Utilizing a GPS fleet tracking system can be one of the most cost effective means to manage and reduce fuel consumption. Companies surviving the Great Recession are realizing they can no longer ignore the built in inefficiencies within their operations. A GPS fleet tracking system can help the average fleet reduce fuel costs by up to 20%.
In today’s tough economic climate, profit margins are slim and companies must implement as many cost-saving initiatives as possible. In order to stay competitive, companies have to look very closely at every penny spent.
A fleet tracking system can provide an ROI in less than six months and immediately reduce fuel consumption, plus produce ecological benefits. Companies both large and small are utilizing them to create profitable, sustainable fleets – including corporate giants such as Fed EX (NYSE: FDX) and UPS (NYSE: UPS).
A wireless fleet tracking system can put a spotlight on a driver’s habits that consume excessive fuel and emit unnecessary pollution. The most frequent of these activities include excessive speeding, idling and sudden acceleration and stops. Tracking these types of activities is essential to achieving a fuel-efficient green fleet.
Here are some Fleet Tracking System Features that can help you instantly reduce fuel costs:
Closest vehicle
Allows dispatchers to select the closest vehicle to a specific destination and provide turn-by-turn directions for the routes.
Garmin navigation interface (NASDAQ: GRMN)
Dispatchers can immediately send new calls to an in-vehicle navigation device to route drivers from current locations to their new jobs
Idling report
Displays each time a vehicle has idled in excess of 5 minutes. Report displays total time spent idling during a specified time period.
Mileage report
Displays total miles traveled during a specified time period.
Speeding report
Displays each excessive speeding incident during a specified time period
History replay
Displays entire route traveled on a map. Allows user to determine if vehicles are taking indirect routes to stops.
In light of today’s economic volatility, there is some good news – gas prices are expected to come down in the near future. With that said, gas prices are still historically high and the economy doesn’t appear to be turning around anytime soon. So it is more important than ever for companies to take control and operate as efficiently as possible.