Vehicles are common business assets that can be used for multiple functions like delivery and traveling. If the nature of your business operates with vehicles, such as in food delivery or trucking companies, then it is essential to monitor them at all times. Being able to track your vehicles and other assets in real-time can give you valuable insights to monitor travel routes and fuel costs. Thanks to advancements in technology, such is possible with the help of GPS systems that help you track your vehicles.
More specifically, GPS fleet tracking allows you to track the location of your vehicles with your smartphone or a similar device. It works by attaching a tracking device to each of the vehicles in your fleet, allowing you to receive information through a central server. This system is particularly useful for fleet managers or business owners who aim to maximize efficiency and productivity, and need valuable data to make strategic decisions. Irrespective of a start-up or a seasoned business in your industry, there are numerous benefits to employing GPS tracking in fleet management.
Increased Visibility and Transparency
Using a GPS tracking system for your vehicles allows you to have more “eyes” since you can see where each driver goes, how long it takes to get to the destination, and whether there were any hard-to-reach areas. Likewise, it promotes transparency since you can see if the vehicles were used for other purposes. This way, you can address possible logistic issues or inefficiencies in performance.
Improve Time Management
Using GPS fleet tracking can save significant amounts of time since the system can predict how much time it will take the vehicle to reach its destination. For fleet managers, knowing where vehicles are at particular times will help them relay the information to customers and answer inquiries. Similarly, knowing how long it takes to complete a delivery can help you plan more efficient schedules for drivers. With this information, you can create a route avoiding the high-traffic areas, select a particular time for delivery, and do other things to improve time management.
By monitoring the company’s vehicle usage, you can also track related costs like fuel, maintenance, and the like. For example, by planning out a driver’s schedule and picking a less congested route, you can not only lessen the time it takes to make the delivery but also reduce fuel consumption. GPS tracking systems also have innovative features that allow you to be notified when one or more of your vehicles need repair or maintenance. With this, you can prevent significant issues from arising, thereby saving maintenance costs in the long run.
Improve Customer Service
Data generated from GPS fleet tracking can ultimately lead to better customer service. For one, you can assign drivers and vehicles based on proximity to the customer to ensure faster service. You can also provide more accurate data on how you come up with costs so that customers can be assured that you are charging fair prices. Furthermore, customers can get a better idea of how long it will take for a vehicle to arrive via real-time mapping. Indeed, GPS tracking can help you build a better relationship with your customers as you promote more transparency and efficiency.
Given the valuable benefits mentioned above, it is clear that GPS fleet tracking can be a significant addition to any business. As such, it is not surprising that the market for GPS tracking devices is expected to reach $3.7 billion by 2025. Just as the market continues to grow, so does the expectation that more technologies will emerge to help businesses achieve their objectives.