TrackQlik#1 Tracking Software in Madrid Spain helps in reducing the cost of vehicles with this knowledge and the use of our telematics program, fleet managers can improve profitability by monitoring driver behavior and proactively coaching drivers. To quantify these savings, the Fleet Savings Summary Report uses a proprietary safety-scoring algorithm to determine the existing and potential savings for a fleet. Using the Fleet Savings Summary Reports proprietary productivity-based scoring algorithm, this increase in workforce productivity translates into productivity-related savings. To maximize these savings, fleet managers must limit their fleets idle labor, which is approximated using vehicle idle hours per trip.
TrackQlik#1 Tracking Software in Madrid Spain
Controlling Runaway Fuel Cost Savings
Managing fuel costs can be complicated and involve a number of variables, including fluctuating gas prices and inconsistent driver behavior. Delivery Software in Madrid Spain, fuel is one of the largest expenses. Market research has shown that the effective use of telematics has an effect on fuel cost savings. Driver coaching is instrumental in achieving these cost reductions. Therefore, getting drivers to slow down and observe the speed limit translates into saved money. Tracking Software in Madrid Spain uses a proprietary fuel-scoring algorithm to determine a fleet’s existing and potential fuel-related savings. In doing so, driver speeding incidents and idle time were found to be the largest contributor to fuel waste, which resulted in fuel-related savings.
Reducing Planned and Unplanned Repair and Maintenance
We all know that Tracking Software in Madrid Spain is a regular part of owning a vehicle, but additional repairs due to aggressive driving and vehicle misuses are an unnecessary cost to a fleet. Particularly, harsh acceleration, harsh cornering, and harsh braking cause harmful wear and tear on critical vehicle components.
The results materialize as reduced tire life, reduced brake life, more frequent scheduled maintenance, and more frequent non- scheduled maintenance and repair. In fact, these non-scheduled maintenance interruptions can result in lost profits of between in addition to the cost of repairs.
The Organization for Economic Co-operation and Development reports that telematics technology can help a company reduce maintenance and repair costs. Because much of these savings are tied to driver behavior, using Tracking Software in Madrid Spain tools and in-cab alerts are the best way to minimize unnecessary wear and tear on your fleet vehicles. By managing the aggressive driving behaviors, fleet managers can minimize their maintenance repair costs, in turn, generate savings reflected in the Fleet Savings Summary Report in the Maintenance section.
Increasing Work Efficiency And Productivity
Driver compensation is often a large portion of fleets operating budget. That being said, labor can be very expensive for fleet managers. Among the many ways to calculate labor productivity, vehicle idle time is an important metric. Even though idle time only captures a component of employee productivity, it is the only metric that the Fleet Savings Summary Report utilizes for its productivity-based scoring algorithm at this time. GPS Tracking in Madrid Spain suggests that telematics can increase workforce productivity and reduce labor costs. This allows companies to make more customer stops and cut out unproductive mileage. The net effect is higher revenues and lower costs.
I know about Tracking Software in Madrid, Spain. We said this was going to be a 4-part series but there is so much great information to offer that we have added apart. In the next series, we will discuss how to proactively manage driver behavior.
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