How to evaluate the profitability of telematics in your fleets?

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Telematics is a smart investment for Automotive Transport Companies and it is important to define,  under its objectives, the way in which the benefits and results of its implementation in the Transport Fleet will be measured and evaluated.

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Efficiency is the main indicator for Automotive Transport Companies that allows to ensure and improve profitability in the operation and in the business. Focusing on obtaining maximum productivity with the minimum of possible resources, keeping costs low and increasing profitability, reflecting an increase in economic income.

In many cases, the results reflect indirect cost savings, through the detection and identification of deficiencies that, when corrected, reflect a reduction in expenses that had not been identified, generating large savings in operating costs and thus expanding the profitability margin of the operation.

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Data is key!

Didcom can create Key Operation Indicators (KPI’s) with the data collected through the Telematics devices integrated in the fleet, to generate valuable information focused on the specific objectives of each type of business.

Our Telematics reports facilitate the interpretation and analysis of the information for the various areas of the company, so that they can know the current fleet and operation status , providing a tool to detect deficient practices such as:

• Idle time
• Engine damage
• Delays and reclaims
• Risky driving habits
• Accidents and repairs
• Unauthorized use of vehicles
• Excessive fuel consumption
• Units theft and merchandise loss

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The numbers don’t lie! Our Telematics Solutions provide the most valuable information of the operation in Fleet Management, hard statistics that show the status of your Vehicle Fleet, deficiencies and opportunity areas to improve the operation.

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Quantifiable Metrics

Define real objectives that represent measurable KPIs for the company’s results, as well as a starting point of reference that allows to compare the before and after of Telematics integration in the vehicle fleet.

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Scalable Results

Evaluating the results obtained is key to determining the profitability of the telematics solution, especially to be able to scale the integration to the rest of the fleet and even to other areas of the company and replicate the results.

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Staff Feedback

Request the opinion of the collaborators directly involved with the telematics solution to be able to create a judgment of its effectiveness in the field of action, the adoption of the new telematics tools implies  a learning curve and a training program that our support team gladly provides.

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Customer Satisfaction

The impact generated by the new telematics tools in customer service is an absolute indicator of their need for integration into the fleet, improvements such as the level of satisfaction of deliveries make evident the deficiencies that had not been detected and the opportunities that can be used to improve operation.

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Request a demo!

Our team is available to integrate a personalized demo to the specific requirements of your fleet, to begin to identify opportunities for improvement, detect deficiencies and reflect the results you expect from Fleet Telematics.

Decide to increase the profitability of your fleet, where do we start?