Role of GPS Vehicle Tracking Systems in Enhancing Manufacturer’s ROI

Running a manufacturing plant smoothly is not easy. But it is possible for you, if you have access to modern tools and technologies. The invention of GPS tracking technology is a boon to manufacturers as it helps them to achieve their goal easily.

With the help of GPS vehicle tracking systems, you will be able to monitor employee behavior, how your equipment is being used, identify the efficiency of your supply chain, improve employee productivity, increase security, and improve customer satisfaction.

Here are the ways by which you will be able to improve manufacturer’s ROI using GPS tracking device:

1. Supervising vehicles and equipment

Most of the manufacturing units rely on heavy equipment such as forklifts and other specialized machinery. Using a GPS tracking device, you can collect data on how the equipment are used, whether a part of the equipment is turned on or off, and the usage hours of individual equipment.

With the GPS data, you will be able to recognize fleet inefficiencies, identify risky behavior from drivers, equipment misuse etc. All these data helps you to integrate operations, lower overall costs, and deliver finished product to customers quickly.

2. Automating maintenance of equipment and vehicles

When you carry out regular maintenance, you will be able to reduce downtime and thus avoid unnecessary vehicle breakdowns. The GPS tracking software lets you track the vehicle, obtain equipment histories, and send alerts whenever the vehicle maintenance is due, such as:

i. Oil changes

ii. Regular maintenance

iii. Filter changes

iv. Cleaning and greasing

v. Adjustments and repairs

3. Augmenting supply chain management

One of the great ideas to provide good service is to collect raw materials on time and to distribute finished products whenever they need it. Whenever your fleet manager decides to approach a third party logistics company to deliver finished products, you can suggest a GPS tracking device.

With the help of GPS vehicle tracking systems, you and your logistics provider will be able to decrease fuel usage, enhance routing and dispatching, and make deliveries safely and efficiently.

The data obtained from trackers can be used to identify inefficient routes and recognize unsafe driving behaviors. This in turn improves the safety of your drivers as well as your goods.

4. Boost asset and vehicle security

As per the reports of the National Insurance Crime Bureau, about 1000 pieces of equipment are being stolen every month. Purchasing new equipment is costly and hence it is better to keep track of the equipment in use.

GPS tracking device can be installed in the vehicle and thus manufacturers will be able to recover it as early as possible when it is stolen.

5. Accomplish better operations

By using the GPS trackers, manufacturers are able to get accurate data on the usage and performance of heavy equipment and vehicle. Based on this GPS data, you can effectively manage plant operations and enhance supply chain efficiency.

6. Monitor employees

You will get an idea about the activities of each employee and thus be able to reduce unnecessary overtime. Also, you will be able to identify the employees who misuse the vehicles and equipment.

7. Improving customer service

When you install the GPS trackers, you will be aware about fleet statistics. With these data, you will be able to provide better customer service and thereby, establish a better reputation for your company.

Even now, many fleet owners wonder whether the GPS vehicle tracking systems are the right tool to help the company in its rapid development.

Fortunately, GPS technology helps to improve the ROI of manufacturers. Hence, installing a GPS vehicle tracking system can be a smart investment that makes your business healthy and successful.