Managing a pool of commercial vehicles can be a challenge,so it is important to control the entire lifecycle of commercial vehicles alongside reducing associated risk, improving efficiency, increasing productivity and ensuring compliance with legislation
Fleet management is most required by logistics service provider, ecommerce delivery, courier services oil and gas delivery, utilities, repair, and service industry businesses to ensure responsible vehicle use, confirm safety and enable real-time tracking. Although commonly associated with delivering cars and trucks, the boating industry uses fleet management technology as well.
IoT based Fleet Management
An IoT-enabled fleet management solution helps companies gain competitive advantages by automating processes in a cloud-based platform and providing real-time visibility into everything that goes on in the field.
IoT works through three main technologies in fleet management – RFID, GPS, and OBD II’s.
GPS and OBD II help to obtain real-time information on vehicle maintenance, routes, and driving conditions whereas RFID contributes to controlling and tracking products.
Solutions Offered By IoT in Fleet Management
IoT offers Better Visibility to fleet managers
Connecting to fleet vehicles through installed telematics devices, their current GPS location and activity status on a web map can be fetched by the mobile application or the web panel, together with other reports and analytics that help improve dispatch, route planning, and business logistics. This real-time visibility is what helps you gain flexibility in your resource allocation, better planning, and quick adaptability to changes in the situation.
With real-time GPS location, businesses can provide customers the exact times of arrival or instantly update the route for a customer emergency.
Ensures Instant Improvements & Quick Decisions
When IoT is implemented properly, it guarantees an instant improvement in performance by optimum utilization of resources. Collecting and sharing the information quickly can help in taking action in real-time thereby helping a company make instant improvements and quick decisions.
Clever Monitoring For Preventive Maintenance
IoT telematics can collect data on vehicle diagnostics, such as speed, harsh acceleration or braking, fuel consumption, vehicle faults, tire pressure, and more. So, it also helps in monitoring of driver behavior on the road to ensure safety and compliance, as well as minimize the risk of crashes and liability.
In case of a crash, the hardware connected to the vehicle’s engine module, will send an alert to the head office indicating a collision, so help can be sent to the driver without delay.
The technique also ensures that the fleet manager receives alerts for services like coolant temperature, low battery, inspection reminders, check engine, and other factors that are essential for the maintenance of your vehicles and to keep them safe and running in top form for a longer period.
Analysing data generated by various vehicles
A fleet with lots of vehicles generates huge data and information such as miles logged, fuel consumption, vehicle utilization, speed tracking, and much more.
Before IoT, a fleet manager had to collect all the information manually leading to significant lapses in inefficiency. However, with the onset of IoT ,the fleet managers have ample time to gather the data, analyze it and understand the issues of the vehicles in the IoT Dashboard itself.
Any Time Remote Tracking Possible
Internet of Things helps logistic companies to track daily operations through cloud-based solutions and helps the fleet manager to track fleets in a remote area from any time, anywhere. The technology also comes in handy when the vehicles are down during bad weather.
One of the biggest concerns for fleet managers is the rising cost of fuel. IoT is also helpful in ensuring fuel efficiency. The behavior and driving style of drivers affect the fuel efficiency of a fleet hugely.
A fleet operator can educate the drivers to practice optimized fuel utilization based on information
A brief of what we do at PsiBorg
We have built various solutions for fleet tracking and management services, if you are looking for a partner to help you in building your concept to product, then PsiBorg is the right choice for you to Kickstart.