How GPS Fleet Tracking Saves Your Company Money
Thursday, January 21st, 2010Sales of GPS fleet tracking systems have grown by more than 300% in each of the last two years. The reason is simple: it saves money and increases productivity. If you have a fleet of five or more company vehicles and you have not investigated the savings you can achieve with GPS fleet tracking, now is the time to take action. Don’t lose thousands - even tens of thousands - of dollars this year because you failed to take action.
You can install a GPS fleet tracking system for just about $300 per vehicle. Then there will be a monthly maintenance fee of less than $50 (in most cases). You can expect to recover the entire first year’s cost in under 6 months. After that, you will be calculating the return on the investment. Some companies have even reported a positive ROI in the first month of using a GPS fleet tracking system. Here are some of the factors that help the company’s bottom line.
1. GPS fleet tracking maps and routing save drive time, fuel and money. In the event of a customer emergency, you know where all the trucks are, and you can quickly direct the closest vehicle to handle the call. Drivers can even decide whether they need to take the fastest, most direct or most fuel-efficient route to the next stop. The GPS fleet tracking monitoring of location also looks at the route ahead and notifies you if there is a tie-up. Then it provides a detour around the problem to keep the driver on schedule.
2. Using data to improve driving habits also saves fuel, reduces carbon emissions and saves money. Your GPS fleet tracking system will compile data on the driving habits of each driver. For example, it will track racing up to an intersection and slamming on brakes habitually or slamming the accelerator to the floor when starting up after a traffic stop, or habitual speeding.
3. Anti-theft and accident report function. Not only will a GPS fleet tracking system help you locate a stolen vehicle instantly and share information with the police, you can also disable the vehicle. In the event of an accident, you will be alerted instantly so you can determine the extent of the damages and injuries and send help to your driver. The GPS fleet tracking program will also create an incident report that will document the speed and direction of your vehicle when the accident occurred. The vehicle locator, anti-theft functions and accident report will qualify each vehicle for a discount on insurance of as much as 33%.
4. Vehicle maintenance tools are also included in many GPS fleet tracking systems. Many interface with the vehicle’s factory-installed computer. Together they monitor all parts of the engine, the frame, even the tires. If a problem is beginning, you will receive a report so you can make repairs when it is convenient instead of when the vehicle breaks down on the road. Proper maintenance improves gas mileage and reduces carbon emissions, as well as reducing maintenance costs.
The capabilities of GPS fleet tracking that reach beyond simply showing the location of a vehicle on a map can save time, abuse, fuel, and achieve savings that drop directly to the bottom line.
– Use less fuel and save on fuel costs
– Dramatically reduce repair costs by as much as 20%, drive vehicles longer, and catch problems before they become big breakdowns
– Save up to 1/3 of the current cost of insurance for each vehicle
– Correct bad driving habits that damage the vehicle, waste fuel, increase carbon emissions, and cost money
– Increase productivity and reduce overtime
– Reduce paperwork related to cargo, customer service, vehicle management and payroll by using system reports
– Eliminate unauthorized breaks, side trips, or after hours use of vehicles
– Improve customer response times, on-time deliveries in an ever-narrowing window, and reduce billing errors, resulting in greater customer satisfaction
Whether you manage a fleet of 5 or 500 vehicles, a GPS fleet tracking system will save you time. It will reduce expenses, make you more efficient, make your drivers more efficient and productive, will improve customer satisfaction and retention, and save a bundle of money for the company in ways that carry straight to the bottom line. Can you really afford to be without a GPS fleet tracking system for your company?
To learn more about GPS fleet tracking, get the free report “7 Ways Your Company Can Save Thousands of Dollars With GPS Fleet Tracking.” Many companies have substantially increased their revenue and decreased their costs by implementing a GPS tracking system for their fleet. To calculate the ROI for your company in under 30 seconds, click through to the GPS tracking ROI calculator.