HARNESS THE POWER OF TELEMATICS
‘ Implementing telematics will help increase your fleet ’ s productivity , improve your corporate risk profile and reduce your fleet ’ s operating costs ’
the biggest contributors to poor fuel efficiency is idling , followed by hard acceleration and speeding .
Telematics can track these factors and provide fleets the quickest payback , with almost immediate results and cost reductions . The technology can track risky behindthe-wheel driving behaviors ( such as failure to use seatbelts , speeding , harsh braking and cornering ), which delivers a longer-term provable payback in reduced accident rates and associated costs .
Many telematics programs are evolving to cover driver safety , increased employee productivity and efficiency , route compliance , and improved customer service . Telematics can also assist with compliance issues that include both government-mandated and individualised corporate policies .
In an era of analytics , telematics can take data and make it useful . For example , we worked with a national service provider to help implement telematics to reduce the risk to their drivers and improve fuel performance . The immediate payback was a reduction in the company ’ s fuel expense by almost $ 3 million in calendar year 2013 and a reduction in their accident rate of eight percent .
What other technology can provide that level of return in such a short period of time ? Now that the groundwork has been laid to gain insight into utilisation and operations , the company is focused on reducing its fleet size by two percent and its mileage by six percent – impacting the bottom line by an estimated $ 2.8 million annually .
Implementing telematics will help increase your fleet ’ s productivity , improve your corporate risk profile and reduce your fleet ’ s operating costs . Telematics isn ’ t just a matter of installing technology in a vehicle , it ’ s understanding the resulting information and putting it into action to better serve your company .
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