Currently, the worldwide GPS tracking market is estimated at over £1 billion with growth forecast to exceed £15 billion over the next decade, according to the US National Academy of Sciences.
Under the present economic outlook with escalating fuel prices, fleet businesses are under more pressure than ever before to deliver goods and services on time and operate super cost efficiency savings just to retain customers and stay robustly competitive. Crucial to maintaining competitive edge is the need for-up-to-the minute vehicle location reporting to allow unforeseen route or schedule changes, as and when they occur and with the minimum of disruption to all other daily operations.
Recent research has revealed that fleet enterprises increased the total number of service calls or delivery drops completed per day per driver by 23 per cent as a direct result of installing a real time vehicle tracking solution. A subsequent sliding scale increase in service profitability by over 12 per cent saw a corresponding decrease in travel time, overtime pay and fuel costs by around 10-15 per cent.
Installing a GPS vehicle tracking device enables the instant capture of vital vehicle activity data automatically and independently of any driver input, including location and timing. Data is remotely transmitted to a web application system, via the GPRS network, where it may be accessed for on the spot decision-making by a fleet director, or operations control manager.
Implementation of a vehicle tracking solution can significantly contribute to economic business survival because of the key value benefits of:
• Strategic decision making.
• Compliance with legislation.
• Enhanced operational control.
• Considerable cost reduction.
Mobile workforce tracking systems are designed to produce a more effective and profitable management of a mobile service workforce because it is fully modular and scalable, and because it uses real time GPS. Access to real-time information also ensures essential remote worker security as well as improving operational control which can be analysed with configurable reports.
Today’s approach to workflow systems enables seamless integration with routing and scheduling software, payroll systems and other back-office operations, whether deployed from off the shelf vehicle tracking systems to more complex solutions. Creating a highly scalable service at a time and pace that meets both business requirements and budget is a core necessity to meet modern fleet requirements.
Establishing a fully visible, service-on-demand approach to modern fleet and logistics is essential to mobile workforce activity. Vehicle tracking possess powerful and versatile potential to help fleet operators identify, measure and target specific areas where vital improvements may be made to daily running costs and productivity, during challenging economic periods.