When ABBA sang “Money, money money, must be funny, in a rich man’s world”, they forgot about one little detail: Money is not only funny in the world of a rich man.
Any company with a fleet of vehicles knows how much money is spent on fuel. Although it is unavoidable to not pay for fuel, having a vehicle tracking system installed in your fleet can significantly reduce the operational costs. What’s more, the installation is simple and affordable, and has shown to pay for itself within a few months.
Vehicle tracking helps to reduce fuel costs in a number of ways which also brings additional benefits to your company. When a vehicle tracking unit is installed in a vehicle it transmits data and information about the location, speed, and status of the vehicle. This information can then be managed on a software system easily accessible at any time and place from any computer with an Internet connection.
One contributing factor to a reduction of fuel expenditure is due to the full transparency offered by vehicle tracking. The vehicle tracking system has a map feature which does not only allow you to locate all of the vehicles in real-time, but also access information about their speed, the direction in which they are driving, and whether they are stopped or idling. This enables you to allocate vehicles to jobs by smarter and more efficient route planning as the visibility of the fleet offered by vehicle tracking identifies which available vehicle is in the closest proximity to the next job. Consequently, as driving time and driving distance is minimised there is less fuel consumption and thus a reduction of associated costs.
A vehicle tracking system is also likely to reduce private mileage, which can significantly contribute to a company’s fuel expenditure, as it is possible to identify driving activities. Moreover, the hardware records driving behaviour, such as speed, in order to promote a “smart” way of driving. Vehicle tracking can thus help you to save a considerable amount of money spent on fuel, allowing you to spend it elsewhere whilst laughing all the way to the bank.
If you would like to learn more about vehicle tracking, please visit http://www.vermillionmvt.co.uk or telephone us on 0845 467 7128