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9 Secrets to Reducing your Fleet Expenses
As a fleet owner, your day-to-day costs can quickly add up. What you don’t know is there are further hidden, expensive...
Read moreThe construction industry faces a unique set of challenges.
Businesses have to contend with tight budgets, tighter deadlines and the evolving needs of their customers, on top of the fact that their fleet operation is forever on site or out on the road. Operating such large and expensive equipment on a regular basis also brings its fair share of safety and security risks.
Efficiency, productivity and equipment uptime are often all that stand between a profit and a loss. But staying in control of these factors in such a fast-paced and competitive environment is not easy.
That's why more and more construction businesses are turning to GPS fleet management technology. Today's comprehensive systems can help to reduce costs, drive out inefficiencies, promote safety levels and increase profitability.
How Verizon Connect supports the construction industry
Our portfolio of solutions helps customers across the construction industry to monitor and manage their mobile operations. Some, like West Lothian-based specialist diamond drilling company, Corecut, report significant increases in productivity since implementing our solution.
Corecut Operations Director Ewan Crocker relies on Verizon Connect to help him assign jobs to the nearest driver, estimate job duration and costs, monitor driver start and finish times and deliver instructions straight to workers in the field.
As a result, he estimates that the system has paid for itself ten times over and increased productivity tenfold.
We chose Verizon Connect because we needed a system with comprehensive functionality. Through optimising our mobile workforce, we have improved our efficiency and productivity levels vastly.
Elsewhere, Mulholland Contracts has been able to realise significant cost-savings since working with us.
The company has generated ROI by monitoring driver location to reduce personal mileage, optimising routes and managing wasteful habits behind the wheel. As a result, Mulholland predicts a 2.5% efficiency gain per week and a 5% fuel saving per year.
Working with Ford Telematics powered by Verizon Connect has allowed us to reach our goals whilst helping us generate significant long term operational cost savings.
How it works
Our fleet and asset tracking solutions allow construction companies to closely monitor drivers, vehicles and all manner of equipment.
With a fleet tracking solution in place, you can increase visibility across multiple job sites, improve the accuracy of forecasting and billing, increase equipment uptime, improve asset security and much more.
With live data on location, vehicle or equipment status and usage history, you can quickly locate your team and find and reallocate assets. When you can see exactly what's happening and where at any given time, you can make more informed and potentially profitable decisions.
A GPS solution can also help to automate critical processes, saving you time and reducing the risk of human error. By tracking site arrival and departure times, you can improve the accuracy of your billing and payroll functions.
Data gathered by the systems on driving events like speeding and late braking can be used to coach your drivers into safe and more fuel-friendly behaviours. Add an integrated video solution to your fleet management system, and you can get eyes on the road to improve coaching and support drivers in the event of an accident.
There are plenty of other ways a fleet management solution can help you stay in control, too. Automatic alerts help you stay ahead of routine serving and repairs, while geofences and pre-set operating hours help to fight theft and unauthorised use.
To see how Verizon Connect helps construction businesses drive efficiency, productivity and safety, read our industry-specific case studies. Or request a free demo to see our solutions in action.
