GPS Vehicle Tracking Reduces Company Vehicle Costs
December 19th, 2009 by Todd CavanaughIf you have company vehicles on the road - cars, trucks, tractor trailers - and you do not have GPS vehicle tracking in them, you are probably spending money on wasted time, wasted fuel, and unnecessary vehicle maintenance and repairs. If you want to reduce these costs and improve your bottom line, GPS vehicle tracking is what you need.
You probably remember that UPS made news a few years ago by having their drivers make right turns only. This grew out of analysis of how the drivers were using time and fuel. Most left turns require a wait. Waiting costs money. This is typical of the kind of data and decision-making that can derive from GPS vehicle tracking. It is also typical of the ways companies of all sizes use GPS vehicle tracking data to make decisions that immediately impact the bottom line by reducing operating cost.
GPS vehicle tracking allowed the company to monitor where the trucks were at any given time. They were able to extract reports showing the average wait time to make right turns and to make left turns. They were also able to analyze the amount of extra fuel required to make left turns (due to waiting for traffic to clear or for lights to change). They were also able to convert their findings to dollars lost. They determined that making left turns was simply too expensive.
In September of 2009, the mayor of Dyersburg, Tennessee reported on initial findings about city employee productivity and responsiveness to resident requests for services. Using new GPS vehicle tracking the city discovered several ways to improve productivity, reduce operating costs, eliminate waste, and improve customer satisfaction.
GPS vehicle tracking provides a wealth of information to management, including:
- speeding
- bad driving habits that could harm the car or others
- identification of more efficient routes
- excessive idle time.
- capability for identifying the closest vehicle to an emergency need
- excessive time spent at a location
The information gathered by a GPS vehicle tracking system provides vital decision-making data for managers and company executives. The data can help managers correct bad driving habits, improve efficiencies, identify potential problems and protect their investments. It can become a primary tool in improving customer satisfaction. A good GPS vehicle tracking system can even help you create warning systems for drivers, notify drivers safely of traffic problems and offer alternative routes to save time.
GPS vehicle tracking systems enable you to even extend the life of your vehicles. It can help you identify and correct driving habits that are harmful to engines. It can also help you identify problem employees, identify several kinds of waste, prove unauthorized use of vehicles and find ways to make your drivers and your vehicles more efficient. With GPS vehicle tracking, you can help your employees become more reliable and consistent. You can cut costs while improving productivity; and this will result in increased profit.
Your drivers can find the best driving routes, reduce waiting time, improve fuel economy and contribute to a better bottom line. GPS devices are very affordable and very easy to install and monitor. Many insurance companies even offer rate reductions for vehicles equipped with GPS vehicle tracking. Perhaps best of all, the ROI of this investment will be many times greater than the cost and you can demonstrate improvement almost instantly.
To learn more about , get the free report "7 Ways Your Company Can Save Thousands of Dollars With GPS Fleet Tracking." A number of companies have increased their revenue and lowered their costs by installing a GPS tracking system for their fleet. To calculate the ROI for your company in under 30 seconds, see the ROI calculator.
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