The growth of any economy can be measured by the rise or fall of the logistics and transportation sector in the nation. Fleet Management as an industrial sector is related to the growth of logistics and supply chains.
Let’s break it down for you and simply everything for you. Fasten your seatbelts.
What is Fleet Management?
Fleet Management is an umbrella term that defines the complete monitoring and management of a vehicular fleet. Whether it is a fleet of five vehicles or a fleet of five thousand, it involves a hundred small and big tasks – budgeting, locational tracking, resource allocation and trip planning.
Could you imagine doing all of it and more manually? And it only gets worse as the size of the fleet grows.
However, in this time and age, a lot of tasks included in fleet management are well optimised and automated with the help of big data. Software-backed fleet management is the thing of the present and future. Keep reading to know more about it in the article.
Who Needs Fleet Management?
The application of fleet management is not limited to the logistics or the transportation sector but extends to any sector that involves a fleet of commercial vehicles – vessels, motorbikes, e-rickshaws, cars, etc. The most common industrial domains that leverage fleet management are:
- Logistics and Supply Chain
- Construction
- Mining
- Rental Companies
- Public Transport
- Waste Collection
- Delivery Companies
- Emergency and Health Care
All of the above-mentioned industries and more are capitalising on the modern technology of telematics and utilising fleet monitoring software to enhance on-field visibility.
How to Optimize and Automate Fleet Management with Software?
Technology is at the forefront of growth and development across the sectors worldwide. Fleet monitoring software is spearheading the rise of logistics especially in developing countries.
The most essential yet imperative solutions offered by fleet management systems to ensure data-driven and optimised fleet operations are as follows.
1. Real-time Vehicle Tracking
Enabling live GPS tracking in the commercial fleet is not just a practice but a compliance in most countries, today. Along with real-time vehicle tracking, monitoring the trip status, current speed, load, fuel level, ETA, etc. in real-time is another superpower Fleet management systems offer.
2. Route and Trip planning
Everything from planning a stop-by-stop route to analysing the trip execution, modern fleet management software offers it all. Define the exact location of the waypoints, their respective duration and sequence along the tour ensuring a well-strategised trip. Dynamic ETA, multiple types of Proof of Delivery and route deviation alerts are some of the crucial features you enjoy.
3. Driver Behaviour Analysis
Monitor when, where and how many times a driver harshly accelerated or corned while driving on a trip. Driving behaviour monitoring offered by advanced fleet monitoring software levels up trip management and driver safety. Features such as Driver score, driver app or Hours of services alerts, etc act as cherries on top of it.
4. Fuel Monitoring
Fleet management systems offer you real-time fuel levels of every vehicle remotely. You get instant alerts in case of fuel drainage, pilferage or fuel refill in any of the vehicles updated on the software.
5. Video Telematics
If you wish to take the game of fleet management a step ahead, video telematics is something for you. Other than everything that you read so far, you also get a real-time visual treat into the in-cabin activities of vehicles and surroundings. Driver monitoring system (DMS) and Advanced Driver Assistance System (ADAS) work together to fetch video telemetry data in real time.
Benefits of Fleet Monitoring Software
With a multitude of solutions to cater to your fleet management needs, fleet monitoring software only has benefits to offer and hardly any cons. In this fast-paced era, where customer expectations are at their peak, delivery windows are shrinking to 10 minutes, and online commerce is prevalent, smooth on-road and off-road operations are a must for fleet companies. Fleet management systems work wonders in that domain.
- Real-time visibility into fleets’ on and off-road operations
- More confident and quicker decision-making backed by data
- Streamline vehicle servicing and maintenance
- Optimal resource allocation with no clerical error
- Enhanced Trip planning and better ROIs
- Improved fleet and driver safety
Conclusion
Fleet management systems are the need of the time for transport-oriented businesses. Governments across the globe have also understood its importance hence, coming up with compliances in its favour.
This not only boosts data-driven fleet management but also improves on and off-road fleet operations. The software brings automation and optimisation to the front seat enabling insightful and profitable business decisions.
Are you wondering where to find the most reliable, accurate and feature-loaded fleet monitoring software? Look no further than TrackoBit, it’s the best in the space with a global presence in 45+ countries and 350,000+ units on board.
