Beating the Banker Hand Down With GPS Tracking

Beating the Banker Hand Down With GPS Tracking

How can GPS tracking beat the banker? By saving hundreds of thousands of pounds for business whose livelihood depends on the whereabouts, and use, of a fleet of vehicles. GPS does a whole lot more than just tell a company where its' car or truck is, after all it also relays information about average speeds, petrol use and out of hours moonlighting. All things, in an age of crushing recession, that are enabling even the most cost conscious companies to rein in their transport spending.

How does it work? Well, GPS tracking (that's Global Positioning Satellite) uses a constantly pinging satellite signal to work out exactly where a vehicle is at any given time. That satellite, as well as passing on information from and to the unit regarding position, can use the same signal to upload and download data regarding fuel consumption, engine idling: basically anything that a fleet manager could want to know. It's an information conduit that opens up all sorts of fancy possibilities for "tracking" in the broadest sense of the word: building up a picture not just of where something is, but of what it is doing, when, and for how long.

Average speed, for example. GPS tracking can make a simple average speed calculation by monitoring a vehicle's exact location and then timing its' travel to a secondary point. Done enough times that builds up a very accurate picture of overall average speed which, in turn, provides excellent information about lawful or unlawful driving (a speeding driver can cost companies thousands of pounds a year in fines). It also provides good information on the effectiveness of given routes, in terms of speedy delivery: if a lorry is consistently slow over a particular route, the fleet manager watching the GPS tracking reports can research alternative, and possibly quicker routes. Quicker routes, of course, mean more journeys and more journeys mean more jobs, which in turn equals more money.

Then, of course, there's theft. Once the number one budget killer of all transport, haulage and construction companies (there can be hundreds of thousands of pounds worth of kit in a building company van), theft of company vehicles has practically vanished where GPS is installed. Why? Because, no matter how well disguised a stolen truck is, if it has a GPS locator everyone knows exactly where it is at all times. There's no point in stealing something fitted with a GPS tracking kit that can lead the police straight to wherever it has been hidden or sold on.

Using GPS to deliver alternative information about engine idling (long periods of idling, in a large fleet, represent a lot of money wasted by burning fuel without driving anywhere) allows fleet managers to build up a really comprehensive picture of what their vehicles do. And that means they can draw an equally comprehensive picture showing how they could do those same things better. With full reports covering every cost activity of a fleet of, say 100 trucks, a fleet manager can start making decisions that quickly translate into huge savings. All thanks to GPS tracking. It's more than just security.

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