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Have you ever thought out how GPS tracking software can be used to enhance business? You may be amazed to know that this technology is so highly beneficial that it contributes to increasing the company’s profit, maintaining customer satisfaction, and even scaling productivity.
Are you ready to find out how it can transform your business? Let’s dive in.
Profit Boosting Strategies
Every business wants to maximize its profits. GPS tracking software is used in various ways to harness this technology and achieve the goal.
GPS can also determine the shortest way to reach a destination. It can be said that it diminishes fuel consumption and as a result to the total expenditure.
Based on the Geotab research, one can significantly save up to (30%) of fuel expenses by efficiently optimizing the roads.
Can you imagine what that would do to your profits?
Improved Fleet Management
Car tracking in real-time empowers you to have efficient control of your fleet. This decreases the standstill periods and increases the efficiency of the operations.
The American Transportation Research Institute (ATRI) has reported that a well-organized fleet management system can reduce operational costs by as much as 12.7%.
Quick Response Time
GPS enables businesses to promptly serve the client like getting the nearest service provider or delivery car.
A swifter response is on one hand the building of greater customer respect and the forging of loyalty among them. In the long term, the enterprise's market share will expand.
Think of those moments when you needed help right away and how instantly you got it.
Quick response is time-value, isn't it?
Boost Customer Satisfaction
Happy customers typically bring back business. GPS software can achieve this by tracking the location of a vehicle, a child, or a person, among others.
Real-Time Updates
Customers appreciate when they know the whereabouts of the purchased item. The use of GPS technology that traces goods to their destinations in real time is one of the solutions provided by companies.
Accurate Delivery Windows
No one is happy to spend the day at home because they are waiting for a package to arrive. GPS location tracking makes it possible for businesses to set up certain delivery times.
Except for the fact that nobody likes to wait for the whole day, it also strengthens the relationship between clients and service providers by fostering trust.
Can you recall any situation when a package was delivered on the day, at the right time? It was a good thing, right?
Increasing Productivity
Of course, productivity is essential for every business. GPS enables employees with the software to increase their productivity and quality of work considerably.
Task Management
Now, the managers are able to distribute the tasks according to the locations of the employees with the help of GPS. The benefit of this is that the employees are now able to arrange their working hours optimally.
The productivity of companies using GPS tracking has increased by 20% or more.
Reduced Employee Idle Time
It has become easy for tracking software to determine periods when the employees are away. The construction sectors have adopted this technology to ensure that idle times are addressed, eventually leading to better production.
Based on the findings of Teletrac Navman, cutting out the idle period by 30 minutes per day can increase productivity to 5 hours per week!
Have you thought about the job being done if everyone is actively involved?
Data-Driven Decision Making
GPS tracking software brings great data. Such information may turn the new manner in which you are making decisions.
Performance Reports
The available systems aid in the examination of fuel consumption, travel times, and driving habits. From a closer look at these summaries, areas for development can be easily pointed out. Companies that use such data have observed average productivity increases of up to ten percent.
Cost Analysis
Examining the extent of vehicle's costs, one of the most compelling conclusions is that companies make better decisions. Firms have the ability to determine whether they keep, replace, or dispose of appliances based on their cost-effectiveness.
Do you evaluate your operation's weaknesses and strengths based on data?
Employee Accountability
Tracking software additionally provides the crew with visibility and accountability that fosters transparency and accountability.
Monitoring Locations
Leadership in the various positions allows us to know that each person's activities are accounted for. Workers often feel more inspired when they know that their parents are aware of whether they move or not.
Performance Feedback
Providing real data to employees is one of the ways to motivate them and make them improve. The software that keeps track of performance makes it possible to reward the best workforce as well as to aid those who are lagging behind.
Do you think that being accountable can make your employees perform better?
Security and Safety
The safety of employees and the protection of assets always take centre stage in the majority of enterprises. GPS monitoring sets a secure environment.
Stolen Vehicle Recovery
GPS systems have been instrumental in finding stolen vehicles within a very short time.
Reports from the National Insurance Crime Bureau indicated that about 50% of the stolen vehicles have been recovered in such cases where they have a GPS system installed.
Driver Safety
Most of the GPS systems give signals when a driver overspeeds or drives in a way considered to be aggressive. Safe driving is the best road safety practice but apart from that it has other benefits such as fewer accidents and lower insurance costs.
How secure do you feel about protecting your assets and employees?
Conclusion: GPS Tracking for a Bright Future
GPS tracking is not only used for directions but also for personnel and asset safety, customer satisfaction, and productivity.
While you are thinking of your company requirements regarding these benefits issues Think about all the possible benefits of it. Choosing the right things now will ensure you get the best in the future.
Excited to boost performance in your business with GPS tracking software? Visit lumyri.com now and discover how we can help you improve your operations!
To sum up, we can see a GPS tracker as an innovation. The device moves money, it saves money and it alternatively increases customer satisfaction which is obvious. The question is, what are you waiting for?
Get with the enterprises that are already taking advantage of this technology and are achieving high growth!
Aiden mitchell
As a GPS Tech geek, I find Lumyri's transformative impact on GPS technology on businesses and their customers. Real-time tracking information empowers businesses to provide accurate delivery estimates, allowing customers to plan their schedules with precision.