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In a Bad Economy, is Fleet Tracking Cost Effective?

With the current economic conditions throughout the United States being at a all time low, is the idea of tracking your companies fleet vehicles a proposition that you should consider.Cost vs. Cost Savings. That is the question here. As work slows down in this economy would the ability to track your fleet vehicles be worth the upfront cost and the ongoing monthly cost.When you look at a real-time tracking AVL (Automatic Vehicle Locator) the question isn’t always the upfront cost of the hardware ($199 – $399 per unit), but the ongoing monthly monitoring cost ($14.95 – $49.95 per month). This may not sound like much in the scheme of things, but when added to 20 -30 trucks the costs can add up quickly.Advantages of a real-time tracking system:

These plus having the ability to maintain employee overtime and payroll cost gives a pretty good nudge to say yes to Fleet TrackingNow for the down side:

  • Up front cost
  • Monthly Monitoring
  • Employee tempering
  • Technology changing
  • Follow up

When you weigh the pros and cons of Fleet tracking, and if used properly, the thought of keeping you share of the local business market with better response and lowering your overall companies cost of maintaining a fleet makes sense to track your vehicles.Companies sometime have trouble making decision on the ROI of a tracking system, they get lost in the paralysis by analysis loop.Sit down and write out the pros and cons and see if you can find the right reason for your company to track their vehicles.Add to Technorati Favorites

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