Every company throws money away. But where does it go? Here are 3 places it disappears to that can be stopped.
1) Gas is not cheap; and it seems like that this statement is becoming ever more amplified. Many businesses have gas expenses and in some cases, it can be one of the biggest costs of doing business. Stop the money (and gas) drain by eliminating idling. At $2.75 per gallon, one vehicle idling for 1 hour per day can cost an additional $700 per year. How may vehicles do you have in your fleet? Can you tell when they are idling? GPS enabled fleets can.
2) Overtime anyone? Employees say yes, but if it is unnecessary, it could be costing the company their profits. Keeping an eye on vehicle productivity using GPS is a good way to find out where the unnecessary overtime is coming from.
3) The company vehicle being used for after hours activities can be a major drain on the cost to operate a fleet. Wear and tear, gas, and depreciation all factor in to where the money is going.
Testimonials of vehicle tracking benefits
Monday, June 26, 2006
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