GPS Tracking-a “sure cure” for an old, economic ailment.
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, maintenance and insurance costs have become an accepted way of life for owners and 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.
Technology has created a way for businesses to significantly reduce fuel and maintenance costs, lower insurance rates, increase productivity and even generate happier employees!
For over a decade, GPS vehicle tracking systems have proven to be effective in determining the precise location of a vehicle or asset. GPS tracking uses a system of satellites orbiting the earth to find an approximate placement of the receiver within a few meters of its actual location. Systems range from the “passive”, battery operated tracking key , to the highly sensitive, “active”or “real time” systems with various installation options. Both are designed to enhance fleet 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. Passive systems 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 systems employ wireless networks that accurately determine the exact location of a vehicle. The user instantly receives location data from the GPS receiver while the vehicle is still in motion. Real time systems are most widely used by companies who wish to monitor fleet vehicles and other “heavy” assets.
Reports indicate that GPS fleet tracking has successfully enabled companies to:
- Audit employee hours, thereby insuring better utilization of vehicles.
- Reduce mileage and fuel costs by monitoring private use of vehicles.
- Improve fuel efficiency by reducing average speed of vehicles.
- Increase productivity through better budgeting of time and resources.
Unnecessary mileage means wasted fuel, the consequence being a costly misuse of valuable funds. Among the top ways for companies to squander fuel and weaken profits are by simply allowing drivers to:
- Travel the slowest, most complicated route, one that is full of stop signs and maybe lots of construction work.
- Abuse the time spent on multiple stops so that they must exceed the posted speed limit to stay on schedule.
- Sit in traffic jams which, with proper research, could have been avoided.
- Randomly select any gas station for refueling, regardless of its price per gallon.
- Rapidly accelerate from stops.
- Use company vehicles for undocumented personal business and recreation.
GPS vehicle tracking systems help companies regain control!
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 $4.00 per gallon for gasoline, you are spending a total of $400.00 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 $40.00 per day totals $9,600.00 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.
Tags: Fleet Tracking, GPS Tracking, Vehicle Tracking
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