Why Assets Tracking is Important for a Business?

Businesses are growing at a rapid rate in India. People start a business and hope to get a high ROI as much as possible. To get a high return over investment managing a business in a proper way is the must. For start-ups and small businesses managing is not a big issue but in case of big businesses especially fleets businesses managing is a headache for owner/managers. This is where asset tracking comes into play.

Automated remote asset tracking is gaining widespread adoption in all businesses. With a proper asset tracking solution in place, businesses can get deeper information about their assets and operations, know about asset health, maintenance, availability, productivity, and location; all of these accessible to them from a single point such as web-based software or mobile App. These solutions can maintain an accurate record of all the active assets and eliminate all the ghost assets, so giving a clear picture of how assets are utilized in each process. In present days, almost all the businesses that rely on assets to get things done can benefit from a properly implemented asset tracking solution.

The benefits of Using Assets Tracking in Businesses

Not only tracking of assets, but asset tracking in industries also helps the owners and managers in various ways such as cut down expenses, maintain the accuracy of daily operations, improving customer service, customer satisfaction etc. So for a business, knowing the working and need of asset tracking is crucial. Some important points are given below about asset tracking.

Improved Safety of Assets

Asset tracking is a big issue for big companies and fleet businesses. Watch over each and every asset is time taking and very tough. In present, you can take help of technology and internet to do this. GPS tracker is one of the best options to overcome the assets tracking issue. You just need to install GPS tracking devices in assets and can monitor all of them at one place by using web-based software or mobile app. It also helps in other situations like if an asset is lost you can recover easily it with the help of GPS tracker.

Help in Improving Customer Service Response

Good customer service is one of the prime factors to run the business smoothly. Customer service can be improved to a great extent by using asset tracking by providing the exact location of the asset. And it helps you to retain the customers you have and get new too. It is also possible to automate some customer services and save manpower.

Automate and Reduce Maintenance

Assets maintenance is one of the major issues and disturbs the business in many ways like delay in customer service, shortage of assets etc. With the help of proper asset tracking, you can get time to time updates and also automate maintenance and save manpower as well as time.

There are many other benefits of asset tracking like current location tracking, speed alerts towed alerts, working and non-working hours tracking, view history, data, and so on. In short, we can say that proper tracking of assets is required to run a fleet business or a big industry.

Old Myths and New Changes in the GPS Fleet Tracking Industry

GPS is one of the revelatory innovations for Internet and technology. It has been existing in the market for at least two and a half decades. There are a lot of myths about GPS due to lack of knowledge and induction of it.  There are a lot of reasons of myths around GPS tracking. Prime GPS solution myths vary from how the tracking device monitor vehicles and drivers, to what the capabilities are, to the types of business where it is needed. These myths have been debunked, with the actual uses of the technology solidifying evidence in the case of GPS. Every company that depends on the vehicles needs GPS fleet solution to grow and stay in the market. Some of the main myths are given as follows-

Myth #1: Tracking leads no belief in staffs!

Everything runs on trust in this world. Every organization also runs on trust on its employees. GPS tracking system solution is not to view the activities of drivers’ and it was never aimed to monitor each and every activity of employees. The main purpose of GPS Tracker is to improve drivers’ safety and reduce the vehicles’ operating cost. I protect both vehicles and drivers’ and will reduce your insurance investment as fleet safety enhances.  In some countries, it is mandatory for fleet businesses.

Myth #2: GPS is a costly investment.

It is obvious that return over investment for users of GPS tracking solution ranges 1:10 on average for most of the fleets. You can start GPS tracking for fleet vehicles at a minimum cost per day per vehicle.  It is not a big amount and hard to pay for a business. Over the past 10 years, GPS tracking has become accessible and affordable for every people with a lot of new features.

Myth #3: GPS tracking is used to punish, and not reward.

In the beginning, Employees take GPS tracking in a negative way. They feel it is disclosing the privacy of employees. But the main goal to enhance the safety of drivers’, improve internal communication in team members, reduce fuel cost, and many more. A good GPS solution is deployed to motivate and incentivize managers as well as drivers to words safer, more efficient driving.

Now we hope almost all the myths about the GPS are cleared and explained with some advanced features of the latest GPS solutions. If you are running a fleet business or managing same and want to know detail about the GPS tracking device then we are ready to help you.

Questions to Ask GPS Tracking Service Providers Before Buying Devices or Software

For businesses with a fleet, no matter the size, getting the idea where your vehicles are, when they need maintenance, and how to get the optimal route to reduce travel time and cost of fuel are the main to your bottom line. GPS tracking services are the bundle of a hardware device and software that give you the clear visibility you want to track and manage your fleet efficiency while streamlining your activities/operations, reducing costs and improving revenue. A few years ago, implantation of fleet tracking was a costly investment only made by large organizations; in present, fleet tracking software is more accessible and affordable in marketing so small to big size businesses can implement easily. Before dealing with any GPS tracking service provider you should know some important things about this. If you do not know more about GPS tracking services and want to implement then keep on reading. Here is your buying guide to advise you on what to look for with these services.  Additionally, this guide answers you the common questions about the GPS fleet tracking services and basic knowledge about the main features.

Finding the right GPS services provider is not a child play.  Some important points you might have in mind that include:

•    Cost of GPS tracking system

•    24x7 customer support

•    Easy installation or without any guidance or support

•    Buying of the wrong device, leading to a messy return/exchange situation

•    Renewals of contract automatic or alerts for it –locking you into a service that is not a good way

•    Any hidden cost like installation fee, tax

•    On time delivery of product GPS Tracker or software

To avoid these main issues, there are a lot of other critical questions to ask your prospective GPS service provider before signing the deal.

Software update- how usually does the software update happen & what will be the cost of it. As technology is growing day by day so GPS tracking software and the device should improve continuously according to technology, requirements and reflect the changes in your industry.

There are mainly two kinds of software updates- Quarterly or half yearly or yearly updates-and other is frequent updates.

You should know about both of these are and which one is in your case, the fee of update and the channel for the update for you to give feedback on performance.

Is GPS software developed by a third party or their own team?

A good service provider has their own team to develop the software and device too. If they don’t have their own team then no issue in quality but sometimes you need to wait for customer support. Mean your feedback will fall on deaf ears.

Does the provider have relevant experience?

Has the service provider have experience in the same industry, business sizes, challenges and requirements like your business? You can get the idea about it by checking their clients’ reviews about products and services, by interacting with existing customers and so forth as proof.

How easy integration and compatibility with your other systems?

Integration is important for daily operations. Are they multi-users and cross devices compatible? If not, then frustrating and wastage of time. You should discuss all these points with the service provider before buying the GPS tracking services.

Why GPS Tracking is Important for a Construction Company

Construction companies are able to eliminate unauthorized vehicles and assets use with a GPS fleet management solution. With staffs taking company vehicles home, the construction organizations needed a technique to efficiently monitor vehicle usage after hours and tracking the assets at work site too. By managing personal vehicle use, the organizations saw increased employee productivity, reduced fuel costs, and savings from its insurance provider. Tracking your vehicles & equipment can potentially save you 10 to 15 percent on your insurance premium.  But there are many other benefits in saving and improvements:

Improved productivity –  Keep 24x7 monitoring on field workers and other employees on duty. Customers get alerts when a vehicle on or off. The scope of use of the assets on site ensures them on moving around the equipment &teams between work sites. It's easy to monitor and track on one or several sites at a time. This helps companies in improving productivity. 

Improvement in scheduling maintenance –Time to time update related to maintenance helps on time maintenance.  Reports created by fleet trackers give the idea about the engine hours and usages of equipment that leads the need for their maintenance.

Protect Company assets – Present fleet tracking ensure assets can't be theft; Present fleets can have start alerts and geo-fences to confirm them. There is a round of the clock monitoring of all assets and their movement.

Reduce Fuel Cost – By monitoring usages of fuel and routes analysis GPS helps companies to reduce fuel cost. You can view mileage report and check the complete utilization of fuel.

Save Time and Money – By tracking employees working hours and utilization of vehicles/assets at work site GPS helps business to save time and money. The fleet’s billing accuracy goes up, and there are fewer chances for mismatching with the customers as well as creating is easy.

There are many other savings and improvements benefits of GPS trackers for construction companies such as consistency with worksite conditions, Enhanced finding and deploying and so forth. 

Once you find the right GPS tracking system for your constructing company, setting the system up is not any more difficult since the device has already been well-tested, approved, and ready to use. What you only need is a smartphone or laptop or computer with an Internet connection along with some basic Knowledge of operating them.

Benefits of GPS tracking for Utility Companies

Utility companies play a key role in keeping the country running. The utility industry offers the facilities all over the country at optimal capacity and efficiency.   These companies need to maintain and upgrade public and private utilities and have a large array of employees, vehicles, and equipment that they need to monitor and keep in working order. There are a lot of different variables that need to be controlled on these assets and staffs. These companies face many challenges in daily routine. There are lots of benefits to utility companies with the use of GPS tracking such as location tracking of assets, staffs, fuel cost cutting, drivers’ safety, customer satisfaction and many more. Out of many some of them are given below in details-

Analysis of Routes

GPS tracking helps to find optimal route to reduce travel time by using various parameters such as red lights, traffic, distance, accidents, and other road hurdles so that easy to reach or send staffs at required destination.

Response Enhance Customer Service

GPS location tracking gives companies the exact position of staffs and assets that help to respond to customers about the expected time of service. It helps to improve customer satisfaction as well as give peace of mind.

Lower Fuel Cost

Fuel cost is one of the prominent challenges for utility companies. As per statistics, they can reduce fuel consumption by up to 30% with the help of GPS fleet tracking solutions effectively.

Improve Drivers’ Safety

GPS Fleet tracking has been proven to improve the safety of drivers due to the accountability it provides.  Unsafe driving leads to an accident and eventually tarnishes the image of the company. GPS Fleet Tracking, which deploys driver scoring and draws attention to unsafe behaviors, will help you improve fleet safety to a great extent.

GPS vehicle tracking systems are one of the best solutions for many issues for the utilities companies face in daily routine. No matter, you are a small or a large organization; the benefits of GPS tracking are countless.

Gps Tracking Device - What Will Your Employees Think?

No doubt uses of GPS tracking is increasing and so it becoming more essential throughout all types of industries. GPS is a powerful tool that is very helpful for businesses to improve communication, management, tracking, assets protection and eventually growth. Being a business owner/manager, you want to protect your business, including its assets. It has become clear that fleet tracking could enhance productivity and profits, so a lot of businesses are making the upgrade. But the cost and benefits are just part of the equation: a great business owner/manager must also consider what the employees will think about GPS-Tracking.

Fear of the Unknown: Perception Vs. Reality

According to a survey, people who have not used GPS tracking tend to have negative thinking compare to those who have actually used GPS. 54% of non-GPS users told they did not like the concept of GPS tracking. After that, employees actually used GPS, their worries have become calm and 54% of the staffs who work with GPS tracking say they don't think being tracked by their workplace, and another side 9%says they don't like to be tracked. So we can say non-GPS employees are not aware of the advantages and the purpose of GPS tracking.

Concerns About GPS Tracking

The employees who have not used in past, the main concern are about privacy and trust by their company. Although, this not true. The main concern from the GPS users is not about the trust and privacy. The main problem is how much data and battery GPS tech might drain from their mobile phone.

GPS users and non users no need to mind having their current location disclosed during the workday. Disclosure of current location provides employees peace of mind that their employer will know where to reach them in case of any urgency.

Benefits of GPS Tracking

The conclusion from non-GPS users tells us that there is an absence of awareness about the advantages of tracking can have on time to time activities/operations. As per GPS-users, the benefits overcome any negatives related to tracking.

Benefits are-

Improved safety of drivers and field workers

Promoted accountability of truly working employees

Payroll accuracy

Tracking travel time

With tracking system set to develop over the next coming years, workplaces would not able to afford to not implement tracking solutions. It become an integral part for companies in a few years due to its valuable features such as improved safety, efficiency and productivity for businesses.

Tracking Laws

Worried about the legal landscape around GPS tech? Are you cautious about of accidentally, violating employees' rights and privacy?

Employers must disclose to all the employees that tracking devices are being installed into any vehicle or any other place or assets. Staffs may dispute, and voice their concerns related to tracking, however, it is up to the company to their own rights to protect the business. In present, around 50% workplaces track the current location of the staff's with mobile phone App. Tracking improves the safety and ensures the operations run on the time.

Source:https://www.sooperarticles.com/communications-articles/gps-articles/gps-tracking-device-what-will-your-employees-think-1701051.html

Improve the Safety of Students with Letstrack GPS devices

Children are the most valuable gift to parents from God. Parents play their role and responsibilities from birth to adult for children. When children grow and start going to school parents are not with them. From the time a student leaves home until the time s/he comes back home, parent worry about the safety and security for their child because they don’t know what is going on with him/her behind the scene. This happens with each parent due to so many bad news stories about children, and teens. The news makes it worse for parents as many incidents of missing and abducted children and even school shootings are being reported in India and all around the world.

We are living in digital age and technology is growing at a rapid speed so lots of new imagination comes in real shape. GPS was developed by the USA and now free to use all over the world. GPS has the ability to track an object with the help of a small device and the Internet.  A personal GPS tracker can use to improve the safety of students and teen.

GPS trackers are becoming popular in present days in personal as well as business uses. These tracking devices have a lot of useful features such as location tracking, route analysis, conditional alerts etc. that are helpful in personal and corporate daily life. For example, if you are searching for a hotel, hospital, tourist place in a city then GPS can help you to search the optimal routes for them. GPS allows you to track the exact location with a mobile phone App or web-based software.

In the same way, GPS trackers can be used for tracking and getting an idea about the location of students. These tracking devices provide you with updates about the current location of your child in few seconds regularly. They can also offer you the information about the in and out of the school of your child if you set the GPS tracker’s zonal alert feature. Children are also able to send an emergency alert (SOS alert) when they are.

Personal GPS trackers of Letstrack come in suitable shapes and sizes to fulfill the needs of personal tracking of customers.  You can place these tracking devices in your child’s bag or tie in hand or neck so that you can track him/her.

What do Your Employees think about GPS System?

In present days, it is common for company fleet managers and business owners to be hesitant to implementing employees tracking due to the fear of employees thinking that someone is watching them. At start some employees can voice related to their privacy when their organization implements vehicle tracking, however business owner/manager has right and duty to know what is going on behind the scene.

With the rapid changes in GPS technology, companies have complete access to their staffs’ current location. For many years, organizations have been able to track their field or mobile employees’ current locations through GPS. With the help of modern technology, companies are able to track locations via GPS App in the employers’ mobile phone.  But GPS tracking presents risks organizations need to understand so they can assess whether the main advantages outweigh the significant risks.

GPS is becoming an essential part of all types of industries. GPS is helpful tools for businesses to improve communication, management, tracking, route analysis, improving customer service, assets protection and eventually the growth of the organization. Being a business owner/manager, you want to protect your business, including its assets. It has become very clear that GPS tracking could enhance productivity and profits, so a lot of businesses are adopting GPS technology day by day.  But the cost and benefits are just part of the equation: a great business owner/manager must also consider what the employees will think about GPS Tracking.

Monitoring Fear: Perception Vs. Reality

As per a survey,  employees who have not used GPS tracking tends to have negatives about GPS compare to those who have experienced GPS tracking device. According to the survey’s data, 54% of none-GPS employees told they did not like the technique of GPS tracking. After experiencing GPS the worries of the employees become calm and 54% of the employees who worked with GPS tracking say they do not afraid being tracked by their workplace, and other 9% says they do not like this. So we can say none-GPS staffs are not familiar with the main the benefits of GPS tracking and the purpose of GPS tracking.

Concerns about GPS Tracking

The staffs that have not experienced the GPS tracking in past, the main concern are related to privacy and trust by their employer. The main objective of GPS users is not the trust and privacy but the main issue is how much data and batter GPS technology might drain from their smartphone.  GPS users and none-GPS users do not need to worry about location tracking because it is very helpful in some situations like customer service, emergency and many more.

Benefits of GPS tracking

The conclusion from none-GPS users tells us that there is a lack of awareness about the benefits of GPS tracking can have on time to time activities/operations.  As per GPS-users, the benefits overcome any negative thoughts related to GPS tracking.

Benefits are-

Improved safety of drivers and field workers

Promoted accountability of truly working employees

Improve Payroll accuracy

Tracking travel time and working time

With GPS technology set to develop in the coming years, workplaces would able to bear to not deploy GPS tracking. GPS is becoming an important part for organizations because it helps in many ways such as safety, efficiency, and productivity for large businesses.

Tracking Laws

Worried about the legal landscape around the GPS technology? Are you wary about of accidentally, violating employees’ rights & privacy?

Organizations need to disclose about GPS Tracker installation and tracking to all the employees into the vehicles or any other places or assets. Employees may dispute, and raise voice against GPS tracking, however, it is up to the organization to their own rights to grow and protect their business. Today, around 50% workplaces track the location of the employees’ with smartphone App.  GPS tracking enhances the safety and ensures the daily operations run on time.

3 Things a Business Owners Need from Fleet Management System

Fleet Management means to manage and taking care of each and every aspect of a company’s vehicle fleet. Fleet Management has become a main part of the modern business. Managing any fleet of vehicles is a complex & stressful job for the owners or managers of the fleet. Due to the complexity and managing problems Fleet Management software come into the picture to managing and running fleet businesses in a smooth flow. 

Fleet management software is an important tool for business owners/managers, helping to use real data to take right decisions at right time about their drivers, services, and vehicles that will directly affect the success of their business. Fleet management software (FMS) helps fleet agencies & organizations to manage, organize, and coordinate their service vehicles from a central data platform. The main purpose is to keep the fleet operating smoothly by reducing costs, time, improving performance, and ensuring compliance with government regulations. The primary aim of FMS is to collect, store, process, monitor, report on and export important information about the fleet. GPS deals with long-distance transmission of required data, and in the case of fleet management, data can be gathered from external sources such as gas pump processors, government divisions that control vehicle registration, financial companies, mapping systems, insurance agencies, and vehicle specification databases. To get the maximum advantages of your fleet management and get the high ROI, look for a fleet management software system that offers the following useful features.

Fast Response and Real-Time Tracking Capability

Modern GPS fleet tracking devices have real-time tracking ability without any time lagging between gathering information and showing it as an update. Be careful, before buying fleet management software (FMS), it is very important to know it should have a system that offers accurate and real-time information within the shortest time interval between data updates. To get the high responsive location tracking, take fleet software that is able to offer updates within very less time and not more than 5 to 10 seconds.

Easy Data availability & Compatibility with Multiple as well as Cross Devices

A good FMS should have easy data accessibility on multiple devices and independent to the shape and size of devices. It helps as many as a number of users can access the data and on any types of devices not matter is it a desktop or mobile.

Fleet management software with a neat and clean, web-based interface also minimizes the complexity of organization IT systems because it does not need the installation of new software on different computers. A mobile-based FMS is one of the best choices and trending in present days for businesses due to easy access on mobile anywhere.

Accurate integrated Data Collection and Reporting Capability

A great fleet management software system should be able to automatically record and store a variety of other useful information. Business owners & managers should be able to get the required information on main points like speed, mileage, fuel uses, uses of the vehicle, ideal time, off hours of the driver, maintenance history, and so on.