generate happier employees! The answer comes in the form of real time GPS trackers for fleet management applications.
We’re all familiar with that old adage, “Time is money”.
With rampant inflation gouging your profits, this was never more applicable than now.
“We have some good news and some bad news…”
The bad news is that skyrocketing fuel costs, maintenance and insurance costs have become an accepted way of life for businesses owners and fleet managers in the service, delivery and transportation industries. The good news is that there’s a proverbial light at the end of that long , dark, financially depleting tunnel.
GPS Trackers For Company Vehicles
For nearly two decades, GPS vehicle tracking systems have proven to be effective in determining the precise location of a vehicle or asset. GPS asset tracking uses a system of satellites orbiting the earth to find an approximate placement of the GPS receiver within a few meters of its actual real time location. GPS systems range from the “passive”, battery operated data loggers, to the highly sensitive, “active”or live GPS tracker with various installation options. Both are designed to enhance fleet management efficiency and profitability by monitoring driver location, speed and status. Passive GPS tracking means that the GPS receiver stores all location information to be accessed or downloaded at a later time. These data loggers are generally limited to vehicle tracking only and are useful to individuals and businesses which typically do not need to view information in real time. Real time GPS trackers employ wireless networks that accurately determine the exact location of a vehicle or asset. The user instantly receives real time location data from the GPS receiver while the vehicle is still in motion. Live GPS car trackers are most widely used by companies who wish to monitor fleet vehicles and other “heavy” assets such as equipment, shipping containers, or transportation vehicles.
How Monitoring Company Vehicles Can Save You Money
Imagine you’re the owner of a large commercial landscaping business. You oversee ten trucks that each carry expensive landscaping equipment, plus one driver and three other workers. Each truck averages about 150 miles per day at 15 miles per gallon as they travel to and from various corporate locations. At the conservative estimate of $5.00 per gallon for gasoline, you are spending a total of $500.00 per day in fuel alone to operate your landscaping vehicles! By detecting the routes and locations of each vehicle through GPS tracking, you are able to reduce excessive mileage; through online reports of mileage, stops and starts, you can observe your employees’ driving habits and rate of productivity. Imagine! A savings of even $50.00 per day totals over $10,00.00 per year PER VEHICLE!—a more than generous return on the initial cost of your investment!
“A penny saved is a penny earned”
Reducing operating costs produce higher revenue for companies in transportation and other related industries. Subscribing to the “trickle down” theory, these savings benefit not only companies, but their employees and customers as well. An adequately paid employee is more likely to be motivated and productive, and satisfied customers are the key elements in the growth of any successful, long term business relationship.
Powerful and accurate, GPS vehicle tracking systems point companies in the right direction.
