In the world of fleet management, telematics data and tracking has helped improve productivity and safety amongst fleet companies. With each vehicle being tracked through their GPS system, fleet managers can identify patterns and find new ways to make savings and increase efficiency in their company.
Fleet management vehicle tracking can really help a business improve productivity in a number of ways. it could also be worth looking into small fleet insurance cover.
Recording driver behaviour
Telematics data not only tracks where a driver is going through the GPS system, but also records the speed, braking, acceleration and other factors of driving. It monitors driver behaviour and then uploads all of the data to a central system.
With this data, fleet managers can come up with solutions to help improve driver behaviours such as driving at the speed limits. Not only that but businesses create driver scorecards to monitor performance and can use technology to create alerts to notify drivers when there are driving above the speed limit or driving in a way that impacts their safety.
All of this can help to identify patterns of driving per driver, create a safer workforce and help to reduce risks and accidents. Not only can this help to lower the cost of fuel, but also can help lower the cost of motor fleet insurance as you can show your insurance provider the details of driver behaviour.
Longer fleet vehicle lives
Tracking your fleet can help to understand which vehicles aren’t performing as effectively as they should or are in need of some maintenance at the garage. It can help to identify mechanical issues such as breakdown, repairs and engine diagnostics, and also help to keep track of routine maintenance such as vehicle servicing or an MOT. By tracking your vehicle data you can ensure you have a healthier fleet with a longer lifespan of each vehicle.
By ensuring your fleet is healthy and well looked after, you can save money and enhance productivity because your vehicles will be performing better overall for a longer period of time. It can also help to spot any repairs early before any damage becomes irreparable or expensive. Saving the company a lot of expense and time wasted.
One of the best things about vehicle tracking is the collection of data which can enhance productivity. All data links back to one central hub, which means it’s easier to collate all data and analyse it. Comparisons can be made between vehicles, drivers and different routes taken.
When you have access to these data streams, you can monitor patterns and make improvements. These improvements can be anything from time management to maintenance or as mentioned previously, driver behaviour. Through analysing patterns and different scenarios, fleet managers can streamline their operations for a more efficient and productive team.
Along with monitoring driver behaviour and saving money on fuel, tracking data can also help to manage and record start and finish times. This type of tracking can monitor how long staff members take breaks for and how much lost time could be avoided to increase productivity.
If staff are aware that their time schedules are being monitored, they are less likely to take longer breaks, arrive late or leave early from a shift. That way, you can make sure that all your labour costs are being utilised towards business productivity and not being wasted.
Tracking your fleet can help to optimise the best routes for your vehicles to go. It can help to split jobs out to get the most efficient routes, build smart routes to avoid traffic and map out routes for more deliveries within a certain timeframe.
Not only does this increase productivity but it saves the company a lot of unnecessary time and money. Tracking can help determine which routes are more congested and possibly help to find alternative ways. It can also help to communicate with customers and keep them in the loop so that they are aware when their package would be delivered.
GPS tracking and telematics have changed the operations of fleet management firms tenfold. It can really help them to understand their business and make improvements to help cut costs, maximise performance and build on profits.
Reduce Overall Insurance Costs
One of the biggest variable overheads that, as a fleet manger, you have control over is the cost of fleet insurance. Courier drivers, especially van couriers drivers, are under pressure to delivery multiple items in a fixed time period, which can increase the risk of accidents.
Telemetric devices, that gather driving data, can help identify driving habits that if left unchecked can lead to accidents. This information can be used proactively to provide additional driver training to reduce fleet accidents and thus overall insurance costs.
In summary, a significant reduction in fleet insurance costs can be achieved by using fleet management software in combination with telemetric devices. This valuable information can be used to take proactive actions to keep your fleet insurance from rising. The end result over time will be savings on your multi van insurance premiums and a company that benefits from lower van fleet insurance cost than its competitors.