At its core, fleet management is the optimization of risks, costs, and efficiencies that contribute to a business or organization’s fleet operations. This administrative function frequently involves the use of fleet tracking software, GPS tracking devices, and telematics to perform its variety of responsibilities, including the following.
The overarching goal of fleet management solutions is to help fleet managers remotely track and monitor their fleets to make operations more efficient, reduce overhead costs, increase profitability, and provide better customer service.
Some GPS fleet tracking software options are versatile. For example, fleet managers can choose to purchase stand-alone fleet management software or use Rastrac’s internet server application. With an interface that can be customized and labeled for each specific client, this solution makes it tailor fit to meet the needs of virtually any organization.
GPS trackers come in a variety of shapes, sizes, capabilities and power types. Some GPS tracking devices are large and hard wire into a vehicle or another large asset. Others, like the RastracGo portable tracking device, are small and can simply attach to or be placed inside a small asset. RastracGo can even be used to track small packages.
A fleet manager needs to consider many variables when choosing a fleet management system. Some of these considerations include:
GPS fleet management is a valuable capability for fleet managers in a variety of industries, including those who work for businesses (such as executive fleets, cargo transportation, trash compaction), government, law enforcement, and public safety.
Fleet management solutions help fleet managers identify and address costly driver habits, such as leaving engines idling for extended periods. This results in unnecessary fuel usage and wear and tear on the engine. According to Ford Motor Company, engine idle time is more costly than many fleet managers may realize: “For every hour that the vehicle idles, it has accumulated the equivalent of approximately 33 miles (53 km) of driving.”
Designed using a customizable application program interface (API), Rastrac’s fleet management software dashboard helps fleet managers stay up-to-date on their operations. Users can view key metrics and data on vehicles and drivers in a glance, as well as set reports to generate automatically.
A fleet management system is a significant investment for many businesses and organizations. Some organizations may choose to use capital expenses (CapEx) funds to purchase a considerable one-time expense. Other fleet managers may elect to use operational expense (OpEx) budget to instead make it part of their annual operating budget. No matter whether you choose to use CapEx or OpEx, an investment in an agile fleet management system is a win for your organization.
With Rastrac’s new ROI Calculator, we can take the guesswork out of the equation. Our project consultants can help fleet managers and owners calculate their expected return on investment (ROI) when they purchase fleet management solutions.
Just a few of the parameters the calculator considers include:
We have industry-specific resources that can help you understand how Rastrac’s cost-effective GPS fleet management solutions can help to make your operations more efficient. Choose from the list below to learn more about your specific industry.
Have a question about fleet management solutions? Rastrac’s team of fleet management and asset tracking experts are here to help. Complete the form on this page, and one of our project consultants will be in touch.
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