How GPS Fleet Tracking Helps with Variable Costs
25 Oct 2022If you’re a fleet manager, you know that operating and managing fleets come with a range of costs. Direct costs are funds that are sent directly to finance and operate the fleet and are closely related to the fleet itself. Under the umbrella of direct costs are fixed direct costs that are consistent month to month and year to year, such as financing the fleet, paying for insurance, paying taxes and other fees, and operating costs including employee wages.
In addition to fixed costs, variable costs compromise a significant portion of funds allocated to fleets. One of the biggest variable costs is fuel prices. Depending on the mileage your fleet puts in month to month, along with the cost of fuel, fuel costs can fluctuate. Other variable costs include maintenance, breakdowns, replacing tires, paying fines, tolls, along with incentives and meal allowances for drivers.
Heavy commercial theft and fraud are no joke. Theft and fraud schemes can seriously cut into any company’s bottom line by stealing valuable assets, like expensive heavy commercial equipment. While everyone wants to think it won’t happen to them, if you don’t take some simple steps to prevent theft and fraud, your business can become an easy target for thieves. Below, we’ll go over some theft and fraud prevention tips, and offer a great solution to protect your heavy commercial equipment.
Tips to avoid theft and fraud
The National Insurance Crime Bureau (NCIB) offers some easy and effective tips to avoid being victimized.
GPS Fleet Tracking and Maintenance
12 Oct 2022Although fleet maintenance checkups are essential to prevent high costs and possible liability down the road, they can take up a lot of your time, diverting your attention from other important matters. Luckily, there are simple and easy-to-use software like GPS tracking that automate the monitoring process so you don’t have to.
You can purchase GPS fleet tracking for your vehicles to make preventative maintenance and monitoring of your fleet much easier and less time-consuming. The time for manually logging all of the maintenance for each of your vehicles and figuring out when you should maintain which vehicle is over. So you can free up your time for more important issues while eliminating any room for error.
