Published on: February, 25, 2022 Author: Akanksha Singh
Logistics is one of the vital parts of supply chain management. The logistic industry is flourishing
rapidly, especially after the rise in e-Commerce businesses. Logistics is not just about the
movement of people and equipment, it is beyond that.
Therefore, it becomes important for logistics businesses to recognize the opportunities they are
losing which can maximize profit and make their operations more efficient. One simple failure
to notice can lead to a series of events that can turn into a huge loss. For instance, one late
delivery will impact other deliveries and can drastically decrease your customer retention rate.
A GPS tracking device enables you to track the location and speed of vehicles in real-time,
monitor fuel, and also gives a complete report of the route taken by the driver to make the
delivery.
Fleet management and GPS Tracking go hand in hand and collectively they can help you pre-set
business goals. Focusing on fleet management is essential for profit maximization for any
logistics company. A GPS tracking solution for fleet management can provide you with endless
benefits and scale up new business opportunities.
Also read : Data Driven Operations: A Key to Effective Fleet Management.
Managing a fleet is full of challenges for all small, medium, and large logistics companies. But,
one of the biggest challenges is organizing and monitoring the data from the vehicles. With high
fuel prices and tight market competition, now it has become more important to manage your fleet smartly and in a more organized way. Here are some major benefits of GPS Tracking
Devices-
Fleet Management becomes easy with GPS Tracking Devices
Enhance Fuel efficiency
Fuel can save a huge amount for the company if managed the right way. You can improve your
fuel management by keeping an eye on fuel usage. Monitoring fuel usage helps minimize the
excess idling, harsh driving, over speeding of the vehicle.
Improve Fleet Management
By using a GPS tracking device, fleet managers can see the visibility and performance of the
vehicle on road. These reports give a clear view of the maintenance needs of the vehicle and
the scope to improve. The fleet manager can analyze the report to make required decisions for
individual vehicles and drivers who are not performing well.
Increase customer retention rate
It is important for any business to make new customers but retaining your old customers is
equally important. For retaining your customers and making a long-term relationship with them
is essential to provide good quality products and on-time service. For any business, it is
important to make new customers, but retaining your old customers is very beneficial. A
tracking device supports in providing fleet information like real-time location, route taken and
speed on which the vehicle is moving. By using all this information, you can take care of your
customer’s merchandise arrival on time.
Profit Maximization
At the initial stage it may seem like using fleet management solution is pricey and can be a
hectic task. But, if you see the results, you will find out it is much more cost-effective and
hassle-free. Managing a fleet through Gtropy’s GPS tracking devices can save expenses on
different operating costs by optimizing your fleet and improving its efficiency.
GPS tracking solution is the need for the logistics companies to sail through the current market
scenario where every business big or small is making every possible effort to deliver the best
customer experience.
Contact us for any query regarding GPS tracking devices. Stay in touch for more.