Whether you are tracking your assets via asset tracking or using fleet tracking services, we know it is a proven fact that what gets measured will get improved in our organizations. If you have a fleet of trucks or just a team of field service staff, using GPS asset tracking technology is critical in providing transparency, efficiency and productivity.
Many trucking organizations, construction companies and government entities will track just their vehicles and leave their trailers as well as other assets out of their strategy. GPS trailer tracking, construction GPS tracking and government vehicle GPS tracking solutions offered by Position Intel make it very economical for you to track these assets with our real time fleet tracking solutions.
EOBR mandates can only be pushed back awhile longer before we all know they will go into effect. That said, it is important we work together to get ahead of these requirements and slowly implement our way there.
Monitoring your employees through GPS asset tracking does not have to be a negative transition, we find many team members find the increase in productivity and optimization of their days or routes to be a benefit as well. Often times, they appreciate the improvement of their logistics and operations because technology can eliminate a lot of unnecessary phone calls and disorganization.
If you have a fleet of vehicles than surely you are aware of the ongoing ELD and EOBR mandates requiring you to monitor your drivers’ hours of service along with other safety components.
In my opinion, this sets up organizations with fleets to embrace technology, improve their quality metrics and promote a safe driving environment for all drivers on the road today. Though I understand their are drawbacks and many opponents of this bill, I believe this will improve efficiency for logistics.
As companies grow and more assets are added, it is an easy way to quickly lose track of what you have and where they are. I’ve worked with clients in the past who attempted to keep track of these assets via a chalkboard, a Microsoft Excel spreadsheet and filing systems. Unfortunately, these methods do not provide an accurate and real-time depiction of what actually happens in the real world. In fact, without true visibility you are not able to make sound business decisions. As a company continues to add more assets, unfortunately the amount those assets which are at risk also follow.
I heard a story from a friend of mine about how one of their drivers was upset (not sure why) and decided to just pull over to the side of the road somewhere and drop their load. So there it sat, on the side of the freeway somewhere in the middle of nowhere and they had no idea where it was. It was only when the Highway Patrol contacted the company indicating they had located the trailer that they found out where their assets were. This causes critical delays and concerns for the company and it’s customers as you can probably imagine. If a customer was expecting a goods to be delivered, how on earth do you explain to them this issue when their expected delivery doesn’t arrive when you committed it would? Imagine that trailer along with it’s contents just disappearing, thousands of dollars lost. You’d be surprised how often this actually happens, it’s not unheard of. Luckily, most companies insure for this type of incident and are able to make a claim. At the same time, insurance companies continuously reevaluate rates. Guess who’s policy changes with a higher expense?
When a company has hundreds or thousands of assets, it’s important to know their operating condition and where they are located, especially with expensive vehicles. Tracking assets and collecting data real-time has been proven to be faster, most cost effective and much more accurate than any manual process. It’s also a critical part of addressing employee behaviors that in the past were missed such as driving behaviors, quality standards and other important aspects of a job. Increasing efficiency and reliability for a business is also a crucial component that asset tracking can provide. A tracking software saves time and makes many processes streamlined enabling employees to focus on the customer. Reliability and quality of information for the company and the customer then goes up as they have true insights at their fingertips versus trying to gather that information from multiple sources.
The more I talk to business owners and clients, the more I am realizing the importance of keeping track of assets. Far too many times we find assets just “disappear” or as many like to call it are “misplaced.” And, most of the time we as business owners don’t even realize they are missing until it is too late. There are countless testimonials and case studies I found online that prove tracking your assets as a business is critical, they also make justifying the expense easy with an ROI being accomplished nearly right away after implementation.