Telematics can have a significant impact on entire fleets. Accurate utilization of telematics drives every function of their business—repair costs, rental dependency, liquidation, job costing, cost per hour metrics. When properly using telematics, fleets can implement smart-fleet management solutions.
Data, Data, Data
There are seven key ways telematics can improve fleet utilization. These top seven ways include:
- Protect against theft: Telematics-enabled asset tracking locates assets in real-time, which can notify of a piece of equipment’s location immediately.
- Effective utilization of assets within a fleet – Project managers can maximize the usage of all assets to avoid unnecessary sourcing of equipment.
- Missing meter data – Many construction fleets rely on meter data to maintain vehicles daily. Often, this is manual. Telematics can collect this data automatically.
- Visibility into preventative maintenance – Remote diagnostics, shop resources, uptime and scheduled preventative maintenance are all possible with telematics.
- Maximize cycle times and uptime – Telematics can identify the most effective routes and use of equipment.
- Fuel efficiency – Use data to monitor idle times, speed, acceleration, hard braking and more to improve fuel usage.
- Electronic verified inspection reporting – Ensure federally required daily vehicle inspections occur.
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