The telematics has become a technology crucial for fleet management, for that, nothing better than knowing interpret the information that the company generates on a daily basis in its operation, and be able to analyze it.
The operation key indicators "KPI’s" are incredibly valuable, and can be created with the data that is collected with the telematics in a personalized way for each type of business.
For the shot decisions successful the success depends on having the data correct in the precise moment.
The differentiator for carriers at the business, service and operation, it's efficiency. Efficiency focuses on getting the maximum minimum input performance. This means increasing the productivity and keep costs down.
One of the main challenges of any transport company today is to maintain the efficiency, the competitiveness and the profitability.
Measure different indicators of efficiency of the fleet, allows to discover gaps and identify optimization opportunities, which will generate savings and increase of economic income.
Key Features of a KPI
Clear
Measurable
Attainable
Relevant
The implementation of KPI’s increasingly playing a bigger role in transport companies, as they allow for an efficient management information and make it available in a way that understandable, to take decisions informed and above all correct.
KPI’s offer better understanding and transparency when communicating results.
The KPI’s are designed to analyze and describe how a task is performed, or how an element in the value chain responds, and determine whether or not business goals.
Setting a clear goal
What is the current priority?
Reduce a focal point to reach our ultimate goal.
Determine Realistic expectations
Manage priorities and not data.
Just show what you need to know.
Define metrics and check progress continuously
Time period to complete the goal.
Compare the current progress against the specific target set at a certain time.
Effective implementation of KPI’s, about the fleet operation are essential to get a competitive advantage and win the race.
Start with identify the key data you need to run your business effectively and efficiently. Then set up clear, easy-to-read reports on your dashboard to monitor trends and identify improvements.
The correct execution of each of these processes will depend on the compliance of the objectives set.
The project must be adopted by top-down leadership and must be set expectations from the outset by senior management.
With effective implementation of KPI’s, you'll get reaction capacity for taking correct decisions.
Monitor the
KPI progress
Evaluate results and
identify improvements
Make adjustments and
take decisions
