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There are a multitude of ways that telematics solutions can provide savings opportunities within most industries. Some examples include:
Improving driver behaviour
Driver behaviour can have a major impact on your bottom line, especially fuel consumption. For example, research has shown a vehicle’s MPG is reduced by 2.2% for every mile per hour a driver goes over 55 MPH.
Using a digital tachograph
A tachograph gives you the ability to automatically download drivers’ hours instead of pulling the information manually. This will save you labour time and, ultimately, money. It also tracks activity on the road. This data gives fleet managers insight into what cost-saving actions they need to take.
Implementing preventative maintenance
Monitoring your vehicle for faults or potential failures prior to breakdowns happening can extend the life of your vehicle, decrease downtime and reduce repair costs.