Fleet management – what it is?
Let me give you guys a background here. Now that i am an MBA student there are numerous management stuff i have been going through and today i found an interesting management field called Fleet management . Going deeper in knowing about this i have gotten some information which made my concepts clear about this new field of management – Fleet management. The information below about fleet management has been taken from this site
Fleet management, also known as fleet maintenance, is a standard of procedure, with a goal to keep a company or agency’s multiple vehicles and their operators in top-running condition. One of the highest costs of doing business is labor, followed closely by mobile assets including cars, vans, trucks, even boats and airplanes. Fleet management also covers large, moveable equipment related to the operation of the organization.
The primary objective of fleet management is twofold:
- Establish close monitoring by home base of drivers in the field, for the most efficient and effective delivery of goods and services.
- Control the costs of operating and maintaining vehicles and equipment, to retain their values and extend their useful lives.
Fleet management is about establishing the best possible level of control over an inconsistent environment, where factors such as weather, traffic, breakdown, customer demand and availability of manpower and equipment can change from day to day or hour to hour.
How GPS Tracking Helps Fleet Management
GPS tracking is the preferred and most up-to-date method of fleet management. GPS tracking systems, which use U.S. Department of Defense satellites for location and navigation, are accurate and reliable and greatly reduce incidents of human error.
By a mathematical formula called triangulation, the GPS tracking receiver will find its location, usually within a few feet of accuracy. Incremental position updates are made every few seconds or minutes.
The data collected includes:
- Day and time
- Directional heading
- Latitude and longitude (or street address)
- Duration of stops
- Speed of the vehicle
- Miles logged