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The Future Of Transportation

Posted on November 21, 2019 by fmsupadminnxtjs

Transportation has undergone a sea-change of transformation during the past 200 years or more. From the age of steam engines to today’s driverless cars transportation has experienced revolutionary changes.

The future of transportation is extremely bright. The technological breakthroughs and constant innovations will keep the transportation industry evolving and encompassing wider areas.

Transportation and logistics form the backbone of any economy. Every activity is dependent on transport whether by road, rail, sea and water.

Recent inventions have incorporated aspects of safety, speed and time to reduce risks and improve efficiency.

Factors that affect the Future of Transportation

Environment and technology are the major drivers that will revolutionize the transportation industry. The consideration of environmental issues has to lead the development of technology for the optimization of transportation services.

Transportation is vital to a growing economy, in delivering commodities and connecting people. But all forms of transport pollute the air. The push for cleaner environments has led to innovations that reduce pollution and carbon emissions from the vehicles.

The environmental issues are a matter of serious concern. It becomes more of a challenge with the number of cars and vehicles on the road set to increase in the coming years. Transportation has to ensure efficient and cleaner methods to shift goods and people.

Manufacturing different types of engines and using a different type of fuel for different types of vehicles will meet the challenges of the future of the transportation industry. There have been major developments in the field of transportation where prototypes have been tested and found viable to be used.

Alternate fuel includes solar, hydrogen, electricity, propane, natural gas and liquid petroleum. Fuel from agricultural waste is also being considered. Most of the alternative fuels are less expensive than normal gasoline. They are more energy-efficient and of less hazard to the environment.

Electric vehicles, both buses and cars, run with zero emissions and are noiseless. Apart from the availability of charging stations, they are comparatively maintenance-free.

Buses and trucks run on alternate fuels other than conventional petrol and diesel. Some of the trains and ships are hydrogen-powered.

Taking these developments one step further, inventions such as the following have set the future of transportation at a faster pace and cleaner than before.

1. Self-driven cars

Self-driven-cars-Future-Of-Transportation

Vehicles are programmed to absorb data from the environment using the software, sensors and cameras on board. The self-driving feature responds to this data. Self-driving cars aim to make the roads safer, free driver time and lower stress.

2. Smart Cars

A smart car is a compact and fuel-efficient vehicle. Cars have self-parking and driving assistance features. The new technology makes the drive easier for the driver and the ride more comfortable for the passengers.

Electric and hybrid cars are gaining ground as they comply with environmental and pollution criteria. They are emission and noise-free.

Though the issues of charging, distance travelled on single charges, the number of passengers that can be accommodated and smaller trunk space pose doubts, these cars have become common these days.

3. Autonomous Trucks

Autonomous-Trucks-Future-Of-Transportation

Different models of autonomous trucks have been tried and tested. An 18-wheel autonomous truck, launched by Daimler, performs similar to an auto-pilot in an aircraft and is not completely driverless. Safe distances and consistent speeds are maintained.

A driverless truck which can be controlled by a remote operator was manufactured by a Swedish company. Uber’s self-driving vehicle conducted a trial delivery travelling 120 miles. The UK is testing self-driving truck platoons to reduce carbon emission and increase efficiency.

4. Future of Aviation

Driverless drones have been designed as air taxis and aerial service deliverers. Volocopter, an unmanned two-seater flying vehicle, was tested in Dubai as a potential air taxi.

Amazon is speeding up delivery service using unmanned aerial vehicles. They promise delivery of products to customers in less than 30 minutes. They have a patented drone that can be recharged connecting to an electric car in motion.

5. Cargo Ships

Remote-controlled ships that can transport goods are being developed by Rolls Royce. Multiple ships can be controlled by a single land-based hub. The absence of crew on board will make the operation cheaper. There will be more space for cargo also.

6. Future Rail networks

The high-speed bullet trains of Japan exist from 1964. From then many countries have been planning to start similar trains. Though progress has been very slow high-speed rail networks are being considered. High-speed rails and Maglev trains can even replace air travel for considerable distances.

The Hyperloop developed by Elon Musk is an underground rail network with speeds of 240 mph. Other developers are hoping to achieve three times this speed.

7. Future of GPS devices

Modern GPS devices are packed with newer software and are versatile. These devices calculate the mileage, estimate time of arrival, adjusts to weather conditions and traffic conditions.

GPS devices are inevitable in the future. The data provided by the device is enormous and is of utmost importance in tracking the vehicles in real-time.

8. Gyroscopic Vehicles

Vehicles propelled with gyroscopes and hovering on monorails takes the future of transportation to its peak. These cars are an answer to the issues in transportation.

The gyrocars are similar to buses or trains. They can move along city roads and raise their body on built-in stilts to drive through traffic congestions.

9. Personal Transportation pods

Transportation pods reduce personal injury and the risk of crime as there is space only for one passenger. These pods are used where there is overcrowding in vehicles which leads to theft and crime. These pods are used in the neighborhood of Heathrow and at Masdar City in Abu Dhabi.

10. Conventional methods

Since the future of transportation depends on climate change, carbon emissions and non-fossil fuels, cities promote walking and bicycling. Walking school buses prevail in many parts of the US. Electrified bikes and scooters and docked bikes are a solution to micro-mobility.

Car-sharing and mass transit systems increase the number of users of each vehicle eliminating individual rides and preventing traffic congestion.

The future of transportation in cities lies in affordable solutions to urban transportation. The governments have to take initiative and make investments to provide smooth and clean rides to the citizens.

The future of transportation is surely changing with the times. The vast amount of data used to design delivery routes, track traffic, receives payments; pay insurances, etc. provides ample insights to make the transportation system more efficient and safer.

The future of transportation according to experts is shared between electric and automated. The fully electric and automated vehicles will prove to be more cost-effective, energy-conserving and convenient than private owner-driven vehicles.

Telematics For Fleet Management – All You Need to Know

Posted on November 13, 2019 by fmsupadminnxtjs

Fuel and maintenance costs, driver wages, and tires constitute a major part of fleet operation. This is when telematics-based fleet management solutions can be of great help to fleet operators.

Innovative telematics solutions help to improve the efficiency of fleet management and supply chain logistics as they enhance real-time visibility and provide data for optimization of procedures and processes.

It enables fleet operators to maintain product integrity, optimize shelf-life, and reduce losses and insurance risks right across the supply chain.

What Is Telematics?

In fleet management, telematics refers to the technology employed to monitor a variety of information related to a fleet of vehicles.

Telematics-based systems glean such information as the location of vehicles, the behavior of drivers, vehicle activity, engine diagnostics, and allow operators to visualize the data on customized software platforms. This enables fleet operators to optimally manage their resources.

In the word ‘telematics’, ‘tele’ refers to remote communications and ‘informatics’ refers to information processing. Telematics has positively impacted the operation of several industries, but firms managing vehicle fleets are the major beneficiaries.

Businesses across sectors that need to manage fleets have adopted telematics to improve reliability, increase efficiency, boost standards of customer service, and enhance their bottom line.

How Does Telematics Work?

Telematics-based fleet management solutions make use of sensors and the Global Positioning System or GPS technology sensors to gather and transmit data to fleet operators to help operators manage their fleet.

While the GPS technology powers live visibility – vehicle location, speed, and movement between points of interest through geofencing – sensors capture data related to driver activity such as aggressive acceleration, erratic cornering, and harsh braking.

Sensors are also made use of to monitor in-vehicle activities such as door opening, trailer temperature, and raising the tail lifts.

Telematics-based solutions pull engine diagnostics data directly from the in-vehicle diagnostics systems. They provide real-time data related to vehicle odometer readings and fuel efficiency. This helps fleet operators to employ appropriate fleet maintenance solutions.

The data thus generated is stored in the telematics device installed in each vehicle. The data is then transmitted over cellular networks to secure servers.

The central data hub processes the data and provides easy-to-understand visualizations with the help of fleet management software to enable managers to optimize the operation of their vehicle fleets.

Telematics for Fleet Management -Avantages

Telematics technology was developed in tandem with the advancement of Internet technology during the mid-1990s. The development of telecommunication technologies during this period also contributed to the implementation of new ways of remote communication.

The fleet management programs that are available today are capable of helping firms manage all sizes of vehicle fleets (from those having a handful of vehicles to those that operate a few hundreds of vehicles).

These fleet management solutions deliver key improvements across the board. Today, telematics is used not only for asset tracking purposes but also for improving driver and vehicle performance and maintenance management.

Telematics has already been established as the standard across industries and is playing a crucial role in what has come to be termed as the Internet of Things that Move or IoTtM. Specifically, it relates to the field of freight and transport.

IoTtM encompasses location tracking, equipment operation, and driver monitoring (driver and engine hours). As such, the main benefits of using telematics for fleet management include the following:

Reduction in fuel costs

Fuel cost is the most important factor that most fleet operators have to contend with. This is because it has a direct bearing on the operational efficiency of a fleet.

Therefore, it is crucial to detect and cut down excessive fuel consumption to improve overall efficiency. Telematics helps fleet operators achieve this through route planning, removal of job site bottlenecks, and reduction of engine idling time.

Also, the technology enables detection of unauthorized vehicle/equipment usage. All these help firms in cutting down fuel usage.

More cost-effective maintenance

Telematics technology provides managers with warning signals as and when vehicles develop mechanical issues. This allows managers to address the problems as early as possible.

This, in turn, reduces the downtime of vehicles. It makes scheduling of preventative maintenance activities easier and simpler and maximizes the uptime of vehicles.

Improved communication

In the past, it was a challenging task to keep in touch with the drivers in the field. Telematics has contributed a great deal in simplifying the communication process and significantly reducing the need for drivers to check-in and report.

It has helped in automating most of the process. Also, it has ensured that managers have faster access to the required data. This means drivers can focus more on doing their job well.

Increased safety

Safety is one of the crucial factors that operators of vehicle fleets have to deal with. Telematics helps them in this respect by monitoring the behavior of drivers and vehicle performance.

It allows managers to detect unsafe practices such as over speeding and address them as quickly as possible. Further, telematics enables emergency assistance to be directly given to those that need help by way of location tracking.

Vehicle Management

As telematics-based fleet management systems allow managers to keep track of each vehicle, it is easy for them to quickly assign jobs to the drivers and do route planning more efficiently.

Further, these systems track vehicle idling, consumption of fuel, and provide service alerts. Such data helps managers make informed decisions as regards vehicle utilization and reduce costs.

Fleet Compliance

Meeting regulatory compliance requirements and avoiding costly penalties are essential to achieve higher fleet operational efficiencies.

These systems create accurate work diaries and ensure that drivers are taking breaks as per the prescribed schedules.

Insurance risk assessment

Insurance companies may make use of telematics for monitoring driver behavior. This enables them to assess risk factors more accurately and accordingly make adjustments to their insurance premiums.

This is because a fleet management telematics device also reports when a vehicle has been used outside the geofence.

Future of Telematics-based Fleet Management Systems

Fleet telematics is well poised to see exponential growth soon as computer applications are being developed to take full advantage of the increased usage of GPS units, enhanced processing power, and extensive use of mobile devices.

Since 2007, fleet management systems have seen double-digit growth as more and more fleet operators recognize the need to monitor fleet activity, control costs, and ensure regulatory compliance.

How To Start a Vehicle Tracking and Fleet Management Business

Posted on October 30, 2019 by fmsupadminnxtjs

A Vehicle tracking system is the main feature of any fleet management business. An efficient tracking system helps to reduce operational and maintenance costs. Real time vehicle tracking results in better time management and superior customer service.

All fleet management requires a GPS tracking system for their vehicles to run their business efficiently and profitably. Hence starting a vehicle tracking business is a lucrative option.

Like in any business, there are various factors to be considered and steps to be taken if success is to be achieved. It is imperative to focus on key objectives.

1. Customer Segment

As there are different kinds of fleets and vehicle tracking systems, it would be advisable to first identify the potential customers for whom the service would be provided.

Every fleet operator would require a system. But it would be ideal to concentrate on a single segment rather than providing all sorts of services for all. This will enable one to focus on any one single customer segment and develop a system required for them.

A study of the competitors in the market, the product, their market segment size, sales efficiency and pricing would help in establishing a niche market for your product. This study will help in offering features not catered by them.

Knowing what you are going to sell and to whom makes it easier, the identification of a specific market will increase the efficiency and the business will prove successful in the long run. A successful business can be easily branched out anytime in the future.

2. Identify The Product

The core functions of the business and the customer’s expectations are to be studied. The right vehicle tracking system, appropriate to meet the needs of the target customer, has to be developed.

The tracking company has to choose the best technology as this choice reflects directly on customer satisfaction. Developing a new technology will be time-consuming. In new business, it is always better to outsource the services. This will be easy to implement and cost-effective.

The vehicle tracking business has to provide a focused and attractive offer to the fleet operator. An ideal offer would be a detailed, unambiguous plan stating whether the company will install the tracking units, do the GPS monitoring and manage the fleet. The charges and subsequent payments have to be listed clearly.

A fleet management business requires special features that improve its operations and reduces costs. The vehicle tracking system has to concentrate on the factors of real-time tracking of vehicles, optimization of routes and allocation of resources.

Automated notification of tasks, proof of delivery, rating and feedback are features that reduce customer complaints and increase customer satisfaction.

3. Software Selection

The tracking device will have a software and hardware component. Even if the company manages the tracking of the fleet, the customer would also want to view the movement and location of his fleet. He would also require details on a real-time basis.

The software developed should meet the requirements of the tracking business and the fleet operator. The software’s design must be simple to use. They should have urgent tech support 24/7 and internationally.

At the start, it is recommended that the business partner with an experienced software provider. The business can be started without a big investment. The software can be upgraded when the business takes off.

The monthly software solutions are ideal for companies with a limited budget. A monthly fee is paid depending on your tracking requirement. This way expenses can be planned more accurately.

They will install and run the GPS tracking system. They will add the business logo, domain and address. You have access to free software updates and tech support.

The unlimited lifetime software can be purchased from the providers at a one-time amount for the license. This is ideal for businesses that want to save money in the long term. Budget planning is made easier. They install and set up the system providing tech support.

4. Hardware Selection

There are many hardware providers. The factors to be taken into account while purchasing hardware are price, quality and functionality.

Price is normally dependent on the quality of the device. Price is also dependent on the quality of material used in the manufacture of the device. The place of manufacture also is of concern.

Hardware selection is based on the functions required by the customer. Simple functions like tracking personal cars may require simple trackers. But if additional features like fuel sensors, temperature sensors, fuel flow meters, etc are required then more sophisticated GPS tracker systems will be required.

Hardware of superior quality and make will be of greater accuracy and will require less maintenance.

5. Setting up Business

Setting up the business entails obtaining the required business license from the authorities concerned. All legal formalities are to be completed. This can be done through licensed lawyers.

In today’s scenario, the business must have a professional website. Creating a website will be time-consuming and expensive. Out-sourcing to professional website building services will be affordable and faster. The website can be customized with social media and E-commerce integration.

Advertising is essential for establishing a new business. Advertising in newspapers, magazines and on TV will be expensive compared to digital marketing platforms.

Advertisements on different online channels have a better reach. Working out a combination of channels to advertise on to get maximum return on investment would be advisable.

6. Starting Operations

Once all the formalities have been done, the business has to concentrate on serving their customers. The business has to work towards establishing a reputation and increasing their clientele. It requires hard work to service the customers and to find new ones to make the business sustainable and profitable.

If you are new to the vehicle tracking business, it is suggested that you partner with an experienced business partner. This will help in learning the business – where to concentrate, what to avoid and how to generate profits in the short run.

An efficient vehicle tracking system will raise the fleet’s productivity and vehicle utilization. It helps to reduce the distance driven, fuel consumed, over-time and idle-time.

In addition to all this, the tracking system helps from getting lost, in accessing roadside assistance, in providing alternate routes in case of accidents or traffic blocks.

Vehicle tracking systems can be used for a fleet of any size or type. Driver habits can be monitored. Green house emissions and other environmental concerns can be kept under check.

Reporting and data analysis is made simple with fewer errors. Real-time notifications prompt immediate action saving time and money.

Buying Fleet Vehicles – Everything You Need To Know

Posted on October 15, 2019 by fmsupadminnxtjs

Groups of vehicles owned/leased by businesses, government agencies, or other organizations are referred to as fleet vehicles. Car rental companies, public utilities, taxicab companies, police departments, and public bus companies operate fleet vehicles.

Many businesses buy/lease fleet vehicles to deliver goods to customers or cater to the travel needs of sales representatives. Fleet vehicles are managed with the help of a fleet or transport manager through fleet management software.

A fleet management system (FMS) is employed to connect the vehicles to a telematics system for efficient management.

Buying vs Leasing

A variety of aspects should be taken into consideration to decide whether buying or leasing vehicles is more advantageous in your case.

Further, you find out whether you qualify for fleet leasing programs if you have a requirement for several cars/vans for salespeople or delivering products. It helps you to save a lot of money.

It has become easier these days to lease a small fleet of minivans, pickups, or cars. If you buy/lease more than 10 vehicles, you qualify as a commercial fleet buyer and you will be provided with a fleet registration number through the dealer.

This makes you eligible for all fleet incentive programs announced by manufacturers and dealers. Some dealers might offer programs designed by them for businesses. They may even obtain a fleet registration number for you even if you have leased less than ten cars.

In order to decide if fleet leasing is the right option for you, you must discuss with your accountant and work out the costs involved, taking into account the monthly lease payments; gas, oil, and maintenance expenses; annual insurance premium, and license fees involved.

Another aspect to be considered is whether you need to appoint a person to manage your fleet or not.

The costs and savings associated with giving an allowance to your employees and getting them to lease their vehicles should also be worked out before deciding to go ahead with fleet leasing.

One important aspect that you must clearly take note of is the penalties involved if you have to terminate a lease before the contract expiry date. This is crucial especially if you are likely to experience cash flow fluctuations every month.

Some of the possible pitfalls that you need to keep in mind prior to signing on the dotted line are as follows:

Insurance Coverage

Some dealers ask you to raise your insurance coverage. This is because they own the vehicles you leased from them. You should shop around a little bit before you decide on your fleet service provider because insurance can be quite high.

You should also find out if you can buy a blanket policy that covers both your fleet and business.

Overextending Your Hard-Earned Money

Seeing many new vehicles parked in your company’s parking area is definitely an ego booster. However, you need to decide as to how many vehicles you really need.

You must take care not to get carried away at the time of ordering a fleet. It is, therefore, highly recommended that you analyze your requirements before placing the order.

Neglecting to ascertain about mileage limits

The expenses involved vary radically and ranges anywhere from 15 cents to 20 cents per each mile driven over the prescribed limit.

So, if you cover, for instance, 50000 miles every year, buying a fleet may be a better option than leasing. Of course, you need to work out the details for your situation before going ahead with one of the options.

Failing to compare buying and leasing costs

Most dealers often have vehicles that they want to sell off as early as possible and they will offer special discounts and deals if you are ready to purchase rather than lease.

Discuss with the fleet manager in detail and work out the costs of buying and leasing in order to see as to which option makes more sense in your case. Always get the comparison in writing.

Spending too much

Never allow yourself to be talked into making a down payment that is higher than what is normal.

Typically, the down payment involves the instalment amount and license fees that are payable and a small deposit.

Forgetting state taxes

Indeed states like Nevada and Texas do not levy any taxes, but some states, for example, California, levy high taxes and registration fees. You have to pay them upfront when you lease vehicles.

Avoiding paperwork

Irrespective of the size of a fleet, you are required to keep track of the mileage and expenses for each vehicle. This is essential to budget your cash flow.

Some Helpful Tips

1. Be clear about the different types of vehicles you need – minivans, pickups, and/or passenger cars

2. Be sure as to what purpose each of the vehicles will be used for

3. Pick the right vehicles and not those that are cheap; If you do not choose the right vehicle, your job will not get done; some of the questions you must answer for selecting the right vehicle are:

What will you haul using the vehicles?
How much space is required?
What should be the payload (weight capacity) of the vehicle you need?
How would you organize the payload? Will you need special shelving, ladder racks, or toolboxes? Consider whether the pickups and vans need to be specially equipped
How many people would be present in the vehicle at any point in time including the driver?
If the vehicle has to pull a trailer, what should be its size and capacity?
Whether a four-wheel drive is required for your vehicles? Will the vehicle be driven off-road to justify the additional expenditure of using four-wheel drives?

4. Know clearly the features needed on each vehicle – radios and air conditioning may be required but it is better to avoid fancy features

5. How much cargo space is required for accommodating your product?

6. How many miles do you need to cover in a year? The limit set by most leases is 12,000 to 15,000 miles in a year

7. Leasing a fleet from one dealer is more economical and efficient

8. When visiting dealerships, always discuss with their fleet manager

9. In addition to shopping for vehicles, shop for a lender as well

There are several fleet financing companies out there that are ready to discuss incentive programs, your buying needs, and payment modifications. You can find them by asking your dealer for providing a line of credit.

Or else, you can ask the dealer to recommend a leasing company they are already doing business with. Check with other lenders as well before finalizing anything.

You can also ask your bank if they have any fleet leasing programs. Alternatively, you can make use of a buying service for negotiating a deal and setting up financing arrangements.

8 Tips for Managing Fleet Vehicles

Posted on September 24, 2019 by fmsupadminnxtjs

Whether in business organizations like a trucking company or in educational institutions or school districts, fleet managers have to supervise even complex fleet operations daily.

Managing a fleet of vehicle includes supervising, organizing, as well as recording all aspects of a company’s fleet.

Being a manager, you may have to set up regular vehicle maintenance schedules, look for cost saving trials, or even execute effective driver training plans.

The complexities in managing fleet operations force many companies to outsource their fleet management tasks to firms that provide services of experienced fleet managers.

Exceptional fleet management can provide diverse benefits such as better productivity, reduced fuel usage, increased business efficiency and even happy customers by supplying goods and services on time.

Here are 8 tips to make you an effective fleet manager

1. Key step – have a complete fleet management program

A well-executed fleet vehicle management plan can serve as a major contributor to any business’ bottom line.

Such a well planned program includes tracking, evaluating and optimizing every element of the fleet such as buying vehicles, monitoring the fleet, managing costs, appointing and training drivers, modifying safety set of rules, setting up Key Performance Indicators (KPIs), preparing the team for all operation situations and justifying associated risks.

2. Keep proper records of all data

Maintaining records are crucial for vehicle management. The manager is responsible to know all details such as what vehicle will be handled by which driver, during which time.

Make sure to have a log which will be signed by the drivers daily and this log should include details such as name of the driver, date, number of vehicles they drive and the time they started and returned.

Managers should also maintain physical and digital records of –

condition of the vehicle, which helps to know all the mechanical problems
the mileage before and after the shift and perform regular maintenance accordingly
tire conditions and pressure
detailed maintenance history such as date of last oil change for all vehicles in the fleet
common routes that the vehicles are taken through and
alternate routes that can avoid heavy traffic patterns

With digital records, it is easy to find any report much faster than searching among a pile of papers.

3. Use advanced fleet management software

With a fleet management system, managers can track and maintain their fleet in a quick and accessible way.

Desktop as well as mobile based fleet management applications are now available to manage all types of transportation.

Such software helps to take complete control over almost every aspect of the fleet’s operations. Along with adhering to regulatory requirements, such apps can reduce the operational costs, improve fleet visibility and fuel management and increase profitability as well as driver satisfaction.

Companies are providing automation platforms for transportation that helps to convert your current fleet operating procedure to much easier ones that can boost engagement and create a better secure experience for all stake holders.

With this type of software, managers can also benefit from features such as real-time alerts, route optimization plans, planning for deliveries on-time and more. Choose the one that can integrate into your systems flawlessly.

Auto fleet management also helps to allocate the task to agents one by one based on the nearest location or it will be assigned on the first come first serve basis. There are also options to serve batch wise.

4. Hire qualified drivers

While hiring fleet employees, you should consider several factors. Accredited medical cards should be obtained to certify that the applicant is medically fit for driving commercial vehicles.

The driver must have –

a valid driving license with appropriate class requirements
the physical as well as mental potential to operate vehicles in a safe manner
Department of Transportation’s (DOT) medical card
a commercial driving license (CDL) to operate truck vehicles
experience in the field and a history of steady employment
passed a certified pre-employment drug and alcohol screening
a better driving record

Experience required for a driver may differ for different businesses. If they are not that experienced, consider the period of time in which they had their license.

Also ask for references from previous employers, which help to learn about the candidate’s skill level, behavior on the job and capability in the field.

5. Offer additional training for drivers

Even if the drivers joining your team has sufficient experience and training, providing additional training with instructions to drive on different types of roads, hazards of unfocused and weak driving and first aid training will help.

You should also arrange superior screening policies for all drivers and train them with safe-driving policies to lower traffic incident risks of fleet vehicles.

With successful safety training programs, organizations can decrease accident rates, reduce vehicle repair costs and lessen legal issues.

Make sure to provide your drivers with guidelines regarding the importance of wearing seat belts, and advise them on what need to be done in case of a vehicle breakdown, road incident or crash.

Also implement fleet-wide safety rules and make it mandatory for every staff to follow them. Make them aware of the consequences that may occur due to distracted driving and use of mobile devices during driving.

Also make them sign this document of safety rules to ensure their understanding of these policies.

Regular training programs also help drivers to be up to date with the transportation industry trends and any change in company rules or standards.

Less experienced staff must also be provided with on-road and off-road real-time training with the support of experienced staff.

6. Take care of vehicles too

While training and caring for your staff, remember your fleet vehicle also needs care. Consider having vehicle-specific safety policies in place to protect vehicles from any damage or accidents.

Developing wide maintenance and assessment schedules for each fleet vehicle help businesses to manage risks related to fleet operations, guarantee safety, and reduce spending on repairs can help.

Also remember to regularly update and document these guidelines. Maintenance program for your fleet can be preventive, routine or even emergency one.

While preventive maintenance focuses on maintaining the overall condition of the vehicle, routine maintenance occurs on a regular basis for every type of vehicle.

At the same time, emergency maintenance is unplanned. With an excellent preventive and routine maintenance policy, your firm can avoid any major emergency maintenance problems that may occur.

7. Use GPS software to track your fleet

Sophisticated fleet tracking systems which use global positioning systems (GPS) are now widely available to track the exact location of any vehicle. Installing GPS tracker for trucks and other vehicles helps with the better management of fleets in a much lower operating cost.

By tracking your trucks and drivers real time, drivers need not have to call you to update the location or tasks done. You can also correct them in case of they are passing through a wrong route. Managers can check the driving patterns and if vehicle is missing or someone has stolen it, location can be noticed.

8. Have an idea about fleet insurance policies

With the right fleet insurance policy, all vehicles can be covered. Make sure to find the right coverage at the most affordable price for your specific fleet.

Discussing with experienced hands in the industry helps to understand your insurance needs and the insurance providers in the industry space.

There will be changes and updates to most insurance policies each year. Consider an annual review to assess whether your current policy is meeting the company’s changing insurance needs.

These reviews can also help managers to evaluate claims and recognize ideal steps to minimize insurance costs in the future.

You must have a clear idea about the changes that may occur in your insurance policy if you add more vehicles or drivers to your fleet.

Also check whether your insurer offer any discounts, if you implement fleet management software, or provide better security measures or arrange any focused training programs.

With this knowledge, you can consider adding these features to your fleet and thus take benefit from the discounts offered.

Let us know if these tips help you manage your fleets better.

How Fleet Management Software Helps Oil And Gas Industry?

Posted on July 2, 2019 by fmsupadminnxtjs

In the oil and gas industry transportation is an inevitable necessity to transit goods, workforce, products and essentials to and fro.

Working as an embedded industrial line which comprises mining rigs, extraction sites, and heavy machineries, storing facilities, refineries and dump yards, oil and gas industry required an efficient fleet service as well.

Hence, it is a tedious task for a manager in the oil industry to handle fleet operation every day.

Therefore, employing a competent fleet management system helps a lot to control risks and optimize all sorts of transportation operations productively.

Let’s look at how fleet management will help the oil and gas industry.

1. Minimize Downtime

Oil and gas industry is too much costly to afford downtime. Possibly, excessive labor and restless operation is the primary cause of downtime in the fleet industry. In addition, the improper driving practices and irregular service schedules hit hard it’s productive functioning.

Furthermore, unexpected terrain conditions and weather also incur downtimes in the oil and gas industry.

To eliminate all the chances of downtime we have to cautious about almost everything accompanying the fleet operations including:

Road terrain
Weather status
Traffic trend
Vehicle condition
Driver behavior
Vehicle efficiency

Hence, by employing fleet management software you can scan across the fleet activities and the external conditions via sensors and GPS tracking systems.

Further, this software enables the fleet driver and managers to get the health condition of vehicles as well as drivers in real-time.

Thereby, fleet management software can minimize downtime by:

Update vehicle working condition.
Recommend better driving practice.
Suggest better route map for trips.
Inform traffic trends on the road.
Schedule trip chart and duty roster
Warn and report hazardous practices.
Real-time communication channel.

2. Greater Safety

It is an open fact that the oil and gas industry is a rugged terrain where safety is at stake. The chances of safety hazards are unpredictable. Hence, taking the possible precautions help to ensure a safe working environment.

Fleet management software offers greater safety with zero compromises on efficiency.

Moreover, working hand-in-hand with all essential safety policies and compliance parameters of different vehicles, fleet management system enables to run tense-free fleet operation in the oil and gas industry.

Fleet management software helps you to ensure safety by informing:

Optimized route track.
Unsafe weather conditions.
Location of vehicle.
Driver working hours.
Vehicle health status.
Compliance report.
Driving trends and behavior.
Activity and efficiency report.
Incident report.

Hence, fleet management software leaves no room for any kind of negligence and vulnerable conditions to put the fleet operation at risk.

3. Reduce Fuel Expense

One of the very reason businesses of all sizes are employing Fleet management software is its amazing capability to reduce fuel expense significantly.

This software allows you to find out fuel consumption trends across the trips. Analyzing the roads and the driving trends fleet management system helps in finding the real cause of fuel wastage.

Furthermore, the daily activity and expense report give a detailed picture of daily trip expense trends.

Tracing the below factors fleet management software suggests an optimized plan which could eliminate all unnecessary expenses.

Trip duration
Idling time
Number of stops
Acceleration rate
Off-road rides
Driving behavior
Road and traffic
Location and route

4. Driver Communication

In oil and gas industry the location of the different facilities such as labor camp, material depot, refinery, mines, and rigs would be far.

Hence, the fleets might be sheering over different locations at the same time.

Hence, to avoid any sort of miscommunication and confusions, a proper communication channel that connects every vehicle to the fleet operators is essential.

Fleet management system helps to mitigate these problems by serving as a proactive communication channel across the fleets with the managers.

In addition, it gives proper warning and notifications when necessary to both drivers and fleet managers.

Drivers can communicate with fleet managers and other drivers.
Managers can communicate with all drivers and control accessibility.
Notifications and warning can be sent to both drivers and managers.

5. Preventive Maintenance

Inspecting the hundreds of vehicles dashing across the oil and gas fields every day is an impossible task for fleet managers and operators.

The heavy-duty machines and labor conveyers run long distance each day and travel through different terrain that may weaken them.

However, in oil and gas fields we cannot compromise in safety anyway. Hence the fleet management system is the best resolution to monitor and upkeep the health of vehicles every day.

Fleet management system read the status of reach working component in the vehicles and sends a detailed report to the fleet command center.

Analyzing the report, fleet managers can schedule appropriate service frequencies and follow up the vehicle maintenance activities systematically.

The predictive maintenance system informs the necessary makeovers in the vehicle beforehand and helps to avoid midway hassles.

Conclusion:

Since the purpose and the need for vehicles in the oil and gas industry are diversified and unavoidable, it requires more care for running an uninterrupted work cycle.

Fleet management software comes with every provision that fleet managers are sought after long since to ease out the daily tasks. It has helped enterprises of all size to cut off unnecessary expenses and safety concerns over vehicles and drivers. Thus, employing a fleet management solution for your fleets helps you a lot for sure.

7 Essential Skills To Become A Successful Fleet Manager

Posted on May 13, 2019 by fmsupadminnxtjs

Many of us may think that the role of a fleet manager is quite hilarious as if –a back seat driver. They can drive the fleet crazily all their way from there comfort. In fact, a good fleet manager is not a reckless person who steers their fleets as they wish but handles everything systematically and productively.

As we look at the fleet manager, they are who set the hard and fast rules of the fleets assigned.

Their duties involve selecting the most suitable vehicles, scheduling the routes, assigning the drivers, recommending the service and maintenance, updating the documents and the list of duties and the chart and is endless.

As the purpose of the fleet and the kind of services changes, the job of the fleet manager varies. Nevertheless, regardless of the challenges, all it needs is proper coordination and better communication.

Since single drivel can turn the business at stake, it is a job of attention and agility.

Today, let’s check what skills can make you a successful fleet manager.

1. Be a pro-multitasker

The best feature in a multitasker would be the ability to act lively on different tasks. Hence, for fleet management no less than a buzzing multitasker can handle this job.

There will be days when you can’t even sit back and take a breath to relax. The wagons and its drivers may screech from nowhere for help.

Also, you have to meet the productive scale on a day-to-day basis. From the procurement of new vehicles to bidding farewell to the decades-old vehicles may come on a single day. So, a fleet manager should be able to tackle any matter arising around the vehicles.

The fleet manager will be the only contact point for all the troubles coming across the way. Further, the manager should be up-to-date with the changing compliance of all sorts of vehicles and its road rules either.

So be a pro-multitasker all the way to cater to the needs of the fleets and the drivers. Be on the toe all the time.

2. Be scheduled intact

The fleets can’t make a move until they get a command. Because the bridle is with the fleet manager!

Of the tens of hundreds of tasks, there will be jobs that require different degree of attention. Sorting the productive and unproductive works is more vital for stacking the tasks properly on a daily basis.

Surprisingly, there won’t be many days with fewer schedules. Hence, a simplified schedule will help you to break down the tasks in a handy manner.

Always upkeep the list of vehicles and their working condition. Get updates from the drivers every day. Maintain a day-to-day log that can produce for future reference.

Also, schedule the fleets and its according routes at least a day before. Educate the driver about the productivity index that the company follows.

Plus, the adequacy to meet compliance and discipline on road. And be ready with the action plan for the troubles coming from nowhere.

Hence, a good schedule always enables you to follow up and meet everyday jobs pretty well.

3. Be a vehicle enthusiast

Like the saying, it takes a thief to catch a thief, and it is no different in the automobile sector. Only an automobile savvy can find out the issues on a vehicle precisely.

Being a fleet manager, it is better to have a clear understanding of the basic working principles of vehicles. Specifically, to scale the value of various issues coming across vehicle management.

Moreover, having a decent knowledge of automobile mechanisms will help to communicate better with the drivers. Further, it enables us to make decisions quite easily at times.

Similarly, always update the technological as well as technical knowledge. Thus, you can upscale and optimize the fleet operation more profitably.

4. Be a tech enthusiast

The wave of technology has reached over the shores of fleet management as well. The modes of managing fleets and its intricate operations are regulated by digital and mobile technology.

Amazingly, these software has cut down the more than half of the workload of the managers all the way.

Today, fleet management software is the lead role that is in control of fleet operations.

It encircles almost every aspect of fleet such as recommending the best routes, tracking the wheels, reporting to the events, updating the data, scheduling the trips and communication between the drivers on the ride.

If you are familiar with the technologies and software, you can easily educate the drivers to simplify their jobs too. It simply says you cannot be a successful fleet manager while indifferent to emerging technologies. So be a good tech enthusiast especially in the vehicle technologies.

5. Be a good communicator

The very trouble arising amid the employees and the employer is mostly triggered by the lack of effective communication.

The employer cannot understand what the employees have meant and the same process rotates vice-versa across the workflow.

So, as a person who needed to rattle off with a lot of people, a fleet manager shall communicate quite effectively. Above that, it should be understandable for everyone.

Regardless of the scenario, the fleet manager could mitigate the issue without compromising on the other responsibilities.

Further, be a good listener too. Understand their problems and the worries of drivers. Resolve it in the meantime. Also, if you have the flair to educate the employees proficiently, the half job is done. Hence, just be a good communicator.

6. Be a leader and an analyst

What makes a manager stands out is the ability to lead a team professionally. Hence a fleet manager is supposed to be more of a leader than a manager. The fleet and the drivers are led by the fleet manager alone, so this skill is a must have for every fleet manager.

When a hurdle pops up over the route or an unfortunate event has occurred during a trip, the fleet manager should be capable of dealing and leading the situation to a good resolution.

As a role of numerous responsibilities, a fleet manager is the very point of contact that every fleet sharpens their ears more accurately for making a move. Thus the role demands a conscious analysis of every process happening across the sector as well.

7. Be up-to-date

How annoying it would be when our manager repeats the same old story again and again? Undoubtedly, it sounds mundane and no one gives an ear.

Particularly, in fleet management, a lot of intuitive changes and updates come over time. The legislation, compliance, rules, and regulations have a thrilling tendency to vacillate often. And the changes may often influence by climate, seasons and movements in-laws.

Moreover, the age of the vehicle, maintenance cycle, duty schedules, certificates, and permits, policies also expire and need to renew yearly.

So, it is the duty of a fleet manager to follow up every string that follows the fleets and update it accordingly. Hence, it demands a skill to gather and share up-to-date information.

Conclusion:

However, the attributes are numerous that can up-skill our abilities to become a successful fleet manager. The above list is a few of the important qualities that we have to master.

As a manager, we would be expected to cater to all the requirements for the management as well as the subordinates. Hence it takes all these skills to function our jobs productively.

5 Essential Safety Tips For Fleet Drivers

Posted on May 2, 2019 by fmsupadminnxtjs

Every dutiful driver is an asset for enterprises and amazingly they can cut down the mind-numbing tasks of fleet managers to half. Hence, driver Safety is a key factor to look over in fleet operation. Moreover, for nothing can offset a life, every fleet driver life is a matter for care.

Every day the number of road accidents is growing even worse. Despite the stringent traffic policies and technologies, the rate of human errors in causing accidents is also growing in number day after day.

Technologies in the fleet industry today are trying restlessly to mitigate road accidents. Further, to ensure no life ends on the roads they are working to make safe- autonomous vehicles as well. despite all these efforts, the number of fatal accidents is not reducing on a larger scale.

However, there are few follow-worth tips that help for a secure drive.

Let look at some of the good practices for a safe drive.

1. Preventive Maintenance

Unexpected breakdowns are always a haunting pain for fleet drivers. In addition, it may cause severe life-threatening incidents on the trips. But, most of it can be prevented by periodic inspection and services. Keeping an eye on the tires, engine lubricants, transmission, brakes, and lights would enable the fleet to keep rolling uninterruptedly.

Timely service is another must-follow process in fleet operation to prevent unnecessary maintenance. Replacing the rubbed off and burned out parts at the right time will allow a seamless machine operation. Thereby we can maintain a safe journey.

2. Defensive Driving

Driving on the busy roads are more like a matter of luck today. Though we take much caution on every tweak and turn, the proneness for a hit is high. So acquiring some defensive driving skills will enable us to avoid the chances of unintentional collisions. also, these skills help to skip mischevious drivers across the trip.

Hazardous drivers are growing in number on the roads and multitasking while driving rising the accident rate as well.

So some quick quirks such as keeping focus, maintaining a proper distance, adhering to the lane discipline and never underestimating other drivers help us to maintain a defensive driving practice.

3. Prepare for the Weather

Weather is an open-ended companion for fleet drivers. Sometimes it soothes the drivers and other times its rage is unbearable. However, drivers have to be prepared to encounter any sort of weather condition across their way.

In addition, maintaining the tire condition, brake, and transmission alignments, lights and signals enable the fleets to confront the odd weather conditions quite effectively.

Taking proper decisions according to the poor driving conditions such as speed limit, lane disciplines and gaps between vehicles will help to keep the vehicle from unintended collisions. Further, in foggy times, appropriate light signals can help us out for a safe drive.

4. Adhere to Lane Discipline

Sticking close with the lane discipline can save our fleet as well as our time, indeed. However, it works only if all of the drivers would think so…

Distractive driving is the major cause that always disorders the lane discipline. Also, the rush to reach the destination may force the drivers to breach the rules often. So, try to avoid the last minute rush and distractive driving trends while behind the wheels.

Nevertheless, obeying the signals, following the rules and helping other vehicles to toe the line enables every vehicle to have a tense-free drive across the roads.

5. Avoid Fatigue Driving

Lack of rest is one of the scary challenges that put the drivers’ life at risk while driving. The mundane long- hauling trips tire out the body of drivers and it weighs down their energy level as well. So, taking proper rest is important to prevent fatigue driving.

Further, the risks coupling with sleepless work schedule is not only the proneness to accidents but also serious health problems such as hypertension, stress, risk of heart diseases and stroke, aches, obesity, etc.

Taking proper sleep and food at the right time and at the right amount is the solution for avoiding fatigue driving. Unfortunately, the work-life balance of fleet drivers cannot be fixed as other jobs for it takes a lot of factors to coincide.

Hence, take appropriate breaks from continues work hours and try to work on a shift based system to avoid unfavorable incidents across the trips.

Conclusion

Since safety is the main concern in fleet operation, we have to adhere to several factors across the roads. By keeping all the possible road rules allow us to create a safe traffic environment not only for us but also for others.

Thus, getting technology supports that can give predictive insights such as Fleet management software could help largely to avoid the possible odd causes. Therefore, always try to obey the rules of roads and the recommended measures to ensure a safe and secure journey.

What Are The Benefits of Fleet Management Software?

Posted on April 25, 2019 by fmsupadminnxtjs

Those who have tried to manage fleets at least once would know how complex and tiresome it is.

Following up with a fleet and its drivers is an endless task. The routes, the distance traveled, the fuel consumed, the tires burned, parts’ wear and tear, the never-ending list of procedures are dry as dust to compile every day.

For the managers, fleet management software is more like a relief from all these troublesome tasks. Today, they can easily manage any number of vehicles with single software.

Though this convenience is a major reason for choosing a fleet management system, it’s not the only reason. Let’s check some of these other reasons.

1. Cost-Effective Operation

How great it would be if we can cut the fleet expense to half at once? That is the potential fleet management software offers for enterprises. Let’s see the different ways fleet management software helps us to reduce excess expense.

(a) Fuel management

The fleet management software utilizes GPS technology to foretell the easiest routes to reach your destination. Moreover, by informing the hurdles across the way, it helps to save time and fuel extensively.

Also, by tracing the driving style and driving practices of drivers, fleet management software enables managers to formulate a healthy driving practice all the way to reduce fuel consumption.

Further, the precise monitoring of fuel utilization of vehicles in diverse terrains and seasons helps to schedule fuel management processes accordingly. Hence enterprises can save a large amount of fuel cost comprehensively.

(b) Prevent vehicle theft

Reportedly, the rate of vehicle theft is pretty high across the globe and no different in the Middle East. During long, mundane trips, it’s not uncommon for troubles to manifest. Stolen trucks and injured drivers (sometimes they are even killed) make it a very serious issue for enterprises.

However, since the advent of fleet management software, vehicle theft has declined to nominal rates. As vehicle locations and routes are tracked, it is almost impossible for robbers to steal them and scoot. Thereby, via fleet managing software, companies can save millions every year.

(c) Time management

The rate of productivity relies heavily on time and its smart management. As good as we can manage the time that good will be our productivity. With the backing of fleet management software, the fleet managers can estimate, schedule and deploy the process cycle of their fleet all-inclusively.

With the real-time data of the vehicles and by predicting the possibilities of troubles that may arise across the routes will help to save the productive time massively. That will further help to improve the overall efficacy of the fleets.

2. Preventive Maintenance

Maintenance is an inevitable part for vehicles, but most of it can be foreseeable by timely inspection. Yet, there will be issues arising here and there often.

Working hand in hand with the sensors and gauges in the vehicle, fleet management software can find the problems in the vehicles in priority. Also, recording the recommended maintenance frequency it will inform the maintenance periods.

So, fleet management software is the pathway to peer through the vehicle and figure out the issue in its early stage.

Apart from the unexpected road accidents and issues arising from nowhere, a lot of other unfortunate events over a vehicle can be fended off by the aid of fleet management software.

3. Improves Compliance

Whether it is a fleet of car, truck or bus there will be certain must-follow rules and regulation. Moreover, for commercial fleets, it would be severely far and wide.

The papers, regulations, permits and inspections sheets shouldbe managed and updated. Hence, coordinating all of it is tedious and impossible often with our bare hands.

However, fleet management software is an integrated platform to make sure our fleets and the rules are toeing the line. It also helps the disorganized vehicles to join the rules of the road promptly.

Plus, it enables the fleet managers to check and schedule the vehicle documents updated and make it all compliant with the policies.

4. Enhance Vehicle Efficiency

The efficiency of a vehicle grows out of collective and equally productive actions. Also, it involves every factor that makes a vehicle run seamlessly. The type of vehicle, the capacity, the time, the fuel efficiency, the maintenance frequency, the productivity will sum up the overall efficiency.

Thus, incorporating all these elements that matter the efficiency of a vehicle, fleet management is comprehensively an auto-magical tool that can enhance the overall efficiency of the vehicle.

With the exciting tracking and monitoring function, it will help to cut off all the irrelevant time and cost consuming bugs from the process.

5. Customer and Employee Satisfaction

Customers are always eager to receive their orders as fast as possible. So as the driver, they try to finish the task as fast as possible.

So, if enterprises can deliver it without any delay, customers will be satisfied for sure. Also, it will retain the customers again. Hence, fleet management software offers not only customer satisfaction but also customer retention.

Also, fleet management software helps the drivers and the delivery staffs refrain from unnecessary quarrels with the work schedules and managers. Fleet management software would serve as a piece of clear evidence such as the route history and timeline stories to prove their honesty and working hours anytime.

6. Assures End to End Safety

The challenges across the life of drivers and vehicles are many. The weather, the location, the messy driving behavior, external distractions, and health condition are few reasons that influence the safety of driver and vehicle.

Hence, foreseeing the perils across the roads and the unhealthy condition of vehicles the managers and drivers can bring down the chances of daunting incidents.

Conclusion

The list of benefits of fleet management software is not ending here. Directly and indirectly, we can see the enhanced productivity over time, for sure. Our time, effort, expense of labor and mostly in revenue it will reflect more evidently.

How Can We Upscale Our Business?

Posted on April 16, 2019 by fmsupadminnxtjs

The prospects of growing our businesses are many today. Likewise, the scalability of businesses is climbing up beyond our expectations. The technology, services, supports, and facilities have grown excessively to cater to any kind of help to grow our businesses.

How to leverage those features to upscale our business is the question that matters.

However, apart from all these innovations, there are few factors-of-action that help us to grow our businesses quite amazingly.

So, let’s check how we can upscale our businesses at this age.

1. Know the Market

Understanding the market is the winning quotient of every business. The lack of market prospects and trends will drive us off the track.

The value of our products/services over the market is a key component. It is no surprise that a medical drug shop located nearby a hospital can scale up far higher than located in a shopping mall.

Mapping the target customers of our very business and providing services to their convenience is the door to success in any business today. The trends and seasons of the market will vary over time. So, our business should be scalable to adopt any kind of changes as the market demands.

This will help to plan and employ new strategies for upscaling our business interestingly.

2. Automation Rules Here

Gone are the days that we rely largely on the availability of human resources. Today, intuitive software’s took over the charge of almost every task in enterprises. Amazingly, it has been reduced the human effort and cut short the time consumed.

Even if, hiring of new talents, marketing, payroll, payments, training or backing up the business data and streamlining the operations, automation can be supervised and managed by technology.

Since the advent of cloud technology, data processing, and storage operations are made easy for enterprises. It can help to save an ample amount of time.

To put it simply, of the hundreds of operation that has been managed by thousands of people can be dramatically confined into the hands of automated tools.

3. Intuitive Marketing

Marketing is the voice of every brand on this planet. So, how much we can sow on marketing that much we can reap from it. Now, we have a lot of exciting technologies and social media platforms to drive our marketing camping’s more sensible and productively.

As data is the key ingredient in all sort of marketing recipes today. Without data, marketing is more like a tasteless dish. The insights that the data supplies are importantly helping all kind of businesses to market their services exceedingly.

Foreseeing the trends that are going to hit on the market, we have to strategize the business accordingly. Fortunately, In this age of technology, we are blessed with AI and Machine Learning.

Plus, social media is gathering all sort of customers around the world. Working together with all these broad opportunities will enhance our business for sure. Hence, strategize the marketing campaign with more insights into the market and customers.

4. Outsource the Mundane Jobs

Outsourcing is a business of billions today. Because outsourcing is astoundingly helping the enterprises to cut off non-core and equally unproductive works out of the office. Most of the support jobs in a business setting seem mundane and annoying. However, for the smooth running of the business, these things are inevitable as well.

Letting an external source control talent hunting, IT support, housekeeping chores, staff refreshment, marketing jobs, training works, accounts tasks, legal procedures, and data entry will enable us to focus more into upscaling business productivity exclusively.

5. Fleet Management

If we can optimize the operations of our fleet of vehicles, we are half done with optimizing profitability. In fact, many of the enterprises are operating their vehicles without any appropriate plans. Thereby, the lump sum of cash is leaking for the fleets every year.

Employing a good fleet management system can help to eliminate this leakage efficiently. Moreover, innovative fleet management software helps you to regulate every vehicle activities from a single point.

By monitoring the day to day activities, scheduling duties, preventing unnecessary repairs, optimizing fleet routes, correcting the odd driving behaviors, mapping the routes and operations of fleet, we can optimize the vehicle expenses.

Hence, it mitigates the hurdles that are dragging our business back and push to the expected growth rate.

6. Hunt the Right Heads

Successful people ensure that they are surrounded by the right talents. No different is in the case of business.

Although, almost everything can be done by automatic AI-enabled technologies, still, it requires some skilled heads and hands to make the process flow pretty efficient all the way. There is the limit of artificial intelligence to intuitive intelligence.

The requirement of skills for running a business is various. The manger cannot do the work of an accountant; a driver cannot upkeep the procurement department either. However, we cannot set any of them apart. Each and every worker is necessary for successful functioning.

Hence, rather, piling up a huge number of employees, hunting the right talents and upskilling them is an important factor to upscale our business.

Conclusion

As the prospects for upscaling businesses are high, the challenges it carries also high. The competitions among the same businesses are rising every day. Also, more competitors are coming affront every minute. Restlessly, they are striving to overtake the competitors in anyway.

Hence, it is very necessary to keep our pace up to market trends and changes. A slight slip is enough to get kicked our business out of the track.