Every business owner is aware that managing a fleet of business vehicles isn’t a walk in the park. It requires much more than just daily maintenance and cost-saving practices to ensure your bank account is not draining with time. Some business owners ignore that fleet maintenance cost outweighs the purchase cost. Popularly there are 4 types of fleet maintenance costs that one needs to keep in mind when managing a fleet of business vehicles: Asset depreciation, capital, revenue and compliance & licenses. In order to offer prompt service while halting your operations to churn out smaller profit, one needs to keep in check the maintenance costs and rapidly depleting value of the fleet.
Well, the good news is that a Fleet management system and vehicle tracking system can aid your business in growth by streamlining and reducing your maintenance cost. Let’s see how a vehicle tracking system can offer lower maintenance costs and enhanced ROI for your fleet of business vehicles.
Reduce Maintenance Costs and Protect Your Fleet with Fleet Management System
1. Track Driver’s Behaviour to Reduce Vehicle Wear and Tear
Commonly fleet management because of an arduous and costly process due to driver’s driving behaviour. To halt it, businesses handling fleets have integrated fleet management systems to track their driver’s behaviour with the vehicle while driving.
It captures extensive idling, forceful braking, speeding and rash driving. As soon as the driver speeds up or wanders around taking a detour from the original route, the owners get a notification helping them to keep the driver’s behaviour in check.
Most owners managing business vehicles are using the fleet management system to reduce the chances of vehicles' early wear and tear.
2. Enhance Driver’s Route to Enhance Fuel Efficiency
Excessive fuel usage and high-traffic areas are common reasons for your vehicles to leverage more fuel than required for a trip. To ensure that drivers use minimum fuel during a trip, owners install Fuel monitoring systems that not only track how much fuel is required to reach a particular destination but also ensure there is no fuel theft on the go.
In addition to that, the fleet management system offers the perfect route to reach the destination. It considers low-traffic areas, weather conditions and the shortest route that can be used by drivers to reach the destination within time. All of this allows your vehicle to use less fuel reducing the overall maintenance cost.
3. Follow a Preventive Maintenance Plan with Fleet Management System
One can prepare and plan for vehicle maintenance intervals with fleet management systems to allow the vehicles to operate effortlessly on the route. The fleet management system indicates owners of the maintenance of vehicles timely allowing the company to streamline its maintenance on time without affecting the regular operations. The fleet management system enables the owners to reduce the maintenance cost of the business vehicles by half by indicating the regular maintenance requirement timely. This reduces the sudden maintenance cost.
4. Leverage Fleet Management Systems to Track your Vehicle
Fleet management systems track your vehicles by integrating them into your fleets’ GPS software. It tracks the vehicle's fuel, temperature, route, driver’s behaviour and extensive idling. It allows you to track your business vehicle to reduce the maintenance cost extensively.
Fuel management systems also offer gps temperature monitoring devices allowing you to safely carry temperature and climate-sensitive products. The temperature monitoring devices track the temperature of the container enabling products to reach their destination without going bad.
There are several ways to reduce the total maintenance cost of your business vehicles annually. Fleet management systems have changed the way fleet owners used to run their businesses, i.e., mainly on estimation and driver knowledge. Vehicle tracking systems have turned the face of fleet management and vehicle tracking seamlessly.