Category: Asset Tracking

Vehicle Tracking, Fleet Management

The Role of Vehicle Tracking in Fleet Management: Enhancing Efficiency and Safety

Posted on | by Alexis | Leave a Comment on The Role of Vehicle Tracking in Fleet Management: Enhancing Efficiency and Safety

Efficient fleet management is of paramount importance in various industries that rely on transportation and logistics. It involves overseeing and coordinating a fleet of vehicles to ensure smooth operations and maximize productivity. One key aspect that enhances both efficiency and safety in fleet management is vehicle tracking. 

By utilizing advanced technologies such as GPS and telematics, vehicle tracking provides real-time monitoring and data gathering about a vehicle’s location, performance, and other parameters. In this article, we will explore the role of vehicle tracking in enhancing efficiency and safety within fleet management, highlighting its benefits in optimizing routes, improving driver behavior, ensuring compliance, and promoting overall operational excellence.

Understanding Fleet Management

Fleet management refers to the comprehensive management and coordination of a company’s fleet of vehicles. It encompasses various tasks and responsibilities, including vehicle acquisition, maintenance, operation, and disposal. The goal of fleet management is to optimize the fleet’s performance, reduce costs, ensure compliance with regulations, and enhance overall operational efficiency.

Key Components of Fleet Management:

  1. Vehicle Acquisition: Fleet managers are responsible for determining the appropriate number and types of vehicles needed for the organization’s operations. This involves considering factors such as the specific requirements of the business, the nature of the goods or services being transported, and the budgetary constraints.
  2. Vehicle Maintenance: Regular and timely maintenance is crucial to keep the fleet in optimal working condition. Fleet managers need to establish maintenance schedules, conduct inspections, and address any repairs promptly. Proper maintenance not only ensures the safety of drivers and passengers but also minimizes the risk of breakdowns, costly repairs, and unscheduled downtime.
  3. Fuel Management: Fuel is a significant expense for any fleet. Effective fuel management involves monitoring fuel consumption, analyzing trends, implementing fuel-saving strategies, and identifying fuel-efficient vehicles. By optimizing fuel usage, fleet managers can reduce costs and environmental impact.
  4. Route Planning and Optimization: Efficient route planning is essential to minimize mileage, reduce travel time, and maximize resource utilization. Fleet managers utilize various tools and technologies to plan optimized routes based on factors such as traffic conditions, customer locations, delivery schedules, and vehicle capacities. By identifying the most efficient routes, fleet managers can reduce fuel consumption, improve delivery times, and enhance overall operational efficiency.

Challenges Faced by Fleet Managers:

Fleet managers encounter several challenges in overseeing large vehicle fleets. Some of the key challenges include:

  1. Fleet Size and Complexity: Managing a large fleet with numerous vehicles can be complex and demanding. Tracking and coordinating a large number of vehicles, drivers, and maintenance schedules require robust systems and efficient processes.
  2. Cost Control: Fleet managers face the ongoing challenge of reducing costs while maintaining operational effectiveness. This involves optimizing fuel consumption, minimizing maintenance and repair expenses, and ensuring efficient resource allocation.
  3. Regulatory Compliance: Compliance with various regulations, such as driver hours of service, vehicle inspections, and emissions standards, is essential for fleet managers. Staying up-to-date with changing regulations and ensuring fleet-wide adherence can be challenging.
  4. Safety and Risk Management: Ensuring driver and passenger safety is a top priority for fleet managers. Managing driver behavior, enforcing safety policies, and mitigating risks associated with accidents or breakdowns require effective safety programs and continuous monitoring.
  5. Technology Adoption: Keeping pace with technological advancements can be a challenge for fleet managers. Adopting and integrating new technologies, such as vehicle tracking systems, telematics, and data analytics, require investment, training, and adapting to changing operational processes.

The Importance of Efficient Fleet Management for Businesses:

Cost Reduction: 

Effective fleet management helps reduce operational costs by optimizing routes, minimizing fuel consumption, and implementing proactive maintenance strategies. This leads to lower expenses, increased profitability, and a competitive edge in the market.

Enhanced Productivity: 

By streamlining operations, fleet management improves productivity. Efficient route planning and dispatching ensure timely deliveries, while real-time monitoring allows for quick response to unexpected situations or changes in customer demands.

Improved Customer Service: 

Efficient fleet management directly impacts customer satisfaction. By optimizing routes and delivery schedules, businesses can ensure timely and reliable service to their customers. Real-time tracking enables businesses to provide accurate delivery estimates and quickly address any issues or delays that may arise.

Safety and Risk Mitigation: 

Effective fleet management prioritizes driver safety and reduces the risk of accidents. By monitoring driver behavior, enforcing safety protocols, and providing training, fleet managers can improve driver performance and minimize the likelihood of accidents or incidents. This not only protects the drivers but also reduces potential liabilities for the business.

Compliance with Regulations: 

Fleet management plays a crucial role in ensuring compliance with various regulations and industry standards. By maintaining accurate records, monitoring driver hours of service, and conducting routine inspections, businesses can avoid penalties and legal complications.

Asset Optimization: 

Fleet management involves maximizing the utilization and lifespan of vehicles. By implementing maintenance schedules, tracking performance metrics, and disposing of vehicles at the appropriate time, businesses can optimize their fleet assets and minimize unnecessary costs.

Data-driven Decision Making: 

Vehicle tracking and other technologies used in fleet management generate valuable data. This data can be analyzed to gain insights into vehicle performance, driver behavior, fuel consumption, and other key metrics. By leveraging this information, fleet managers can make informed decisions, identify areas for improvement, and implement strategies to further enhance efficiency and productivity.

The Benefits of Vehicle Tracking in Fleet Management

Vehicle tracking is a valuable tool in fleet management that offers numerous benefits, particularly in terms of improving efficiency. By providing real-time tracking and monitoring of vehicles’ locations, fleet managers gain valuable visibility into their fleet’s movements. They can easily track the exact position of each vehicle, allowing for more accurate planning and decision-making.

One significant advantage of vehicle tracking is the ability to optimize routes and reduce idle time. With real-time data on traffic conditions and vehicle locations, fleet managers can identify the most efficient routes for their drivers. By minimizing unnecessary mileage and avoiding congested areas, vehicles can reach their destinations faster, resulting in improved delivery times and increased productivity.

Furthermore, vehicle tracking helps enhance fleet utilization and minimize downtime. Fleet managers can identify vehicles that are not being utilized to their full potential or are underutilized. By reallocating resources or optimizing scheduling, they can ensure that vehicles are actively engaged in operations, maximizing their usage and overall efficiency. Additionally, vehicle tracking allows for proactive maintenance scheduling, reducing the risk of unexpected breakdowns and minimizing unplanned downtime.

Incorporating vehicle tracking systems also enables fleet managers to monitor driver behavior and performance. They can receive real-time alerts for instances of speeding, harsh braking, or other unsafe driving practices. By addressing these issues promptly and providing training or feedback, fleet managers can improve driver behavior, reduce the risk of accidents, and enhance overall safety.

Moreover, vehicle tracking systems offer valuable data that can be analyzed to identify patterns and trends. By examining vehicle performance metrics, fuel consumption, and other parameters, fleet managers can gain insights into areas for improvement. This data-driven approach enables them to make informed decisions regarding route optimization, maintenance schedules, and resource allocation, further enhancing the overall efficiency of the fleet.

Enhanced Safety

One of the significant benefits of vehicle tracking in fleet management is the ability to enhance safety. Vehicle tracking systems enable fleet managers to monitor driver behavior and promote safe driving practices. By receiving real-time alerts for speeding, harsh braking, or other unsafe behaviors, fleet managers can intervene promptly and provide feedback or training to drivers. This proactive approach to improving driver behavior helps reduce the risk of accidents and promotes a safer driving culture within the fleet.

Another aspect of safety in fleet management is proactive maintenance scheduling. Vehicle tracking systems provide valuable data on vehicle performance, including engine diagnostics, fuel consumption, and mileage. By analyzing this data, fleet managers can identify potential maintenance issues before they escalate into breakdowns or accidents. By scheduling maintenance and addressing any emerging problems promptly, fleet managers ensure that vehicles are in optimal working condition, reducing the risk of accidents caused by mechanical failures.

In the unfortunate event of theft or accidents, vehicle tracking systems play a crucial role in emergency response and recovery. In cases of vehicle theft, fleet managers can quickly locate the stolen vehicle using real-time tracking information and notify the authorities. This improves the chances of recovering the vehicle and mitigates potential losses for the business. Similarly, in the event of accidents or breakdowns, vehicle tracking allows fleet managers to locate the nearest vehicle and dispatch assistance or support quickly. This helps minimize response times, provide timely aid to drivers, and ensure their safety.

By incorporating vehicle tracking systems, businesses can prioritize safety in their fleet management practices. Monitoring driver behavior, promoting safe driving practices, implementing proactive maintenance schedules, and facilitating emergency response and recovery contribute to an overall safer operating environment. These safety measures not only protect the drivers and assets but also reduce the potential liabilities and financial costs associated with accidents or theft.

Cost Reduction

Vehicle tracking systems in fleet management play a vital role in cost reduction by offering several strategies to optimize expenses and increase efficiency.

One significant aspect of cost reduction is fuel optimization. Vehicle tracking allows fleet managers to plan and monitor routes in real-time, considering factors such as traffic conditions, road closures, and delivery schedules. By identifying the most efficient routes, fleet managers can minimize unnecessary mileage and reduce fuel consumption. This not only lowers fuel expenses but also has a positive environmental impact by reducing carbon emissions.

Proactive maintenance scheduling is another way vehicle tracking helps in cost reduction. By utilizing vehicle tracking systems, fleet managers can monitor vehicle performance data such as engine diagnostics, fuel consumption, and mileage. This information enables them to identify maintenance needs and schedule servicing proactively, preventing breakdowns or costly repairs in the future. Regular maintenance ensures vehicles operate optimally, reducing the likelihood of unexpected expenses and minimizing downtime.

Improving safety records through vehicle tracking systems can also lead to cost reduction. By monitoring driver behavior and promoting safe driving practices, fleet managers can reduce the risk of accidents and associated costs such as vehicle repairs, medical expenses, and legal liabilities. Additionally, a positive safety record can lead to lower insurance premiums, as insurance providers often offer discounts or incentives for fleets with good safety records. By leveraging vehicle tracking to enhance safety, businesses can save on insurance costs and allocate resources more efficiently.

Moreover, vehicle tracking systems provide data that can be analyzed to identify inefficiencies and areas for improvement. By examining factors such as idle time, excessive speeding, and inefficient route planning, fleet managers can make data-driven decisions to optimize operations and reduce costs. They can implement strategies to minimize idle time, enforce fuel-saving practices, and optimize resource allocation, leading to increased efficiency and reduced expenses.

Implementing Vehicle Tracking Systems

When considering the implementation of vehicle tracking systems in fleet management, businesses need to explore different types of tracking technologies available in the market. There are various options to choose from, such as GPS-based systems, cellular-based systems, and satellite-based systems. Each type has its own advantages and limitations, so it is essential to assess the specific needs and requirements of the business before making a selection.

Selecting the right tracking system is crucial to ensure that it aligns with the business needs. Factors to consider include the size of the fleet, the nature of operations, the desired level of tracking accuracy, and the available budget. Some businesses may require real-time tracking capabilities, while others may prioritize cost-effectiveness. Evaluating these factors helps in identifying the most suitable tracking system that meets the business’s unique requirements.

Integration is another critical aspect of implementing vehicle tracking systems. It is essential to choose a tracking system that can seamlessly integrate with existing fleet management software or other operational systems. Integration enables data synchronization and streamlines workflows, eliminating the need for manual data entry and allowing for a more efficient and streamlined fleet management process. By integrating vehicle tracking systems with existing software, businesses can leverage the full potential of the technology and maximize its benefits.

During the implementation process, businesses should also consider the training and support provided by the tracking system provider. Proper training ensures that fleet managers and employees are equipped with the knowledge and skills to effectively utilize the tracking system. Additionally, ongoing technical support is crucial to address any issues or concerns that may arise during the usage of the system.

To ensure a smooth implementation, businesses should establish clear objectives and communicate them to all stakeholders involved. It is important to involve key personnel, such as fleet managers, IT staff, and drivers, in the planning and implementation process. This fosters a sense of ownership and increases the likelihood of successful adoption and utilization of the vehicle tracking system.

Overcoming Challenges and Maximizing Success

Implementing vehicle tracking systems in fleet management may present some challenges, but by addressing them effectively, businesses can maximize the success of the system and reap its benefits.

One challenge that may arise is privacy concerns and employee buy-in. Employees may have reservations about being constantly tracked and monitored. To address these concerns, it is crucial to establish clear communication and transparency regarding the purpose and benefits of the vehicle tracking system. Educate employees about how the system enhances safety, improves efficiency, and benefits both the business and the drivers themselves. Emphasize that the focus is on optimizing operations and ensuring their well-being. It is important to create an environment where employees feel comfortable and understand the value the system brings to their work.

Training and educating employees on utilizing vehicle tracking systems effectively is key to maximizing their success. Provide comprehensive training sessions that cover the features and functionalities of the tracking system. Train employees on how to interpret and utilize the data provided by the system to optimize their driving behavior and enhance their performance. Encourage open dialogue and address any concerns or questions that employees may have during the training process. By empowering employees with knowledge and understanding, they can actively engage with the system and contribute to its success.

Analyzing data and leveraging insights for continuous improvement is essential in maximizing the benefits of vehicle tracking systems. Regularly review and analyze the data collected by the system to identify areas for improvement. Look for patterns, trends, and opportunities to enhance operations, reduce costs, and increase efficiency. For example, if the data reveals a specific route that consistently causes delays, adjustments can be made to improve efficiency. Use the insights gained to make data-driven decisions and implement strategies that lead to continuous improvement.

Additionally, encourage feedback from employees and fleet managers on their experiences and observations while using the vehicle tracking system. This feedback can provide valuable insights into the system’s effectiveness, identify areas for improvement, and help address any operational challenges that may arise. By fostering a culture of continuous improvement and actively seeking input from all stakeholders, businesses can maximize the success of the vehicle tracking system and ensure its long-term value.

Conclusion

In conclusion, vehicle tracking plays a pivotal role in fleet management, offering a wide range of benefits that contribute to enhanced efficiency and safety. By utilizing advanced technologies, businesses can optimize their fleet operations, reduce costs, improve customer service, and ensure the safety of drivers and assets.

The importance of vehicle tracking in fleet management cannot be overstated. Real-time tracking and monitoring of vehicles’ locations enable fleet managers to make informed decisions regarding route planning, scheduling, and dispatching. This leads to minimized mileage, reduced idle time, and improved overall operational efficiency.

Moreover, vehicle tracking systems enhance safety by promoting safe driving practices, enabling proactive maintenance scheduling, and facilitating emergency response and recovery. By monitoring driver behavior and addressing unsafe practices, businesses can reduce the risk of accidents and protect their drivers and assets. Additionally, real-time tracking enables quick assistance in case of theft, accidents, or breakdowns, ensuring the safety of drivers and the recovery of stolen vehicles.

To stay competitive in the ever-evolving transportation and logistics landscape, businesses should embrace vehicle tracking technology. It empowers fleet managers with valuable insights, allowing them to make data-driven decisions, optimize operations, and continuously improve efficiency. By implementing vehicle tracking systems, businesses can streamline their fleet management processes, increase productivity, and enhance customer satisfaction.

Vehicle tracking is a game-changer in fleet management. Its positive impact on efficiency and safety cannot be ignored. Businesses that embrace vehicle tracking technology position themselves for a competitive edge, as they can optimize their operations, reduce costs, and provide reliable and efficient services to their customers. By harnessing this technology, businesses can drive success in the transportation and logistics industry and achieve long-term growth and profitability.

Ready to enhance the efficiency and safety of your fleet management operations? Embrace the power of vehicle tracking technology today! Contact us to explore how our cutting-edge solutions can revolutionize your fleet management practices and drive your business towards success. Schedule a demo or request more information now and unlock the full potential of vehicle tracking in fleet management. Don’t miss out on the opportunity to optimize your operations and stay ahead of the competition. Take the first step towards a more efficient and secure fleet management system by reaching out to us today!

Key Components of an Indoor Tracking System

Posted on | by Alexis | Leave a Comment on Key Components of an Indoor Tracking System

In today’s fast-paced world, businesses need efficient and reliable tracking solutions to manage their assets, optimize their operations, and improve their productivity. This is where indoor tracking systems come in. 

Indoor tracking systems are becoming increasingly popular across a range of industries, from healthcare to retail to manufacturing. By keeping track of people, equipment, and assets within a facility – these systems can provide valuable data and insights that can help organizations optimize operations, improve efficiency, and enhance the overall customer experience. 

What is Indoor Tracking?

An indoor tracking system is a technology that monitors the location and movement of people, goods, and equipment within a confined space. It uses a combination of interacting technologies to provide real-time data on target movement, particularly in situations where GPS signals may not be available or reliable.

Indoor tracking can be useful in a variety of settings, such as retail stores, hospitals, museums, and warehouses. It can help administrators keep track of the location of employees, customers, or items within the facility. Beyond that, indoor tracking can be used to collect data on traffic patterns within the facility, helping administrators make decisions and optimize operations.

How Does Indoor Tracking Work?

Indoor tracking is usually enabled through a combination of technologies such as Bluetooth Low Energy (BLE) beacons, Wi-Fi access points, inertial sensors, and machine learning algorithms. These systems can be customized to meet the specific needs of different applications, and can be used to track a wide range of devices, from smartphones and tablets to RFID tags and other IoT devices.

The Key Components of Indoor Tracking Technology

Indoor tracking systems make use of a number of different pieces of technology and software to deliver accurate location data within indoor spaces. These include:

Beacons

Beacons are small wireless devices that emit Bluetooth Low Energy (BLE) signals at regular intervals. They are usually installed on walls or ceilings throughout indoor environments to help triangulate the location of a mobile device.

Wi-Fi Access Points

Wi-Fi access points are used to track a device’s location by detecting the strength of its signal. The signals from multiple access points can be combined to pinpoint the exact location of a device within an indoor space.

Inertial Sensors

Inertial sensors like accelerometers and gyroscopes can be used to understand how a mobile device is moving within an indoor environment. These sensors are capable of detecting changes in direction and speed, allowing for precise tracking of a device’s movements.

Machine Learning Algorithms

Machine learning algorithms are used to process the data collected from beacons, Wi-Fi access points, and inertial sensors. These algorithms can take into account factors such as signal strength, device orientation, and movement patterns to improve the accuracy of location estimates.

What is Positioning Technology?

Positioning technology in indoor tracking refers to the use of different techniques to determine the location of objects or people within indoor spaces. These techniques rely on a variety of sensors and technologies to track the movements of objects or people, and provide information about their position in real-time. 

Aside from the individual components that work together to enable indoor tracking, there are also different ways of approaching the challenge of positioning within an indoor environment. Here’s a look at some of the most common:

Wi-Fi-Based Positioning

This technique uses the signals from Wi-Fi access points to determine the location of objects or people within a building. By analyzing the signal strength of different access points, it is possible to pinpoint a device’s location with an accuracy of up to one or two meters.

BLE-Based Positioning

BLE-based positioning systems make use of Bluetooth beacons to triangulate the location of a device. Beacons are programmed with a specific signal strength, and by measuring the signals from multiple beacons it is possible to calculate the position of a device.

RFID-Based Positioning

Radio-frequency identification (RFID) tags can be used to track objects or people within a specific area. RFID tags are programmed with unique identifiers, and can be read by a reader installed in the area being tracked. The accuracy of this system depends on the range of the reader, but can be as precise as one meter.

Ultrasound-Based Positioning

This technique involves the use of ultrasound waves to determine the location of objects or people within a building. Ultrasound signals are sent from multiple transmitters and then reflected back to receivers, allowing for the calculation of distances and location.

Magnetic Field-Based Positioning

Magnetic field-based positioning utilizes the Earth’s magnetic field to help determine the location of a device. It relies on sensors that measure a device’s orientation and movement relative to the magnetic field, allowing for accurate location tracking indoors.

Visual-Based Positioning

This technique uses cameras to detect the location of objects or people within a building. It relies on image recognition algorithms to identify and track individuals or objects as they move around.

Overall, positioning technology in indoor tracking enables a wide range of applications, including asset tracking, navigation, and real-time location-based services.

What Can a Real-Time Location System (RTLS) Do?

Indoor tracking systems are capable of delivering far more value than a target’s geographic location – they’re built with a number of add-on features that make them even more useful for business logistics. Here are just a few examples of the capabilities that a good indoor RTLS system can offer:

Indoor Geo-Fencing

Geo-fencing refers to a system of virtual barriers that can be programmed into a tracking system. When someone or something crosses one of the pre-set boundaries, the system will be alerted and can take a certain action such as sending an alert, recording an entry/exit point, or triggering another response.

This can be extremely valuable for large facilities and warehouses that have a lot of ground and assets to manage but limited staff.

Employee Location Tracking

In addition to tracking assets, RTLS systems are also capable of tracking the locations of employees in real-time. This type of system can be invaluable for businesses that need to track employee compliance and productivity, or even just to maintain safety in hazardous work environments.

Two-Way Ranging

Two-way ranging is a technique used in indoor tracking to determine the distance between two objects. This technique works by sending a signal from one object, such as a Bluetooth beacon or RFID tag, to another object and measuring how long it takes for the signal to return. The time it takes for the signal to travel gives an estimate of the distance between the two objects.

Two-way ranging is a valuable tool for indoor tracking because it allows for accurate positioning of objects in real-time. This technique can be used in a variety of applications, such as asset tracking and inventory management in warehouses, indoor navigation systems for retail stores, and even tracking the movements of people in hospitals.

The accuracy of two-way ranging can be further improved by using multiple beacons or tags and calculating the position based on the intersection of the signal distances.

Activity History Tracking

Real-time location systems record the movements of their targets and store the data for analysis. This is helpful in many ways – it can be used to identify inefficiencies, detect anomalies, and even calculate the most efficient routes for employees.

This kind of data can also be invaluable when it comes to uncovering problems in the supply chain, as it can help to identify where bottlenecks and other issues are occurring.

Conclusion

An indoor tracking system is a crucial investment for businesses, organizations, and other entities that rely on accurate and reliable data to enhance operations. The system’s capabilities go beyond just tracking the location of people or assets, but also include features that provide valuable insights and analytics. 

In a world where everything moves at breakneck speed, indoor tracking systems ensure operational viability and sustainability. These technologies open up a new door of possibilities, from ensuring employee safety and productivity to optimizing the supply chain.

All these components work cohesively to provide businesses with accurate, real-time data that supports decision-making and improves operations. Contact your Zenduit consultant today to see how indoor tracking can work for you.

 

How Indoor Tracking Improves Productivity, Compliance and Safety

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In today’s fast-paced business landscape, optimizing productivity, compliance, and safety has become essential for companies to stay ahead of the competition. One technology that has been gaining popularity in recent years for achieving these goals is indoor tracking. 

According to a report by MarketsandMarkets, the indoor location market is expected to grow from $6.1 billion in 2020 to $17.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.5% during the forecast period. 

In this article, we will explore how indoor asset tracking can improve productivity, compliance, and safety in various industries and applications, and how businesses can leverage this technology to achieve their goals. 

Productivity

Productivity is a major concern in any business, but is especially pertinent in large-scale, fast-moving sectors. Staying afloat means staying competitive at all times – anything less, and you’ll surely be left behind.

Indoor tracking can be an excellent tool for streamlining company operations, improving productivity and sustaining business growth. Here are just a few of the ways it can make a difference:

Asset Finding

Having an indoor tracking system in place allows you to instantly locate any tagged asset or item within your premises. This can save precious time, as well as reduce anxiety and stress.

Asset Utilization

Indoor tracking can help you maximize the use of assets, both human and material. It allows you to monitor employee performance in real-time, pinpointing areas of wastage and inefficiency.

Process Optimization

When a company implements an indoor tracking system, it obtains valuable insights into how processes are functioning within the organization. This allows for swift course correction, enabling the company to fine-tune its processes and optimize performance.

Analytics

Indoor tracking solutions generate data that can be used to evaluate the performance of teams, employees and processes. This information is invaluable in helping businesses make data-driven decisions, as well as devise long-term strategies for improvement.

Compliance

Most, if not all, companies want to follow the law. Rules and regulations exist to keep people and property safe, and breaking them can come with damaging consequences. But despite best efforts, it’s not always easy to ensure that an entire logistics operation is staying compliant at all times. Here are some ways that indoor tracking technology an help:

Condition-Based Monitoring

Condition-based monitoring is a form of predictive maintenance intended to continuously monitor the condition of assets for potential problems. It enables companies to detect issues before they become serious and costly, as well as fulfill their responsibilities of providing a safe working environment for staff.

Regulatory Compliance

Regulatory standards are constantly changing, and staying up to date can be a challenge. With an indoor tracking system in place, companies can make sure that all of their operations are compliant with the latest regulations.

Process Traceability

Having access to detailed records of all processes, transactions and activities can help a company meet the most stringent compliance requirements. Indoor tracking systems can provide this information in an organized and efficient manner, helping companies stay prepared for any potential audit.

Real-Time Alerts

Any time a process deviates  from its intended settings, an indoor tracking system can send out alerts to the relevant personnel. This allows problems to be addressed instantly and compliance maintained at all times.

Safety

Safety is paramount in any company, and it’s the responsibility of employers to ensure that their staff remain out of harm’s way at all times. Indoor tracking systems come into play here yet again, offering organizations a number of advanced features and resources designed to bolster operational integrity.

Security

Deploying an asset management system means installing a litany of different cameras, sensors and beacons throughout a premises. While the main benefit of this is increased operational  efficiency, it also serves as an important security measure. Any suspicious activity can be quickly identified and appropriate actions taken.

Access Control

Access control is a core component of security. Indoor tracking systems allow businesses to track exactly who has access to which areas, providing greater oversight and control over their premises. This is extremely important for organizations that operate large facilities or sites with a limited physical security presence.

Space Optimization

By monitoring how space is being utilized, companies can ensure that their staff and premises are organized in the most efficient way possible. This can also be accomplished remotely, allowing managers to spot any potential safety hazards and address them immediately.

Wearable Technology

Wearable technology is becoming increasingly popular in the workplace, with a range of devices offering real-time tracking and communication capabilities. By equipping workers with smart watches or other devices, companies can ensure that their staff are always connected and able to share their location in case of an emergency.

Best-In-Class Solution Framework

Indoor tracking technology has the potential to reshape the logistics industry as we know it. But its benefits aren’t guaranteed. Effectively reaping the value from the opportunities it offers  requires thoughtfully designing and deploying the right indoor tracking solution.

If we consider the framework of an industry-leading suite of products that meets the day-to-day needs of complex organizations, we might list the following advantages:

Real-Time, Accurate Positioning

The right solution should offer uninterrupted accuracy and precision, with location data updated in real-time. This allows companies to keep track of their assets without having to rely on manual input.

Highly-Scalable and Maintenance-Free

The benefits of advanced asset tracking technology shouldn’t have to come at the expense of scalability or convenience. An indoor tracking solution should scale with organizations of any size, without the need for complicated installation, maintenance or technical management.

Seamless Outdoor-Indoor Transition

For an indoor tracking system to be most beneficial, it’s important to offer a seamless transition between indoor and outdoor positioning. This feature makes them ideal for organizations that deal with both environments on a daily basis.

Easy Integration with Existing Telematics Platforms

No one wants complicated (and expensive) installation every time there’s an upgrade or a new product to integrate. Indoor tracking solutions should be designed to integrate effortlessly with existing telematics platforms, so you can benefit from all the features of advanced tracking without having to invest in a completely new solution.

Fastest Time to Market

The benefit to the end user of an indoor asset tracking solution being first to market is that they will have access to cutting-edge technology that can help them to optimize their business operations and improve efficiency. For example, reducing the amount of time and resources spent searching for lost or misplaced assets, which can ultimately lead to cost savings and increased productivity. 

In addition, an indoor asset tracking solution can help businesses to identify bottlenecks and inefficiencies in their operations, allowing them to make data-driven decisions that can improve processes and workflows. By being the first to adopt this technology, end users can gain a competitive advantage over their competitors who have not yet implemented such a solution, enabling them to stay ahead in an increasingly competitive business landscape.

Minimal Infrastructure Requirements

We understand that not every company or facility has the  infrastructure to support a complex indoor tracking system. That’s why our solutions are designed with minimal hardware requirements – implement them quickly and cost-effectively in no time.

Conclusion 

Indoor asset tracking has become an essential technology for businesses looking to improve compliance, safety, and productivity in their operations. 

By implementing an indoor asset tracking solution, businesses can ensure that their assets are being used in compliance with regulatory requirements and safety standards. 

In addition, the ability to track assets in real-time can help businesses to prevent safety incidents and mitigate risks. Furthermore, indoor asset tracking can improve productivity by streamlining operations, reducing downtime, and optimizing workflows. 

By leveraging the power of indoor asset tracking, businesses can gain a competitive advantage and position themselves for success in the long term. 

With the rapidly growing demand for this technology, now is the time for businesses to consider implementing an indoor asset tracking solution to drive compliance, safety, and productivity in their operations. Reach out to one of our consultants today to see which indoor GPS tracking solution will work for you.

AI Asset Tracking

The Benefits of AI Asset Tracking

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Once relegated to science fiction, artificial intelligence (AI) and machine learning (ML) are now hot topics in the world of fleet technology and more specifically, asset tracking. It’s easy to see why; both innovations are making their way into every facet of our daily lives, from the way we drive our cars to the way we do our shopping. 

It’s not just consumer-facing applications that are benefiting from AI. Businesses in a wide range of industries are beginning to adopt AI technology in order to improve their operations. 

One such industry is transport and commercial fleets, where AI asset tracking tools are giving fleet managers greater visibility and control over their assets. 

In this article, we’ll discuss some of the ways AI asset tracking can benefit your business.

What Is Artificial Intelligence?

AI is a branch of computer science focused on mimicking human-like intelligence in machines. AI research deals with the question of how to create computers that are capable of behaviour such as decision-making, natural communication, and problem-solving.

A great example of this technology in present use would be virtual assistants such as Siri and Alexa, which answer questions and perform tasks based on user requests.

What Is Machine Learning?

Machine learning (ML) is a subset of AI. ML also emulates human intelligence in computer systems, only with a specific focus on pattern recognition.

This means that, rather than being explicitly programmed with a set of rules and regulations to follow, machine learning algorithms are “trained” on data sets. The more data the algorithm is exposed to, the better it becomes at generalizing from that data and making predictions.

It’s very likely that you’ve encountered ML in your day-to-day life; common examples include spam filters on your email and product recommendations on sites such as Amazon.

The Role of AI Asset Tracking

AI and ML are increasingly commonplace in modern devices and products. Asset tracking tools are no exception, and use the technology to enhance and automate work processes.

Automated Tracking

AI asset tracking provides an enhanced level of automation without the need for human input. This is done through a combination of sensors and RFID tags, which are able to collect data on the location, movement, and status of a given asset.

This data is then fed into an AI system which uses predictive modeling to generate real-time updates on the location of each asset. This is an extremely valuable capability as it frees up resources that would otherwise be dedicated to manual tracking, and reduces the potential for human error.

Inventory Management

Inventory management is another key area where AI asset tracking can streamline work processes.

AI asset tracking systems can automatically keep track of inventory levels, and notify relevant personnel when stock is running low. This eliminates the need for manual checks and helps to ensure that inventory is always kept at optimum levels.

Predictive Maintenance

Predictive maintenance refers to the proactive maintenance of equipment and devices. The goal is to prevent issues before they happen by using data to identify potential problems and schedule maintenance accordingly.

This is accomplished by training machine learning algorithms on data sets that include information on past failures. By detecting patterns in this data, the algorithm is able to make predictions on whether or not a particular asset is likely to experience an issue, and when. This information can then be used to plan maintenance and avoid costly downtime.

Product Quality Inspections

Product quality inspections are another common use for AI asset tracking. By using machine learning algorithms to analyze data from sensors and cameras, it’s possible to automatically detect defects in products. This information can then be used to trigger quality control measures or stop production altogether if necessary.

Optimized Routes

Asset tracking systems often need to plan routes for commercial vehicles. This can be a time-consuming and challenging task, particularly when dealing with a large number of assets.

By taking into account a variety of factors such as traffic, weather, and the current location of assets, AI asset tracking systems are able to generate optimized routes much more efficiently. This not only saves time, but also reduces fuel costs and carbon emissions while improving driver safety.

As you can see, AI and ML have a major impact on asset tracking. Businesses can improve efficiency, save time and money, and prevent issues before they cause problems. If you’re not already using these technologies in your asset tracking system, now is the time to start.

Benefits of asset tracking

The Top Five Benefits of Asset Tracking

Posted on | by Alexis | Leave a Comment on The Top Five Benefits of Asset Tracking

Your organization’s assets represent a massive investment; asset tracking provides visibility into their status, location and usage. As a result, these solutions can help optimize your assets’ efficiency and extend their lifecycle, saving your organization money in the short and long-term.

Are you interested in asset trackers for your business but not sure where to start? This guide will provide you with everything you need to know about this essential fleet management technology. 

What Is Asset Tracking?

Asset tracking refers to the process of monitoring physical property. It’s a strategy used by countless organizations to keep tabs on their valuable items and gain insight into the way they’re used.

This concept has been around for decades, traditionally taking the form of paper-based spreadsheets and notes. As technology has evolved, so too has the process, to the point where most asset tracking systems today are entirely digital.

Modern tracking software uses a variety of tools to do its job, including barcodes, QR codes, GPS and RFID tags. Each of these technologies work differently, yet all serve the same function of connecting a physical item’s real-world status to an online database.

What Is Asset Tracking Used For?

Asset tracking is used in a variety of industries and for a number of reasons. In the context of transportation or fleet management, companies usually invest in the technology to keep tabs on their vehicles and/or payload. 

These systems might be applied to ensure that a company vehicle is being used as intended, to recover a stolen vehicle, or to make sure that a vehicle’s contents are delivered on time.

In other industries, such as healthcare and retail, asset tracking systems are used to keep inventory in check. This might involve tracking high-value items such as medical equipment or designer clothes. In some cases, the system might be used to keep an eye on company property, such as laptops and tools.

The Top Five Benefits of Asset Tracking Systems

While there’s no doubt that asset tracking is growing in popularity, there are those who remain hesitant to invest in the technology. The main reason for their reluctance is cost. While some asset trackers may indeed be cost-prohibitive, there are scalable, economic solutions for fleets of every size. In addition, the benefits can quickly outweigh the burden of the initial investment. 

Here are the top five benefits:

1. Increased Equipment Longevity

Maintenance is a key practice in the world of transport – let it fall by the wayside and you’re quickly looking at operational disruptions, accidents and added costs. 

Fleet managers have traditionally relied upon paper-based systems and maintenance logs to keep track of when their trucks, buses and cars are due for maintenance. The problem with this method is that it’s often inaccurate and incomplete, leading to assets being overlooked and neglected.

An asset tracking solution automatically logs vehicle data, including usage and mechanical status. When it comes time to service the vehicle, a tracker will flag the vehicle and send an alert to the fleet manager. 

As a result, assets receive the maintenance they need when they need it, meaning they’re less likely to break down and require repair or replacement.

2. Centralized Data

Another downside of paper-based tracking systems is that data is often stored in a number of different places. From spreadsheets and individual notes to diaries and planners, it can be difficult for fleet managers to get their hands on the information they need, when they need it.

Asset tracking stores all data in one centralized location, meaning it can be accessed quickly and easily by anyone with permission. Instant access to vehicle data helps improve decision-making, maintenance schedules and even route optimization, as managers are no longer working with outdated or incorrect information.

3. Improved Operational Efficiency

Time is money. In transportation, the longer a vehicle is on the road, the more money it’s making for the company.

Asset tracking systems can optimize routes and schedule maintenance in a way that minimizes disruptions and unnecessary travel. This not only saves time, but also helps improve fuel efficiency.

4. Reduced Costs

While asset tracking represents an initial investment, this technology can help reduce costs in a number of ways.

As we’ve already mentioned, asset tracking systems can help to extend the life of your vehicles by ensuring they receive the maintenance they need, when they need it. In addition, collected data can be used to improve fuel efficiency and reduce wear and tear on assets. In some cases, asset trackers can even qualify as anti-theft devices, thereby reducing insurance premiums.

5. Enhanced Customer Service

In the world of transportation, customer service is key. Your clients want to know that their goods will arrive on time and in good condition – anything less and they’ll take their business elsewhere.

An asset tracking system can help to improve customer service in a number of ways. For example, asset tracking data can provide updates on a shipment’s progress. If there are any delays or issues, the system can be used to quickly reroute assets and minimize the impact on customers.

It’s the twenty-first century – why rely on paper-based systems that are inefficient and inaccurate? Asset tracking systems offer a number of benefits that can improve the efficiency of your business. 

From reducing costs to enhancing customer service, there’s no reason not to make the switch. Contact your GoFleet consultant today and find out which asset tracking solution is right for you.

Asset Trackers

Five Types of Asset Tracking Technology

Posted on | by Alexis | Leave a Comment on Five Types of Asset Tracking Technology

(And How to Select the Best One)

If you’re anything like most fleet managers, you’re aware of the benefits that asset tracking technology can offer your business. But with all of the different options on the market, it can be hard to know where to start and what solution to invest in.

In this article, we’ll break down the five main types of asset tracking technology, as well as the top considerations to keep in mind when choosing a solution for your fleet.

The Top Five Types of Asset Tracking Technology

1. Barcodes

Barcodes are one of the most popular and well-known asset tracking technologies. From store shelves to boxes and clothing tags, they offer a degree of simplicity and cost-effectiveness that make them ideal for a range of applications.

Standard one-dimensional barcodes work via laser-scanning technology. Their dense series of black and white lines reflect light in unique patterns that create analog signals the scanner can interpret as digital data. This data is then passed on to a software application that uses it to track the associated asset.

While conventional barcodes are still in use today, their storage capacity is quite limited. This necessitates the use of multiple barcodes to track a single asset, which can quickly become cumbersome and impractical. 

Another challenge of barcodes lies in their implementation; because the codes are printed onto labels that are applied to assets, they can be easily removed or tampered with.

2. QR Codes

Quick Response (QR) codes are a slightly different version of the conventional barcode. Rather than relying on a single analog set of black and white lines, QR codes use square-based patterns of dots that can store more data in a much smaller space.

Like barcodes, QR Codes are scanned and read by an imaging device. Data is then interpreted by a software application to track the asset. Their increased capacity for data storage allows these unique codes to store far more information than barcodes. This means that an organization can use a single QR code, rather than multiple barcodes, to track an asset.

Because of their digital nature, QR codes are harder to tamper with, but printed QR codes can still be removed from an asset.

3. Radio-Frequency Identification (RFID)

Radio Frequency Identification, or RFID, is a radio-based technology used for tracking assets. It consists of three main components: tags, readers, and software.

RFID tags are small devices that emit radio signals. They can be either active or passive. Active RFID tags have their own power source and can transmit signals over long distances, while passive RFID tags rely on the power from the reader to transmit signals over shorter distances.

RFID readers are devices that receive and interpret the radio signals emitted by RFID tags. They are connected to a software application that uses the data from the tags to track assets.

One of the main advantages of RFID technology is that it does not require a line of sight to work. This means that assets can be tracked even if they are hidden from view, making it ideal for tracking inventory in warehouses. 

The only downside is that while tags themselves can be inexpensive, the readers can be cost-prohibitive.

4. Near Field Communication (NFC)

Have you ever paid for something by tapping your debit card or even your smartphone? Chances are you’ve used Near Field Communication (NFC) technology. 

This short-range, wireless communication technology is similar to RFID in that it uses radio signals to communicate data. 

However, the key difference is that NFC requires physical contact between the tag and the reader, while RFID does not.

5. GPS

GPS is already widely-used in the world of fleet management. Companies have long used it to plan routes, give directions and identify vehicle locations. Currently, GPS is finding utility in asset tracking.

By equipping assets with GPS trackers, companies can see where they are at any given time, as well as where they’ve been and how long they’ve been there. This information is valuable for tracking inventory, particularly if products are being delivered to multiple locations. 

How to Select the Right Asset Tracking Solution for Your Fleet

With so many options to consider, it’s easy to feel overwhelmed. But the process doesn’t have to be complicated. Here’s a quick rundown of the main factors you should keep in mind when selecting a. asset tracking solution.

Business Goals

While asset trackers serve the same function, they aren’t always used for the same reason. Some companies implement them to improve fleet safety, while others use them to boost efficiency or cut costs. It’s important to know what your goal is before selecting an asset tracking solution, so you can narrow down your options.

Budget

Asset tracking solutions can range in price from a few hundred dollars to a few thousand. You don’t necessarily have to invest in the biggest, most expensive technology to reap the benefits of asset tracking. It’s important to have a realistic budget in mind before beginning your search, as this will help you rule out any products that are out of reach.

Work Environment

If you’re planning on tracking assets that are outdoors, you’ll need a solution that can stand up to the elements. This might mean opting for a waterproof tracker or one with a long battery life.

Similarly, you’ll want to ensure that the solution you choose has a wide enough range to track assets through walls, or find assets that have been moved out of range.

Assets

There are tons of asset tracking technologies on the market, each with their own pros and cons. With that in mind, you should select a product that makes sense for your specific assets and how they will be used. 

For example, if you’re looking to track long-distance vehicles, GPS would likely be the best solution.

As technology continues to evolve, the opportunity to take advantage of asset tracking solutions will only grow. Understanding the different types of technology will help you select the right one for your business needs. 

Don’t wait to improve the safety, efficiency and overall effectiveness of your operations. Contact your GoFleet consultant today and ask about our asset tracking solutions.

What is an Asset Tracking System?

Posted on | by Alexis | Leave a Comment on What is an Asset Tracking System?

Asset Tracking System

The internet has connected people and businesses in ways that were once unthinkable, leading to new opportunities for businesses of all sizes. One such opportunity is the power of an asset tracking system.

Asset tracking gives businesses powerful oversight and control over some of their biggest investments. In this article, we’ll explain asset tracking; what it does, how it works, and of course, how it can make your life easier.

What is Asset Tracking?

Asset tracking organizes and monitors a business’ high-value property and provides an overview of where items are located, their condition, and who is responsible for them.

Examples of physical assets can include vehicles, computers and equipment. Essentially, if it can be moved or stolen, it can (and should) be tracked.

The goal of asset tracking is to ensure that physical assets are accounted for and managed effectively. By keeping track of its assets, businesses can make sure that they are being used efficiently and appropriately.

Asset Tracking Systems – What Are They and How Do They Work?

Asset tracking is more than having a list of inventory or remembering where to place things in a facility. It requires a complete overview of  an organization’s valuable property, along with the ability to monitor and manage it effectively. 

Asset tracking systems are comprehensive solutions designed to help businesses keep tabs on their important items. They work by assigning a unique identifier to each physical asset, which can then be used to track and manage the item throughout its lifecycle.

There are many different types of asset tracking systems available on the market, but they all share some common features. Typically, an asset tracking system will include:

  • A physical device that is attached to the asset (such as a tag or label)
  • A software application for tracking and managing the asset
  • A database for storing asset information
  • A means of communicating asset data (such as RFID, NFC, or GPS)

Common Features of Asset Tracking Systems

While there is a wide range of asset tracking systems on the market, they all share some common features. 

Real-Time Tracking

This is perhaps the most important feature of an asset tracking system. By knowing where your assets are at all times, you can ensure that they are being used efficiently and prevent them from being lost or stolen.

Historical Tracking

In addition to real-time tracking, most asset tracking systems offer historical tracking. This means that you can see where your assets have been and who has had them in their possession. This can be useful for processes such as auditing or investigating theft.

Alerts and Notifications

Asset tracking systems can send alerts and notifications when an asset is moved or if it goes outside of a certain area. This ensures that assets are where they are supposed to be and that they are being used properly.

Reporting and Analytics

Many asset tracking systems have reporting and analytics features, allowing businesses to track trends and optimize their asset management strategies.

The Benefits of Using an Asset Tracking System

Data and Analytics

Asset tracking systems come with advanced data analytics and reporting capabilities that consolidate information into easy-to-read reports. This is an invaluable tool when auditing your assets and/or investigating theft, damage or loss. 

It can also be helpful when gauging the overall status of your investments by collecting information about asset lifespan, usage and depreciation.

Enhanced Productivity and Efficiency

By keeping track of your assets, you can ensure that they are being used efficiently and appropriately at all times.  

This can lead to increased productivity and efficiency within your business operations. In addition, an asset tracking system can help you to avoid costly downtime by making it easier to locate and retrieve assets when they are needed.

Improved Security

Asset tracking systems can improve security in your business. By knowing where your assets are at all times, you can prevent them from being lost or stolen. 

Alerts and notifications can make this even easier to do, as you will immediately be made  aware if an asset goes outside of a certain area.

Greater Peace of Mind

By using an asset tracking system, you can enjoy greater peace of mind knowing that your assets are properly managed and accounted for. This is an invaluable investment for any business, big or small.

Scalability

Asset tracking systems can be easily scaled up or down to suit the needs of your business. This makes them a versatile and flexible solution that can be applied to a variety of different businesses and industries.

Thanks to improved technology and outstanding innovation, the business world is increasingly connected. Through the use of asset tracking, dash cam solutions, GPS trackers and telematics, it’s possible to manage your entire fleet operations from one central location. 

Asset tracking makes these processes more convenient and can also lead to increased efficiency and productivity. If you’re not using an asset tracking system in your business, now is the time to start. 

Contact us at GoFleet and ask your consultant about the possibilities of asset tracking.

asset trackers, tracking, business, fleet

How The Frequency Of Asset Tracking Updates Makes A Difference

Posted on | by Victoria Gole | Leave a Comment on How The Frequency Of Asset Tracking Updates Makes A Difference

Telematics has been the key to improving fleets over the past several years. It all began with asset trackers, a solution to track data about various aspects of a vehicle to enhance fleet processes. With developing technologies, asset trackers are improving in terms of their ping rate, the rate at which the data is updated. Increasing ping rate has led to the invention of live tracking and helped improve scenarios of theft and liability insurance.

Live Tracking – Updating Data Per Second

Setting up constant pings allows fleets to know the exact location and other variables about a vehicle every second. With live tracking, fleets have better communication with their drivers, allowing them to give better instructions allowing them to finish tasks faster. This real time tracking enables fleets to increase the amount of service calls per day by approximately 23%. Fleets are able to keep an eye on their drivers and drivers being aware about this, improve their driving habits to proper standards. 

A faster ping rate also allows for faster response rate. On average, the drivers that are monitored with a real-time tracking system arrive within the promised response time 46% more often. With better driving taking place, fleets can manage their expenses effectively by decreasing idle times, improving dispatching and routing, monitoring speed and getting an alert to stay informed of necessary vehicle maintenance.

Live tracking opens up ways for not having to rely on drivers to record all their mileage logs. This information will automatically be calculated and reported by the real time tracking system. One of our solutions the GO9, implements live tracking offering industries fastest updates along with several other features. 

What differentiates the GO9 from the rest is that the framework provided is built around new technologies and platforms and has extended capabilities related to electric vehicles and global expansion. 

Moreover, the addition of the gyroscope is what makes the difference. The gyroscope within the GO9 enriches data with additional granularity. It improves on the current X/Y/Z axis acceleration logging by providing a real time sense of the vehicle’s orientation. This results in better accuracy with tracking and analyzing vehicle movement. This is beneficial specifically on winding or bumpy roads and more importantly, for collision reconstruction where a second by second breakdown of events is required. 

 

Theft Reduction – How Fast Ping Rates Mean Fast Asset Recovery

As mentioned before, the higher the ping rate, the higher the frequency of updates and the more accurate data fleets have to work with. This is especially beneficial for scenarios where theft is being dealt with. Imagine sitting at a desk and looking over a spreadsheet of assets when suddenly, an asset worth $150,000 is unaccounted for. How will it be recovered?

Unfortunately, recovery of stolen equipment is not as common as it should be. Thieves often are able to make off with expensive equipment before getting caught. This is a result of delays in discovery and reporting of thefts, nonexistent or inaccurate records and confusing equipment identification systems. 

Asset tracking makes it simple. It allows fleets to monitor the last known location of assets, whether an asset is on or off, and if it’s idling or actively moving. Depending on the solution implemented, it can provide fleets with additional data including pressure, temperature, travel speed, acceleration and deceleration. 

Proper tracking eliminates the delay in the reporting of equipment theft and can also track the location of the stolen item. It also provides you with documented data that law enforcement can use in the event of theft. 

Another type of enforcement, geofencing, also known as a virtual boundary, can be set in place for any geographic area. If an asset were to travel outside or enters into any set geofence perimeter, alerts can be set to automatically notify fleets about the movement. This enables you to track when employees arrive at or leave a job site, receive confirmation when a shipment arrives at a delivery location and mark a specific area as a “no entry” zone for any given asset.   

 

Liability Insurance – Ensuring Costs Remain Within Budget

Fleets relying on vehicles to conduct day to day business invest a great amount in mobile assets and expect a return on investment. Along with the more expected costs of fuel and maintenance, fleets can incur significant hidden expenses and increase liability. 

All businesses with fleets shouldn’t only be concerned with their driver’s safety but also be aware of the risks related to liability exposure. To minimize risks, asset tracking solutions can be implemented to stay proactive to see potential problems and resolve them. 

Improving safety standards should be a top priority as improper safety procedures can put companies at risk and quickly increase their liability for damages incurred by anyone injured in an accident with one of its vehicles. 

Unauthorized vehicle use can open fleets to a range of liability problems. Faster ping rates can notify fleets when assets are in use outside of work hours, where they’re being taken at all times during the day and confirm use with historical route data. 

Improper maintenance of assets can lead to serious accidents. It is important for fleet managers to be proactive in vehicle upkeep to keep their employees safe and reduce the chances of malfunction on the road. Ensuring fleets stay on track of their preventive maintenance schedule is crucial with the use of alerts set by calendar day, engine on-time, or mileage. 

Introducing asset trackers that implement live tracking may seem like an added cost to the budget, but it can save fleets significant amounts in the long run. It will enforce safety procedures and maintenance schedules while better training fleet managers and tracking employees. If your business is looking for a way to reduce overall fleet costs while increasing liability protection, contact our specialists to implement the right fleet tracking software.

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Asset Trackers: How Smart Utilization Leads To Efficiency And Cuts On Costs

Posted on | by Victoria Gole | Leave a Comment on Asset Trackers: How Smart Utilization Leads To Efficiency And Cuts On Costs

Today, all businesses including fleets, are trying to rapidly improve their efficiency to cut down on costs and raise productivity. When addressing fleets, many times the asset utilization rate goes unnoticed, and this causes a lack in efficiency that can be avoided.

Smart Utilization

Ensuring that the usage of each asset is maximized but not going overboard is simply called ‘Smart Utilization’. There are several scenarios when assets just catch dust and don’t get utilized because there’s an excess of that asset, and vice versa with ones being over utilized. 

Fleets often overlook this strategy making it a critical strategy to review and implement. Doing so will allow fleets to expect to see visibility of finances, unnecessary costs and gaps in maintenance procedures.

 

What Is The Smart Utilization Strategy

If all assets are tracked based on their utilization rates, fleets can figure out which assets are being under and overused and make decisions accordingly. If assets are being underused, this means there’s an excess of the resource and it’s being wasted. If an asset is overused, this will create maintenance issues with it as it’s being used way too much and will be prone to breaking down. This will provide fleets with the information of how many assets they need to add or remove from their fleet for maximizing efficiency and staying within budget.

Key performance indicators for vehicles include days driven, drive time and mileage while key performance indicators for other assets include operation duration times and location tracking. Fleets can easily view these statistics from their telematics system online.

 

Smart Benefits of Smart Utilization 

By using a smart utilization strategy, fleets actually implement a smart cost management solution because they use all their resources to their maximum capability and get the highest return on investment.

With the additional data on the number of resources required, fleets can ensure there are enough resources to run at maximum efficiency to get the best results in the long run. Since all assets will now be properly used and no longer overused, they will have a long lifespan.

 

How Smart Utilization Can Be Beneficial

Utilization reports show which assets are hardly used or overused, or in downtime for maintenance or repair. Monitoring this activity will help fleets improve on replacement cycling and will also quickly point out areas of opportunity to re-deploy vehicles into other areas of the business. Consistently tagging, giving a title and insuring unused assets is expensive and renting would be a better business decision during surge times.

 

The Right Asset Tracker For Your Fleet

The benefits of smart utilization can be provided by most asset trackers, but each track excels in different situations. To determine which asset tracker a fleet would find most beneficial, let’s have a look at the different types of trackers available to take advantage of.

 

The Flex Solar-Making Use Of Free Energy

The Flex Solar is a solar powered asset tracker designed to track bulk cargo containers, vehicles and other large assets with no direct power supply. Solar energy is a great source of energy for large assets travelling far or being stored outside for long (like shipping containers) because they are often standalone assets with no power supply. 


The ZenRemora – A Simple Solution To Asset Tracking

The ZenRemora is a great alternative to the Flex Solar if you have to rely on an ion battery if solar energy is challenging to depend on. On top of general asset monitoring, it also has additional features including anti-theft mode, tamper detection, geo-fence awareness and expandability opportunities with Bluetooth Low Energy (BLE) beacons.

 

The ZenFalcon – Temperature Is Now A Known Variable

The ZenFalcon is a temperature-sensitive asset tracker allowing fleets to monitor temperature and humidity. Fleets can continually monitor these variables with the 5-year battery life and hourly reporting ZenFalcon has to offer. If ensuring that the goods/assets are in proper temperature and humidity conditions, the ZenFalcon should be taken into consideration.

 

The BlackBerry Radar – Prioritizing Load Management

The BlackBerry Radar focuses on asset tracking for cargo, vehicles and non-motorized assets like bulk containers, trailers and various equipment where content capacity has to primarily be monitored. Implementing this allows fleets to properly plan their loading process for improved efficiency. 

 

ZenBeacon – Asset Tracking Independent Of Cellular Coverage

The ZenBeacon provides data on light exposure, temperature, asset impact and provides an alternative to Radio Frequency Identity (RFID) tracking via BLE beacons. Designed to have a long battery life, this would be beneficial for assets traveling to locations with no cellular coverage.

 

The SmartOne’sC – Reliability Outside Of Cellular Coverage

The SmartOne’sC is a self-charging solution to support long term remote deployments without the need to replace the battery. Using a highly efficient solar cell, it can continuously charge the battery and maximize operating life, even under extreme weather conditions.

Using any of these trackers will shed light on what assets are truly being used, allowing for decisions about renting, selling and purchasing to be made. For example, if there are certain assets not being used enough to justify the purchase and upkeep costs, operators may decide to only rent the assets during peak times. In comparison, fleets who see some assets being overly depended on, will allow them to see whether they should consider renting or even purchasing additional assets to alleviate stress and maintenance requirements on the assets already deployed. 

All these trackers can determine the utilization rates of an asset, but they each excel at different things. Depending on what matches your fleet’s needs, that would be the asset tracker to learn more about. Improving utilization rates for each asset in a fleet will help financially and improve overall management in the long run. For further learning about the specifics and details of these trackers, contact us now.

Cellular, Satellite Asset Trackers & BLE Beacons – An Industry Guide

Posted on | by Victoria Gole | Leave a Comment on Cellular, Satellite Asset Trackers & BLE Beacons – An Industry Guide

With technology expanding continually and telematic solutions on the rise, fleets should consider taking advantage of the various resources available. When discussing telematics, asset trackers primarily come in mind. Having the ability to track various features of goods and vehicles give fleets tracking data that helps improve their management processes. There are several asset trackers available and knowing which is the optimal solution for a fleet is important to remain within budget and not waste resources. 

Three Types of Asset Trackers

Before diving into the specific asset trackers available, it is important to understand the 3 main categories that they all fall under: 

1. Cellular Asset Trackers are the more common asset trackers. They use cellular network coverage to transmit data and information about an asset. 

2. Bluetooth Low Energy (BLE) Beacons succeed where cellular asset trackers face challenges. They can be used to transmit data in locations without cellular coverage. 

3. Satellite Asset Trackers use satellites to transmit technology and are considered the most reliable option amongst the three for using outside cellular coverage.

 

What Solutions Industries Should Keep Their Eye Out For

Different industries prioritize different variables and equipping the right asset tracker can be difficult when there’s so many to choose from. It’s important to be aware of the several types of asset trackers that each industry will find most beneficial. 

Cellular Asset Trackers

The Flex Solar – A Step Towards Free Energy

The Flex Solar is a solar powered asset tracker primarily utilized for the general tracking of bulk cargo containers, vehicles and other large assets with no direct power supply. Using solar energy is critical for large assets travelling far or being stored outside, like shipping containers, because they are often standalone assets with no power supply. With solar trackers, power can last up to 4 months, so fleets don’t need to worry about constant maintenance.

Transportation, Bussing, Construction, and Waste Management Fleets would find the flex solar most beneficial as they tend to be out in daylight for long periods of time. With no battery replacement, fleets won’t have to worry about adding it to their maintenance procedures, and it would be a great step towards renewable and free sources of energy.

 

The ZenRemora – A Simple Solution To Asset Tracking

If being dependent on solar energy is challenging, the ZenRemora 2 is a great alternative to the Flex Solar. It relies on an ion battery that would be quite reliable on trips where solar energy is scarce. Designed for general asset monitoring, it also has additional features including anti-theft mode, tamper detection, geo-fence awareness and expandability opportunities with BLE beacons.

The ZenRemora should be considered by most industries looking for a reliable and affordable solution to general asset monitoring. Long haul deliveries would find it most beneficial because they require several pings daily. Managing assets that travel far distances can be simpler for fleet managers by having their eyes on all their assets on one screen.

 

The ZenFalcon – Temperature Is Now A Known Variable

The ZenFalcon is a temperature-sensitive asset tracker which allows fleets to monitor temperature and humidity. With a 5 year battery life and hourly reporting, fleets can continually monitor temperature sensitive cargo. Similar to the Remora 2, the Falcon also has an anti-theft mode, tamper detection, and geo-fence aware included in its features. 

Temperature monitoring can be a necessity in the Transportation and Courier/ Delivery industry, but it can be considered mandatory for the Food industry. There have been countless cases where food has spoiled due to improper temperatures, which results in inefficiency and waste of resources. The ZenFalcon can be utilized to monitor temperature and humidity levels of locations where food is stored to ensure optimal conditions are met.

 

The BlackBerry Radar – Prioritizing Load Management

The Bundle focuses on asset tracking for cargo, vehicles and non-motorized assets like bulk containers, trailers and various equipment where content capacity needs to be monitored. This allows fleets to better plan their loading processes and increase their efficiency.

It would be beneficial for several industries such as the Transportation, Food, Construction, and Courier/ Delivery, where fleets want to ensure the most use of their resources. As an example, it can be particularly useful for the Delivery/ Courier industry as they deal with receiving new delivery requests often. Specifically, it can allow for fleet vehicle load capacities to be known so dispatchers can view capacity levels and assign vehicles with low capacity to add more deliveries to their route to maximize productivity. 

 

Sensoneo – Smart Waste Management For A Smarter City

Smart Sensors provide a Waste Management solution focusing on monitoring waste content quantity. This robust device can withstand harsh environmental conditions making it reliable in the long run. Once equipped into waste bins, it transmits data on bin capacity so waste management is aware of when bins are full and need to be emptied out. This reduces inefficient trips where barely filled bins are being emptied out, and emergency trips required because bins get overfilled and require immediate assistance. 

For an in depth look at Smart Sensors and how they can prove to be effective, check out How A Waste Management Industry Can Implement Smart Sensor Technology.

 

BLE Asset Beacons

ZenBeacon – Asset Tracking Independent Of Cellular Coverage

The ZenBeacon provides data on light exposure, temperature, asset impact and provides an alternative to Radio Frequency Identity (RFID) tracking via BLE beacons. With a set of sensors, the status and conditions of fleet assets can be monitored, where the sensors can show temperature and light readings in one minute intervals. 

Designed to have a long battery life, this would be resourceful when assets travel to locations with no cellular coverage. Specifically, long haul trips, which would include the Transportation industry. 

 

The ZenGuppy – A Solution To Track Small Valuable Assets

The ZenGuppy is a compact, rugged Bluetooth tag solution for low-cost monitoring of assets. The ZenGuppy and the ZenRemora work great in coordination, where the Guppy can be utilized to track smaller assets within a larger asset, and the Remora can track the larger asset. With a 5 year battery life, and the ability to equip onto anything, the ZenGuppy provides the device serial number, manufacturer code, battery voltage, transmit power and temperature. 

Since the ZenGuppy can equip onto anything and provide tracking information about the asset, all industries can take advantage of this solution to easily track any desired asset. It is particularly useful for low value or smaller assets where it may not make commercial sense to attach a more robust (and expensive) solution.

 

The Infsoft – An Indoor BLE Reader

Infsoft keeps track of assets and personnel within a building. Once an indoor map of each level of the building is uploaded to Infsoft, it can track where every single asset is at all times. This can be quite helpful in First Responder buildings. Knowing where each and every person is at all times will help raise efficiency which will result in safe cities and more lives saved.

Warehouses can take advantage of Infsoft to help their workforce as it will help them with tracking and monitoring all assets on the go between warehouse aisles and shelves with improved efficiency and productivity. 

 

Satellite Asset Trackers

The SmartOne’sC – Reliability Outside Of Cellular Coverage

The SmartOneC is a self-charging solution to support long term remote deployments without the need to replace the battery. Using a highly efficient solar cell, it can continuously charge the battery and maximize operating life, even under extreme weather conditions.

It can be valuable for long haul deliveries and fleets working in rural areas like Agriculture Industries, as well as Rail Cargo. These fleets travel and work in locations with no cellular coverage, and therefore require a strong reliable connection, hence satellites being the viable option.

There are several telematic solutions available for fleets to take advantage of to improve their performance and management processes. Knowing which asset trackers benefit your fleet the most, is important to being within budget and spending your resources wisely. For a deeper look into what solutions will work best for your fleet, contact us for a custom solution.