How Fleet Tracking Software Reduces Cost-Per-Mile
Investing in technology that reduces cost-per-mile can benefit a business in many ways. With telematics data on vehicle performance, driver behaviour and other key metrics, fleet managers can reduce costs through data-driven decision-making.
Reducing Idle Time
Idle time is one of the largest contributors to fuel waste as well as engine wear. With fleet tracking software, managers can monitor vehicles in real-time to identify instances of excessive idling. This makes it easier to enforce anti-idling policies while increasing fuel efficiency and extending vehicle life.
Another key way to reduce fuel consumption is through route planning. With fleet tracking software, this process is much more efficient. With access to real-time information, fleet managers can help drivers avoid potential delays that increase time on the road. Additionally, larger fleets with dispatch teams can provide more efficient job assignments by assigning tasks to the nearest drivers, resulting in fewer miles being traveled.
Excessive driver speeds can result in higher fuel consumption and increased maintenance costs. Speeding is also a safety concern, and legal penalties and insurance claims may result from traffic tickets and vehicle accidents.
Fleet tracking software provides operations managers with vehicle speed alerts that identify unsafe driving habits. Further, driver scorecards can be used to quickly identify and address concerning trends within the fleet by providing additional training or coaching opportunities as needed.
Preventative Maintenance Scheduling
Fleet maintenance management plays a key role in ensuring vehicles stay on the road and out of the repair shop . Tracking software can monitor vehicle performance to identify small problems so they are addressed before they become major issues.
Additionally, preventative scheduling helps to ensure all vehicles receive regular maintenance on set intervals based on manufacturer recommendations, engine hours or miles traveled. This reduces unexpected repair costs, minimizes vehicle downtime and ensures your vehicles are running efficiently.
Case Study: Griffin Waste Services
The benefits of fleet management software can quickly be seen after implementation. Griffin Waste Services, a waste hauling company based out of Nashville, Tennessee, used Teletrac Navman’s fleet management products and services to retool their business operations. As a result, they’ve saved thousands of dollars per year.
Notable areas of improvement include:
- A reduction in downtime
- Fuel and maintenance savings
- Elimination of payroll disputes
- Optimised customer service
You can find a full breakdown of Griffin Waste Services’ experiences with Teletrac Navman here.