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Telematics improve fleet effectiveness for energy company
Applicable Functions
- Logistics & Transportation
Use Cases
- Fleet Management
- Vehicle Performance Monitoring
Services
- Data Science Services
- System Integration
The Challenge
The customer, a company serving the energy industry, was facing a challenge of not having visibility into the location of all its vehicles at all times. This was particularly problematic when an emergency response was needed. The company did not have a handle on its inventory and did not know where all its vehicles were located. In addition, the customer’s DOT-related compliance was ineffective, and it wanted to increase compliance in case of an audit.
About The Customer
The customer is a company serving the energy industry. They operate a fleet of 500 vehicles, including light trucks, medium and heavy trucks. The fleet is decentralized but is moving towards centralization. The company utilizes various services including Accident, Maintenance, Telematics, and Title, Licensing & Registration. The company needed visibility into the location of all its vehicles at all times, especially when an emergency response was needed. However, they did not have a handle on their inventory and did not know where all their vehicles were located. In addition, their DOT-related compliance was ineffective, and they wanted to increase compliance in case of an audit.
The Solution
Element Fleet Management recommended the implementation of their Telematics service to the customer after analyzing their fleet operations. Telematics devices, which included in-cab buzzers, were installed in 500 units. As part of their end-to-end service, the dedicated telematics consultant assigned to the customer helped interpret all the data. One analysis of the results showed the company was spending approximately $336,000 per year in idling, some of which could be reduced.
Operational Impact
Quantitative Benefit
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