5 Benefits of GPS Tracking (2024)

In the world of transportation technology, it pays to understand what your fleet needs and how your company could benefit the most from emerging technologies.GPS fleet trackingis a tried-and-tested technology that goes far beyond dots on a map. To get the most out of GPS tracking you should start by understanding what the benefits of GPS tracking are and assess how they can help you meet the goals of your business.

Table of Contents

  1. Improved Safety
  2. Minimize Fuel Costs
  3. Lower Operational Costs
  4. Increase Productivity
  5. Theft Recovery

Here are the top 5 benefits of GPS tracking:

1. Improved Safety

The safety of your drivers is no doubt a top priority for your organization. This starts with having well-maintained vehicles but should also focus on monitoring driver behavior and ensuring that safe driving practices are being followed.

Mostfleet trackingproviders offer digital maintenance programs that enable you to createmaintenanceschedules with automatic alerting based on odometer readings or scheduled maintenance. You can also create digital processes for inspections and maintenance activities that enable your drivers and maintenance teams to report faults that can be instantly actioned.

Most GPS trackers also have built-in accelerometers and can alert drivers and managers to patterns of poor driving behaviors, such as harsh braking, harsh acceleration, harsh cornering and speeding. When equipped with AI-enabled dashcams, fleet managers can go even deeper with visibility into distracted driving, tailgating and red-light violations.

Fleets can use this data to implement rewards and recognition programs to honor the best of the best drivers and encourage other drivers to do better.

5 Benefits of GPS Tracking (1)

2. Minimize fuel costs

According to theTeletrac Navman Benchmark Report, fuel costs are one of the largest expense lines for transportation companies, second only to payroll. With GPS tracking,fleet ownerscan understand when and how their vehicles are being operated. Speeding and other poor driving behaviors, such as harsh acceleration, can decrease fuel efficiency increasing costs.

Unauthorized vehicle use can also significantly increase fuel costs. A GPS tracking system can alert management to unauthorized use via time-of-use restrictions and calendar templates.

You can also reduce fuel spend by ensuring drivers are taking the most direct routes to jobs. With access to route planning anddispatchingtools your team can ensure that they are assigning jobs to the nearest vehicle, travelling on the most efficient routes and limiting fuel use.

3. Lower Operational Costs

By having access to the data that matters most to your business in real-time, organizations can make moreinformed business decisions, reducing operational costs.

Having instant access to data helps businesses identify problems quickly and ensures that resolutions can be put in place to mitigate costs that would have been incurred if the problem existed for a longer period.

GPS trackers can support the digitization of processes and simplify the collection of data, ensuring that the right information is collected and stored in a central location that is accessible by all team members. By digitizing processes like pre-trip inspections, job dispatch and proof of delivery fleets can streamline administrative processes so their team can focus on getting the job done.

5 Benefits of GPS Tracking (3)

4. Increased productivity

Increasing productivity is a time and money saver. With a GPSfleet tracking system, businesses can monitor time spent at job sites or at loading bays and work to ensure drivers are more productive. Also, by ensuring the nearest vehicle is routed to a job, businesses can eliminate waste.

Digitizing important workflows is another way to increase productivity. With proof-of-delivery and custom forms, including digital signature capture, fleets can streamline payroll, billing, inventory, and other back-office tasks.

5 Benefits of GPS Tracking (4)

5. Theft Recovery

Vehicles and equipment are some of the most valuable assets your business owns. Therefore, it should come as no surprise theft recovery is one of the top benefits of GPS tracking.

When you have GPS tracking installed on your vehicles and other assets, your company can easily monitor the location and set calendar templates for expected use and quickly identify unusual or unauthorized use.

Get instant alerts when a vehicle or piece of equipment is operating outside its designated location or hours of operation. If a vehicle is stolen, location tracking can help authorities recover the asset, reducing expensive replacement and insurance costs.

5 Benefits of GPS Tracking (5)

5 Benefits of GPS Tracking (2024)

FAQs

What are the benefits of a GPS tracking system? ›

GPS tracking systems provide an array of benefits including enhancing the efficiency of the fleet, increasing productivity, better asset management, and more. They facilitate streamlined fleet operations, optimize delivery routes, up-to-the-minute location updates, and enhance field employee's safety.

What is the benefit of tracking? ›

Tracking and tracing in logistics offers you peace of mind and keeps your partners and customers informed about the status of their shipments. Also, it builds trust between the supplier and the purchaser.

How does GPS benefit us? ›

There are five main uses of GPS:

Navigation — Getting from one location to another. Tracking — Monitoring object or personal movement. Mapping — Creating maps of the world. Timing — Making it possible to take precise time measurements.

How is GPS tracking good? ›

Pro: GPS Trackers Are More Accurate Than Smartphone Apps

They just don't offer the level of accuracy businesses need. GPS trackers have better accuracy that lets you monitor shipments, reckless driving, asset locations, and employee efficiency.

What is the purpose of GPS tracking? ›

A GPS tracking device is a portable unit that allows users to monitor and track its location. These devices are most commonly used in vehicles as car tracking systems. While tracking devices are similar to in-car navigation systems, there are a few key differences.

What are the pros and cons of GPS system? ›

Pros And Cons of GPS Tracking For Businesses
  • Pro: Worldwide accessibility. ...
  • Con: Privacy issues. ...
  • Pro: Independent operation. ...
  • Con: Accuracy concerns. ...
  • Pro: Improved productivity rate. ...
  • Con: Battery-dependent. ...
  • Outlook – GPS Tracking.

What problems can GPS solve? ›

5 Benefits of GPS Tracking
  • Improved Safety. The safety of your drivers is no doubt a top priority for your organisation. ...
  • Minimise Fuel Costs. ...
  • Lower Operational Costs. ...
  • Increased Productivity. ...
  • Theft Recovery.

Why is benefits tracking important? ›

Benefits realisation allows organisations to plan, manage and monitor how time, effort and resources are invested into making desirable changes within the organisation. It is an essential part of project management, which invariably involves change for the better through a clearly defined, results-focused process.

How does GPS tracking improve performance? ›

The answer is short and simple: a GPS Performance tracker. The GPS Tracker measures your Max Speed and Number of Sprints made allowing you to tailor your training to improve your sprint speed. Max Speed is an important metric because improving this can turn an average player into a top-level athlete in their sport.

What are the 5 main uses of GPS? ›

Global Positioning System applications generally fall into 5 major categories:
  • Location – determining a position.
  • Navigation – getting from one location to another.
  • Tracking – monitoring object or personal movement.
  • Mapping – creating maps of the world.
  • Timing – bringing precise timing to the world.
Apr 9, 2020

Why is location tracking good? ›

Advantages of location tracking

One of the biggest advantages of having GPS tracking on your mobile phone is that it allows emergency responders to easily find you during an emergency. Previously, emergency services used triangulation to estimate the callers' location by measuring signal strength from mobile masts.

Why is GPS so helpful? ›

For example, GPS can be used for everything from finding your way around a new city to tracking commercial shipping containers as they travel around the globe. In addition, GPS provides critical data for weather forecasting, agricultural planning, and even disaster relief efforts.

Why is tracking useful? ›

The biggest benefit of data-tracking is that it allows you to make decisions based on information your customers provide. As you develop and launch marketing campaigns, you can check back on this data and improve your strategy with each campaign iteration.

How accurate is GPS tracking? ›

For example, GPS-enabled smartphones are typically accurate to within a 4.9 m (16 ft.) radius under open sky (view source at ION.org). However, their accuracy worsens near buildings, bridges, and trees.

How effective is GPS monitoring? ›

The results showed that GPS moni- toring was more effective than tradi- tional parole in reducing recidivism and was also more cost-effective. Parolees in the traditional group — those not placed on GPS monitoring — commit- ted new crimes and had their parole revoked more often than parolees in the GPS group.

How is GPS system useful? ›

The global positioning system (GPS) is a network of satellites and receiving devices used to determine the location of something on Earth. Some GPS receivers are so accurate they can establish their location within one centimeter (0.4 inches). GPS receivers provide location in latitude, longitude, and altitude.

What is the difference between GPS and GPS tracking? ›

The purpose of using GPS navigation is to reach a destination point or identifying one's own position in the map. The purpose of tracking is to identify something or someone else's position on a map.

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