GPS tracking: All about the savings
Being a fleet business owner brings many responsibilities and requires completing tasks that will keep the business thriving and growing. GPS tracking has been proven by many fleet business owners to bring a true return on investment. In part one of this series, we explained a bit about how GPS tracking can help you see ROI in two different, important areas of your business. By using GPS tracking features fleet businesses can reduce labor expenses and increase revenue. In part two of this series, we’re going to discuss how you can see ROI with GPS tracking by stopping inventory theft and reducing wasted miles.
1.) Preventing Side Jobs: According to the National Labor Bureau, approximately 5.7% of workers engage in moonlighting or side jobs. This costs your business in lost income, more vehicle maintenance and extra fuel. GPS tracking is a wonderful solution to preventing fleet vehicles from being used on employee side jobs. With geofence alerts managers would know exactly where all vehicles are, at all hours of the day.
2.) Reducing Wasted Miles: The monitoring capabilities of the live map makes GPS tracking unbeatable. Not only can managers see their trucks in real-time, but the GPS tracking devices will record miles drive and which routes were taken. With the advanced routing option that GPS tracking has to offer dispatchers can choose shorter paths which can be programmed to prevent a continuation of wasting miles. Fewer nonproductive miles reduces the costs associated with fuel, oil changes, tires and repairs.
Improved management resulting from the use of GPS tracking aids in preventing income theft and dramatically reduces mileage. As mentioned in part one, GPS tracking is also useful reducing labor costs and increasing profits. When you have instant access to the whereabouts of your vehicles and staff at all times you can better monitor your business assets and start seeing a ROI right away. You could save hundreds of dollars in all areas mentioned just by using GPS tracking.
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Key Takeaways
GPS tracking: All about the savings
Being a fleet business owner brings many responsibilities and requires completing tasks that will keep the business thriving and growing.
GPS tracking has been proven by many fleet business owners to bring a true return on investment
In part one of this series, we explained a bit about how GPS tracking can help you see ROI in two different, important areas of your business. By using GPS tracking features fleet businesses can reduce labor expenses and increase revenue. In part two of this series, we're going to discuss how you can see ROI with GPS tracking by stopping inventory theft and reducing wasted miles.
In part one of this series, we explained a bit about how GPS tracking can help you see ROI in two different, important areas of your business
By using GPS tracking features fleet businesses can reduce labor expenses and increase revenue. In part two of this series, we're going to discuss how you can see ROI with GPS tracking by stopping inventory theft and reducing wasted miles.
By using GPS tracking features fleet businesses can reduce labor expenses and increase revenue
In part two of this series, we're going to discuss how you can see ROI with GPS tracking by stopping inventory theft and reducing wasted miles.
Frequently Asked Questions
What is the main benefit of GPS tracking for
The article highlights that GPS tracking helps organizations improve response times, reduce operational costs, and increase visibility into vehicle and asset locations - key advantages relevant to The GPS Tracking ROI Solution: Part 2.
Can GPS tracking help with route optimization and dispatching?
Yes - GPS tracking provides real-time traffic and weather overlays, automated dispatching tools, and route replay data so fleet managers can direct drivers along the fastest paths and adjust assignments on the fly.
What are geofences and how do they help fleet management?
Geofences are virtual boundaries drawn on a map that trigger alerts when a vehicle enters or leaves a designated area, helping managers monitor unauthorized use, verify job-site arrivals, and protect high-value assets.
How does GPS tracking help fleets during severe weather?
GPS tracking provides real-time weather overlays, helps dispatchers reroute drivers around dangerous conditions, and monitors vehicle locations so managers can verify driver safety during storms.