Estimated growth of the market is
When it comes to describing changes in the logistics space, ‘overhaul’ would be an understatement, especially since the arrival of the Covid pandemic. Players in the industry who wish to stay competitive have had to come to terms with three key facts, namely:
Uncertainty will forever be a part of supply chains
Supply chains must be agile enough to meet steep end-consumer demands
Manual fleet and supply chain management cannot enable agility, especially at scale
Fleet management is an essential operation for the efficient functioning of logistics operations. It involves ensuring that the overall costs of transportation, fleet and resource utilization, and regulatory compliance of a fleet are at their optimal. All of these measures are instrumental to improving customer satisfaction, increasing revenues, and bringing agility to a fleet.
Enabling supply chain visibility, which means that all relevant stakeholders know where shipments are at all times and in real-time, is important for fleet management. This is easier said than done, especially since the larger a supply chain, the more complexities they involve. Developments in technology have now made it possible for deploying scalable fleet management solutions, right from the first mile to the all-mile.
Some of its main capabilities include:
To make incremental improvements in fleet operations, it is essential to utilize the fleet capacity in the best possible manner. With improved fleet utilization, businesses can improve productivity, minimize fleet risks, and increase their efficiency.
And taking the appropriate swift action can only be possible if fleet managers know where and how uncertainty has struck the supply chain, communicate to the relevant stakeholders, and optimize fleet performance to minimize errors. This is where fleet management solutions come into the picture.
Estimated growth of the market is
The fleet management services market has been showing robust growth and maturation. The trend is expected to continue in the coming years due to the following reasons:
It caters to essential demand of consumers: Enhanced fleet management capabilities has proven its ability in improving customer satisfaction. Customers often demand updates on the status of their shipments in real-time. Thus, what was once used as a tool for differentiating brands from the competition has now become a necessity.
Improves communication: Delivery Orchestration software allows for seamless communication between various stakeholders, which promotes proactivity among team members. It in turn improves productivity and customer satisfaction.
Provides opportunities for reducing costs: The large volume of data being captured can be analyzed to provide insights on optimizing costs, navigating fleets better, managing delivery resources more effectively and making overall better business decisions.
Improves efficiency: As the saying goes, “You cannot improve what you cannot quantify.” Supply chain transparency can expose those areas where resources are being inefficiently utilized and corrective action can be taken.
Quicker to deploy: Fleet management solutions take an average of three to six months to implement, making them relatively quicker and less resource-intensive to deploy.
Fleet tracking system is one of Locus’ flagship products that provides end-to-end fleet management solutions. What sets fleet tracking software apart from other fleet management solutions is that it also provides advanced capabilities, including:
Real-time updates on key metrics like fuel consumption, idling time etc.
Facilitating payments from end-consumers
Clearly from above, we can see that Locus fleet tracking software is a feature-rich fleet management software. To best meet the needs of key stakeholders, fleet tracking system consists of three distinct components, namely:
Real-time tracking: For Fleet managers and supervisors
Locus driver companion app: An app that assists delivery executives
Locus tracking link: A white-label feature that shows the progress of deliveries for the end customer
Here’s a close look at each of these components:
Live View is a dashboard that provides fleet managers the control tower-level visibility they need to optimize their fleet. It shows the progress of tasks assigned by the dispatcher in real-time in an intuitive, easy-to-track format as shown below.
Through this main page, a wide variety of tasks can be quickly executed, including:
Task execution progress
Custom Resource utilization
Distance traveled vs planned
Time traveled vs planned
Live View also provides a more granular, map-based view of operations by showing the progress of individual riders on the routes assigned.
This view also comes with a host of functions such as:
Locus driver companion app is an important link in fleet tracking software’s holistic set of features. It is the app that all riders under the fleet tracking system’s umbrella use to complete their assigned tasks. This makes it the primary source of data on-ground that populates the dashboards and updates the metrics of real-time tracking.
Depending on the requirements of the management, locus driver companion app allows riders an important range of functionalities, including:
With E-commerce becoming more complex, thanks to increasing customer demands, it is imperative to increase operational efficiencies across all-miles.Read more
Running an e-commerce business is all about offering convenience and keeping the promise of speedy deliveries. Now optimize your e-commerce supply chain with AI-powered logistics solutions by Locus.
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