“I find Vehicle Tracking system to be investment heavy”, “Vehicle Tracking sounds too complex to me”, “I am
worried about my capital expenditure” – Is this any of you?
If yes, then you need to stop and
think again!
Prices of Vehicle Tracking
systems, these days, have gone all-time low. The market is flooded with these kind
of systems, so you have a whole array to search from. The fierce competition
among companies provides customers with not only cutting edge systems but also
competitive prices. Moreover, once you will seriously evaluate the benefits of
vehicle tracking, you would understand that returns on investment are much
higher as compared to investment cost.
Although vehicle tracking systems
extend benefits both, monetary and non-monetary but, in this article we’ll
focus on only monetary ones.
MINIMIZED OPERATING
COST:
One of the most apparent benefits
is the decreased operating cost of the fleet. These systems can help you track
employees who drive too fast costing you excessive fuel usage, implying
an adverse effect on your vehicle’s health, and
shooting up your insurance premium.
Drivers might be enjoying long
breaks during working hours. With these, you can pinpoint on those long breaks, eventually converting idle time into work time.
Not only this, you can cross
check whether the vehicle is being used for official purpose or some personal
things by the driver. A driver might be taking his wife for shopping or
dropping his friend to railway station but, not any more. These systems help
you to put a halt onunauthorized use.
Telephone bills
would also decrease drastically as tracking of vehicles would be done online
rather than by calling each driver. Also, time spend in calling could be better
utilized in doing something more fruitful.
Calculating number of working hours is a child’s play
using these systems, hence Overtime claimsis likely
to witness setback once you decide to go for these systems.
Vehicle tracking systems not only
prevent things as discussed above, but also empowers you to convey the best route to the driver, which is the shortest or not that
much bumpy or have lesser number of traffic lights.
All such things would minimize
the running cost and maximize the returns.
CUSTOMER SATISFACTION:
One of the ways for businesses toattain
more satisfaction on the part of customers is by proving them with accurate
estimates of delivery schedule. If a customer is waiting for a particular
medicine, for example, then the concerned person can check and convey the time
when thesaid medicine would be available at the store. Using tracking, you can
answer this in few seconds.
Another significant example,
could be of a Cab Service Company, wherein tracking systems could be used to deploy
vehicles nearest to customer site,reducing customer’s waiting time and
inflating customer satisfaction.
Also, the company can act
pro-actively by informing the customer in advance, whenever cab is running
behind the schedule. Not to mention that gradually better services would lead
to more number of customers which means more returnsin the long run.
PROTECTION OF
EMPLOYEES AND VEHICLES:
In the event of some misshapening,
knowing the exact location of the vehicle is of great help in sending the
emergency team to the accurate spot. Similarly, if vehicle crashes in some
deserted area, it is easier to send help quickly rather than wasting time in
locating it.
In case of theft, which is rare
if vehicle is mounted with such systems, recovery too becomes easier knowing
its exact location on the map.
Either it is prevention of theft
of your asset (vehicle) or ensuring the wellness of your employee, both can be
directly converted into monetary numbers as they are directly proportional to
number of working hours.
INCREASED PRODUCTIVITY:
It is human nature that if
someone knows that he is being observed, he tends to behave in a way as
expected. Same implies to drivers. Knowing, tracking systems are installed,
they tend to drive safely and adhere to proper schedules leading to vehicle
safety and increased productivity.
It is significant to quote here
“Knowledge is true power”. To run your business more efficiently and get higher
returns on investment, you need to get the real picture of what is happening.
Where are your vehicles and how they are being driven, will help you find ways
to make the real savings.
