Reduce Cost of Operations with GPS Tracking Software

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Every business across industry and globally is
looking for ways to reduce their cost of
operation. Especially for businesses dealing with
logistics and fleet, they are constantly battling
rising fuel prices. They are also struggling with
the lack of visibility of the drivers and
vehicle's actions. But with the help of GPS
tracking software, managers can successfully
reduce their cost of operations. GPS tracking
software allows managers to be in sync with the
drivers and vehicles activities in real time.
And having efficient GPS tracking software in
place will allow managers to track and provide
the data and insights required to optimise fleet
trips and operations. What is GPS Tracking
Software? GPS tracking software is a dire
necessity and integral to daily functioning in
2023. Most might consider GPS tracking just for
tracking vehicles or assets. But the
functionality of GPS tracking goes way beyond.
The GPS tracking software comes with a whole lot
of solutions and features that will allow
managers to manage, track and optimise their
fleet operations effectively. Solutions like
route planning and management solution, sim based
tracking, video telematics, and analytical
reports are great ways to manage fleet
trips. Ways in Which GPS Tracking is Helping
You Reduce Operational Cost? With the help of GPS
tracking solutions, managers can easily improve
their fleet operations and reduce excess costs
like fuel consumption and accident repairs. All
this makes investing in GPS tracking software
even more necessary. Reduce Fuel Consumption GPS
tracking allows you to monitor vehicle speed, the
severity of acceleration and de- acceleration and
the amount of idling done by the drivers or the
time spent crawling in the traffic. All this
helps to assemble the puzzle as to why this trip
had a higher fuel consumption. The average
operating cost per truck is about 1.82 per mile,
and fuel makes up over 60 of a fleets operating
cost. Prevent Driver Overtime In the case of
productivity, employee overtime is a good thing.
But in the case of efficiency, it's proven that
drivers or employees are most productive only for
40 hours a week. So when drivers
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• decide to do overtime, chances are they will not
  be that attentive and might cause accidents. This
  will only cost you more money.
• But with GPS tracking software, there is
  absolutely no need for your drivers to do
  overtime. This is because the software suggests
  you the most efficient routes. This way, drivers
  can make deliveries on time and don't have to do
  overtime.
• Increase Employee Productivity
• For drivers to make extra stops, managers must
  plan their routes optimally. This will reduce the
  chances of going on unleveled roads or unsuitable
  paths, which could be difficult to manoeuvre and
  time-consuming. Due to this, the drivers will not
  only be delivered on time but also have the time
  to make extra stops.
• Avoid Harmful Practices
• Whenever drivers indulge in rash driving
  practices like hard cornering, acceleration,
• deceleration, braking, etc. They not only use
  more fuel but also speed up the vehicles rate of
  wear and tear.
• But with the help of GPS tracking solutions like
  driver behaviour and video telematics software,
  managers can differentiate bad drivers from good
  ones. They can also monitor driving skills and
  activities visually with the help of AI-enabled
  dashcams.
• Receive Lower Insurance Rates
• Insurance companies are well aware that your
  fleet uses a GPS tracking system, which reduces
  the chances of getting into an accident.
• By this method, your business will be able to get
  discounted premiums. And the best part is that
  your fleet insurance will likely drop further.
  This is because safer driving and well maintained
  vehicle translates to fewer insurance claims.

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• Top 10 White Label GPS Tracking Platforms 2023
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• Why GPS Truck Tracking is a Must-have For Fleet
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• How Can GPS Tracking Improve Your Last-mile
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• Using GPS Tracking in Transportation Logistics
  Industry