9 Secrets to Reducing your Fleet Expenses
As a fleet owner, your day-to-day costs can quickly add up. What you don’t know is there are further hidden, expensive...
Read moreAll assets and equipment are crucial to fleet-dependent businesses. Yet some are harder to keep tabs on than others—or simply get overlooked. It's common to focus on vehicles and other powered assets when it comes to implementing GPS-based telematics for vehicle tracking purposes. Unpowered assets, however, are just as vital to fleet and company success. You can use the same telematics technology that tracks powered assets to keep track of valuable unpowered assets too with battery- powered GPS location tracking devices.
Non-powered assets include generators, tanks, gearboxes, tools, skips, shipping containers, trailers, and any other equipment that cannot run under its own power supply yet is crucial to the operational productivity of a business.
To monitor unpowered assets, you can use the same telematics-based GPS technology that you use for vehicle tracking. Keep in mind that the GPS device must have its own power source, whether that's a rechargeable or one-time use portable GPS tracker with a long battery life. It must also be rugged enough (weatherproof and waterproof) to withstand any extreme conditions that the asset that it’s monitoring might encounter. You can opt for self-powered asset trackers with an extended battery life of up to four years, or choose from other options including 12V DC, 24V DC, 48V AC, 110V AC or 220V AC chargers. You can still track assets even when they’re outside of the cellular network 4G LTE/5G LTE range by choosing GPRS cellular network data. By implementing battery-powered GPS trackers, your organisation can stay informed about a range of asset-related conditions, from temperature changes and door openings to vibrations or movement.
Whether you’re trying to get better visibility into equipment in general, want to improve asset utilisation, or want to improve maintenance, using an integrated GPS-based asset tracking solution can help. As a company that operates a fleet of vehicles and assets, monitoring your unpowered assets in addition to your powered assets can provide distinct benefits.
Utilisation and inventory management: As your fleet grows, the number of assets you manage increases. This can prove challenging for your administrative staff, particularly when it comes to asset tracking and inventory management. Not only is it hard to get an accurate count of what assets your company has, it’s difficult to determine how each is being utilised. While it’s unlikely that all assets are being used simultaneously, a good number are probably being used for multiple purposes at the same time. This is where GPS asset tracking comes in.
Using battery- powered GPS tracking devices alongside fleet management software can help you get a better sense of which assets are being used, at what location and in what way. It can also highlight which assets are operating at optimal productivity and which aren't. Tracking assets in this way gives your company full visibility into your assets, improving your resource efficiency and bottom line, enabling you to:
Security: It is estimated that the construction industry loses over £400 million per year due to vandalism and theft. One stolen asset can lead to significant replacement costs, lost opportunity costs, unplanned downtime and customer and employee frustration. Whether standalone, or attached to a vehicle, your fleet equipment requires the same protections and precautions as your fleet vehicles. Investing in battery- powered GPS tracking technology that provides location updates can have the benefit of added asset security, whether to deter thieves from stealing or to locate missing assets. It also affords:
Maintenance: PPoorly maintained equipment and vehicles age faster, requiring replacement approximately 80,467 kilometers before regularly maintained vehicles or pieces of equipment. Properly maintaining assets is one of the most important steps you can take to maintain fleet productivity and profitability. Yet you may need help transitioning from manual recordkeeping to electronic-based monitoring to stay on top of service and repairs. Deploying a battery powered GPS tracking solution can help mitigate asset maintenance issues by getting ahead of them before they happen, including helping you to:
When investing in battery GPS tracking technology for your assets, it’s important to look for solutions that provide comprehensive features that work with your unique needs. Here are a few things to keep in mind:
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Find out how our platform gives you the visibility you need to get more done.
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