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GPS Fleet Tracking and Overhead Costs
Posted on 07/11/2012 by Ashley Jones | 0 Comments
In a recent Automotive Fleet article, “Fleet’s Brave New World: Managing Fuel, Maintenance and Telematics,” the article points out the landscape in the fleet management space is influenced largely in part to three trends – fuel volatility , the adoption of telematics and maintenance costs.
For any service or distribution business that has survived the recession, the volatility of fuel prices is not news. Automotive Resources International (ARI) notes the days of consistent fuel prices are gone for fleets. And largely out of a fleet manger’s hands. The use of telematics, or GPS fleet tracking solutions, can help control the otherwise uncontrollable expense by monitoring vehicle idle time, driver speeds and overall maintenance of the vehicle.
Important to note that while maintenance is a significant cost to fleet operations, the article points out that top cost categories change throughout the life of the vehicle – for instance, tires and preventive maintenance are high-cost items for new vehicles, but by year five and beyond, it’s engine maintenance and preventive maintenance. Again, a fleet tracking solution can help by automating your vehicle maintenance schedules, ensuring prolonged vehicle life and higher remarket value.
GPS fleet tracking solutions are not “one size fits all.” While they can help you dramatically reduce fuel and maintenance costs while improved fleet productivity, finding a solution that works for your specific fleet operations should involve research.