What is a GPS tracker?
As the name suggests, a GPS tracker is a device that transmits accurate location data to a receiver console. However, that’s only the fundamental function. These days, you can have a wide range of features and functionalities with a GPS tracker with many advantages in different domains of life. Today, we’re looking at how a GPS tracker can help you run your business efficiently.
Before we begin, you should know that GPS trackers can be more beneficial to some businesses than others. If your business involves delivery, moving, pickup, or transportation of any kind, GPS trackers can be helpful. However, you can still use GPS trackers for better productivity and profitability even if your business doesn’t involve these areas. Now let’s look at the major benefits of a GPS tracker.
Major benefits of a GPS tracker.
Safety
In business, the safety of your employees and your assets is paramount. You want to ensure that your valuable assets reach where they are supposed to be safe while also ensuring that your employees are protected. So, you must ensure that everyone follows the safety parameters while delivering or picking up those assets.
Well-functioning GPS trackers offer a wide range of features to ensure this. For fleet tracking, GPS trackers offer you the trip data, route information, speed, rest-time, location data, etc. to ensure the safety of your company property and employees. You will also receive alerts from the mobile app if a particular vehicle moves past a designated area with the geofencing feature. You also receive notifications if the vehicle moves at a high rate of speed from some GPS trackers. With these, you can ensure that the drivers are not over speeding. So having a GPS tracker with all the necessary features is perfect for ensuring that everything is functioning as it should be.
Productivity
We mentioned some of the key features above, which applies here too. With GPS Trackers, you always have an accurate overview of the driving patterns, travel history, heatmap, travel time, route options, and more. So, with all this invaluable data, you can ensure that your business runs smoothly and efficiently.
You can assign more vehicles to areas where more business happens. You can help drivers take shorter or quicker routes to reach destinations faster. You can also plan based on previous data to ensure that your employees can get more work done with less fuss, thus making them happy and increasing productivity at the same time.
Having all these data means you can also improve the operations using digitisation and ensuring data management. With the relevant and insightful information, you can make informed decisions that are good for your business.
Profit
Fuel cost is a major concern for businesses that involve vehicles and transportation. So, with data that is more accurate and detailed like that you can collect using the GPS tracker, you can ensure that your vehicles run efficiently, thus decreasing hefty fuel costs.
Since you can track when your vehicles are on the road, for how long, and where they are always, you can cut the cost to improve profit margin. Harsh driving patterns can be identified and corrected, along with cutting down unauthorized or unnecessary vehicle usage. You can also monitor route data to ensure that drivers take the best route option available, increasing efficiency and reducing cost.
Having a GPS tracker can also help you reduce operation costs by reducing unnecessary trips. You can plan and schedule trips using the features like heatmap and location data. So,you can prepare for minimum effort with maximum work. The less time your vehicles spend on the road, the more profit for you, both in terms of fuel cost and payroll.
Theft protection/recovery
Another major advantage of a GPS tracker is the theft protection and recovery of stolen goods or vehicles. You can track all your valuable vehicles and assets with pinpoint accuracy in case of any mishap.
Check if your GPS tracker has a geofencing feature to get instant alerts if a vehicle moves beyond a designated area. Also, check for an ignition alarm feature that lets you know if a vehicle that is not supposed to be on the road is turned on. Ensure that your GPS tracker comes with an in-built battery. So even if the tracker is disconnected from the vehicle, you can still receive location data for some time, thus helping you reach out to authorities and assisting them in tracking down the stolen vehicle quickly.
