Fuel has always been one of the main reasons for the cost of the supply chain. Sometimes, you might not be able to go exactly according to the planned route. This may impact fuel prices. Moreover, when you have a fleet of vehicles, it can become tough to keep the fuel prices under control. To manage the fuel costs efficiently, you need to have a system that can perform real-time fuel tracking. With the raises in fuel prices, a comprehensive system such as Thingsup Track can help actively monitor your fuel.
Why is fuel tracking needed?
In a sector where margins are often thin, every drop of fuel counts. The need for efficient fuel management has never been more crucial. Fuel tracking emerges as a beacon of hope, offering a solution that not only curbs theft but also optimizes fuel usage. Let’s delve into the key pointers that emphasize the importance of fuel tracking:
1. For cost savings:
Fuel is a major expense for logistics companies, so any reduction in fuel costs can have a significant impact on profitability. Fuel tracking can help logistics companies identify areas where they can reduce fuel consumption, such as by optimizing routes and improving driver behavior.
2. For Operational transparency:
Fuel tracking provides accurate insights into fuel consumption, which can help logistics companies identify fraudulent activities, such as fuel theft or unauthorized fuel use. This can help to protect the company’s assets and ensure that fuel is being used efficiently.
3. To reduce emission:
Optimized fuel consumption can help to reduce carbon emissions and improve the environmental impact of logistics operations. This is important for logistics companies that want to be more sustainable and meet the expectations of their customers.
4. Improving route planning:
Fuel tracking data can be used to plan routes that minimize fuel consumption. This can save time and money, and it can also help to reduce the environmental impact of logistics operations.
5.Enhanced security:
Fuel tracking systems can help to deter fuel theft by enabling swift detection and action in case of unauthorized fuel usage. This can help to protect the company’s assets and ensure that fuel is being used for legitimate purposes.
How does Thingsup Track help?
Thingsup track is a comprehensive solution that helps in monitoring all aspects of your supply chain. It also helps in fuel management in the following ways:
1.Instant fuel insights:
Thingsup Track provides real-time updates on fuel levels, usage, and refueling patterns. This means that logistics managers always have accurate and up-to-date information about fuel consumption, which can be used to identify areas where fuel can be saved.
For example, if a manager sees that a particular vehicle is consistently using more fuel than others, they can investigate the matter and identify the cause of the inefficiency.
2. Preventing fuel theft:
Thingsup Track uses geofencing technology to track the location of vehicles and trigger alerts if a vehicle deviates from its designated route or predefined fuel efficiency thresholds. This helps to mitigate the risk of fuel theft, as it allows managers to quickly identify and investigate any suspicious activity.
3. Actionable analytics:
Thingsup Track uses advanced analytics algorithms to process data and deliver actionable insights. This means that logistics managers can use the data to identify inefficiencies in their operations and take steps to optimize their routes and improve fuel efficiency.
For example, managers can use the data to identify drivers who are driving aggressively or who are making unnecessary stops. They can then provide training to these drivers or reassign them to different routes.
4. Customizable reporting:
Thingsup Track offers customizable reports that provide comprehensive visibility into fuel consumption patterns and trends. This allows logistics managers to drill down into the data and get a detailed understanding of how fuel is being used in their operations. For example, managers can generate reports that show fuel consumption by vehicle, driver, route, or time of day. This information can be used to identify areas where fuel can be saved and to make better decisions about how to operate their fleet.
Conclusion
Thingsup Track is a comprehensive solution that provides you with modern asset tracking features. With us, you can easily stay on top of all the costs and unprecedented situations that happen within a supply chain.
