What is the Fleet Management? What are the benefits?
AIoT Solutions
Companies rely on fleet management as a solution to help increase productivity, save money and identify any potential issues.
From your neighborhood oil and gas provider to cross-country delivery services, businesses across all industries rely on commercial vehicles to transport people and products every day. These commercial vehicles are known as a fleet, and they are often one of a business’ most expensive assets.
Managing a fleet of vehicles, no matter how large or small, involves keeping track of many moving parts. Every task related to owning and maintaining a fleet is considered an element of management, and is a fast-growing trend. Here are what fleet management can do for you.
Vehicle Tracking
Implement the Fleet Management System, fleet managers are able to track each vehicle, allowing them to monitor performance and any potential maintenance issues. In addition to a telematics system, some companies also adopt a CCTV feature to monitor and record their vehicles.
Driver Behavior Analysis
The vehicle tracking system often includes a driver behavior component. Fleet drivers are scored based on their driving habits and behaviors, helping to ensure they are using the vehicles safely.
Fuel Management
Fleet management technology can provide insight into fuel usage, as well as vehicle trends. This feature is also tied into the driver analysis, since it looks at behaviors that affect fuel consumption, such as frequent braking or idling.
Route Monitoring
By monitoring vehicle movement and schedules, fleet managers are able to plan out routes for optimal efficiency. Mobile apps are being used more frequently to maximize operations and provide real-time vehicle updates.
Benefits of Fleet Management
The major benefit for setting up a fleet management system is a reduction in overall operating costs. Using the data that's collected, improvements can be made in several key areas of operation leading to increased efficiencies, improved productivity, and better route planning and dispatching.
Clear Operational Visibility
Fleet management solution provides fleet managers with comprehensive historical data as well as real-time visibility into operations, allowing them to make data-driven decisions to improve safety, reduce costs, and maximize efficiency.
Saved Costs
According to Verizon Connect, fuel accounts for nearly 40% of fleet ownership. Telematics Fleet management solutions can reduce fuel costs by 20%-25%. These tracking solutions alert you to idle time per vehicle and deliver idle time averages across your fleet. They also empower you to monitor fleet performance, track how improvements affect idle time, and help educate drivers about the need to reduce idle times.
Increased Productivity
Delays, idling, and downtime negatively impact driver productivity and can increase operational costs. Fleet managers in the office can be proactive by tracking idle time, driver behavior, and driving patterns. This can also help reduce vehicle emissions and save on fuel costs — which, on average, account for 60% of a company’s total fleet operating budget.
Improved Customer Satisfaction
You can use fleet vehicle management to improve customer satisfaction, especially with the aid of a telematics vehicle tracking solution. Your asset tracking solution will help ensure driver compliance to routes and schedules to avoid missing or delaying a delivery or appointment. You’ll also improve customer satisfaction by knowing which vehicle is closest to the job to minimize travel time and get drivers to customers more quickly.
Intelligent Fleet Management for Commercial Vehicles
MSI FUNTORO Telematics Solution provides transportation sector a smarter way to control their fleets. The applications such as real-time vehicle tracking, ADAS event notification, fuel level monitoring, and driver & cargo safety bring the great values to customers and improve operational efficiency along with company profit.
Please visit the website at https://www.funtoro.com/global/page/solutions_Telematics to obtain more information.
