Reliable Fleet Tracking Management
Fleet tracking is the use of GPS technology to locate and maintain contact reports with one or more fleet vehicles in real-time. Immediate access to the location history of individual fleet vehicles allows precisely time-managed, current and forward journey planning and responsive to changing travelling conditions.
Fleet tracking management can also include a range of functions such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, speed management, fuel management and health and safety management.
A study entitled Improving Productivity and Profitability through Service Fleet Management reports on how fleet tracking management impacts on both small and large businesses.
In the report, businesses were grouped together based on the size of their fleet. 1 to 10 were characterized as small, 11 to 50 as medium small, 51 to 250 as medium, 251 to 1000 as medium large and more than 1000 as large.
The report also showed the main reasons why businesses who were seeking to increase efficiency through the implementation of fleet tracking solutions.
Other reasons why businesses wishing to use some form of GPS vehicle tracking technology were:
Reduce service response times (57%)
Reduce fleet related operating costs (46%)
Increase service related productivity (41%)
Extend life of service vehicles (16%)
Commercial vehicle tracking solutions in the fields of transport, logistics, haulage and multi-drop delivery environments can include optimised fleet utilisation, real-time operational enhancements and dynamically remote-managed fleets.
Rising fuel costs constantly challenge fleet operators to maintain movement of vehicles and monitor driver behaviour to avoid delaying traffic conditions by either, combining deliveries, reconfiguring routes or rescheduling timetables.
Fleet managers and drivers operating within both large and small companies have realised an average savings of nearly 25 per cent in reduced downtime costs due to maintenance management programmes using a GPS fleet management solution.
A company with a fleet of 20 vehicles can typically have one vehicle out of service for repairs at least twice every month at an average cost of £419 a day.
A simple 25% reduction in this unscheduled soft cost can result in an annual savings of nearly £ 2, 514 based on the following formula:
£419 x 2 days = £ 838 per month
£838 x 12 months = £ 10,056 per year Savings
25% savings x £10, 056 (year) = £ 2,514 per year
Increasing oil prices costs many businesses, particularly those with large vehicle fleets, adding a powerful financial impetus to the search for fuel efficiencies. Implementing real-time vehicle tracking as part of a commercial company’s mobile resource management policy is essential for comprehensive operational control, remote driver security and fuel savings.
Reduction in Carbon Emissions
One example of how fleet tracking technology has a significant role to play in both a measurable reduction in fuel consumption and clear environmental benefits by the reduction in carbon emissions is Interserve, an engineering and support services company, who have both saved 15 per cent of its fuel costs and seen a drop in CO² by tracking its vehicles with satellites.
Interserve is using an advanced vehicle tracking system, which works over a web browser and updates vehicle location reports every 20 seconds. It also displays mileage information, live traffic information and exception reporting. According to Mark Stimpson, the commercial director for Interserve, fuel bills were estimated to be cut between 10 and 20 per cent.
Using GPS vehicle tracking technology and viewing interactive maps online enabled the company to see where it was losing money, time and wasting fuel (such as on duplicated journeys).
Tracking and the Law
In some countries, there are legal concerns over using tracking technology. In the UK, for example, the law stipulates that companies must inform drivers if they use telematics to monitor vehicles for purposes other than asset tracking.
The current worldwide market for fleet tracking powered by Global Positioning Systems (GPS) receiver technology is estimated at more than £1 billion and is expected to grow to more than £15 billion during the next 5 years.