Vehicle tracking technology is decades old, and it’s helped numerous vehicle tracking companies improve their efficiency and reliability tremendously. Its market segment is also vast; almost 32% of cars in the United States and 41% in the United Kingdom use these services.
Vehicle tracking companies install hard-wired or plug-and-play GPS trackers inside vehicles. Fair enough, regardless of the type you opt for, these trackers utilize similar satellite technology, which is reliable and efficient.
Supply chain and logistics companies and other industries, including electric, goods, and restaurant supply, use tracking systems for commercial purposes. This article discusses how vehicle tracking systems help companies get ahead of the chasing pack in the competition.
1. Monitoring Driver Behavior and Movement
A lot happens on the roads, and drivers are primarily at fault for overspeeding, harsh driving, and idling. Such actions paint a terrible picture of companies, significantly affecting their reputation. Earlier, monitoring driver behavior on the roads wasn’t easy. However, thanks to the ever-growing demand for this technology, More companies have sprouted, and players like Ram Tracking can offer you their specialized RAM Tracking vehicle tracker systems that are efficient and reliable.
Understanding what happens on the roads can provide you with the peace of mind you need and preserve your reputation, which you might have fought hard for. The good thing is that these trackers suit every need.
So, whether you’re providing your employees with your company cars or you allow them to use their vehicles as part of the gray fleet, you’re all sorted. These trackers’ historical reporting, including travel, geofence visits, speed, and green reporting, provide valuable insight into improving service delivery.
2. Minimizing Vehicle’s Turnaround Time
Time is of the essence when it comes to fleet movement, especially in the logistics and supply chain industry. However, the need to efficiently manage time doesn’t only conform to this industry but many others.
Manual routing, traffic congestion, and maintenance delays can lead to a lag in company product deliveries, compromising the turnaround time.
Vehicle tracking systems, however, offer much-needed reprieve to counter delays and improve the turnaround time companies strive to maintain. A faster turnaround time helps improve productivity since vehicles spend less time idle.
3. Enhanced Vehicle Management Efficiency
Proper fleet management means accessing real-time stats about the vehicles within your premises, which translates into improved productivity. The ability to optimize routes for each truck or any truck helps you find the best routes that reduce fuel use. It means identifying the shortest tracks that enable lesser fuel consumption, reducing costs.
Moreover, GPS tracking systems help you to allocate tasks to every vehicle and driver within your premises.
4. Reduced Inbound Truck and Queuing
Since time can be valuable when making deliveries to your customers, wasting it can do more harm to your business.
Truck queuing, typical in companies that use manual truck check-ins, can get them to spend more time organizing departures and entries, which takes more time, translating to possible losses. However, GPS tracking systems can help you to identify arriving and departing vehicles on your premises.
Dealing with long queues can lead to possible fuel waste due to increased consumption without gaining much. Moreover, delays can be costly and vastly deteriorate customer satisfaction.
These inefficiencies translate to massive losses that can compromise your goals and delay progress. However, a GPS tracking system can be your much-needed savior. It can replace your malfunctioning manual check-in systems that lead to unnecessary queuing.
5. Minimized Theft
In the U.S., over 900,000 vehicles were involved in theft in 2021. This number increased marginally in 2022, and it might soar by the close of 2023. That’s alarming since most vehicles involved in theft don’t have efficient tracking systems. Being more able to track your vehicles accurately can, therefore, help identify their exact location at any given time.
Doing that lets you identify any vehicle off the schedule and prompt you to make quick arrangements to ensure they’re constantly on your radar. This alertness can also make it much easier to inform the relevant authorities. These individuals may quickly track and locate lost and stolen vehicles, minimizing imminent theft.
6. Reduced Supervision Costs
Tracking systems reduce the need for constant supervision due to driver-dispatcher check-ins. This technology helps to identify inefficiencies and ensure more streamlined monitoring operations.
While GPS technology has existed for decades, tracking systems that utilize this technology only first existed not so long ago. Fleet supervision was more physical and manual, and drivers had to communicate with dispatchers. That was costly due to the communication infrastructure needed, but is hardly the case now.
The good thing with GPS tracking is that companies don’t always have to invest in costly communication. GPS tracking systems have offered much-needed relief, allowing companies to save on costs and plow it into other sectors that need more funding.
The Invention of GPS tracking systems has heralded an era of more efficiency in vehicle management, route optimization, and time-saving. Companies must now transition from manual vehicle check-ins, which can be costly and inefficient.
That means adopting GPS tracking systems that are more modern and accurate. This technology makes it much easier to stay ahead of the competition and increase profits, making companies more productive.