February 23, 2012
By James Neely
Fuel costs are not as high as they were a year ago, however, that does not mean that fuel conservation efforts are a waste of time. In the overall scheme of lowering business costs, this is one area that in the past has not had a lot of oversight since fuel prices were so inexpensive.
Slower speeds reduce fuel consumption
There are benefits in installing and using these devices in your business because they will save money on fuel, and in other ways, too. Here are the most important ones.
Promotes Safe Driving. With instant, real-time tracking you have monitoring during all trips. The ability to be able to validate job duties and functions of personnel who use company vehicles is invaluable. Those employees who realize that they are being monitored are much more inclined to obey traffic laws and company regulations. What this means to your business is a safer employee and protection of your assets.
Reduction in Moving Violations. What would be better than having a speed gun pointed at your company vehicles all day every day? Now you can with a GPS car tracking system. Talk about making sure drivers obey the speed limits! This also has the added benefit of accident prevention and reduction. Fewer occurrences of moving violations translates to a reduction in tickets which keeps costs down as well. This means that your employees will require less oversight and therefore staff turnover will go down which also saves money on the hiring and training processes within your business.
Evidence of compliance. If your business depends on the timely delivery of goods then you will appreciate the ability to confirm departure, arrival and delivery times with a high degree of accuracy. Plus, should there be any question with regard to performance, logs can be generated which can validate your activities.
Premiums go down. You cannot be without insurance in your business, but you can strive to cut the cost by implementing a GPS Tracking system on your vehicles. Insurance companies reward those businesses that make the effort to monitor their vehicles at all times. They win with lower claims and you are rewarded with lower premiums while profitability for both goes up. It is a true win-win situation.
When viewing all of the benefits of one of these systems, the only remaining question is “when will you outfit your fleet with them?” It is an investment that you will not regret.