The entire planet is going digitised. Automating consignment and asset tracking using GPS tracking software is the way to go forward for the trucking and shipping sector.
The e-commerce sector as a whole is expanding at a 24.5% annual rate. It is now time for businesses to embrace the digital age by automating their processes with the help of software. Managers no longer have to make educated guesses about the location of their trucks and goods.
Asset tracking has been made easier by technological assistance with fleet management software solutions. Do you want to know how? Learn from this blog, please!
What Do Consignment and Asset Tracking Mean?
Are you concerned about the whereabouts of your assets, such as vehicles and goods, as a fleet or consignment manager? Well, given that so much money depends on them, it is only normal to feel that way!
Consignment and asset tracking are useful in this situation. They use technology to give you real-time updates on the whereabouts of your assets.
Live tracking systems often use GPS tracking software to function. This software tracks everything in your fleet using GPS and a GNSS network. You will be able to trace the whereabouts of your vehicles and, by extension, the consignment, once the appropriate hardware and software have been integrated.
Utilizing these tracking devices is crucial for more reasons than just keeping track of your vehicle’s location. They are crucial for variables including safety, streamlined operations, and profit maximization.
Can GPS Tracking Systems’ Live Tracking Boost Profits?
Your company’s operations will succeed or fail based on its profitability. After all, how else would you have the motivation and recurring funding to advance without profits? Therefore, the goal of any investment you do make should be to raise the profitability of your company.
Real-time tracking with fleet management software can boost profitability by:
- Less admin time: It takes far less time to check software for locational information than it does to ask drivers for updates. You can make better use of your time by doing things that will help your company make more money.
- Better Planning: You may enhance and simplify fleet planning by using the data that asset tracking provides. Instead of applying broad practices, create fleet-centric plans to focus on solving particular issues, which will boost the profitability of your company.
- Low fleet idling: Regarding time and fuel usage, vehicle idling is a major problem. Utilizing consignment and asset tracking software, you can keep an eye on idleness, cut down on it, and boost revenues through greater cost savings.
Can Consignment and Asset Tracking Improve Vehicle Safety?
The greatest approach to feeling confident about your operations is to have real-time assurance that your assets and consignment are secure. Any type of theft, particularly in certain businesses, can be a serious problem for both financial and security reasons. Consignment and asset tracking can help your fleet be safer in the following ways:
- Immobilisation: With a solid fleet management system, you can keep track of your shipment in real time and immobilise vehicles as necessary. When you have the ability to stop your trucks in the event of a threat, your shipment is secure.
- Parking Mode: Real-time tracking via GPS tracking software allows you to determine whether a car is in danger while it is meant to be parked. After all, because the drivers are not constantly on the lookout, most thefts occur when cars are parked.
- Theft recovery: With the use of an asset and consignment tracking systems, you can locate your vehicles and freight even if they are stolen. As a result, you can obtain them back by reporting or sending assistance right away.
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Can GPS Tracking Software Improve Operational Organization?
If you don’t know where your consignment is, streamlining procedures can be challenging. Not only does this ignorance make it harder for you to maintain control, but it also makes it impossible for you to plan activities for the future. Here are a few aspects of real-time tracking of consignment and assets that enable operational streamlining:
- ETAs: Whether delivering the first, middle, or last mile, ETAs are crucial. After all, the recipient should be aware of the expected time for delivery. Additionally, you may only schedule the following trip for the vehicle once you are aware of the completion date of the delivery.
- PODs: ETAs are merely predictions and are of little use in areas with erratic traffic. Therefore, proofs of delivery assist you in knowing precisely when your shipment was delivered to the consumer. Then, you can use this information to better streamline your assets or delivery routes.
- Low fleet idling: Regarding time and fuel usage, vehicle idling is a major problem. Utilizing consignment and asset tracking software, you can keep an eye on idleness, cut down on it, and boost revenues through greater cost savings.
Can Fleet Management Software Give You Control Over Fleet?
Control is one thing you can never lose in business. Even while it’s crucial to grant staff liberty and independence, you must maintain control over your business’s operations. Or, at the very least, you must always be aware of what is happening. Live consignment and asset tracking make this possible.
- Analytical Reports: You will receive insightful reports if you track your assets and consignment using a powerful fleet management software system. These reports give you better control over your fleet by allowing you to see what is typically hidden.
- Better Strategies: You can strategically plan operations, routes, and resource usage to boost corporate earnings if you have a greater understanding of how things work.
- Better Planning: You may enhance and simplify fleet planning by using the data that asset tracking provides. Instead of applying broad practices, create fleet-centric plans to focus on solving particular issues, which will boost the profitability of your company.
Summing Up
Are you prepared for the digital future? Now is the moment to use the appropriate software assistance to make sure that all of your fleet’s operations are seamless and faultless.
You already know how crucial it is for businesses to employ GPS tracking software for consignment and asset tracking thanks to this post. You will undoubtedly be missing out on a lot of the advantages that the rapidly advancing technological age has to offer if you don’t use the appropriate software aid.
Let’s work together to easily streamline your company’s operations using TrackoBit!