There’s a lot that goes into running a business smoothly and efficiently. GPS Tracking can help you better manage your day to day activities giving you extra time to focus on the bigger picture. Here’s just some of the ways to increase efficiency:
Not only do you spend a lot of money on your assets, but you rely on your equipment and assets to successfully complete a job. The sad truth is that vehicles, equipment and assets are stolen every day. In 2016, a vehicle was stolen every 45 minutes. Read more here about theft mitigation and recovery for your vehicles.
According to the FBI, there were 765,484 vehicle thefts in 2016. That works out to 237 thefts per 100,000 inhabitants resulting in $5.9 billion in losses. For locally stolen motor vehicles, only 42% were ever recovered and those that were recovered were often damaged. Fleet owners can avoid tremendous losses in terms of assets and lost productivity if thefts can be identified quickly and the vehicle recovered before being damaged. Of course, if the theft can be avoided completely, the savings are massive.