Thanks to geolocation, a fleet manager can act on costs that represent 40% of the TCO (total cost of ownership) of a professional vehicle. Demonstration.
These costs include fuel consumption, maintenance, repairs, insurance premiums, tire wear, and claims. According to ERCG, they represent about 40% of the TCO of a professional vehicle.
In its most basic version, vehicle tracking allows you to tell who is where, and at what time. You then use this information. With more sophisticated tools, it can make the calculation of travel times more reliable, countdown working hours, allow fuel savings, detect dangerous lines, tell you when your vehicles have to go overhaul.
A high-performance GPS fleet monitoring system offers customized dashboards and configurable alerts. The data you need is at your disposal. You are warned of the most important events live, which saves you time. And time is money.
Driver behavior, a source of lasting savings
They vary, up or down, depending on how the driver uses his vehicle. A prudent driver consumes less, uses his vehicle less quickly, and is less involved in accidents. It generates recurring savings for his business, even more than negotiating the purchase price of vehicles.
How to monitor and measure driver behavior? Thanks to vehicle tracking, which complement other levers such as the provision of a fuel card, training in eco-driving or the prevention of road hazards.
Geotagging for safe and cost
Advanced geolocation systems indicate whether drivers accelerate or brake suddenly, take turns at high speeds, adhere to the employer’s speed guidelines, Stopped engine on. And of course, a driver who knows “traced” adapts his road behavior.
Several economies are resulting:
Fuel consumption lower
Reduced tire wear
General wear slower vehicle under heavy repairs
Lower number of accidents, better controlled insurance premiums.
In support of this analysis, the vehicle tracking system customers estimate the return on investment of their geolocation system to a week! Beyond that, they save money, especially on their vehicles. And the TCO decreases.
Geotagging, to better plan the maintenance
The maintenance, let us remember, is 10% of the TCO of a professional vehicle.
With geolocation, no need to read the meters to know the mileage of the vehicles. Periodic visits are easy to plan, resulting in reduced administrative work. And they take place at the optimum moment: the risk of overconsumption and heavy failures that accompanies late revisions is reduced.
Geo-locate to reduce mileage and travel times
Geolocation indicates instantaneously the vehicle closest to the point of intervention to be reached and the fastest route to get there in view of the traffic of the moment. More unnecessary detours, more time lost in the plugs!
At the same service to the customer, each vehicle will run for less time and more efficiently: its TCO is reduced accordingly.
On the scale of a complete fleet, we can even imagine that this reasoned use of vehicles allows them to renew them less often. A further decline is in the cost of financing and depreciation of vehicles, two of which represent a total of 40% of the TCO.