Fleet Management Savings

An independent survey carried out amongst 1000 companies with an average of 10 vehicles over a 12 month period identified the potential fleet savings following the installation of a live vehicle tracking system. The savings / revenue generated are shown per vehicle x 50 weeks across three key areas:

Productivity

Over 83% of respondents found their workforce more efficient through using a live
vehicle tracking system.Enhance job allocation and improve employee efficiencies by:

• Re-allocating the number of drops to maximize efficiencies
• Increase number of orders generated or service more customers
• Increase of 5 jobs per month x average order value of £80 per job or £4800 pa.
• Reduce downtime x 2.5 hours per week x £30 per hour or £3750 pa.

Wage and Overtime payments

Over 86% of respondents felt that the benefits outweighed the cost of using a live tracking system. The reporting suite offers opportunities to reduce inaccuracies in wage and overtime payments by:

• Verifying driver timesheets with vehicle timesheets.
• Checking job start and finish times and monitoring break times
• Recover just 6 minutes per vehicle per day to pay for the Now Fleet monitor!
• Reduce excessive claims x 7 hours per week @ £14 per hour or £4900 p.a.

Reduce Fuel costs

Over 69% of respondents felt their customer service had improved.
Utilising the functionality of the system and the reporting functions reduce fuel costs by:

• Monitoring routes taken, vehicle speeds  and Identify excessive vehicle idling
• Using nearest vehicle options to locate most suitable vehicles for jobs
• Reduce mileage by 100 miles per week per vehicle @ £1.00 per mile = £5000 p.a.
• Reduce fuel usage by 50 litres per vehicle per week @ £1.13 per litre or £2825 p.a.

Summary

Over 95% of respondents would recommend live vehicle tracking to other businesses

Invest in a live tracking system where the numbers do add up?