In today’s tough economy, many small businesses are trying to survive the recession and are not too keen on spending their cash. So the question arises of the ROI of GPS Fleet Tracking. Is investing in a Fleet Tracking System with GPS worth it?
The purpose of a fleet tracking system is to increase productivity and cut costs. Because most of the cost-savings results of implementing a fleet tracking system are immediate and long-lasting – it ends up costing a lot less than you may think. With a GPS enabled fleet tracking system, you can see exactly what is happening when your trucks leave your sight. It’s like being a fly on the wall. For example, you can see exactly how much fuel is being wasted from unnecessary idle time.
mmediately Reduce Fleet Management Costs with the best GPS Fleet Management System
Modern fleet management tools and technology are changing the way fleet managers look at vehicle fuel consumption. Economic conditions, legal regulations, reduced margins and heavy competition have created a high level of urgency for all fleets to consume fuel in the most effective way possible. Regardless of size, every fleet must pay for fuel, and every penny counts.
All fleet owners and fleet managers seek cost-effective ways to optimize fleet fuel consumption. GPS fleet tracking technology can be one of the most cost effective means to optimize fuel consumption. You can immediately reduce fuel consumption by up to 20% by investing in and utilizing a fleet management system. The best fleet tracking systems, such as FieldLogix, can IMMEDIATELY REDUCE fleet operating costs and provide a positive return on investment (ROI) in less than 6 months.
Real-time GPS vehicle tracking is becoming increasingly popular, especially in the business world. Smart business managers with employees and assets on the go use a GPS fleetvehicle tracking system to help reduce fuel usage, trim other operating costs, improve fleet productivity and maximize customer service. Whether you manage a fleet of one or hundred, managing vehicles and increasing operating efficiency while improving customer satisfaction can be easy if you have the right tools.
FieldLogix announced today that it has been selected as a finalist in the Outstanding Emerging Growth category for TechAmerica San Diego’s 17th Annual High Tech Awards. TechAmerica, the leading voice for the U.S. technology industry, proudly recognizes the accomplishments of regional companies every year at its annual awards ceremony. Finalists will be honored for their outstanding achievements on October 22, 2010 at the Hyatt Aventine in La Jolla.
FieldLogix was selected as a finalist in the Outstanding Emerging Growth category for 1) their product innovation in the telematics industry with the FieldLogix Green (Eco-friendly) Fleet Management System and 2) their ability to continuously increase sales without outside financing, despite the challenging economy.
TechAmerica is extremely excited to recognize those companies that have excelled in their fields and made outstanding contributions to drive the industry forward,” Kevin Carroll, regional vice president of TechAmerica San Diego, said. “As in the past, we will have a very difficult time selecting winners in each respective category due to the successes each company has experienced.”
The Green Fleet Conference will be taking place in San Diego next month. In light of today’s environmental issues and corporate responsibility expectations, the concept of Green Fleet Management should be important to all fleet managers, whether you have a fleet of one or one thousand. Developing and managing a green fleet requires a thorough knowledge of available products, technologies, and an in-depth cost-benefit analysis, plus much more.
The Green Fleet Management Conference will provide “two intense days of education and dynamic dialogue for green fleet managers,” according to Bob Brown, conference chairman and Automotive Fleet associate publisher. The Green Fleet Management conference “is the only alternative-fuel and technology event that combines and focuses solely on car and truck fleets with an environmental sustainability component,” Brown explained. The Green Fleet event features in-depth education sessions, a first-time ride & drive event, and valuable networking opportunities.
The team at FieldLogix, an industry leading provider of the most unique Green GPS Fleet Management System, is looking forward to the Green Fleet Management event. Not only is it in San Diego where FieldLogix is based, but the Green Fleet Conference will provide attendees with valuable insights, ideas, and examples to help fleet managers create the most cost-effective and environmentally conscious Green Fleet possible for your company.
GPS fleet tracking systems should be used by any and every business involved in field services – even small business with only a few fleet vehicles – and here’s why. Whether you operate a fleet of one or one thousand, the impact of today’s fleet management solutions are universal. It seems now is the prime time to be taking advantage of fleet management solutions — no matter what the size of your fleet. Now, more than ever before, GPS tracking and fleet management solutions are a must-have because without it, you’re leaving money on the table.
When most people think of GPS fleet management, they think of large corporations like FedEx or UPS who operate thousands of trucks across the nation. It’s easy to imagine how using a fleet GPS management system would benefit companies like this. But it’s not as intuitive to realize the huge impact that a GPS fleet management system can have on a business with just a few vehicles. When the GPS fleet tracking industry first began, systems were bulky and very expensive to install and operate, but this certainly isn’t the case today. Over the last few years, fleet management systems have evolved and are much more affordable, reliable and useful than even before. Just as the internet and smartphone technologies have exploded, so have the advancements and capabilities of the telematics industry.
In the past, a small business involved in local field services just couldn’t justify the investment in a GPS fleet management solution. But today this is not the case. The largest growth in the GPS fleet management industry is coming from local service fleets because, for the first time, they are able to experience a significant ROI. Now that GPS fleet tracking and management systems are more affordable than ever before, investing in one makes more sense than ever. First and foremost, a GPS fleet management system improves the bottom line. In light of today’s tough economic climate, small businesses need all the help they can get to increase profits. This is what’s driving the growth in the rapid increase in small business implementation. But in addition to cutting costs, fleet management systems enable better decision making and simply make life easier.
Reduce fuel costs. Fleet operators should focus on miles per gallon. Fuel costs are a large direct operating expense, especially for fleets with high mileage each month. Many fleet managers approach fuel cost savings by looking for purchase discounts, which aren’t really feasible unless the fleet can fuel in volume at a single site. Fleet fuel cards can be used to direct driver purchases away from premium fuel, which offers some benefits, but the most significant fuel savings come from selecting more fuel-efficient vehicles. Moving away from heavy vehicles and larger engines can provide 30% to 50% fuel economy increases. Using a fleet tracking system to identify poor driving behavior that burns excessive fuel, such as speeding and unnecessary idling can reduce fleet fuel costs by approximately up to 12% per year. Also, a fleet fuel card will help move 8% of fuel purchases away from premium fuel.
Secure the best fleet financing. Proper vehicle financing should absolutely be considered. Leasing vs. ownership of fleet vehicles is a common funding decision for fleet managers, and the economic analysis often ends in a tie. The decision to lease or own frequently hinges simply on balance-sheet considerations.
GPS fleet tracking systems are successfully being utilized in the largest cities in America for good reasons. According to Helen Rane Carbone, Chief Programmer and Analyst for the Chicago’s Department of Transportation “Before we implemented GPS, our fleet managers and dispatchers had virtually no real-time information on the whereabouts or activity of our fleet vehicles. We relied on very basic communication using two-way radios and hand-written reports. This was never able to provide the type and depth of information we needed for real performance monitoring, improvement, and accountability, which is expected of all city departments.”
According to Carbone, “before implementing a vehicle tracking system, simply keeping track of mobile resources from a dispatcher’s perspective – vehicle and driver scheduling, routing, call response, location in the case of emergencies – was a very difficult daily task. Truly measuring fleet and mobile employees’ productivity was practically impossible.”
Cities like Chicago are also using GPS fleet management systems to enhance their efforts to go green. Fleet managers are using real-time vehicle location data to optimize routes and reduce excessive idling in an effort to reduce gas consumption, CO2 pollution and other hazardous greenhouse gas emissions. According to Ms. Carbone, telematics plays a big part in many of Chicago’s environmental initiatives in becoming a true green fleet. “Fleet GPS management systems help with everything from the number and type of vehicles we’re using for a particular task, how they’re being used, and the amount of CO2 emissions they’re producing. Everyone is looking to big cities like Chicago to lead the way in this, and remote fleet management has gone from being a valuable tool to an absolute necessity.”
Fleet managers are constantly trying to figure out ways to increase productivity while cutting costs. The global economic recession combined with rising fuel costs has made fleet management more challenging than ever. With fuel topping $3 a gallon or more in some regions, fleet operators are searching for ways to make their drivers more efficient, while also abiding by strict legal requirements that restrict vehicle idling and hours of service. Considering the current economic times, even a small decrease in costs can mean the difference between a profit or a loss for many fleet operators.
The challenges facing fleet managers are becoming increasingly difficult. A fleet tracking system that lowers operating costs can help many companies to not only survive but thrive in today’s tough economic climate. A fleet tracking system can provide a return on investment in approximately four to nine months, depending on your industry. Modern fleet tracking and management systems are making it possible for managers to reduce fuel consumption and vehicle emissions, while simultaneously improving safety and legal compliance, and optimizing vehicle and driver operations. A GPS tracking system helps dispatchers to route the nearest vehicle to a specific location, navigate the best route, and minimize maintenance costs. Fleet managers can also reduce truck driver overtime and administrative costs by automating fuel costs and tax reporting with electronic truck driver reports.
Facing severe budget cuts in today’s tough economy, cutting costs without sacrificing student safety is a formidable task for every school district across the nation. School district transportation managers are responsible for thousands of children each day once they step onto the school bus. Most state laws are very strict when it comes to school […]
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