The Telematics in the Transport Provides BIG SAVINGS in many areas of the company, and has an Impact direct in the operation by adding VALUE AND BENEFITS economic economics throughout the Time.
The evaluation of the impact of telematics organization-wide rather than a single project
When considering an investment in telematics for your business, it's important to analyze potential benefits project. Two types of benefits should be considered in the decision-making process:
When both types of benefits can be so important to any type of trade, that means it's also critical to know how to measure them.
Managing a fleet without a telematics platform leads to higher costs and low visibility to improve.
Increased market share
Reduced transaction costs
Reduced labor costs
Direct analysis of revenue or a decrease in costs, comparing before and after the investment
Quantifiable and well-measured, they are often the benefits that organizations seek to achieve immediately
Increased customer satisfaction
Improving employee morale
Improved job security
They are harder to measure, as they cannot be translated directly into money, but they are easy to see
Deep and long-term benefits are game changers that can have a serious impact on the way an organization operates
Risky Driving Behavior
Motivate Drivers by Qualification
Ensuring Customer Deliveries
While initial costs can be accounted for, one must examine the intangible and future BENEFITS of the technology.
Although the Cost of Ignore (COI) has the same strategic objective than its best-known cousin Return on Investment (ROI), there are some fundamental differences. In short, the COI focuses on minimizing operating costs, while ROI focuses on maximizing incremental revenue.
Cost Of Ignoring is the additional expense or lost savings that result when a company does not make a strategic business investment that could improve operational efficiency.
With the Telematics, fleet managers can identify and quantify Opportunities of Saving fleet-wide and implement proper initiatives management and drivers to achieve them.
Do you know the cost of ignoring your fleet?