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How do I quantify the benefits of a fleet management system?

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How do I quantify the benefits of a fleet management system?

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Anonymous

Taking an overall view of the operational benefits of a complete fleet maintenance software, the program involves several assumptions. First and foremost involves implementation.

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Like any other business decision the choice of a vehicle tracking system should be based on Return on Investment (ROI). If you think you can cut costs per vehicle per month to the tune of rupees 2000, then the vehicle tracking system pays for itself. It is much more difficult to quantify when it comes to indirect costs. But it is possible to attach costs to the time lost due to inefficiency or to loss of customer satisfaction and arrive at the same ROI analysis.

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