Telematics systems are becoming the lifeblood of commercial vehicle operations. If your fleet isn’t yet fitted with telematics technology, you’re business could be missing out on a variety of savings. Look at the checklist below and view the savings that your business can achieve with telematics by employing telematics technology.
1. Reduce your fuel costs and increase operational efficiency
The steadily rising cost of oil in recent years means that today, fuel is becoming more expensive than ever. Telematics equipment can give you a valuable way to understand the consumption of your vehicles and identify where you could streamline your journeys. This saves money for you and time for your drivers, minimising your costs and boosting performance in the process.
2. Enables you to plan more precisely
Another way you and your business can benefit from telematics is that it can keep schedules running smoothly, helping you co-ordinate your drivers with people on-site. By giving you an exact location, trajectory and accurate speed for your vehicles, you can map out timescales and plan more precisely with people at their destination, whether they’re your driver’s colleagues, or your business clients.
3. Optimise driving standards and monitor driver behaviour
When they’re out on the roads, your drivers are the public face of your company, and how they drive will reflect on your business as a whole. Telematics can provide a way for you monitor your vehicles journey, identifying poor driver behaviour and take the necessary steps to improve driving habits.
Telematics it’s not necessarily all about enforcement. Telematics can also help benefit drivers directly by providing them with feedback about their road behaviour, contributing to your company-wide safety culture. They can give you access to valuable information for the delivery of on-going training programmes, or personal development goals, tailored to your individual drivers.
4. Assist with preventative maintenance
Telematics systems can enable you to not just to monitor your drivers, but on the condition of your vehicles as well. With the right telematics solution, the technology can proactively raise any service, maintenance and repair (SMR) issues and recommend action. With unrivalled vehicle insight, it can raise alerts and advise on issues in advance, even predicting a problem before it occurs to avoid unnecessary vehicle damage or downtime. Furthermore, by understanding vehicle location and utilisation requirements, organisations can use telematics to schedule more efficient servicing.
5. Improve safety and security for vehicles and employees
Although hopefully a secondary concern, telematics products can also serve useful purposes in terms of security. By giving you the means to track your vehicles in real time down to an exact location, you can help to combat theft and increase the chances of recovering your vehicle and cargo in the unfortunate event of theft or vandalism.
6. Increase Corporate Social Responsibility
Technically, this last advantage is more of an added bonus rather than a key benefit in itself, but reducing fuel emissions using telematics can also help minimise environmental impact, driving down harmful emissions and increasing your green credentials within the public domain.
7. Go paperless with data
By implementing telematics you can say good-bye to paper and digitise processes and drive workflows by data. It enables you to see your fleet in real time, 24/7 365 from anywhere in the world with notifications of anything that is considered out of ordinary and subject to your account setup.
8. Ensuring the safety of employees
Telematics can assist with line worker policies. Where social distancing is required or single crew vehicles, telematics can be a significant safety tool providing peace of mind for employers and employee safety.
9. Telematics and ROI
The combination of savings delivered by telematics, including improved fuel management and streamlined processes delivered by data ensures that ROI on a telematics investment can be achieved in as little as three months.