What Are The Latest Trends in Fleet Management Tech?

On December 22, 2020 By Team CalAtlantic

Fleet management refers to the processes involved in utilizing fleet and asset information to help businesses improve efficiency, reduce costs, and ensure full compliance within the entire fleet operation. A fleet typically includes commercial motor vehicles such as forklifts, trailers, trucks, vans, and private cars.

Managing a fleet of vehicles can be difficult, especially when external factors such as automobile market uncertainty and legislation changes come into play. Fortunately, managers can rely on fleet management technology to make better decisions regarding the business.

What’s New in Fleet Management Tech?

Any company or agency that employs vehicles for business purposes can use a professional fleet manager for better quality control of its automobiles. A skilled fleet manager would aim to improve efficiency while reducing the associated risks in a fleet operation and using the right fleet management technology is essential in meeting those goals.

Fleet management technology refers to innovations that perform simple tasks such as vehicle tracking and inspection for a more efficient process. A vehicle tracking system utilizes automatic vehicle location technology with software that collects vehicle information, summarizing the resulting data into a comprehensive log to serve as the master file for vehicle locations.

A vehicle inspection system, on the other hand, makes sure that vehicles are thoroughly checked and documented for compliance with legislation. The goal of this system is to build a full trail of information for every vehicle in the fleet to allow an easier auditing process while also providing the necessary details if ever an accident or investigation occurs.

The evolving technologies have caught up with these fleet management systems, as they now run on real-time information, making the fleet management tasks easier for both the managers and staff. As the management systems are running, real-time data is generated to determine if the proper service level agreements are being met. This allows the managers to make quicker and better decisions with the fleet to get better productivity while also avoiding any expensive clauses from being triggered.

The Rise of Communicative APIs

Fleet management solutions aren’t supposed to be used independently. Integrating fleet management programs with the rest of your technology is necessary to get optimized results, and the latest application programming interface (API) allows managers to easily provide information to the other systems in the company for better transparency.

The ability to give safe and reliable access to information is essential in keeping a good relationship with systems outside of the organization. Imagine a supply chain where warehouse providers, distribution centers, subcontractors, and other important logistical bodies are consistently provided complete information about every delivery, shipment, consignment, or truck roll that will happen. With accurate information-sharing capabilities, different departments can work more efficiently and effectively with one another to achieve the business’s goals.

APIs can also be used on the same interfaces that run between a management platform and external systems. Enterprise resource planning (ERP) programs from different parts of the organization can use the same APIs to send and receive real-time information from fleet management databases, allowing systems to keep the data in place while still being able to share valuable fleet data.

Advanced Technology Can Extend Machine Lifespans

Industrial internet of things (IIoT) technology has been shown to extend the lifespan of several machines across different industries such as engineering and manufacturing. There are several systems that can help you scan your machinery for potential damages, allowing you to provide immediate solutions to prolong its lifespan.

Scanning technology can help flag up any mechanical issues on your assets before the damages grow to significant proportions. Aside from saving you a considerable amount of money in lengthy repairs and long-term damages, you can also use early detection features to predict when machinery failures are most likely to happen and schedule maintenance sessions in advance.

A Final Word on the Newest Fleet Management Technology

Technology continues to evolve on a daily basis, consistently producing innovations that can revolutionize the methods we use for logistics, maintenance, and other supply chain-related tasks as we run a business. There’s no question that utilizing new fleet management technology can significantly improve your business, you just need to make sure that you invest in the right programs in line with your company goals and objectives. For instance, if you wish to improve vehicle performance on specific routes, you can use software that analyzes how a particular route can affect driving performance.

The advancements in technology are all yours for the taking, you just need to learn how to prioritize so that you can make smart investments for your company. If you’re looking for top-notch management solutions to help improve your business operations, you can always rely on CalAtlantic.

CalAtlantic prides itself in developing and customizing high-quality technology products and services to significantly improve company performance through expert risk mitigation and asset protection. Contact CalAtlantic now to get high-tech professional assistance for your business.

(Source: Tech HQ.)

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