Protect Your People,Property and Profitability
Fleet Risk Management
Managing risk is part of operating any business. It's also a smart way to lower costs and boost profitability. If you operate a fleet of vehicles, you can reduce the risks to your organisation by implementing a GPS based fleet management solution to continually monitor vehicle and driver performance gaining more control over fleet performance while helping to protect your people, assets, and bottom line.
5 Steps For Managing Fleet Risk
1.Improving Safety:
Speeding wastes fuel, increases the risk of accidents, and can lead to other behaviours that put your drivers and vehicles at risk. According to the Bureau of Energy Efficiency of India, aggressive driving including speeding can lower highway fuel mileage by 33 percent and city mileage by five percent.
To reduce speeding, you first need to know when and where your drivers are doing it. A fleet tracking system reveals this information by monitoring the speed and location of every vehicle, at all times. It also comes with customisable alert and reporting features that provide the data required to effectively coach or discipline drivers and bring them into alignment with company policies.
For example, alerts notify you in real time when speeding incidents occur. You determine the alert criteria, such as speed thresholds, time of day, type of vehicle, etc., and the system automatically sends a text or e-mail alert when a violation occurs. Speeding reports also provide detailed and summary data on all speed-related incidents. The reports can be scheduled for automated delivery on a daily, weekly, or monthly basis, allowing you to identify current violations as well as month-by-month trends in driver behaviour.
2.Limit Unnecessary Driving:
Risk can be reduced by avoiding unnecessary driving. With a wireless fleet management system, you can reduce unnecessary driving by routing vehicles more efficiently, tracking their locations, monitoring off-hours usage. You can also use a variety of reports to monitor and manage vehicle utilisation that show
- The daily start and end location of every vehicle: With this data you can confidently allow drivers to take their vehicles home at night, knowing you can easily identify any unauthorised use.
- Vehicle usage outside of normal business hours.
- Vehicles entering or exiting an "off-limits" area.
3.Reduce Vehicle Breakdowns:
Poorly maintained vehicles can become increasingly unsafe to drive. With a Fleet management system, you can reduce the risks related to malfunctioning or poorly maintained vehicles in several important ways. Your Fleet management system will also provide comprehensive service records. These allow you to maintain fleet health and help extend the life of your vehicles for cost savings and safe operation.
4.Protect Against Vehicle Theft:
Vehicle tracking system will help you to protect your vehicle from theft.It can alert you when there is any suspicious vehicle movement. It can also help to retrieve stolen vehicles by enabling you to provide police departments with a van or truck's precise location the moment you realise it's been stolen.
Geofencing will intimate you when your vehicles move out of the predefined boundary. And if you feel that there is some unauthorised movement then you could stop the engine by cutting the fuel supply just by sending an SMS from your mobile.
5.Protect Drivers Against False Claims:
Drivers might be falsely accused of speeding in a school zone. A customer might complain that they didn't receive a delivery on time. Another customer might accuse a service technician of over-charging by falsifying the amount of time spent at the location. In some cases, drivers might be blamed for causing an accident they weren't even part of.GPS based vehicle tracking can help reduce these risks by providing the precise speed and location of every vehicle in your fleet.
