Soft costs are actually more significant than hard costs and addressing them can have a greater impact on the success of a fleet program, both directly and indirectly.

Every business needs accurate and quantifiable data to make profitable decisions and long-term plans.  Measuring hard costs like fuel, vehicle purchases, equipment expenses, etc. is a well defined way fleet managers track their progress.  But identifying soft costs such as the bottom line impact of fleet downtime and driver safety is just as important!.

Downtime Is Critical

One of the most important responsibilities in fleet management is ensuring the dependability and productivity of a company’s vehicles so that employees can effectively serve customers and produce revenue. Consequently, preventive vehicle maintenance is key. Lost business due to out-of-service vehicles can be a significant drain on your budget.

Example:

A company with a fleet of 20 vehicles can typically have one vehicle out of service for unscheduled repairs at least twice every month at an average cost of $750 a day (the cost may vary according to your industry). A simple 25% reduction in this unscheduled soft cost can result in an annual savings of nearly $5,000 based on the following formula:

Fleet managers and drivers in companies both large or small have realized an average savings of nearly 25 percent in reduced downtime costs due to maintenance management programs using GPS Fleet Management solutions. No fleet maintenance program can afford to be without this technology. GPS vehicle tracking solutions notify fleet managers of maintenance due issues at their earliest stage. It automatically notifies fleet owners of these issues via email so that efficient action can be taken before any serious problem arises.

Global position system or GPS global position system utilizes satellite signals to track location. This system has become so precise that it can pinpoint an actual location to within a few yards. GPS has many uses, one of which as a GPS fleet tracking system. There are several benefits of using GPS for vehicle fleet tracking.

The GPS tracking system is used with software that a dispatcher accesses from the computer. This will allow better dispatch for service technicians or delivery drivers. There are usually delays when dispatching is done using a map and judgment of the dispatcher. With the aid of the GPS fleet tracking system, dispatches are made on a timely basis thus improving quality of service.

GPS system works in both metropolitan and rural areas. Using the tracking system to dispatch employees and define routes will help to keep a window time to a minimum. It avoids drivers passing each other en-route, saving time and fuel.

Another great benefit of using the GPS fleet tracking system is to help drivers in navigation. Without GPS tracking, drivers can waste a lot of time and fuel driving in the wrong direction, looking for streets, asking for directions or stopping to check the map. A GPS fleet tracking system provides real time navigation for the driver, thus saving time and fuel expenses.

GPS fleet tracking system can be used to ensure that your staff is doing their jobs. It can track drivers so you know their whereabouts during working hours and acts as a deterrent to those who tend to shirk.

Besides supplying real time information, GPS vehicle tracking system can provide reports of historical tracking which can be beneficial to staff. If there are any complaints from customers about time of arrival or the length of time spent at the location, these concerns can be verified from past record of GPS vehicle tracking.

GPS fleet tracking system reduces the risks of employee fraud and vehicle theft. If you are utilizing it in your fleet management, you should be able to negotiate a discount rate with your vehicle insurance provider.

GPS fleet tracking is a great technology that helps any business to improve productivity, reduce costs and increase profitability. It is not only used for managing mobile assets but also employees in any service, delivery or sales organization. Although initial capital investment in a tracking system is high, the benefits far outweigh the costs in the long run. Some GPS suppliers offer leasing or negotiable payment installment.

GPS Vehicle Tracking and Insurance Reduction

Posted by midwestfleetmanagement under Uncategorized | Tags: asset management, fleet management, gps tracking, vehicle insurance |

With a real time tracking system installed in a fleet of vehicles you can receive updates every 60 seconds displaying the location of your vehicles at any given time. This allows you to monitor idling, speeding, routes and “extra stops”. This advanced system also allows office based managers to view fleet locations online and advise driver’s accordingly. By using a vehicle tracking system in order to monitor and manage a fleet of vehicles you can save a lot of money on vehicle costs while at the same time improving work efficiency and customer service. Click below for  more details on the USA’s leading GPS vehicle tracking system.

ISSUE: Out-of-route miles that lead to time card disputes.

ANSWER: GPS Fleet Management will tell you the real status of your vehicle 24/7.

Every minute of every day, you’ll track and know where your trucks and drivers are. You’ll know if they’re on route or off route. If they’re loading or loaded. Your dispatchers will have all the information they need to make informed decisions.

You’ll have detailed start, arrival and departure times – truth is, you can say goodbye to timecard discrepancies. And, with vehicle location history, you can pinpoint extra, unnecessary miles easily – increasing efficiency and reducing operating costs.

ISSUE: Unnecessary miles are costing me a fortune.

ANSWER: GPS Tracking gives you real-time vehicle location and status information.

Imagine the enhanced service you could provide if, every minute of every day, you knew exactly where all your vehicles and drivers were.

You would know precisely if they were on the job, enroute to the next call or ready to go to the next call.

With detailed start, arrival and departure times at last you’ll be able to eliminate unwarranted overtime. And, with vehicle location history, you can pinpoint extra, unnecessary miles easily – increasing efficiency and reducing operating costs.

With up-to-the-minute GPS-based facts at their fingertips, your dispatchers will have all the information they need to make more informed decisions. Decisions that impact on daily productivity and customer satisfaction – and with more control over your fleet, you’ll have much better management of your operating costs, steering them down where you can.

All in all, there’s no better way to maximize the utilization levels of your fleet.

GPS Fleet Management will reduce costs and create efficiency for your company.

Teletrac, – GPS fleet vehicle tracking solution for your fleet