How Strategic Investments are Shaping the Vehicle Tracking Industry

Investing in a vehicle tracking company has become an increasingly popular strategy and come a long way in recent years, transforming the way businesses manage their fleets and assets. With the rise of technology, more and more businesses are turning to vehicle tracking solutions to optimize their operations, improve safety, and reduce costs. With the increasing demand for efficient and cost-effective solutions, investing in a vehicle tracking company has become an attractive strategy for many investors. But what exactly is vehicle tracking, and why is it such a compelling investment opportunity? Read on to get answers to these questions.

What is vehicle tracking technology?

Vehicle tracking technology uses GPS, cellular, and wireless communication to track vehicles in real-time using small trackers installed in the vehicles. It allows fleet operators to monitor their vehicles’ location, performance, and status, optimizing their operations, improving safety, reducing costs, and enhancing customer service. Vehicle tracking companies provide GPS tracking, telematics, and mobile applications, allowing businesses to track their fleets and assets with ease. Advanced analytics can also identify unsafe driving behaviors, reduce accidents, fines, and litigation, while optimizing operations can increase profitability and competitiveness. Finally, vehicle tracking technology can improve customer service by providing accurate and timely information on the location and status of shipments.

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This blog aims to comprehensively explain the key players and notable investments made to date, the reasons why vehicle tracking company investments are potentially successful investment opportunities. It also aims to inform readers of the potential benefits and risks of investing in this field, as well as the factors to consider when evaluating investment opportunities. So, let’s dive into the exciting world of vehicle tracking company investments!

Read Also: How Much Does Fleet Management System Cost?

Top Reasons Why Vehicle Tracking Companies are a winning Investment Opportunity:

In 2022, the global vehicle tracking systems market size was $17.27 billion, and it grew to $20.78 billion in 2023, indicating a CAGR of 20.3%.

Investing in the global vehicle tracking systems market is a good opportunity due to its significant growth, with an expected CAGR of 16.9% by 2027 to reach $38.75 billion.

The increasing demand for efficient and cost-effective solutions, optimizing operations, improving safety, and enhancing customer service are the key driving factors for this growth. Investors can potentially benefit from investing in companies that provide advanced telematics solutions, autonomous vehicle tracking, blockchain-based tracking systems, and IoT sensors, among other innovative technologies that have the potential to revolutionize the industry and provide significant benefits to businesses and consumers alike.

Some of the most strategic investments in vehicle tracking companies are likely to be those made in companies that offer advanced telematics solutions that can provide real-time data on vehicle location, driver behavior, fuel consumption, and other critical metrics. Companies that use AI and machine learning to analyze this data and provide actionable insights to customers may also be particularly attractive to investors.

Additionally, investments in companies that focus on developing innovative technologies such as autonomous vehicle tracking, blockchain-based tracking systems, and Internet of Things (IoT) sensors may also be considered strategic due to their potential to revolutionize the industry and provide significant benefits to businesses and consumers alike.

Recent Strategic Investments in Vehicle Tracking Companies

1. Fleetx:-

In 2022, Fleet management platform Fleetx.io secured $19.4 million in a funding round led by Indiamart, with India Quotient and Beenext also participating. The startup plans to utilize the funds to improve its products, scale its business, and hire new talent.

Founded in 2017, Fleetx provides IoT and software-based products to help industries and fleet operators digitize their logistics operations, with claims that its platform can improve safety, efficiency, and sustainability of vehicles and operations. Key use cases include theft prevention, fuel savings, improved vendor performance, real-time visibility, and improved asset utilization.

2. Porter:-

Porter, a Mumbai-based logistics platform, raised $152 million in funding, including a $103 million Series E round led by Tiger Global in the fiscal year 2022. The company has also grown its scale four times in the last two fiscal years, while keeping a tight control on expenses. Porter’s full-stack logistics platform helps businesses optimize their last-mile delivery operations, with almost all of its operating revenue (99.6%) coming from goods transportation services, which increased 2.6 times to Rs 843.89 crore in FY22, according to its financial statement filed with the RoC.

Found in 2014, the platform provides end-to-end solutions for transportation, including booking, real-time tracking, and delivery management. Porter’s services are designed to be flexible and scalable, catering to the needs of both small and large businesses. The company leverages technology to optimize its operations and improve efficiency, while also providing a seamless experience for its customers.

Read Also: 31 Ways to Reduce Fleet Maintenance Costs

3. Onfleet:-

In June 2022, Onfleet raised $23 million in Series B funding led by Kayne Partners to accelerate technology innovation and expand its product capabilities. The total capital raised is now over $40 million, and Kayne Partner’s Robert Shilton joined Onfleet’s Board of Directors. In May 2021, Onfleet raised $14 million in Series A funding led by Kennet Partners, with participation from The Amazon Alexa Fund, Roundbreak Capital, and Haystack Ventures. The funds will be used to accelerate product innovation and scale operations to meet increasing demand.

Found in the year, 2012, the company has raised over $20 million in funding, and has seen significant growth in recent years, with its customer base expanding to include large enterprises such as Coca-Cola, Gap, and Imperfect Foods, among others. With the latest funding, Onfleet aims to further enhance its offerings and continue to provide best-in-class logistics solutions to its clients.

4. Samsara:-

In September 2021, Samsara, a San Francisco-based IoT solutions provider, raised $400 million in a Series F funding round led by Greenoaks, a global investment firm, taking the company’s total funding to over $930 million. In 2019, Samsara raised $100 million in a Series E funding round led by Dragoneer Investment Group. This investment was used to fuel Samsara’s rapid expansion into new markets and to continue innovating in the IoT space. This investment round was a key milestone in Samsara’s journey towards becoming a global leader in the IoT industry.

Samsara is a leader in providing IoT devices, cloud software, and artificial intelligence to the transportation, logistics, and industrial sectors. With its advanced technological solutions, Samsara has been helping companies increase operational efficiency, reduce costs, and enhance safety in their daily operations. The company aims to expand its presence in new markets and continue to grow its customer base globally. The new funds will also enable Samsara to hire new talent and enhance its customer support services.

Since its inception in the year 2015, Samsara, has been successful in attracting investments due to its impressive growth and the value it adds to its clients. It has raised over $930 million in funding and has over 20,000 customers worldwide. The latest funding round, led by Greenoaks, is a testament to Samsara’s potential to revolutionize the IoT industry and help companies optimize their operations and will allow Samsara to further invest in research and development to improve its products and services.

5. Vehicle Tracking Solutions (VTS):-

Vehicle Tracking Solutions (VTS), a technology company that helps fleet-driven organizations revolutionize their business decisions, secured a $70 million investment from LLR Partners in June 2021. The funding was raised for supporting the growth of IntelliShift, a division of VTS, by fueling innovation, expanding their reach in North America, and enhancing the customer experience for digitizing and transforming fleet and safety management. VTS, which was established in 2002 by CEO and President John Cunningham and his wife Karen, has a client-first approach and has continuously distinguished itself in telematics and fleet management.

The company’s connected fleet and safety operations solutions are used by over 3,000 customers, ranging from small emerging businesses to complex regulated organizations with thousands of vehicles and assets. IntelliShift, which utilizes VTS’s 20 years of IoT and telematics expertise, is disrupting how field-based workers in various operations roles view and take action on data through its cloud-based fleet and safety management platform with telematics and AI video capabilities. The platform’s goal is to predict and optimize business performance intelligently across departments.

Read Also: GPS Fleet Management & Asset Tracking Solutions

6. Motive:-

In March 2021, Motive (formerly KeepTruckin), a fleet management solutions provider, announced that it had raised $190 million in a Series E funding round, which was led by G2 Venture Partners and Greenoaks Capital. The funding round raised the company’s valuation to over $2 billion. Motive’s suite of products and services includes electronic logging devices (ELDs), GPS tracking, and driver safety solutions. The company’s software helps fleet managers to comply with regulations, increase efficiency, and reduce costs.

Previously, Motive raised $149 million in Series D funding led by Greenoaks on June 4, 2019. The funding round also included participation from existing investors such as GV, Index Ventures, and IVP. Found in 2013, Motive provides fleet management software that helps trucking companies manage their operations and compliance. With over 200000 customer worldwide, the company plans to use the funds to expand its product offerings and further penetrate the trucking industry.

The latest funding round will enable Motive to continue expanding its product offerings and invest in new technologies such as artificial intelligence and machine learning. The company will also focus on expanding its customer base and accelerating growth in international markets. Motive’s strong financial backing and continued investment in technology and growth are likely to solidify its position as a major player in the fleet management industry.

7. Geotab:-

In January 2021, Geotab, a global leader in telematics, announced its acquisition of Fleet Management Solutions (FMS), a leading provider of fleet management software and solutions. The deal was worth $1.7 billion, making it one of the largest acquisitions in the telematics industry to date. FMS offers a comprehensive range of services including vehicle tracking, fuel management, and driver performance monitoring.

With a reach of over 2 million subscribers across 130 countries, the acquisition of FMS is expected to strengthen Geotab’s position as a leader in the telematics industry, providing a more comprehensive suite of solutions for its customers. Geotab plans to integrate FMS’s software and solutions into its own platform, enabling customers to access a wider range of services and features. The acquisition is also expected to expand Geotab’s presence in key markets such as Europe, Asia, and Latin America. This strategic move by Geotab is likely to drive growth and innovation in the telematics industry for years to come.

8. Loconav:-

Loconav, a logistics tech startup, raised $37 million in a Series B funding round led by Sequoia India in November 2020. The investment round also saw participation from existing investors such as Honda, Sistema Asia, and ABB Technology Ventures. The company intends to utilize the funds to expand its sales and marketing efforts, develop new products, and expand its technology infrastructure.

Loconav provides a vehicle tracking and fleet management system that uses GPS technology to track vehicles and optimize fleet operations. The platform enables fleet managers to monitor vehicle location, fuel consumption, driver behavior, and vehicle maintenance. It also provides features such as real-time alerts, predictive maintenance, and driver performance analysis.

Established in 2015, the company has a strong presence in India, where it serves around 10,000 customers across various industries, including transportation, logistics, construction, and mining. With the new funding, Loconav aims to expand its operations globally and become a leading provider of vehicle tracking and fleet management solutions.

9. Teletrac:-

In June 2020, Teletrac Navman, a global provider of GPS tracking solutions for commercial fleets, announced that it had secured a $50 million investment from Fortive Corporation, a diversified industrial technology company. The investment was made through Fortive’s Advanced Instrumentation & Solutions (AIS) segment, which focuses on providing solutions for the transportation and logistics industries.

With over 40,000 customers, Teletrac Navman [established in 1988], has been in the fleet management industry for over 30 years and has a strong presence in North America, Europe, Asia-Pacific, and Africa. Its solutions include GPS tracking, driver safety monitoring, and compliance management.

The investment from Fortive was seen as a validation of Teletrac Navman’s position as a leader in the fleet management industry. The funds were expected to be used to further develop and enhance its technology and services, as well as to expand its market reach. The investment also allowed Teletrac Navman to explore new opportunities for growth and innovation in the increasingly competitive fleet management market.

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10. GPS Insight:-

GPS Insight, a leading provider of fleet management software for commercial and government fleets, announced on May 27, 2020, that it had raised $19 million in funding. The round was led by Bregal Sagemount, a New York-based private equity firm specializing in growth-oriented investments. The company was founded in 2004 by Robert Donat and has since grown to serve over 14,000 customers in North America. GPS Insight’s platform provides customers with real-time location and status data on their vehicles, enabling them to optimize routes, reduce fuel consumption, and improve safety.

The funding will enable GPS Insight to accelerate the development of its platform and expand its sales and marketing efforts. With the increased demand for fleet management solutions, GPS Insight aims to capitalize on the growing market opportunity by providing advanced technology solutions to its customers. The investment from Bregal Sagemount is a testament to the company’s growth potential and the value it provides to its customers.

11. FourKites:-

On October 28, 2020, FourKites, a Chicago-based real-time supply chain visibility platform, raised $100 million in a Series D funding round led by Thomas H. Lee Partners, a private equity firm. This funding round took the total amount raised by FourKites to $210.5 million.
Incepted in 2014, FourKites has been providing innovative solutions for supply chain visibility and logistics since 2014, and with this latest funding round, the company plans to further enhance its platform’s capabilities. The company’s cloud-based platform helps over 500 of its customers track and optimize shipments across various modes of transport, including air, ocean, and rail.

With the additional funding, FourKites plans to expand its global reach, accelerate product development, and invest in hiring new talent. FourKites aims to leverage the latest technologies such as machine learning and artificial intelligence to offer a seamless supply chain experience to its customers. This latest investment highlights the growing importance of real-time supply chain visibility and the potential of FourKites in the logistics industry.

Future of Fleet Management, Innovations & Challenges

The future of fleet management is both innovative and challenging. One of the biggest innovations impacting the industry is the adoption of electric vehicles. As companies begin to focus on reducing fuel consumption and making trips more fuel-efficient, electric vehicles will become increasingly important. However, this shift will also impact companies that have traditionally focused on optimizing fuel consumption in traditional vehicles.

Another challenge facing the industry is the use of telematics devices, such as GPS tracking. While these devices have been around for some time, they were built for one-way communication and 2G internet. As countries continue to move towards 4G and beyond, this technology will become increasingly outdated, posing challenges for those relying on it.

Fortunately, artificial intelligence (AI) offers potential solutions to these challenges. There are currently a number of AI solutions available that can help the industry. For example, AI can be used to optimize routes, manage maintenance schedules, and even predict breakdowns before they happen. Of the 10 companies listed previously, there are likely several that are already utilizing AI in their fleet management solutions. Overall, while there are certainly challenges ahead for the fleet management industry, there are also plenty of innovative solutions available to help overcome them.

Conclusion:

Vehicle tracking technology has indeed revolutionized the transportation industry by offering real-time tracking solutions that optimize operations, reduce costs, and improve safety. This has made investing in a vehicle tracking company an increasingly popular strategy for many investors. However, this field also carries potential risks that need to be considered before investing. One of the risks is the increasing competition among vehicle tracking companies. As the industry becomes more crowded, companies may find it difficult to stand out from the crowd and differentiate themselves from their competitors.

Another risk is the evolving technology landscape, which could render existing technology obsolete in a short period of time. Companies that fail to keep up with the latest technological advancements risk being left behind. The regulatory environment also presents a potential risk for vehicle tracking companies. As the industry becomes more regulated, companies may face increased scrutiny, and failure to comply with regulations could result in significant penalties.

Despite these risks, vehicle tracking companies also offer significant benefits to investors. These companies have experienced significant growth in recent years, with many large enterprises utilizing their services. Additionally, the increasing demand for efficient and cost-effective solutions in the transportation industry means that vehicle tracking companies are well-positioned for significant growth in the coming years. Investors need to carefully consider the company’s financial performance, market position, growth prospects, and competitive landscape before investing in a vehicle tracking company. Conducting due diligence and investing wisely can help mitigate the potential risks and reap the benefits of this growing industry.

Overall, vehicle tracking technology has brought a major transformation in the transportation industry, and investing in this field can be a compelling opportunity for those who are willing to take calculated risks.

Fleet Management Software for Small Businesses: How to Streamline Your Operations

Fleet management software is an invaluable tool for small businesses that need to manage complex fleets of vehicles. This software helps to streamline operations, improve efficiency and save time.

In this article, we will discuss what fleet management software is, reasons as o why it is useful for businesses, the benefits it provides to small businesses, the features to look for when selecting a software solution, tips for streamlining operations with fleet management software, best practices for implementing it, common challenges to be aware of and how to properly train employees to use fleet management software.

What is fleet management software?

 

Fleet management software is a type of software that helps businesses manage their fleets of vehicles. It can be used to track and manage the vehicles in a fleet, as well as their associated drivers, fuel usage, maintenance schedules, and other related information. Fleet management software can also be used to generate reports, alert managers to potential issues, and monitor performance.

The goal of fleet management software is to help businesses manage their fleets more effectively and efficiently, while also reducing costs. It can be used to track and monitor vehicles, create detailed reports, and streamline operations.

Read Also: How Much Does Fleet Management System Cost?

Reasons why fleet management software is a useful for businesses

Here are few reasons why you need a fleet management software, especially if you are a business that is still finding stability in the market:

  • Helps save time and money:- Manually managing your vehicle fleet can be a nightmare, especially when you are trying to manage every aspect of your business with a minimum number of people to aid. Plus the extra fuel spent if the routes are not well planned or if your vehicle fleet management is not up to the mark can add to the expenses as well as your time. That is where a fleet management software will be of great help. It will help you to efficiently plan the routes and manage your vehicle fleet.
  • Serve customers better:- A good fleet management software will help you to reach out to your customers and serve them in a better and faster manner. The real-time alerts and tracking features help you to keep yourselves updated about the vehicle fleet and you can even use the information to update your customers about the status of their service requests.
  • Have better control over your business:- Fleet management software helps you to ensure that the equipment or inventory – that you spent a lot of money on is being used efficiently. The alerts feature will help you when someone tries to misuse your vehicle feet or move equipment without proper permissions.
  • Receive insights:- With fleet management software, you will receive important insights into your business operations. This helps you to manage your business better by making decisions regarding optimizing the business, lowering the expenses and saving time.

 

Benefits of fleet management software for small businesses

 

One of the primary benefits of fleet management software for small businesses is that it can help to streamline operations. By using this type of software, businesses can track their vehicles in real-time, monitor fuel usage, monitor maintenance schedules, and easily generate reports. This can help businesses save time and money, as well as improve their overall efficiency.

Additionally, fleet management software can help businesses better manage their fleets. By tracking vehicles in real-time, businesses can be alerted to any potential issues or problems, as well as keep track of the location of their vehicles. This can help to ensure that vehicles are properly utilized and maintained.

Finally, fleet management software can also help businesses to better manage their drivers. By having access to detailed reports and analytics, businesses can ensure that their drivers are following safety protocols and are properly trained on the proper use of the vehicles.

Read Also: 31 Ways to Reduce Fleet Maintenance Costs

Features of fleet management software

When selecting a fleet management software solution, it is important to consider the features that it offers. Some of the most important features to look for include:

  • Real-time tracking

This allows businesses to track their vehicles in real-time, monitor fuel usage, and keep track of their location.

  • Driver management

This allows businesses to monitor and manage their drivers, ensuring that they are properly trained and following safety protocols.

  • Maintenance tracking

This allows businesses to track the maintenance schedules of their vehicles, ensuring that they are properly maintained.

  • Reporting and analytics

This allows businesses to generate detailed reports and analytics on their fleets, helping to identify any potential problems or issues.

Features of fleet management software

How to choose the best fleet management software for small businesses

When choosing a fleet management software solution, it is important to consider the features that it offers and how they can benefit your business. Additionally, it is important to consider the cost of the software and whether or not it is within your budget. You should also consider the ease of use, as well as the customer support that is offered by the vendor.

It is also important to consider the scalability of the software and whether or not it can easily be adapted as your business grows. Additionally, you should consider the security of the software, as well as the data storage options it offers. Finally, consider the integration capabilities of the software and whether or not it can integrate with your existing systems.

Tips for streamlining operations with fleet management software

Once you have chosen a fleet management software solution, there are a few tips that you can use to help streamline operations:

  • Automate tasks

Automating tasks can help to reduce manual labor and save time. For example, you can automate the tracking of vehicle maintenance schedules and fuel usage.

  • Monitor performance

Fleet management software can help you monitor the performance of your vehicles, drivers, and other related information. This can help you identify any potential problems or issues.

  • Track expenses

Fleet management software can help you track vehicle expenses, such as fuel usage and maintenance costs, so that you can better manage your budget.

  • Generate reports

Fleet management software can help you generate detailed reports, allowing you to better monitor your fleet and identify any potential problems or issues.

operations with fleet management software

Best practices for implementing fleet management software

When implementing fleet management software, it is important to keep up with the following best practices:

  • Plan ahead

Before implementing the software, it is important to plan ahead and create a timeline for the project. This will help to ensure that the project is completed on time and within budget.

  • Train employees

It is important to ensure that all employees who will be using the software are properly trained. This will ensure that they are able to use the software effectively and efficiently.

  • Monitor usage

Once the software is implemented, it is important to regularly monitor usage and look for any potential issues or problems. This will help to ensure that the software is running smoothly and efficiently.

  • Invest in support

Investing in customer support can help to ensure that any issues or problems are resolved quickly and efficiently.

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Common challenges when using fleet management software

When using fleet management software, there are a few common challenges that businesses should be aware of. The following are some of the challenges:

  • Data security

It is important to ensure that all data is secure and protected from unauthorized access.

  • Integration

It is important to ensure that the software integrates with your existing systems, such as accounting and payroll software.

  • Training

It is important to ensure that all employees who will be using the software are properly trained.

  • Scalability

As your business grows, it is important to ensure that the software can easily be scaled to meet your needs.

Read Also: GPS Fleet Management & Asset Tracking Solutions

How to properly train employees on fleet management software

Once you have selected a fleet management software solution, it is important to ensure that all employees who will be using the software are properly trained. This includes providing a thorough overview of the software and its features, as well as training on how to use the software effectively and efficiently. Additionally, it is important to provide ongoing training and support to ensure that employees are properly utilizing the software.

Fleet management software can be a valuable tool for small businesses that need to manage their fleets of vehicles. It can help to streamline operations, improve efficiency, and save time. When selecting fleet management software, it is important to consider the features that it offers, the cost, the scalability, the security, and the integration capabilities. Additionally, it is important to follow best practices when implementing the software, such as planning ahead and training employees. Finally, it is important to be aware of common challenges, such as data security and scalability.. With the right fleet management software, businesses can ensure that their fleets are properly managed and utilized.

Unlocking a World of Possibilities by Fleet Management Outsourcing

Managing a fleet of vehicles is no small task – it requires knowledge and expertise in a range of areas, from fleet management to cost-effectiveness. For many businesses, the costs and complexities associated with managing a fleet of vehicles are simply too much to bear. Fortunately, there is a solution – outsourcing your vehicle fleet services.

Outsourcing your vehicle fleet services can be a great way to free up time and resources for your business. It is also a great way to reduce costs and increase efficiency in your business. By outsourcing your fleet services, you can focus on core business activities and let an experienced provider manage your fleet for you. It can help you manage your fleet more effectively, while also providing access to the latest technologies and also help you stay up to date with the latest industry trends.

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But before you make the decision to outsource your vehicle fleet services, there are a few things you should consider. First, you need to understand the scope of services you need and the cost savings that can be achieved by outsourcing. You will also want to look for a provider that offers a range of services to meet your unique needs. Finally, you’ll want to make sure that the provider you choose is reliable and committed to delivering quality services.

In this blog, we will explore the different benefits of fleet management outsourcing and how it can help to unlock a world of possibilities for your business.

Read Also: How Much Does Fleet Management System Cost?

What do Fleet Management Outsourcing mean?

 

Fleet management outsourcing is the process of hiring a third-party provider to manage the day-to-day operations of your fleet. This can include anything from maintenance and repairs to fuel management and logistics. By outsourcing these services, you can free up your own staff to focus on more important tasks, such as customer service and sales.

Fleet management outsourcing is becoming increasingly popular as more businesses realize the cost savings and increased efficiency of using a third-party provider. It is also a great way to access the latest technologies, such as GPS tracking and fleet management software that can help you manage your fleet more effectively.

Benefits of Fleet Management Outsourcing Services

 

There are many benefits to outsourcing fleet services, including cost savings, increased efficiency, improved customer service, availability of expertise, access to latest technology, risk management, and quality assurance.

Let us explore each of these benefits in more detail.
  • Cost savings

One of the main benefits of fleet management outsourcing services is cost savings. By outsourcing these services to a third-party provider, you can reduce your overhead costs, as you will not be paying the staff to manage the day-to-day operations of your fleet. This can help to reduce your overall costs and increase your profitability.

In addition, outsourcing can also help you to save money on fuel costs. By using a third-party provider, you can access their bulk-buying power, which can help to reduce fuel costs. This can help to save your business money in the long run.

  • Increased efficiency

Another benefit of fleet management outsourcing services is the increased efficiency it can bring. By using a third-party provider, you can free up your own staff to focus on more important tasks, such as customer service and sales. This can help to increase your overall efficiency, as your staff can focus on the tasks that really matter.

In addition, outsourcing can also help to streamline your fleet operations. By using the latest technologies, such as GPS tracking and fleet management software, you can manage your fleet more effectively and ensure that it’s running as efficiently as possible.

Read Also: 31 Ways to Reduce Fleet Maintenance Costs

  • Improved customer service

Fleet management outsourcing services can also help to improve your customer service. By using a third-party provider, you can access their expert customer service staff, who can help to provide a better service for your customers. This can help to increase customer satisfaction and loyalty, which can have a positive impact on your bottom line.

  • Availability of expertise

Another benefit of fleet management outsourcing  services is the availability of expertise. By using a third-party provider, you can access their expert staff, who have the knowledge and experience to provide effective fleet management solutions. This can help to ensure that your fleet is running as smoothly as possible and that you are making the most of the latest technologies.

  • Access to latest technology

Fleet management outsourcing services can also provide you with access to the latest technologies. By using a third-party provider, you can access their latest technologies, such as GPS tracking and fleet management software, which can help to improve your fleet operations. This can help to save you time and money in the long run.

  • Risk management

Fleet management outsourcing services can also help to reduce the risks associated with managing a fleet. By using a third-party provider, you can access their risk management services, which can help to protect your business from any potential liabilities or losses. This can help to ensure that your fleet is running as safely and securely as possible.

  • Quality assurance

Finally, fleet management outsourcing services can help to improve the quality of your services. By using a third-party provider, you can access their quality assurance services, which can help to ensure that your fleet is running as efficiently and reliably as possible. This can help to reduce the risk of any breakdowns or malfunctions, which can save you time and money in the long run.

As you can see, there are many benefits to outsourcing fleet services. From cost savings to increased efficiency and improved customer service, outsourcing can help to unlock a world of possibilities for your business. So, if you are looking for a way to reduce costs and improve efficiency in your fleet management, outsourcing could be the answer.

How to choose the right outsourcing provider?

 

Choosing the right outsourcing provider is essential to ensure that you get the most out of your fleet services. Here are a few tips to help you choose the right provider:

  • Research the provider’s reputation and experience in the industry
  • Make sure the provider offers a full range of services that meet your specific needs
  • Ask for references from previous customers
  • Check out the provider’s pricing structure and find out if they offer discounts or other incentives
  • Make sure the provider is reliable and has a good track record of on-time delivery

Read Also: GPS Fleet Management & Asset Tracking Solutions

What to look for in an outsourcing provider?

 

When choosing an outsourcing provider, there are a few key features to look for. First, you will want to make sure that the provider has experience in the fleet services industry. You will also want to make sure that the provider is knowledgeable about the latest industry regulations and trends. Additionally, you will want to find out if the provider offers additional services, such as fleet tracking and management.

It is also important to make sure that the provider is reliable and committed to delivering quality services. You’ll want to look for a provider that can deliver on-time and provide consistent customer service. Finally, you’ll want to make sure that the provider offers competitive pricing.

Make the most of your outsourced fleet services

 

Once you have chosen the right provider, there are a few tips to help you make the most of your outsourced fleet services. First, communicate clearly with your provider. Make sure to provide detailed instructions and feedback, so that the provider can deliver the best services possible. Additionally, be sure to monitor the progress of your fleet services regularly to ensure that you are getting the most out of your provider.

It is also important to establish a good relationship with your provider. Make sure to keep lines of communication open and provide feedback and guidance to ensure that your provider is delivering the best services possible. Finally, be sure to keep an eye on costs and make sure that you’re getting the most value for your money.

If you are looking to outsource fleet services, then get in touch with us today to find out how we can help. We offer a range of services, from maintenance and repairs to fuel management and logistics, to help you manage your fleet more effectively and that will help you manage your vehicle fleet efficiently.

100 Valid Countries That Accepts UAE Driving License

As a UAE resident, you may have wondered if you can take your license abroad or if it is even accepted in other countries. The answer is yes! There are over 100 countries around the world that accept the UAE driving license.

This guide will provide you with a comprehensive list of all the countries that accept UAE driving licenses and also provide you with country-specific information for each one.

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Here is a list of 100 countries, which according to the Ministry of Foreign Affairs & International Cooperation (MoFAIC), accept the driving license issued by the Emirates.

Algeria Armenia Australia Austria
Azerbaijan Bahrain Bangladesh Belarus
Belgium 10. Bosnia & Herzegovina Brunei Bulgaria
Canada China Colombia Costa Rica
Croatia Cyprus Czech Republic Denmark
Ecuador Egypt El Salvador Ethiopia
Finland France Gabon Georgia
Germany Ghana Greece Guatemala
Hungary Honduras Hong Kong Iceland
India Indonesia Iran Iraq
Ireland Italy Jamaica Japan
Jordan Kazakhstan Kenya Kuwait
Latvia Lebanon Liechtenstein Lithuania
Luxembourg Macau Madagascar Malta
Malaysia Mexico Mongolia Montenegro
Morocco Netherlands Nicaragua Norway
Oman Panama Paraguay Peru
Philippines Poland Portugal Puerto Rico
Qatar Romania Russia Saudi Arabia
Serbia Seychelles Singapore South Africa
Slovakia Slovenia South Korea Spain
Sri Lanka Sweden Switzerland Taiwan
Thailand Trinidad & Tobago Tunisia Turkey
Ukraine United Kingdom United States Uruguay
Uzbekistan Venezuela Vietnam Yemen
 
Benefits of having a UAE driving license

 

Having a UAE driving license provides several benefits for those looking to travel abroad.

and easy-to-understand process for obtaining a license. This makes it much more convenient for Emiratis to obtain a license and use it in other countries.

100 Countries Flags

Furthermore, the UAE driving license is much more secure than other forms of identification. This is because it is embedded with a chip that contains your personal information and is only readable by authorized personnel. This makes it much harder for criminals to steal your identity and use it for their own purposes.

Finally, having a UAE driving license allows you to save money on international car rentals. This is because many car rental companies offer discounts to those with international licenses. This can save you money when you are travelling, which is always a plus.

P.S: Bear in mind that the list can be changed in case a new law. So don’t forget to check for legal requirements before visiting the country.

Car Crash Detection & Prevention

According to stats, it has been found that 75 percent of road accidents are caused by drivers who are unable to control or stop their cars within time. Car crash detection and prevention are critical in order to avoid this.

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The obstruction is identified using an ultrasonic sensor, and the car stops since the impediment is nearby, preventing an accident. Still, if an accident occurs, the injured should receive emergency treatment as soon as possible.

In such situations, crash detection will be done using a vibrator sensor, which upon detection of the crash will activate the circuit and an S.O.S message will be sent to the nearest hospital, police station, fire department, and the user’s emergency number. Moreover, the smart poles will be used on mountainous routes with blind turns to alert drivers on both sides.

Read Also: 31 Ways to Reduce Fleet Maintenance Costs

What is car crash detection and how does it work?

Car crash detection is a safety feature that may be found on a safety app or incorporated into your vehicle to safely protect you and your loved ones. This will detect whether you have been in a car accident as a driver or a passenger and will immediately contact your insurance provider as well as notify your friends and family or emergency services.

car crash detectionWhen you are in a car accident, motion sensors on your phone or car detect it. A personal safety app may also detect sudden stops or sharp accelerations using your GPS, motion sensors, or accelerometer.

What does car crash detection do?

The functionality of car crash detection relies on the kind you have installed—either as a safety application on your Android or iPhone or as a built-in feature in your car. Each app and service offers a unique set of features, but they all seek to assist you after a car accident.

Some crash detection systems allow a dispatcher to speak with you immediately to assess if emergency services should be dispatched. While others may have a dispatcher reach you by phone call or text. If you do not answer, they will undertake an emergency response.

Hopefully, something like this should never happen, but keeping your actual location available in an emergency might be the matter of life and death for you and your loved ones in the case of an accident.

What is car crash prevention?

Collision avoidance systems (CAS) are advanced driver-assistance systems designed to prevent or reduce the severity of a collision. They can also be called pre-crash systems, forward collision warning systems, or collision mitigation systems. A forward collision warning system monitors the speed of a vehicle, the speed of the vehicle in front of it, and the distance between the vehicles so that it can warn the driver if the vehicles get too close, thereby preventing accidents.

car crash preventionTo detect an impending crash, many technologies and sensors like radar (all-weather), laser (LIDAR), and cameras (using image recognition) are utilised. Through a location database, GPS sensors may identify fixed dangers, such as approaching stop signs.

Collision avoidance systems range from widespread systems that are compulsory by law in a few countries, such as autonomous emergency braking (AEB) in the EU, to agreements between carmakers and safety officials that will eventually make crash avoidance systems standard, such as in the United States, to research projects that include some manufacturer-specific devices.

Read Also: Advanced Fleet Management: What Is It?

1. Forward collision warning: This uses a variety of sensors and cameras, such as light detection and ranging (LIDAR), to alert the driver of a possible front-end collision, which might occur if they follow too closely. If necessary, the system will send a warning and may pre-charge the brakes for maximum efficacy. The brakes may engage autonomously in some instances. Although a crash cannot always be prevented, the lower speed may lessen the severity.

2. Pedestrian identification: Some front crash prevention systems can detect pedestrians. These systems use advanced technology, including sensors and cameras, to detect persons in or about to enter the path of the vehicle. Tightening seat belts, shutting windows, and adjusting seat positions or head restraints are among other front crash safety features.

3. Night vision: A night vision system enhances your view of the road ahead by using infrared technology. If an obstruction is identified, this may be combined with an audible or visual alert.

4. Lane departure warning: Using this feature, the vehicle is prevented from drifting into adjacent lanes by physically, visually or audibly warning the driver. With modest braking and slight steering adjustments, newer models actively resist going out of their lane. They monitor the sides of the vehicle where a driver cannot easily see by just using a side-view mirror.

5. Parking and backing assist: Many minor collisions occur as a result of poor parking and backing. Backup cameras and distancing detectors can be used to help drivers back up and park safely. Many vehicles are also equipped with automatic parallel parking features.

6. Adaptive headlights: To illuminate more of the road ahead, this type of headlight pivots in the direction of travel. As a result of this system, even when driving in the dark, drivers can safely manoeuvre unfamiliar roads and curves with a curve speed warning system that monitors the road using a combination of GPS and digital maps.

7. Fatigue warning: Fatigue is a severe driving hazard. To detect the driver’s alertness, sophisticated algorithms monitor steering, lane straying, and behaviors, such as eye blink rate and blink duration. If inattention or fatigue is detected, the driver is instantly warned, either with a loud warning or a voice command.

8. Electronic stability control: This computerized technology increases a vehicle’s stability in severe weather. When traction is lost, the system may brake or steer as needed until control is regained. According to the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety, this technology alone might avoid nearly half of all fatal car accidents.

9. Antilock braking system (ABS): A vehicle would skid out of control if the brakes locked up after a hard slam on the brakes. ABS pulses the brakes at small intervals to avoid the brakes locking up. After the vehicle slows down to a safe speed, the brakes return to their normal function.

Read Also: How Much Does Fleet Management System Cost?

GPS Fleet Management & Asset Tracking Solutions

Shaping your business wisely is the bravest decision to make. Several businesses consider GPS fleet management unworthy but note that it is a healthy investment. Concerning asset tracking, you can access your fleet asset easily with GPS tracking. Continue the article to know more!

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What is GPS Fleet Management?

GPS fleet management is a potential solution for the growth of your business. However, it is thought to be expensive, whereas the truth is, it cost-effectively reduces staff and expenses in the long run. To make you understand in simple terms, it prevents idling, wasting time in traffic, crisscross routing, and introduces you to a new way of organizing each of your drivers, vehicles, and routes.

In businesses where a fleet of vehicles is used, the team needs to use the right tools for tracking them and improving the overall safety of the drivers. If you hire GPS fleet management, you opt for better efficiency of the workers. You will also stay updated about all the rules and regulations introduced by the Government relating to the vehicles.

To understand what a GPS fleet management system means, you will first have to think of it as a virtual ride-along. You are not hiring a real person to sit by the driver and monitor things here. Instead, you are seeking the help of GPS fleet tracking and management system to control everything no matter where you are. This system will help you ensure that the driver is doing everything right and your vehicles are operating safely.

Read Also: “13 Best Fleet Management and GPS Tracking Software for 2022”

What

This system includes both software and hardware components. The hardware device will vary as per the model of your vehicle. For instance, in some cars, the traditional plug-and-play devices are enough for monitoring, whereas, in others, more advanced sensors are needed. With the help of the hardware, you can track your car and watch how it is being operated. Besides the hardware, the software used in the device is the GPS (Global Positioning System). The software receives all the real-time data from the hardware and functions to give you all the info.

What is the Function of a GPS Fleet Management Software?

The software using a GPS can decide routes of the vehicle, track its location and give proper directions to the driver. Other functions performed by the software include maintenance tracking, vehicle diagnosis, and indicating safe driving behaviors. Some management systems come with multiple accelerometers and sensors. So if the driver gives a hard brake or takes a risky turning, it will get recorded in the software with the help of the sensors.

The overall software will help you track the fleet’s location, understand the drivers operating techniques, manage the good life of the vehicle and track the fuel efficiency. Some software is also embedded with the latest scheduling and dispatching tools to push the workflow for better efficiency. A few modern features include anti-theft service, accident tracking, time clocks, roadside assistance, and so on.

Read Also: ” Advanced GPS Fleet Tracking Software”

Advantages of Fleet Management:

Tracking the vehicles for controlling and preventing damages is needed in all industries. For this, vehicle management is extremely important. Some of the important GPS fleet tracking benefits are as follows:

  • You will be able to track the unsanctioned travel and hours, which will reduce waste.
  • You will be able to track the fuel costs, mileage, and consumption.
  • You will be able to prevent any excessive damage to your vehicles.
  • It will help you with service alerts so that you are up to date with your vehicle maintenance.
  • Through GPS and device communication, you will be able to track each of your vehicles.
  • It is easier to optimize routes.

Disadvantages of Fleet Management

Besides the benefits, there are also a few disadvantages of using a GPS fleet management system. Have a look below to find out:

  1. The drivers might feel their private space is being violated with the device. That is why the owner must be clear about how the software tracks and manages the vehicles. If the driver is not feeling comfortable enough, try to make them understand the smarter logic behind implementing such a management system.
  2. It is a slightly expensive affair and might need a lot of thinking before implementation. However, even though the cost is high, installing this device can be a blessing for your vehicles as it will make fleet management much easier.

What is GPS Asset Tracking Solutions?

If you want to put your firm’s valuable equipment under control and maximize asset control efficiency, then GPS asset tracking is the best solution. You can successfully manage your assets even if you have multiple assets. Why is it important? With the appropriate asset tracking, you can organize the location, reduce the loss of equipment, and arrange all the tracked assets.

For businesses, losing vital assets is not rare. The assets might not be that expensive always but their loss can affect the company badly. In such a scenario, it is important to keep track of all the assets. That is when the GPS asset tracking solution comes in. It is a great software that can help one keep track of all the important documents and tools within the office.

There are different types of asset tracking solutions in the market. Today, we will specifically deal with the one that uses GPS tracker but the other technologies used are:

  1. Barcodes
  2. Wi-Fi
  3. Bluetooth
  4. Ultra-wideband
  5. Cellular
  6. LPWAN technologies

Of all these technologies, the GPS one is the handiest and provides 100% accurate results, which is why most businesses opt for this one. You can also try the other ones to see which one suits your needs the best!

Read Also: “Fleet Management Solutions and GPS Fleet Tracking”

Advantages of Fleet Management:

What is the Function of a GPS Asset Tracking System?

The most important function of an asset tracking system is to track the location of your assets so that you never lose them. It allows you to read information about the assets you have tagged with the software. The way it collects real-time data of each asset, no other software can match its speed and trust-ability. The system also manages the manual workflows and tasks within the workspace.

There are some GPS asset tracking systems in the market that allows the user to track inventory alongside the assets. For those who are wondering what the difference between an asset and an inventory is, well, an asset is a single item, whereas inventory is a group of identical things. This kind of tracking system works better in offices because then the employee can find exactly what they want without caring about the number of items. Also, the accuracy level of these trackers is comparatively higher than those trackers that can only track assets.

When buying an asset tracker, remember that you are getting it for making your life easier by tracking your assets smoothly. Hence, the system must come with desirable features to help you with all your needs. It should also be affordable and easy to install. Even though the features of all GPS asset tracking systems are not alike, there are some features that we highly like and recommend. Read below to know which ones we are talking about:

  1. Multiple users
  2. Automation
  3. Check-in and check out
  4. Kitting assets
  5. Combined inventory management
  6. Cloud software access
  7. Mobile compatibility
  8. Barcode generation
  9. Real-time data about assets
  10. Barcode scanning
  11. Repair tickets
  12. Lifecycle history
  13. Compliance tracking
  14. Maintenance tracking
  15. Software license tracking
  16. Depreciation tracking
  17. Repair tracking
  18. Contract management
  19. Attachments
  20. Tracking funding sources
  21. Data based reports

Finding all these features in one tracking system can be difficult. We also believe that a single business might not require all of these features. Hence, it will be wiser if you can first sort out the features that your company needs in an asset tracking system and then choose the software that matches most of your requirements!

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Advantages of Asset Tracking:

Some of the important asset tracking benefits are as follows:

  1. It saves time looking for assets and collects data faster by optimizing productivity.
  2. Reduces loss of assets and cost of new equipment.
  3. You will receive service alerts that will help you to schedule maintenance.
  4. It is accurate and accountable.

Disadvantages of Asset Tracking

  1. The system might crash when it receives a lot of commands from multiple ends. That is why you must always keep backup.
  2. At times the system also gets hacked if it is not well-protected. This can leave your business vulnerable to hackers.

Summing Up

Every business in the industry today wants to grow. If you too want to make a big difference, you must plan to invest in GPS fleet management and asset tracking technology. Both the systems are a great investment considering the functions they perform.

Yes, there are a few drawbacks, but those can be easily ignored or solved with the help of experts. Moreover, it is better to rely on super-fast technology when keeping track of things in your business. This will give you some time to relax and focus on the greater goals. So when will you introduce these new technologies to your business? Share with us!

Read Also: “How Much Does Fleet Management System Cost?”

Learn All About the Best Mobile Fleet Management App for IOS and Android

It is a motto for everyone to make their organization flourish successfully and keep it on track with fleet management app. But keeping all these assets profitable and growing at the same time is a real juggle. You must be having a hard time keeping everything running smoothly, with all the vehicles and drivers to keep account of on paper. Keep reading to find a solution to all your distress!

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Meet Our Vehicle Tracking System!

You must be in want of an application to manage your fleet and pieces of equipment that will make your work easier. Meet our vehicle tracking system! This is a fleet management system that helps you proactively manage your commercial vehicles from anywhere you are with only one easy-to-use platform. This application is available both in the web version as well as Android and IOS version so that you can access your assets while in your workplace and even while being outside.

Between maintenance schedules, fuel receipts, vehicle inspections, driver assignments, recalls, and much more, it can seem impossible not to drop the ball. From acquisition to disposal, this software manages your fleet and helps you proactively manage every task in the asset’s lifecycle from anywhere with one easy-to-use platform. Maximize your time by using PMs programs based on manufacturer recommendations or custom intervals based on utilization.

Read Also: “Fleet Management Technology and Mobile App”

How Does This App Work?

Download our app on your mobile or open the webpage and get yourself registered first. Then proceed by making an account and then add all the vehicles and assets you have, the number of vehicles you own, the number of drivers, their information, and everything. Do not worry; you won’t have to do this always, just this one time, and you are done. This app will keep track of everything after this.

Add unlimited users to your fleet management account and share the responsibility of managing everything across your organization. Receive reminders like repairs, periodic servicing, location of the vehicles, or even forecast service needs based on usage. Get a clear view of program compliance, helping you to keep your vehicles healthy.

This also makes it easy to manage unplanned maintenance, with real-time reporting from the field. Drivers and operators can perform configurable inspections in minutes using a smartphone and launch issues from anywhere, notifying you of necessary repairs instantly. With the smart texting option, you can talk to your employees in real-time. Streamline the entire maintenance process to ensure that all PMS and repairs are completed on time.

Whether you handle maintenances from the office or visit different workshops, this app enables an efficient process resolution while providing detailed data all the while. Check out some of the best features that this application has to offer:

Real-Time Tracking Of Your Assets

It is not always possible to keep track of every vehicle, where they are or where they are going. But with this fleet manager, it is possible. A fleet manager can monitor the vehicles efficiently and swiftly with our software for fleet management. You can track their real-time location within a matter of moments.

Manage the entire maintenance lifecycle from anywhere. Inventory managers can even receive parts from multiple warehouses whenever they need them for repairs and manage the location of each, down to aisle, row, and bin.

Read Also: “13 Best Fleet Management and GPS Tracking Software for 2022”

How Does This App Work?

Receive Push Notification

Our system provides real-time notifications and alerts to your device, to the fleet manager as well as to drivers, instantly. The time needed to communicate with drivers and coordinate with them will be saved.

Communicate with technicians and other stakeholders within a work order and avoid any kind of delays and errors which happen due to poor communication. Receive push notifications regarding new comments and added status changes made by the members using the group.

Mobile Application

We have 2 powerful fleet management system that keeps you ahead of your tasks:

  • Vehicle Tracking Driver App – This is for the drivers
  • Vehicle Tracking Manager App – This is for fleet managers

This helps to divide the tasks accordingly making things effortless and efficient. This application is available both in android phones as well as IOS devices, other than that there is also the web version.

Use Of AI Technology

Our system integrates AI to enhance your fleet management experience. With an auto-routing tech facility fleet managers can determine the optimized route according to your journey.

Geo-fencing Tech

This enables users to generate a pre-determined boundary within which the vehicles should operate. With a smart alarm system, the app notifies you if drivers ever cross that boundary.

Vehicle And Fuel Management

Our system’s advanced features enable you to receive vehicle maintenance alerts which help you to manage vehicle fleet efficiently and curtail unnecessary fuel expenses. Drivers can enter fill-ups on the go whenever they need fuel. Or even you can integrate your fuel cards to automatically lock transactions anytime and unlock a powerful fuel comb matrix.

Powerful tools allow you to see your operations cost in real-time. Track expenses and asset utilization, understand the total cost of ownership, and determine the optimal time to replace your assets.

Reporting

Users can make individual reports for particular vehicles, trips, etc. based on these reports, you can implement your overall fleet performance and the probability of your business will increase thereby.

Other than that, to keep your vehicles healthy, you need to send them for regular checkups to ensure they are fit and fine to operate anytime. Assign repairs to in-house technicians, track labor, and even parts and inventory. Outsource the work to your favorite independent or national shops, and manage approvals online only. No need to personally contact every repair house to take appointments. Close the loop on every task and analyze the maintenance of your vehicles with ease.

Fleet managers can also add issues to work orders and assign them to in-house technicians where mechanics can clock in and out of service line items. Finally, add parts in detailed costs to quickly resolve issues and get the vehicles back on the road quickly.

Read Also: “Advanced GPS Fleet Tracking Software”

Chatroom

While on the road, no one can anticipate if one of your vehicles will get a nail stuck on their tire or when they need to fill up their tank. Drivers can report such issues from the road on this chatroom feature to let you know. Complete with on sight photos and comments on what exactly has happened, find nearby shops to complete those repairs then. They can even contact the repair shops themselves and get bookings if the issues are small and can be done quickly, through the app only.

Built For Teamwork

This is where fleet management system teams come and go to manage the health of their assets. Modern and easy to use, drivers, technicians, and parts managers can manage everything about their vehicles and equipment and communicate in real-time about top priorities to keep their assets rolling and profitable. Manage asset assignments, update details, coordinate maintenance, and check tools in and out with ease.

Control Over Staff Access

Different employees have access to portions of work that are only relevant to them or granted access based on their role. This helps them stay on track and top of their assigned assets. Smart reminders from the app ensure nothing slips through the cracks of workload. Set down what users can add or edit with special permissions, or you can even give them read-only access.

  • Collaboration based on permission
  • Settings according to the role of the user
  • Customizable data views
  • Tailored notifications

 

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Benefits you receive

Wherever you are, stay in sync with your work all the time. Get access to data in real-time while managing multiple fleets. See all the benefits you get in this app at a glance:

  • Profitable – save time and money by installing our fleet management software
  • Error-free – get error-free and accurate fleet management
  • Enhanced communication – send and receive instructions and notifications
  • Improved customer service –quickly respond to queries and doubts of customers
  • Increased efficiency – augment driver efficiency to increase performance
  • Enhanced safety – enhances the safety of your vehicles as well as drivers
  • Automated reports – get reports automatically sent to you
  • Lower vehicle replacement rate – periodic alerts and maintenance reports increase vehicle performance and lower replacement rates

Maintaining your fleet should not be complicated but should be automated. Stop asking the questions about what has been done or what needs to be done; instead, just keep track of every detail regarding your fleet. Make communications between your managers, vendors, drivers, technicians, admin, and stronger with this one app.

Endnote

It is where fleet management happens. It complements our modern web base management software. Start the free trial today to begin charging toward the best, most productive version of your fleet. We hope that this article was helpful to you; if you have further queries on anything, feel free to contact us, we will be happy to help.

How Much Does Fleet Management System Cost?

The process of arranging, monitoring, and managing a vehicle fleet via a fleet management system cost (FMS) may assist firms in ensuring the health and safety of their drivers, saving money on fuel, and adhering to the law.

A fleet management system will typically cost roughly $35 per month per vehicle or between $3500 and $6500 per year for a fleet of ten cars. This cost varies greatly depending on your unique company demands, but the efficiency and cost reductions will return your investment that justifies the expenditure.

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When comparing the varied prices of fleet management software, your best bet is to get pricing quotations from various fleet management software vendors, each suited to your organization. Let us know what you’re searching for, and we’ll do a free search for you.

Our straightforward form takes less than thirty seconds to complete and may connect you with the finest prices available from various industry-leading providers who meet your requirements. Using our price comparison tool does not obligate you to purchase.

We’ll discuss what Fleet Management is, the average price range for GPS tracking with basic or sophisticated Fleet Management, the cost-impacting aspects to consider when selecting one for your company, and how these technologies may ultimately save you more money than they cost.

Fleet Management Software may improve a fleet’s efficiency, service, and security by monitoring and analyzing data in real-time 24 hours a day. Additionally, the leading suppliers will include ELD mandate compliance, IFTA tools, and other features.

Read Also: “13 Best Fleet Management and GPS Tracking Software for 2022”

What is a Fleet Management System?

Fleet management systems are used to dispatch drivers, provide routing and traffic information, and monitor fuel use, among other functions. Typically, a fleet management system will have hardware components — such as GPS trackers installed on cars — and software components.

The software component enables drivers to maintain accurate records and provides managers with an easy-to-understand overview of their fleet’s location and performance.

If your firm has a fleet of cars, it’s definitely worth the investment – even more so now that the ELD mandate has taken effect. To obtain a sense of the prices, you may use our easy fleet management quotes to get no-obligation quotations from the leading fleet management system suppliers.

Determine the precise cost of fleet management.

Utilize our free tool to compare personalized estimates from all of the industry’s major suppliers.

A fleet management system is a package of hardware and software that consists of three components:

  1. The device that runs the Fleet Management Software, each vehicle in the fleet has hardware sensors and an interface installed or connected.
  2. The vehicle’s operating system. It takes data from each car, such as the engine’s state and position.
  3. The program that serves as the management interface, The fleet manager’s software for receiving and interpreting data from all vehicles.

Different fleet management software collects data in unique ways. Those with sensors integrated into a car’s engine will obtain more detailed information on the engine’s state than those with plug-and-go dashboard equipment.

Certain organizations specialize in or are primarily engaged in “less than truckload” (LTL) shipping, which involves a single-vehicle transporting products to several customers.

These fleets should seek out LTL-friendly fleet management software that provides a specialist load optimization solution that is not available with TL-focused fleet management software.

The finest fleet management software includes active data tracking rather than passive data tracking. A passive tracker takes data while it is being used but does not transmit it to the program until afterward. It implies that it may refresh the data sent by a fleet management system every few seconds or as seldom as once every 10 minutes.

Near-real-time data updates are critical for genuinely efficient fleet management software since they enable fleet managers to respond rapidly to critical information such as late deliveries or vehicle malfunctions. You may also handle certain fleet management software applications through smartphone apps, making responding to problems simpler for managers.

Additional accessories, like in-cab driver instruction devices, may be available with advanced fleet management systems.

Read Also: “What is fleet management – All you need to know”

How are GPS tracking and Fleet Management different?

GPS trackers are not strictly FMSs since they normally do not record anything other than the position of a vehicle. They’re beneficial for personal anti-theft measures and limited fleet management but will fall short of providing the majority of the advantages discussed below.

Simple FMSs concentrate on a few key aspects. Logging driving hours and work breaks, as well as fuel management, are often included. If fleet managers choose a basic FMS, they should ensure that it has routing and dispatching capabilities at the very least.

Beyond the essentials, advanced FMSs provide add-ons that optimize fleet efficiency and return on investment. This category of functionality may include parts, tires, tool management, and accident and maintenance tracking. These systems typically comply with ELD regulations, with the primary objective of arming fleet managers with as much information and authority as possible to operate their company.

GPS tracking, in other words, is a subset of fleet management. Any FMS should be capable of tracking vehicle position and providing other functionality.

Compliance with FMS and ELD

The Federal Motor Carrier Safety Administration mandates an electronic logging device (ELD) for all commercial motor vehicle drivers in the United States to record their work hours. You may find more information on the requirements and the penalties for non-compliance in our comprehensive ELD mandate guide.

Although not all FMSs are ELD compliant, most fleet management software vendors have guaranteed that their service offers the option in light of the new need to record all HOS using ELDs.

Nonetheless, you should ensure that your FMS meets ELD compliance requirements before committing to it. To give you an idea, we examine the finest ELD-compliant FMSs on the market.

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How many vehicles am I able to monitor?

A fleet of five cars may profit from an FMS just as much as a fleet of thousands. However, some fleet management software suppliers are more capable of serving bigger fleets than others. If an FMS supplier has a big enough development and customer support staff, it can manage fleets of thousands of cars. Each fleet management software evaluation includes information about the maximum fleet size that a supplier may support.

What kind of vehicles is trackable?

While an FMS monitors basic vehicles such as automobiles, vans, and trucks, some suppliers also provide asset tracking software that allows managers to track different assets. These may be stationary, such as warehouses or sensitive equipment, or they may need extra data monitoring, such as refrigerated units that must maintain a certain temperature.

Our comparative service is available for both fleet management and asset tracking software. When inquiring, make careful to inquire about the features available for your specific cars or assets.

Video Guide on Fleet Management

It’s beneficial to look at a case study to understand better how a fleet management system may improve a firm.

Costs of Fleet Management

As discussed before, fleet management charges vary according to the requirements of your company fleet. Expect to spend more if you want to monitor a fleet of 50 food delivery vehicles, which includes real-time route planning, two-way communications, temperature, fuel information, quick DVIR inspections, ELD tracking, and safety maintenance warnings.

Then, you would track a group of ten traveling hair stylists in small cars. Apart from the characteristics and quantity of your fleet, several additional variables may affect costs—read more about them below.

It’s important to understand how expenses vary significantly based on the size and scope. The best fleet management services will always customize their pricing to your specific requirements.

It might make cost comparisons seem more difficult; we suggest utilizing our easy fleet management pricing quotes tool to assist. It will take you just under a minute to fill out, and it will let you quickly compare quotes from different providers.

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What Factors Affect Fleet Management Costs?

The entire cost of an FMS may include four distinct expenses; however, this varies according to how each firm frames its quotes:

  • Hardware devices – each vehicle must be equipped with a hardware device, which may be purchased or leased.
  • Program licenses — a monthly or yearly subscription price covers the licensing of the software used, and the charge varies according to the software’s services supplied.
  • Installation services – although a plug-and-play gadget does not need installation, a wired device does. Certain FMS providers provide free installation, while others provide a free installation only if the fleet signs a two- or three-year contract, and yet others charge regardless.
  • Training – some businesses may provide training through manuals, webinars, live internet assistance, or in-person meetings.

Additionally, the price will be influenced by the following:

  • Fleet size – almost all FMS providers charge per vehicle (or user) each month, which means that a bigger fleet will pay more than a smaller fleet.
  • Essential features – various FMSs monitor various sorts of data, from ELD compliance to fuel tracking to reminders about when to rotate your tires. In general, more comprehensive features cost more.
  • Vendor – no two FMS companies are identical, and vendor costs change.
  • Shipping service type — Less-than-truckload (LTL) shippers should verify that their FMS monitors several destinations along a single route.
  • Additional hardware may be required – These expenses are not included in the FMS price. It would be omitted from the FMS bundle. For instance, drivers may need company-issued tablets or smartphones to access their data on the road and may rely on the FMS to pass roadside inspections.

Licensed or privately owned?

Companies that provide fleet management services may sell the hardware device needed to capture data from inside each vehicle. Alternatively, they may license these devices to a fleet operator, with the option of reclaiming the devices if the operator decides to terminate the contract in the future. The program may also be purchased or licensed individually, Whichever option you choose.

Licensing devices is a more cost-effective choice, especially if you’re also licensing software: If you move to a different FMS, you will certainly be able to eliminate the incompatible devices. If you want to avoid a two- or three-year contract, you may opt to purchase the gadgets and intend to return the initial investment via continued use.

Is it better to be wired or plug-and-play?

Wired FMS devices must be placed separately in each car, directly connected to the engine, to monitor data that might otherwise be unrecorded, especially on older vehicles (wired is best for models older than 1996, according to one manufacturer). However, plug-and-play gadgets connect directly to the dashboard.

Plug-and-play is likely an excellent choice if you have a light- or medium-duty vehicle. If you have a heavy-duty vehicle or want to install a tracker discreetly for anti-theft protection, you should choose a wired device.

Compare the many features of Fleet Management Software in our Best Fleet Management Software Comparison, and look at a couple of them in the comparison below.

Savings on fleet management

Although the initial expenditures may seem excessive, one of the primary reasons fleet managers value these technologies is the cost savings they provide. How?

Savings on fuel

The data covers the length of time that some drivers allow their cars to idle and the rate at which those idling vehicles use gasoline. When combined with the routing enhancements offered by a fleet monitoring system, an average operation may save 13.2 percent on gasoline — which can account for up to a third of an operation’s budget.

Less Harsh Braking

Many FMSs also monitor abrupt stops, enabling fleet managers to identify which drivers brake violently the most often. Avoiding these accidents prolongs the life of a fleet’s brake pads, saving money on maintenance expenditures.

Engine Idling Time Is Reduced

If the engine is running, but the vehicle is stationary, the fleet management software will detect that the engine is idling. The fleet manager may address excessive and frequent idling with their drivers to cut down on future time spent.

Reduced Overtime

Because FMSs monitor each driver’s extra hours, fleet managers will be able to assist drivers in avoiding overtime when it occurs — rather than discovering it weeks later when balancing the checkbook.

Improved Service

According to one Motorola research, GPS-enabled fleet management solutions save transportation operations around 54 minutes each day. It equates to $5,484 per employee.

Data Centralization

According to Aberdeen Group research, fleet operations that use an FMS are more than twice as likely to have a centralized repository for road data, connect that data into their back office, and have data scientists devoted to data analysis.

While this association does not necessarily imply that the FMS is responsible for this data-driven strategy, it implies that it supplies the digital field data necessary to occur.

With data on everything from vehicle downtime to the maximum speed you can complete specific routes, a fleet operator may optimize its dispatches: FMS data can directly impact a business’s bottom line.

Receive Accurate Fleet Management Cost Estimates

As mentioned before, the actual cost of a fleet management system is highly dependent on a variety of variables.

The most reliable method of obtaining precise pricing estimates is to get a customized quotation. However, there is no need to surf the internet incessantly in quest of comparative pricing.

Filling out our easy fleet management cost comparison form is the easiest way to get an accurate FMS pricing quotation. We can link you with several industry-leading firms to compare personalized bids by providing a few data about your business’s requirements.

Why Should You Use Fleet Management?

There are several advantages to using a fleet management system. It may help you decrease expenses and hazards while also increasing efficiency.

Additionally, it is the law. The ELD mandate requires firms to monitor their drivers’ work hours using an electronic logging device – a fleet management system may assist you in doing this.

A solid fleet management system will also assist you with the following:

  • Dispatch management – route planning and driver communication
  • Tracking and diagnostics — real-time information on the position and state of the vehicle
  • Fuel management – information on the rate at which fuel is used
  • Vehicle maintenance – customized alarms for vehicle maintenance may be established
  • Financing — information on the wear and tear on cars
  • Health management — information on the length of drivers’ work hours and rest periods
  • Safety management — information on a vehicle’s driving and cornering speeds enables high-risk drivers’ identification.

Typically, a fleet management system gathers this data while connected to or mounted in a vehicle’s dashboard. It subsequently transmits the data to a fleet manager’s central hub via GPS.

Additionally, fleet management software assists a fleet operation via a few measures that may not result in immediate cost savings but may avert possible disasters down the (metaphorical) road.

  • While managers may buy standalone anti-theft trackers, they will automatically monitor a vehicle’s whereabouts if fleet management software is included.
  • Vehicle control – Some fleet management systems go beyond data collection and control the engine, enabling managers to regulate vehicle speeds remotely or slow and halt cars as needed, avoiding errors or accidents.

Better Safety

Rapid reaction times are critical, and any GPS fleet monitoring system can notify fleet management within minutes of an incident occurring anywhere in the world. That is not possible with pen and paper devices.

Additionally, since most FMSs gather data on drivers’ dangerous behaviors, ranging from hard braking to tight corners to excessive speeds, managers can address problems before they escalate into traffic incidents. How significant is an FMS’s influence on fleet safety? ELDs are predicted to save 26 deaths per year by the Federal Motor Carrier Safety Administration.

Emissions Reductions

Because an FMS can monitor and eventually reduce fuel expenses, your company will emit less CO2. According to one business, saving $250 in yearly fuel expenditures for each vehicle would reduce 2,500 pounds of carbon emissions per vehicle per year.

Reduced Travel Time

Fleet management systems are meant to locate the shortest and most fuel-efficient route feasible while avoiding empty runs. One benefit is that drivers will have the necessary break between runs. According to one NuStats research, drivers who use traffic-sensitive navigation systems may save up to 18% on any given journey. That’s a whole four days every year for the average motorist.

Read Also: “Advanced Fleet Management: What Is It?”

Best Fleet Management Software Providers

After you’ve better understood what fleet management software can accomplish for your company, take a look at some of the best providers listed below to understand better who you’re working with.

A reputable fleet management company. Its system is to get a sense of who you’re dealing with, simple to use and comprehend. Verizon Connect has many services, such as engine diagnostics and fuel efficiency monitoring. Additionally, it provides best-in-class client care.

Samsara

Samsara is a new fleet management firm founded in 2015. However, it provides a comprehensive fleet management solution that includes all critical functions — such as driver safety, fuel monitoring, routing, and dispatch — while also benefiting from a straightforward installation procedure and robust support choices. Samsara also offers robust customer assistance and staff training, making it an excellent fit for developing businesses.

Teletrac Navman

Teletrac Navman is one of the world’s largest fleet management firms, having operations in the United States, Canada, Mexico, the United Kingdom, Australia, and New Zealand. Teletrac Navman’s fleet management system is affordable and includes GPS vehicle monitoring, two-way messaging, safety warnings, and in-depth vehicle diagnostics.

US Fleet Tracking

US Fleet Tracking does not provide a comprehensive fleet management solution. Rather than that, the firm focuses on selling GPS car trackers. It implies that you will not get as many features as you would with one of US Fleet Tracking’s services, but it may be a more affordable alternative. For example, you will not be able to monitor fuel economy, but you will be able to view the real-time location of every car in your fleet. Additionally, you’ll be able to examine fleet movements, and the system is ELD compliant.

Fleetio

Fleetio is a software-only enterprise, which means that drivers and fleet management communicate and monitor their vehicles using mobile applications. Fleetio is, therefore, more affordable than the majority of its competitors – albeit, without a hardware component, it is not ELD compliant. Despite being a software-only solution, Fleetio packs a punch in capabilities. For instance, you may schedule drivers and monitor vehicle upkeep. If you’re looking to comply with ELD regulations using Fleetio, you may install a tracker from one of the company’s hardware partners.

Best Practices in Fleet Management

If not utilized appropriately, fleet management software exposes fleet managers to a few problems as with any management software. The following are some disadvantages of fleet management systems to be aware of.

Avoid Invading Privacy

Fleet management software is not precisely intended with the driver’s privacy in mind. After all, it keeps track of their speeding tendencies, their position, and how fast they make a 90-degree bend. It is lawful when workers are on the clock; however, employees should be informed of what is being monitored and why. If workers ever use a fleet operator’s cars privately, the operator must ensure that the fleet management software is disabled for these excursions.

Sustain Control of Driver Expectations

Transparency and open communication are the ideal strategies for implementing a fleet management system. In terms of privacy, drivers in a fleet may be displeased with the move away from a passive GPS tracker or paper tracking system to a fleet management program. They may feel uneasy about having their driving habits, and overtime monitored. The fleet management software vendor may supply driver training classes to help drivers with the new procedure.

Additionally, some firms attempt to lessen any negative sentiments workers may have about monitoring by rewarding them for submitting new data, such as awarding awards to drivers who are the most fuel-efficient or have the fewest instances of forceful braking. These rewards may be distributed using various fleet management systems’ driver scorecard reports.

Begin Fleet Management Today

If you’re looking to enhance the management of your commercial fleet, a fleet management system is an excellent place to start – regardless of whether you operate a company with five pizza delivery cars or hundreds of semi-trucks. You’ll improve your efficiency when it comes to organizing driver routes, managing vehicle maintenance, and monitoring driver workloads. Additionally, your firm will be compliant with the ELD regulation in its entirety.

Read Also: “31 Ways to Reduce Fleet Maintenance Costs”

Best Route Planning Software for Medium-Sized Businesses

Route Planning Software is one of the best software solutions when it comes to optimizing your fleet. Managing such fleet routes is generally very complicated, which requires planning following real-time situations, road conditions, calculations, and likewise.

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But you don’t have to be worried about these things now as your route planner will deal with all these fleet management services professionally.  

Moreover, the services will also plan out the difficult routes and also analyze the driver’s as well as the truck’s behavior under every possible circumstance.

Finally, after optimizing hundreds of routes heading towards your company, the fleet management app comes up with the best and simplest road.  

Do you want to use a fleet management system for your business but do not know much about it? If yes, then we are here to help!

This guide is dedicated to the best route planning software for businesses that want to get their hands on fleet management. So without wasting any further, stay with us until the end! 

What is a Fleet Management System? 

Fleet management systems mainly focus on the fixation of commercial kinds of stuff. Furthermore, it includes vehicles like cars, trucks, vans, elite vehicles, trailers, private vans, and forklifts. The management of these transports can be covered by fleet management systems easily.

Therefore, the fleet management system is needed for the smooth working of fleet vehicles. However, some common steps like maintenance schedules, fuel usage, and managing costs can keep the vehicles stay new and useful for a longer time.  

What is the Benefit of Using a Fleet Management System? 

When discussing the benefits of enrolling in such management, the fleet management vehicle tracking system overshadows the other points. For example, the system inserts a real-time date on the particular vehicles’ GPS to track it down under any kind of emergency. On the other hand, tracking fuel usage regularly reduces the amount of charges spent on transportation.

Read Also: “25 Tips to Reduce Fleet Fuel Cost”

Furthermore, to avoid any kind of extra costs or HOS violations, the driver’s time is also tracked in real-time. There are many more benefits as a circumstance of modern technology, but the points mentioned above are really helpful.  

Furthermore, the planning part here breaks your chunky and big business ideas into different manageable parts and distributes them among a trustful team through user tasks, issues, and stories.

And this article is all about the best and trustful route planning software for your medium-sized business so that you can increase your working network—also, good luck on accelerating your entire enterprise in such a trouble-free way.  

Which is the Best Fleet Management Software for Enterprise Use? 

The main motive of using a fleet management app is to save, reduce costs and remove sustainability. According to the latest trend and preferences, HERE has proved to control all your fleets in the best possible ways.  

What is a Fleet Management Solution? 

When you are ready to hunt for some fleet management solutions, it’s better to know that some general categories will guide you to the best fit for your business.  

  • GPS fleet tracking: The modern fleet solutions can connect many more dots on the map regarding GPS tracking. Hence, it helps you to respond faster to every kind of real-time situation on the road like heavy traffic, blocked roads, and likewise. Also, it introduces fleet management for fuel costing to make the price affordable every month.  
  • Fleet management in videos: Several videos can also guide you to the best route. And it is a lot more easy process. Moreover, this system mainly works on a cloud-based fleet management system. Therefore, cloud-connected videos can regularly update you with all the true stories going on with your fleet.  

What is the Best Tool for Planning Truck Routes? 

The modern era has introduced countless options in every aspect, and so goes with the route planning software. Following the latest trend, the best tool or apps for planning truck routes are as follows:- 

  • Trackobit- This software promises any experienced software providers to help your medium-sized business. And reports say that it had catered around 200 clients till date. 
  • NextBillion.ai- It is a geospatial platform that reaches many extents. It empowers your business to scale, heights, personalized mapping, and harness AI.  
  • Locate2u- It helps businesses flourish more by spreading awareness among the masses. It includes last-mile delivery, cleaning, industries monitor delivery, HVAC, and likewise.  
  • Tookan- It believes in cloud-based delivery. Moreover, it helps the delivery businesses to manage dispatching operations. 
  • DistaDeliver- This tool helps you analyze business, automate, and manage on-demand deliveries with full concern and responsibility.  
  • Woosmap- It targets customers in real-time and introduces the option of personalization by using user location. And it makes your work done in just a few minutes.  

These are the best route planning software and are on top of the list in the current times. These apps or tools are chosen based on their optimization skills, pricing, management skills, empowerment, and, most importantly, the skill to handle clients.  

What is a GPS Tracking System? 

The whole world prefers GPS tracking, and it has proved its worth for quite a long time now. GPS stands for Global Positioning System. It includes and studies a network of 24 satellites in orbit along with the devices and fleet on the ground. 

However, a GPS tracking system has three main steps- positioning, timing, and navigation. GPS came into existence around the 1960s, and it has already won people’s trust and time by its skills and usefulness in such a short period.  

How does the Global Positioning System Work in Real Life? 

To track the routes, weather, possible roads, and the whole map, GPS needs to stay connected with all the satellites present around the Earth. These satellites keep on broadcasting the new updates and locations above us. And all these actions are monitored or controlled by the Master Control Station of the GPS.

Read Also: “31 Tips To Hire Best Drivers For Your Fleet”

The other stations further check the locations and statuses on the ground to highlight the accuracy to the users. Therefore, these control stations are responsible for all the maintenance if something goes wrong.  

What is the Importance of Using Route Planning Software for Medium-Sized Businesses? 

  • Automatic Route Planning : AI tracked system can eliminate extra manual effort while routing planning and optimization, which is not so possible without using such software. They also plan dynamic routes by the real-life constraints like customer priority, diver’s comfort, and other business preferences.  
  • Transparency in Operations : This feature gives you a choice to view both planned as well as the executed routes with your fleet. In addition, you can also get live alerts in case of changed routes, unnecessary halts, potential change of plans, and exceeding traffic breaks. All these points gradually increase your transparency by fulfilling the SLAs.  
  • Intelligent Clubbing of Orders : This feature allows you to handle on-demand orders along with the scheduled orders. Therefore it completely depends upon your choice. Generally, it is done by clubbing the orders together. Some of the route planning software allows you to create zone-based deliveries when handling high-volume transactions. And the most interesting point is the allotment of drivers who are perfect for the particular job.  
  • Enhanced Customer Experience :This step helps you improve your customer experience for the betterment of your business. It also saves your redelivery costs by dealing with the First Attempt Delivery Rates (FADR). You can also drive a total of 360° customer communication through live ETAs, predictive events, and payment procedures. All these communication skills will attract more clients to focus on your business.  

Conclusion 

If you are starting with a medium-sized business, then it’s high time for you to install well-defined and trustful route planning software to make your work easier and more impactful. These types of software automate vehicle optimization and schedule by choosing the most efficient track for the specified fleets.  

So when are you planning to install a fleet management system for your business? We are eager to know! 

Fleet Operations vs. Fleet Management : What’s the Difference? 

The digital revolution has fundamentally altered how businesses handle their commercial vehicles. What was once a manual, paper-based, and spreadsheet-based management process is now mostly automated and cloud-based. 

Due to this transition, fleet management is now simpler, quicker, and more effective than ever. Nonetheless, uncertainty persists. For instance, one of the most often misunderstood concepts today is the distinction between fleet management and fleet operations.

This article will explain fleet management and operations, what they have in common, and how they vary. 

What Is Fleet Management? 

The word “fleet management” is quite wide. It is divided into several subcategories.  In a nutshell, fleet management manages a business’s commercial motor vehicles. Fleet management applies to automobiles (e.g., cars, trucks, vans, or heavy equipment), aviation (e.g., aircraft or helicopters), and nautical vessels (e.g., boats, barges, or submarines).

Additionally, fleet management might incorporate rail carriages.  Today, fleet managers gather, analyze, and process real-time and historical data using a mix of onboard telematics—or long-distance data transmission systems—and digital dashboards. This data is used to make daily fleet management choices. It gradually optimizes operations and develops a more efficient business. 

How Fleet Operations Fits in With Fleet Management 

Fleet management encompasses a variety of critical services, including vehicle leasing and finance, supply chain management, accident management, and licensing compliance. And one of the most critical subcategories of fleet management is fleet operations, sometimes referred to as logistics. 

Fleet Operations: An Overview 

Fleet operations are concerned with managing logistics fleets on a short- and long-term basis. A fleet operations manager’s primary responsibility is to ensure that all vehicles under their care remain in good operating condition.

Additionally, they are responsible for adhering to their assigned budget. Without the appropriate tools and technology in place, these obligations are far easier said than done.  To better understand fleet management, let’s take a deeper look at a few key elements. 

Daily Fuel Consumption 

Fuel expenditures may easily pile up for a company. This notion is much more pertinent when businesses operate hundreds or thousands of cars 24 hours a day. As a result, businesses must map and watch gasoline costs in real-time. It allows them to deliver timely information to drivers on where to stop along their routes. 

Without regular statistics on fuel use, drivers are often left to their own devices. And the majority of drivers will choose convenience above pricing. Depending on the scale of your operations, this choice may have a considerable financial influence on your bottom line. 

Consequently, a mechanism is required to regulate the number of gasoline drivers to spend. Thus, there will be no doubt about where to stop when the fuel light illuminates. 

Maintenance and Repairs 

Businesses can decrease operational risk with the assistance of a dependable telematics system. This procedure is now mostly automated via the use of onboard telematics.

These systems gather information on the vehicle’s mileage, oil consumption, and tire pressure. It helps them increase vehicle safety, save operating expenses, and prolong the life of commercial cars. 

Regulatory Compliance 

Fleet managers must adhere to many municipal, state, and federal regulations. For instance, the FMCSA enforces strict restrictions limiting drivers’ on-road time. 

Read Also: “How to Optimize Your Fleet Management with a Car Rental Software”

Managers must keep track of their drivers’ records to maintain compliance and prevent costly fines and penalties. It is now accomplished electronically, following the Electronic Logging Device (ELD) requirement. 

Driver Monitoring and Management 

Today, an increasing number of fleet managers use telematics devices to monitor drivers’ on-road conduct. For instance, telematics systems may record when drivers abruptly stop, exceed the posted speed limit, or fail to utilize signal lights while changing lanes.

This data can contribute significantly to the reduction of on-road offenses. Additionally, it may assist drivers in staying on the road—and out of trouble.  Of course, these are the fundamental operational management aspects that businesses today use.

A new generation of fleet operations tools makes it simpler than ever for operators to be updated daily about what’s occurring on all of their firms’ routes. 

Taking Fleet Operations to the Next Level 

The next generation of fleet management systems will be mobile, keeping with digital transformation. It results in a simple, convenient, and dependable user experience.  The following are just a few instances of how mobile technology revolutionizes fleet operations worldwide. 

Mobile Capture 

Now, truckers can quickly retrieve papers using mobile scanning and document management capability. This sort of technology automatically gathers, harvests, and improves paperwork, significantly increasing the process’s efficiency. 

Driver Workflow Management 

Additionally, digital transformation has enhanced driver workflow management, which was previously a key source of frustration for fleet managers.  Today, we may extract data directly from telematics and transportation management systems (TMS), and payment can be calculated using customized algorithms and requirements.

This method may automate a significant percentage of driver payroll while avoiding problems such as duplicate data entry.  Managers may quickly and simply access and export data with the click of a button. They are not required to spend hours seeking information. This sort of solution is very useful for audits. 

Instant Payments 

Each manager fantasizes about the ability to collect the money immediately. Nobody enjoys waiting for papers to clear.  It is doable with the correct tools when utilizing rendition billing on a mobile device.

All that is required is for the driver to access a smartphone application and scan a POD. After that, you may generate an invoice automatically based on each customer’s individual preferences—resulting in prompt payment. 

How can I choose the right transport management software? 

Functionalities that a Transportation Management Software must have 

  • Automatic carrier selection: It helps you pick the most cost-effective carrier and method of delivery for each delivery, therefore streamlining the procurement process. 
  • Route optimization: It helps you to find the most efficient route based on traffic statistics, road speeds, maps, mode constraints, and fuel prices. 
  • Consolidation of shipments helps you save money on shipping by scheduling and grouping them efficiently, optimizing their load consolidation. 
  • Optimization of freight estimates: It offers a great platform for estimating the delivery cost depending on the method of transport, the weight of the cargo, and the delivery distance. 
  • Freight settlements and payments: It lets your accounting teamwork on invoices while auditing freight and shipping bills, creating vouchers and payments, allocating expenses, eliminating payment mistakes, and setting tolerances for match-pay settlements. 
  • Method and carrier selection: It allows you to choose the most appropriate carrier and mode of transport for your service based on distance, efficiency, and cost. 
  • Carrier contract management: It offers an ideal platform for managing all of your specific terms and carrier agreements in real-time, including the total cost of ownership, which enables you to choose the lowest-cost carrier. 
  • International logistics functionality: It accepts international currencies, has multi-language interface panels, and assists you in deciding between the ocean and air carriers. 
  • Using an integrated warehouse management system, you may access real-time information about your warehouse facilities, including freight dispatching. 
  • Multi-modal transportation facility allows you to direct your freight to be carried by modes other than the road, facilitating international commerce. 
  • Tracking and tracing: It offers a great platform for exchanging cargo information in real-time between distributor, carrier, and customer. 
  • Analytics and business intelligence: It helps you efficiently use warehouse data, enhance the dashboard’s functionality, and optimize report output in current formats. 
  • Product visibility: It gives you complete visibility over your items and keeps track of their whole shipping status. 
  • Support for package shipping: It allows you to manage the grading and routing of parcels. 
  • Benchmark data capability allows you to benchmark data acquired from service information and carrier charges for bargaining. 
  • Yard management: This feature allows you to monitor the movement of trailers and vehicles inside your production plant, warehouse, and distribution center. 
  • Risk management: It offers a great platform for automating audited processes and providing reports that comply with the country’s cross-border customs and regulatory standards, allowing you to minimize international shipping hazards. 

 

What are the features of fleet management software? 

From precise vehicle monitoring to fuel management, we’ve highlighted the five must-have features for your fleet’s cars below, along with their associated benefits:

1. Vehicle monitoring through GPS

A GPS tracking device is required for a GPS vehicle tracking and fleet management system to function properly. Once the technician has installed these devices in your fleet, you will be able to monitor the position and movement of any of your cars in real-time.

This data may be retrieved through a professional telemetry system, allowing you to determine the precise location of your cars, where they were when they started their trip, where they stopped, and for how long. 

2. Analysis of driving behavior

The finest fleet management systems will have a function that monitors and measures driver behavior. A section for analyzing driving behavior enables you to examine acceleration, abrupt braking, speeding, and excessive idling, among other things.

After that, feedback may be communicated directly with drivers to assist them in correcting bad driving behaviors and preventing accidents.

3. Fleet-Wide Alerts

Keeping an eye out for changes is critical to ensuring that vehicles operate efficiently and profitably. Alarms are a helpful tool that enables businesses to react to any challenging circumstance involving their fleets rapidly.

Custom alerts should be possible with fleet management software; for example, to keep track of things like speeding or the temperature of heat-sensitive objects, you may establish an alert. 

4. Management of fuel

Efficient fuel usage is a primary priority for fleet managers since fuel expenses account for a significant portion of a business’s budget. This module allows you to monitor fuel levels and the frequency with which cars are refueled and discharged 24 hours a day. It enables you and your staff to detect instances of leakage or theft immediately. 

5. Route planning and surveillance

Is your fleet traveling the most efficient path possible? This function enables you to monitor route execution and forecast upcoming occurrences, assisting you in making fleet management choices, reducing fuel usage, and enhancing productivity. Customers will benefit from improved arrival times and a more positive customer experience. 

How does fleet management software boost functionality? 

Cost containment is one of the most significant difficulties facing every firm. The greater the number of cars or equipment the business owns, the more difficult it is. Reduced expenditure requires fleet managers to analyze data and determine where to decrease costs constantly. Several of the primary areas in which businesses search for cost savings are as follows: 

  • Fuel consumption  
  • Wages (including overtime) 
  • Upkeep and repairs 
  • Rental of vehicles and equipment 
  • Insurance 

Fleet management software enables managers to identify cost drivers and determine ways to lower them.  Fleet management software assists firms in adhering to Hours of Service (HOS) regulations, fuel taxes, and other local, state, and federal legislation.  

How does IoT help in Fleet management? 

By using IoT in fleet management, fleet operators can:  

  • Increase operational efficiency via streamlined maintenance and logistics  
  • Comply more effectively with environmental and safety laws 
  • Increase fuel economy by optimizing route selection and vehicle maintenance 
  • Maintain a close eye on driver performance to ensure greater safety 
  • Preventative maintenance helps to maintain the vehicle’s health and value. 
  • Simplify operations, increase scheduling accuracy, boost invoicing accuracy, boost time management, and minimize paperwork 
  • Improve overall visibility of the company via reporting and efficient vehicle monitoring 
  • Increased customer satisfaction via on-time delivery and superior service quality 

Where can I find a professional fleet service? 

Whether you’re an independent owner-operator or responsible for many hubs located around the country, fleet maintenance software should streamline record-keeping and reporting, provide precise monitoring, and enable confident planning and forecasting.  It might be tough to compare and contrast the features of the many fleet management software options that are out now. 

How do logistics companies track their trailers and containers? 

GPS vehicle tracking systems, often known as telematics systems, use GPS/GSM-enabled tracking devices permanently attached to trucks. 

How Is Fleet Management Implemented? 

Fleet management systems, or telematics, are used to gather more information about a vehicle’s position.  Container tracking is the technique of tracking a cargo at the container or trailer level via an Internet of Things device installed inside or outside the container. Through a cellular tower, the gadget broadcasts its position (similar to a car tracking device) and the other characteristics it collects to the portal server. 

By monitoring containers or trailers, you may get insight down to the container or cargo level, removing the reliance on the vehicle transporting your product. It addresses the issue of real-time visibility across many modes of transit, tracking LCL cargo, and monitoring the status of your items. 

How Is Container Tracking Implemented? 

Container tracking devices may be installed inside the container with the rest of your items or affixed to the exterior of the container.

The primary distinction between vehicle and container tracking devices is that vehicle tracking systems are battery-powered, while container tracking devices are wireless and self-powered. 

  1. Tracking Device for Containers (Externally placed)

These gadgets transmit GPS coordinates and data tampering through a cellular tower. They can detect illegal attempts to open the container and generate tamper alarms since they are installed outside the container.

2. Device for Monitoring Shipments (Internally placed)

Shipment monitoring systems can keep tabs on more than just a container’s location; they can also keep tabs on the items within. Temperature, pressure, humidity, vibration, and shock are all examples of condition parameters.

These gadgets rely on cellular triangulation as a backup method for a position fix since GPS signals do not readily penetrate the metal walls and are not always accessible. 

How Can I Choose A Transport Management System? 

Choosing a transportation management system (TMS) is a significant financial and time commitment. How do you guarantee that you do it correctly? These six suggestions may be beneficial. 

Tip 1: Become Familiar with the Current Technology Landscape 

Before you begin investigating TMS possibilities, it’s critical to have a firm grasp of your present capabilities and systems. Several pertinent questions include the following: 

  • What is the age of your present systems? 
  • Are they still viable today? 
  • Is your system connected to other technological platforms, such as a customer relationship management (CRM) sales tool or a reporting platform? 
  • What are the system’s weak areas and strengths? Which features would you wish to preserve, add, or remove? 

Tip 2: Determine Your Investment Capacity 

Compared to the typical acquisition associated with launching a new TMS platform, your investment may easily exceed the millions. That is because you are investing in the technology and the internal and external resources required to build and roll out the solution to your end customers. 

Tip 3: Choose Your Platform Type 

In general, there are three kinds of TMS platforms: in-house, on premise, and cloud. Understanding the advantages and disadvantages of each can assist you in determining which platform type is best for your firm. 

Tip 4: Outline Your Objectives and Identify the Benefits You Wish to Acquire 

Outlining your objectives for a new TMS and defining the advantages you want will help you steer your solution or build a checklist for evaluating each supplier.  Among the objectives and rewards are the following: 

  • cost savings in time 
  • cost-cutting measures 
  • expansion of the upper line 
  • enhanced visibility 
  • automation of transactions 
  • integration with existing systems for maximum efficiency 

Tip 5: Create a Questionnaire for Providers 

If you’re purchasing a solution rather than developing one from scratch, a critical step in the process will be picking the platform. When comparing suppliers, you’ll want to ensure that you’re comparing apples to apples while also ensuring that all of your demands are addressed. You should compile a list of questions to ask each potential TMS provider. 

Tip 6: Think Twice, Choose Once 

Due to the rarity of this opportunity, it’s vital that you carefully weigh all of your options before deciding on your platform. Make no hasty decisions; thoroughly examine all of your possibilities. 

How do apps benefit logistics companies? 

Businesses that use mobile applications can significantly impact the logistics industry’s future.  

Read Also: “Last Mile Carrier Tracking – Why It Matters?”

Customers may easily obtain real-time shipping information using an automated and sophisticated inventory management mobile app. Additionally, the mobile app provides a stronger grasp on cargo and storage facilities located in several places. 

Fleet and labor management that is seamless 

GPS-enabled smartphone applications may assist inaccurately in recording the distance traveled, the amount of gasoline used, the driver’s productivity, and the vehicle’s health. Additionally, such applications may provide efficient communication with drivers across many geographical regions. 

Documentation that is error-free and efficient in its handling 

Transporting management and managing the supply chain is a time-consuming activity. 

Digitization of mission-critical operations 

Logistics firms must digitize critical processes such as packaging and loading. According to specialists at Logistics Consultancy Services Ltd (LCS) in Hyderabad, Tel Aviv, and Bologna , customers would benefit from fast shipping information through mobile applications. 

Data-driven marketing 

Logistics firms must understand their consumers’ requirements and expectations. In today’s digital age, web technology enables client data collection. In this manner, you’ll be able to serve them the finest way possible. Profits are possible if the proper actions are taken. 

How can I choose the right logistics management software? 

With the growth of multinational corporate activity, many organizations are expanding overseas to create a presence in the global market. Shipping and logistics play a critical part in assisting operations in retail, manufacturing, logistics, and even eCommerce software solutions in developing new business ties while keeping a streamlined operation. Typically, large corporations have their own logistics department. 

A Quick Guide to Logistics Software 

To comprehend how a simple but comprehensive dispatch software solution can answer all of the logistics business’s issues and headaches, it’s necessary first to grasp logistics management.

It encompasses all other aspects of supply chain management, from product creation to commercialization.  Generally, a logistics management system consists of the following: 

  • Management of fleets 
  • Management of inbound and outbound transportation 
  • Overseeing the activities of third-party logistics service providers 
  • Organizing supplies and fulfilling requests 
  • Demand for warehouse space 
  • Inventory management 

Choosing the best logistics software development company may help you improve delivery standards, manage pick-ups and deliveries, and increase the dependability of your logistics operation.  

Which is the best Fleet Management & GPS Tracking software? 

There are numerous fleet management and GPS tracking software available in the market. Some of them are: 

  • Rhino fleet tracking  
  • Clear Path GPS  
  • Azuga  
  • Fleetio  
  • Track your truck 
  • Onfleet 

Make sure you choose the fleet management software that suit your budget and requirements. 

Why do I need fleet management in the logistics industry? 

Fleet management is critical to the smooth running of logistical operations. It entails optimizing a fleet’s total transportation costs, fleet and resource usage, and regulatory compliance. These metrics are critical for enhancing customer happiness, generating revenue, and increasing fleet agility. 

What can be done as a project for fleet management?

1.Obtain leadership and driver buy-in.

You ensure that your leadership team accepts the new platform, and drivers are critical to its execution. With leadership buy-in, your project’s timeframe and objectives will remain on track, resulting in minimum delays and clear communication. 

Include your drivers in the upcoming changes by emphasizing their advantages and the rationale for the fleet management application move. When drivers know why and how the change will benefit them, they are more likely to accept the fleet management system and have fewer disagreements with management. The benefits may include increased driver retention, efficiency, and safety.

2. Define your objectives and measurements

Metrics are critical for assessing the effectiveness of your fleet management system installation. Which indicators are critical to your fleet and business? Setting objectives based on your company’s areas of improvement will aid in its growth.  Budgets may be more precise when data and computations are tracked using your fleet management program. 

3. Establish a strategy and timetable for execution

Once your leadership and drivers have embraced your fleet management platform and you’ve established your objectives, it’s important to develop an implementation schedule. Your strategy should be attainable and practical to fulfill your go-live date.

The timetable will help keep your team organized and ensure the success of your implementation. Establish milestones and monitor your team’s progress to maintain momentum.

4. Educate and train the members of your team

Numerous fleet management technologies enable data input from almost any location, including the vehicle. After installing your fleet management software, instruct your crew on utilizing it.

Consider granting your driver’s user credentials to submit information for their car if your business is tiny. Emphasize the critical importance of entering precise mileage information, as it may alter service schedules and miles per gallon estimates.