How Does GPS Fleet Tracking Help The Company To Save Money

Abhimanyu Kucheria
Team Manifest
Published in
2 min readSep 5, 2018

GPS is one of the most innovative technological discovery which is used around the globe. GPS was primarily used for navigation purposes but nowadays it’s also being used by big companies to make their business more efficient. GPS has always helped us in navigation, but it is not only limited to that, it’s being used everywhere around without us being aware of it, especially GPS Fleet Tracking

Multiple cars being tracked

Businesses have started using GPS technology in various sectors as it helps them to increase their productivity and efficiency. GPS also ensures the safety of the product which is of utmost importance to the customer. Most of the Businesses use GPS Technology in logistics system nowadays, therefore GPS Fleet Tracking has attracted a lot of huge companies and has been a great advantage to them.

GPS Fleet Tracking System has helped the company to improve their customer service and also increase productivity by saving money. Based on recent studies, companies have adopted GPS technology as it is a sure shot way of saving money.

Below are 5 reasons which help the businesses to save money using GPS Fleet Tracking System

1.Reduce Fuel Cost

Using GPS , drivers are being monitored so that they don’t sneak around and follow the shortest path to the destination as guided by the system thereby help company reduce fuel cost.

GPS Fleet Solutions also ensures behavioural driving which helps them improve work productivity. Drivers are also trained to drive at the certain optimal speed limit to maximize fuel efficiency.

2.Reducing Maintenance Cost

By doing regular diagnostics on vehicles and keeping a closer eye on their specifications maintenance cost can be reduced.

It monitors divers constantly so that they don’t idle around and would prevent them from unauthorized use of company’s vehicle.

3.Theft and loss prevention

Theft and loss prevention by tracking valuable assets. You can locate stolen vehicles in no time. Various GPS tracking devices are also being installed on valuable items to track them precisely.

4.Reduce Insurance Cost

As Insurance companies nowadays provide special discounts on vehicles that are equipped with GPS Tracking System. Insurance premium can be of a significant cost. GPS enabled vehicle system has lower risk of accident translating to lower insurance.

5.Reduce Labour Cost

This system provides various tools to examine the movement of drivers. By increasing the efficiency of vehicles and eliminating certain drivers can reduce your labour cost.

Conclusion

GPS Fleet tracking eliminates several factors that affect an otherwise labour-centric fleet tracking system. The factors that have been taken care of by GPS are:

  • Fuel
  • Security
  • Maintenance
  • Insurance
  • Labour

Eliminating these factors ensure huge savings and ultimately boost the company’s profits while taking care of customer satisfaction.

Link: Transport Tracker

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Abhimanyu Kucheria
Team Manifest

I enjoy building things. Teams, products, software, you name it. Taking initiatives from 0 to 1 is where I truly thrive. Building software to help investors.