Thursday, November 21, 2024

What is the Difference Between Fleet Management and Fleet Tracking?

What is the Difference Between Fleet Management and Fleet Tracking?

When doing business, it’s crucial to find reliable software that could streamline your processes to improve your company’s efficiency rate, as well as increase your operations.

For instance, Route4Me’s Verizon vehicle tracking enables around-the-clock fleet tracking, allowing customers to effectively deal with risky behaviors and unlawful conduct.

Though both are helpful, many shouldn’t confuse the two as they have different functions.

Fleet management vs fleet tracking

With a fleet tracking system, owners may track their vehicles’ whereabouts while collecting data from the field and sending it to their headquarters.

On the other hand, fleet management refers to general functions like vehicle upkeep, financial administration, telematics (diagnostics and tracking), and vehicle and driver safety.

There are now several fleet management systems on the market. The majority of companies with large trucks have monitoring devices installed and can follow the whereabouts of their vehicles.

Unfortunately, most solutions touted as “fleet management systems” are simply vehicle tracking systems with some additional capabilities (driver conduct, for example).

These systems center fleet management on the vehicle location and generate all information from that viewpoint. In actuality, the vehicle’s location is merely one component of the fleet management system.

By the time the shipment arrives, the fleet manager has done more than half of his work for the customer.

He has looked for the cargo, allocated the vehicle and driver, reviewed the requirements, and prepared the documentation, among other things.

Is fleet management evolving?

The Internet of Things (IoT) has resulted in more connected, safer automobiles through automation, engine sensors, and new technologies aimed to simplify operations.

This new technology brings many unique advantages, including cost savings, increased safety, and enhanced compliance.

However, when fleets add more vehicles and rules change, the volume of data increases, necessitating more administrative attention from fleet managers.

Fleet managers with cross-departmental duties can’t always be active in these activities in a hands-on manner.

Several firms then choose to partner with a fleet management service to analyze data and identify opportunities for increased efficiency.

How fleet tracking and management helps you

Aside from asset monitoring and fleet performance information, the tracking system maintains a plethora of additional data locally in the cloud storage and linked cars.

The facts may not make much sense to the average individual who lacks technical knowledge. However, a software analyst may utilize it in tabular form to acquire intriguing insights into the fleet’s performance.

In interactive graphs, contemporary analytics software tabulates the data. It displays some fascinating facts and statistics that explain the decline and growth of fleet operations.

Such graphs may show you how much gasoline was burned by linked automobiles last month versus this month.

The graph’s peak points will also tell you when the linked cars consumed the most fuel, allowing a fleet operator to determine the cause and make improvements.

Summary

The bottom line is that fleet tracking is just one component of the fleet management equation.

Simply put, it’s a collection of technologies and procedures meant to assist in gathering, transmitting, and storing data that may enhance the performance and ROI of a company’s fleet.