Should I pick ONE fleet management-asset management GPS solution across the enterpirse to maximize ROI?
We get this question quite a bit. Often, larger organizations have divisions or departments that are tasked with "finding a GPS solution that will solve their needs". In the end, that solution does just that...solves ONE group's needs. The group tasked with choosing a GPS fleet management solution will examine the wants, needs, must haves, delighter's, etc. with their lens on, often overlooking synergy between other departments.
Most often, the transportation department will not be consulted or considered when buying ASSET based GPS fleet management devices.
That's too bad, because often times 10-30 minutes of wasted time per day per rental transport driver can be saved by dispatching the driver directly to the machine based on its exact and current location NOW...not the location of where it was dropped off.
Whatever your dispatching system (white board, Nextel, yellow pad, software system) just providing transport with a means to know exactly where their pick up located vs. guessing based on drop can yield enough ROI to pay the monthly bill for the tracking devices. Remember, if canvassing an area for 15 minutes searching is enough to put driver A into overtime...you've not only paid the monthly bill for one GPS device...but likely 3 or 4.
It's very important to look at your operation as a whole (THE ENTERPRISE) to fully exploit the economic benefit (ROI) of a fleet management GPS solution. This is often very difficult to do with busy schedules and competing interests. The RentalMetrics team highly recommends a comprehensive look at the each piece of the enterprise before deciding on a solution. Making the right choice of fleet management GPS solutions NOW...will pay huge dividends down the long and winding road.
We dive into many more examples of this situation and explore the ROI opportunities in our Interactive Learning Environment or ILE.
RentalMetrics is the "in-sourced" management
consulting firm for the construction equipment rental sector. We're
headquartered in the heartland of America too. Please browse through our site
to gain some insight on how we think, what we do, and what makes us passionate
(some say obsessive) about extracting every last drop of efficiency from your
operations.





The initial expense for incorporating a GPS based fleet management system might be the only factor of concern for most of the industries however for long run it is definitely a great step.
Posted by: Fleet Management Solutions India | September 12, 2008 at 04:00 AM
As for me it is a very useful post.
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Posted by: Adrienne | January 15, 2010 at 05:50 AM