Even experienced operations managers can only run fleets with the right equipment. The most experienced wouldn’t attempt it without modern GPS technology. When you’re running a business, active asset tracking is essential. Modern GPS technology has made it possible to track any company asset in the field, in real-time. Here is how that’s beneficial for operations managers.
1. Reduce Your Insurance Premiums
Many insurance companies discount premiums when you’ve got GPS tracking in company vehicles. When your fleet has GPS tracking, they’re less of a liability to insurance companies. By giving a discount, they’re incentivizing you to protect your assets.
Being able to track everything in real-time lets you see where traffic is beginning to back up. Then, you could notify anyone in the field about the upcoming conditions, and they’d have time to react.
Directing them away from high-traffic areas lowers their odds of an accident.
Plus, you can maximize their time on the road by providing them with a clear path to their objectives. Not only are they less likely to get into an accident, but they’ll also be more productive for the company.
2. Minimize Wasted Downtime
Sending someone into the field has always been an exercise in trust. You’ve got to believe them if they tell you they’ve been productive, all day. You’ll likely believe them as long as they’re hitting all their targets for the company. But, they might be able to get a lot more done with their time.
Tracking assets lets you make sure they’re remaining productive throughout the day. We can only manage production as much as we can trust our teams. If they need a break, you can substitute a fresh driver to ensure assets get where they’re going on time.
Another benefit would be peace of mind. Tracked assets are far less likely to become the targets of theft. Protecting them with GPS-assisted technology is helps make sure they’re still functional tomorrow.
3. Optimize Fuel Consumption
Sitting behind a red light isn’t a revenue-generating activity. Revenue only generates when you’re getting closer to your destination.
Tracking vehicles makes it possible to give them efficient paths to their destinations. Optimizing their driving routes lets you save money on fuel.
An optimal driving route eliminates wasted idling time, increasing overall productivity. By spending more time getting to their destination, drivers waste less gas and time. They’ll be able to complete more delivery using less fuel overall.
4. Meet All Your Deadlines
Nothing seems more important than time when you’re operating a business. By optimizing driving routes, GPS provides vehicles with optimal paths to company objectives.
Using this lowers the odds of drivers getting stuck in traffic jams and accidents. Both activities have a negative impact on company accounting records. Preventing them is how GPS technology is able to help the company’s bottom line. Avoiding traffic jams helps you guarantee company-delivered products make it to destinations.
5. Experience Fewer Collisions
Active-course technology uses GPS to divert drivers away from accident-prone roadways and avenues. If there’s an accident, your drivers can receive an upcoming hazard notification.. At the same time, a fully-notated driving path can be delivered to their navigation device.
They’ll be able to drive away from any accident-prone areas, saving time and money. Company assets can deliver objectives faster, and they’ll get into fewer accidents. All this helps the company deliver a better experience for its customers.
You can use this technology to protect drivers, assets, and packages. Providing them with clear paths to destinations helps reduce the likelihood of accidents. So, they’ll continue generating revenue while also protecting property and lives.
GPS-assisted technology can help drivers drive safer.
Using GPS Tracking in Your Company Vehicles
Tracking company assets used to require an entire team of highly knowledgeable staff. With a GPS tracker you can see where your drivers are heading and their upcoming road conditions. Their navigation devices can receive a signal alerting them about any upcoming hazards. Drivers can receive updated directions. Thus, allowing them to avoid potential hazards, traffic jams and accidents.