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All the businesses are required to dispatch the goods and services from one place to another. Goods need to be delivered to the customers at the right time and at the right place. It is essential to perform these functions with great efficiency for the business to survive in the long run. It is impossible to obtain this efficiency if businesses use manual methods to perform their tasks. It is thus important to use dispatch software to perform and keep a check on all the dispatch related functions.Read More
What Is Dispatch Software?
Dispatch software is a cloud-based software that helps managers to keep track of the activities of the workforce without the use of pen and paper. This makes it possible to mobilize all the dispatch related activities. Dispatch softwares helps in enhancing the satisfaction of the customers by improving the service quality. It helps the business organizations thrive in the long run and face competition easily. Suitable dispatch program if used helps with a variety of things that include:
- More visibility in your workforce
- Reduced workforce
- Optimize routes and schedules
- On-time service delivery
- Complete more orders
- Save time
- Stay efficient
- Track the total generated revenue
- Increased customer satisfaction
What Are the Top 7 Features of Any Good Dispatch Software?
Below are the top seven features of the best dispatch software:
Integration and Flexibility
Dispatch apps are not the only technological solution that a company uses. There are numerous other softwares which are being used in the transport industry. Thus, the dispatch system needs to be such that it integrates well with other operating softwares of the business. As your business organization grows the scale of the operations, the performance also increases. Hence, it becomes necessary to use the dispatch software to accommodate the new changes.
The dispatch program you choose must be automatic. You must get updates in real-time. Hence, if any disaster is to come, it can be overseen by the managers beforehand and necessary measures can be taken instantly. You must also get insights into the areas where you need improvement.
Real-time Data and Alerts and GPS Tracking
A dispatch software needs to be able to track its fleet and all the important documents on a real-time basis. It helps in knowing if the driver is performing the functions efficiently. It alerts them and avoids taking unnecessary paths. This saves fuel and fuel tax. It also helps in tracking accidents if any. This makes sure that help is reached out to them as soon as possible. Since accidental paths are tracked in advance the drivers can avoid such paths. All of this helps in checking for frauds and errors. It helps in getting the alerts and make requisite changes as soon as possible. Dispatch software needs to have an efficient GPS tracking option. Truck routing software also helps in traffic and weather predictions which help drivers to choose effective routes. Also, you get full transparency.
Digital Proof of Delivery
Dispatch software should be such which generates the digital proof of delivery as and when it is made. This helps the business organizations in handling customer complaints and settling disputes if they ever arise. The organizations must be able to undertake contact-free deliveries using this software.
Dispatch softwares must help both the drivers and managers to easily communicate with one another. It is thus important for the dispatch software to have mobile applications integrated with them. This helps in undertaking two-way communication easily. It helps in avoiding misunderstandings and confusion and helps to perform business operations easily.
Video Credit – Lissa Smith
A dispatch software for trucking must offer great control over the entire transportation process. You must be able to track current locations and status using interactive maps and GPS which can help you make decisions regarding when to dispatch the drivers. It also helps in knowing the number of stops that a single driver can cover.
Dispatching is a highly complex process. It requires a lot of time and effort. This makes it essential for the organizations to have software that considers several delivery variables such as the cost of drivers, the capacity of the vehicle, skills of drivers, location of customers, and expected time of arrival of the goods or services.
It is essential to have dispatch software that benefits your managers, clients, and organization. It must help your business earn the requisite amount of profitability and success. These days there are a variety of dispatch softwares available in the market. Businesses must make the best choice according to their budgets. The manager must make a careful analysis and study before picking up a dispatch software. The reviews and ratings of software must be checked. Existing and past clients should be contacted. This helps you in getting a better insight into the software. The software that has all the features that your organization requires to undertake dispatch must be picked up. This makes your organization’s work easy.
The management of logistics is a crucial task for oil and gas firms. Logistics is the key to making sure they manage most of their activities. Additionally, for increased effectiveness and efficiency, a lot of companies are relying on tracking devices. Along with the tracking equipment, the telematics system also has a vital role to play. Telematics is the only thing that supports effective and efficient logistic management. The daily operations of an oil gas software company are complicated as well as expensive in nature. It is, therefore, crucial for the companies to keep an electronic tracker in place so that every step can be managed with greater efficiency.Read More
Oil and gas are incredibly flammable substances. It can result in significant mishaps if you don’t take proper precautions. Thus, transportation of these items requires remarkable knowledge as well as specially-designed trucks. These are transported in special trucks that are leakproof and are large in dimensions. Driving skills, which are essential to safe driving, should be considered of paramount importance. Therefore, to encourage safe driving among drivers, plenty of companies use truck tracking systems. They are software that allows an organization to pinpoint the exact whereabouts of its trucks. The tracking of trucks is directly supported with sensors for telematics. These sensors are very beneficial to companies and hence are utilized on a large scale.
The tracking of a truck’s location is like asset tracking for a business entity. For big business organizations, their trucks are assets that directly participate in the distribution process. Equipment tracking is a crucial element of the process. However, tracking equipment and other assets is not an easy task. It requires a thorough understanding of the management of tracking software for trailers. Tracking heavy equipment is crucial, particularly for oil and gas companies. It’s possible to understand the machinery’s functioning in detail by precisely following it. This allows you to identify potential issues and the causes of breakdowns. If the cause is identified timely, the correct steps can be taken to minimize them.
The oil and gas industry is also where the effluents from fuel and other sources can be a problem. A business must spend the majority of its finance on fuel and associated costs. Thus, when a better GPS tracking device and oil gas software is available, the expense could be reduced by a significant amount. However, taxes also play an essential role in this field. The tax is a necessary expense that businesses cannot afford to miss. When appropriate tracking software and programs are in place, companies can determine the actual amount they will have to pay through taxes and other payments. The company will notice a reduction in costs and an increase in capacity, which will lead to more profits and better services.
Video Credit – Truck Yoo
Therefore, it would be utterly correct to state that logistics management in the oil and gas industry is significant and vital. Telematics devices and navigation influence the fleet management and logistics management of any organization. In any business involved in oil and gas production, comprehensive tracking systems must be in place. These solutions can increase the work capacity and reduce costs.
KPI, or key performance indicator, refers to seeing statistics about your business from your mobile. Companies can use the data to develop effective marketing or business strategies. They can assess the effectiveness of their business and pinpoint areas that are performing well. If the company sees that buyers aren’t buying certain products, they can substitute them with other products. KPI management is about measuring and monitoring the data to determine if it is achieving its goals efficiently. This system includes professional performance indicators to provide accurate information.Read More
KPI management solutions are designed to help entrepreneurs, small-scale business owners, businesses, and companies understand and fill communication gaps. KPI tracking is a way to determine the kind of people who come to your site, the problems they have, the items they like and the reasons why your site is not performing as it should. KPI tracking systems use preferences indicators to assist companies in knowing their overall performance and aiding them in developing successful work strategies. The information is presented in dashboards and charts to be easy to comprehend by users.
KPI technology is utilised by commercial vehicles to track their drivers’ performance and help them make more informed work decisions. KPI is a system of thought that protects vehicles and keeps the drivers secure. KPI acts as a vehicle asset by providing businesses with data like the performance of drivers and the health of vehicles. KPI indicators are easy to comprehend and deliver precise data. Freight firms can also use KPI technology to track maintenance tasks and identify vehicles that require servicing. You can get information like the general health of the vehicle, damages and fuel maintenance expenses. This data could be utilised to assist transportation companies in increasing their efficiency of vehicles and achieving their objective of vehicle optimisation.
Maintaining your vehicle is an essential element of operating a business. Vehicle maintenance allows you to drive efficiently and also to deliver your goods smoothly. This is why you must keep track of the overall condition of your car. KPI technology makes it easier to complete your work and provides accurate data regarding your vehicle. Being aware of any issues that can crop up in the future helps companies manage their work operations and deal with disruptions in the shipping process. The maintenance of the engine is a crucial component of an automobile. A dump truck hauling tickets system will help you keep track of its health and performance. This enables you to avoid costly repairs and deal with any future problems ahead of time.
Video Credit – schneiderjobs
To keep track of performance and reach work targets, businesses can set up a KPI program in the garbage or dump truck. They track the progress of garbage removal and provide information about the vehicle’s condition and the number of trips. The tracker for hauls lets you know the exact location of your hauling and increases the transparency of your work. Monitoring divers makes sure that the work is completed quickly and efficiently. KPI indicators offer many advantages. They can help you gain real-time data, evaluate the results and boost the effectiveness of your marketing and sales efforts. Businesses can identify and fix problems, which can improve their business’ overall performance. KPI can be accessed through mobiles, which is a great advantage. Many company leaders need to travel to different locations. Accessing the most recent information via mobile helps them do their work more effectively and increases transparency.
As soon as the summer arrives, the prices of gas significantly boom. The boom primarily affects the middle-class and lower-middle-class to a core extent. One can witness the hike in prices from March, which mostly continues till June. There are a few reasons behind this happening. Read on further to understand the causes and the logic behind this:Read More
Reasons Behind The Expensive Gas
As told before, during the summer season, there is a change in the prices of gas. This change can be witnessed for a few months, and later on, the prices automatically decline. A few arguments support this fact. These are as follows:
The more you desire something, the more expensive it tends to be. Think of it as getting concert tickets for your favourite band. A similar logic can be applied here. Collectively, people drive more frequently in the spring and summer months. One has the urge to travel more during these two seasons. More trips and outings would mean more fill-ups of fuel. During the summer season, the demand for fuel rises significantly. As the law states, with the rise in demand, there will be a reduction in the supply. While on the other hand, there is also a massive effect on the fuel prices along with fuel tax savings. When a product is demanded in excess, the prices are always high. This fact also stands true in the case of gas demand supply. Therefore, the prices are high during the summer season.
The essential factor behind this hike is that they significantly use heaters during the winter season and stay indoors. However, as soon as the summer season arrives, people prefer to go outside, causing more gas usage. Hence, the prices are pretty high during the summer season.
Implementation of Summer Gasoline
The arrival of the summer season calls for the usage of summer gasoline. In simple words, gasoline is of two types: summer gasoline and winter gasoline. During the summer season, it is the regulation of central government authorities to use summer gasoline. It is because, in the summer, gasoline evaporates at a fast pace. Thus, damaging the engine and air conditioner of the vehicle. Other than this, the rate of pollution also increases.
As a consequence, the government has made the regulation of using summer gasoline during the summer season. Currently, it is a mandatory aspect that should not be neglected. In the summer season, refiners are used to lowering the emissions caused by cars and other vehicles. The refineries produce gasoline blends. These blends have a low emission rate and thus also have low volatility. The process is expensive, thus affecting the prices of gas.
Advent of Covid-19
The introduction of covid-19 caused havoc in the lives of people. With this, from business to personal lives of individuals got affected to a significant extent. The effects of Covid-19 are still visible in the year 2021. The arrival of the coronavirus broke the peaceful equilibrium between the demand and supply of the market. The oil and gas industry was also among the most affected ones.
To control the transmission of covid-19 cases, the government imposed a lockdown. Due to stay-at-home orders, people were not allowed to go outside or even meet anyone. Hence, there was very little consumption of fuel during the previous year. It can also be said that the increased prices are also the after-effects of the covid-19. The economies almost collapsed after the waves of covid. Other than this, the economies are reopening, which means the demand is at its peak. Therefore, with the increase in consumption, the prices will also witness a significant hike.
Video Credit – Smart Trucking
How to Overcome the Issue?
Gas is a mandatory thing without which life feels incomplete in the modern era. Thus, when the prices tend to increase, it affects most people. Therefore, it is necessary to overcome this issue as soon as possible. Here are a few ways through which one can cross the hurdle of overpriced gas.
Comparing the Prices
The first and foremost thing to do is compare gas prices with all the available distributors and retailers. By doing so, an individual will get an estimate of the costs charged by the distributor. Sometimes, there is a variation in the prices offered by other distributors. One can also install various applications to get an accurate price list of the gas and related components.
“Our chief want in life, is someone who shall make us do what we can. This is the service of a friend. With him, we are easily great.” – Ralph Waldo Emerson
To get discounts and other offers, an individual can also join loyalty programs. These are primarily available at gas stations and other areas related to the gas and its products. Therefore, less will be charged, and more will be rewarded.
While driving, always keep in mind the concept of fuel efficiency. This will not cause wastage, and more fuel will be saved also your truck will give you great mileage readings. Additionally, it will not burn a hole in your pocket with the help of IFTA mileage tax savings.
Minor changes in your driving habits can also create a surprising difference in saving gas. If you are guilty of committing some most common gas-sucking habits such as speeding, quick or hard braking, you should stop them immediately.
There is a sudden increase in gas prices during the summer season. However, by following the tips and tricks mentioned above on overcoming the excess pricing, one can cross this hurdle and thus, the gas will be received at nominal rates.
Due to the competitive market, logistics and transport companies require a strong online presence. They can take advantage from well developed professional websites that improve customer satisfaction and market awareness.
Although there are many templates available for transport operation and logistics websites, custom and responsive web development are better than any pre-made solution. Let’s take a look at what it takes to build a website for a logistics company and what its functionality should be.Read More
Different Types of Websites for Logistics Companies
These are the key websites that logistics companies can use:
- Companies that handle freight forwarding by themselves have their own websites.
- Freight marketplaces connect manufacturers and retailers through the use of freight platforms
Web Design for Transport Industry: Useful Features: What functionality can trucking, logistics and haulage businesses use? It all depends on what type of business you are running. However, there are certain features that we recommend to make a website for transportation or logistics services.
Tracking Orders in Real-time: Freight receivers and senders must keep an eye on the status of the shipment and be able to identify where it is at any given moment. Real-time tracking is an essential component of a logistics website. The customer simply needs to enter their shipment ID in the tracking field to track its progress. Many logistics and transportation companies offer order tracking through their websites. This feature is convenient, stress-reducing and can help reduce mistakes or accidental delays. It can also save your reputation.
Video Credit – LoGo Logistics Marketing
Time and Cost Calculation: Businesses are often critical for timely delivery because it affects their procurement workflows as well as individuals who depend on your business to customer (B2C) logistics. Your website should inform customers about the expected delivery time according to best practices in logistics website design. It is easier and more predictable to calculate the transport costs based on weight, distance, and other factors you use in your logistics business model.
Order Online: The best trucking company website structure allows clients to book shipment online 24/7 using a simple form. A central purchase and billing management interface will be needed on your website to provide admins with all details about the order. This will significantly improve the working efficiency of any business.
Online Payments Are Secure: It is great that customers can pay for logistics services on their website. One of the best trucking website ideas is to offer a secure payment gateway. With the help of a website development agency you can offer customers multiple payment options to attract customers.
Chat With Live Support: You should have the ability to speak to someone if you need to solve a problem, ask questions about shipping details, documentation, or delivery details. Contact forms and live chats are essential elements for any logistics website.
Recommendations and Awards: Potential customers must feel confident that they can trust their freight to someone trustworthy. You should place feedback, certificates, awards, and other elements that will enhance your reputation on the main page for your transportation company website.
Comparison of Provider Profiles: If you are looking to set up a logistics website for a particular type of marketplace, this feature is perfect. Allow transportation companies to create profiles that contain details about their services, prices and fleet photos. A customer will be able to compare their estimated times for delivery, rates, and other conditions when placing an order.
Mobile Browsing: It is essential to have a fully mobile-compatible logistics website. Your web pages should be accessible from all devices. All buttons, forms, and shipment tracking features should be easily accessible. Although you can create a mobile application for your logistics and transportation company, many people will not be able to install it due either to limitations in their devices or because they are unfamiliar with apps.
Non-tech-savvy Users Can Use the App: It is vital that you tailor your site to all users if you want to be the preferred logistics company in your area or around the world. It can be difficult for users to understand the steps involved in online ordering if they aren’t familiar with the process. It should be clear and easy to understand the steps required.
Accessibility to the Internet: It is a must for every business to use custom web design techniques nowadays. Your website should be accessible to all types of disabled customers. Can you place and track orders with just a keyboard? Are forms properly validated? Does your website have clear semantic markup? Screen readers can navigate through it easily. These issues and others need to be addressed.
Running a trucking company is a complex process. The owner needs to employ people like managers, workers, and vehicle operators to manage his business. Fleet companies work to dispatch, deliver and manage their fuel expenses. Doing all this manually takes a lot of time and makes the whole process unnecessarily complicated. Using technology makes your job easier and helps you to complete your work in no time.Read More
One such technology is fleet telematics. The other term for telematics is telecommunication. This technology allows companies to track their vehicles using many softwares and applications. Today telematics is used in many things. They include tracking vehicles, trailers, and equipment, managing fleet, and navigating vehicles through satellites. Telematics helps companies to access data through mobiles and maintain vehicle safety.
“Don’t sit down and wait for the opportunities to come. Get up and make them.” – Madam C.J. Walke
This helps companies to keep their vehicles safe and get emergency warnings. Using artificial technology to keep track of your automobiles provides real-time updates. Using telematics in doing your work is an intelligent decision. This system provides live location updates and helps in almost every aspect of managing a fleet business. It gives owners complete control and eases the drivers’ jobs.
Using Smart Trucking System Telematics To Do Their Work
Telematics is helping to provide technology to help people in many fields. Some standard systems using telematics are accounting softwares, asset management softwares, shipping technology, camera, and fuel management systems. It provides tools that assist the drivers, like driver safety gadgets. Many tax calculating systems too use telematics to compile and file your tax reports.
Some navigation and mapping services and weighing scales also use telematics technology to do their work. Telematics helps prepare weather reports and monitor the temperature. Vehicle monitors and transportation management system use this technology to provide the correct data to their user
Making payments to manage your fleet company is a part of doing the transportation business. Many fleet owners rely on their softwares to help them make payments and pay taxes on time. This helps to save time and make payments faster. Telematics data is correct and helps you to file taxes and grow your business. The combination of technology and data makes your work easier and helps you in many ways. The simple ways in which data helps the transportation business include:
1: Using the Transportation Management System: A transport management system helps companies to organize their business. It helps the companies to bar-code, dispatch, and deliver their products. This assists the company managers in making employee’s work schedules and setting up deliveries in advance. Using TMS with trucking dispatch solutions, you can manage your bills and deliver the right product to the customer, keeping them satisfied. This helps companies to build a solid customer base and improve their service. All company employees benefit from TMS, be it workers, managers, business accountants, or managers. All transportation management systems use telematics to track their drivers’ location and ensure the safety of their vehicles.
2: Filing IFTA tax reports: All transportation companies need to file their IFTA taxes if they want to do their business legally. You need to file your IFTA taxes after a quarter. Filing IFTA on time saves you from fines and penalties. It provides companies with a license that helps them travel to the Canadian and the U.S provinces to do their business. Earlier, the freight companies needed to pay any taxes to do business. Now IFTA has combined all the taxes in a single form. Truck carriers obtain stickers and a license after filing these taxes. You can file your IFTA taxes with the help of many softwares available in the market. These softwares contain telematics which helps to file correct tax dues on time. They compile and generate ready-to-file tax reports for their users. Some softwares and tools provide automatic data that helps companies analyze their vehicles’ total fuel in one trip.
Video Credit – Galooli
3: Using Fleet Telematics in Vehicle Management Softwares: Tracking vehicles is essential for all businesses. Well-maintained vehicles help in business. Vehicle management softwares provides weekly and monthly reminders to people to get their cars serviced in time. This keeps a company’s automobiles in top condition and saves money on further repairs. Telematics systems help you to verify and update your work records from time to time.
It has become essential for fleet companies to use fleet telematics to do their work. Telematics assists businesses in monitoring the behavior of their drivers and correcting them if needed. It benefits the driver by giving him trip feedback and saving his total working hours in its databases. It leaves no place for arguments or confusion. This keeps the vehicle operators motivated and encourages safe driving. Telematics has helped the transportation businesses come a long way and made their work easier. Companies using technology to do their job can complete more work in less time than those still using traditional methods.
Energy efficiency is an integral element of the entire oil and gas production industry. When the energy is utilised efficiently, it reduces energy consumption, costs, and productivity. So, it is important to focus on improving energy efficiency in the oil and gas sector. Improving efficiency is a primary task that has to be done on a priority basis. Every part of the supply chain is related to energy efficiency. When the entity reduces its efficiency, the maximum of the supply chain operations gets affected. On the other hand, it also has an environmental impact that makes managing and handling energy efficiency more crucial.Read More
Five Ways to Uplift the Energy Efficiency
You can do so much to analyze your oil performance to ensure effective energy management. It covers all the essential areas of oil production. Oil and gas companies must know about the inefficiencies in creating goals and objectives. They need to execute regular energy efficiency evaluation through metrics and other data.
The process to assess an energy cycle in the oil and gas industry consists of predicting the energy demand by keeping in mind the knowledge of the current system. An energy management system is a kind of data management system which is used to evaluate and manage energy used in the production and refining of the oil to ensure efficiency.
As mentioned above, energy efficiency is a vital aspect in whole oil and gas production. There are various reasons due to which the energy efficiency of the oil and gas industry declines. Reasons such as mechanical, chemical, and equipment age are significant aspects that affect energy efficiency to a considerable degree. Nevertheless, here are five different ways an oil and gas industry can improve its energy efficiency.
Among all the available techniques, metering with oil and gas software is the significant aspect that must be looked at to improve energy efficiency in the oil and gas industry. There are various ways in which metering is done. There are many disadvantages of using traditional metering techniques. This is so because when you have separate HMIs in the metering systems, it leads to duplicacy thus leading to inefficiency. Traditional systems need maintenance due to cybersecurity risks that cost you a lot of time, money and resources. In case the system is not adequately maintained, it leads to much bigger problems other than an inefficient system. Earlier, the meters were installed without adequate documentation and maintenance schedules. It increases the production costs and fluctuations in oil prices. It improves the rate of metering in the oil and gas industry.
- Upgraded Drilling
Drilling machines are widely implemented in the whole oil and gas production. Presently, technological innovation can be seen in every aspect, and thus, drilling success rates have increased significantly. Horizontal drilling and hydraulic fracturing are the two powerful techniques that have caused a significant impact on drilling success rates. Along with this, productivity has also seen a considerable hike with implementing the technologies mentioned above. Furthermore, even by drilling fewer wells, less energy is consumed, and hence, productivity is enhanced.
- Innovational Management System
Presently, technological innovation is growing rapidly. Thus, currently, oilfields are built sophisticatedly, which in turn, makes the data integrated. With the implementation of an innovative management system, data mining becomes efficient. The flow of communication becomes effortless, making the entire process simple. Along with this, DMS, i.e. Data Management System is also implemented. With the implementation of such a system, information gets collected in a single place. With the available data, one can have a look at the actual consumption of energy. Thus, if more energy is consumed, one can improve it by employing strategies and tactics.
- Averting Leak and Spill
Leak and spill is a common problem that the majority of oil and gas companies have to face. However, it has an adverse impact on the entire supply chain and energy efficiency. Furthermore, it also harms the drilling process, making it lengthy and complicated. Keeping aside this, it also detriments the quality of the environment. Overall, a company had to suffer a significant revenue loss and image is also affected to considerable concern. Hence, to prevent this from happening, it is necessary that the company must take over the specific leak and spill protection tools and equipment. Industries that are out of finance primarily take a dig at industry-sponsored centres. Other than this, a company can also set up spill and leak regulations.
- Implementation of Energy-efficient Tools and Equipment
To get better results, it is recommended that the oil and gas industry should employ energy-saving tools like oil gas software, equipment, and machinery. One cannot lay enough stress on the fact that how much energy-efficient tools and equipment are essential for the oil and gas industries. The usage of turbines, compressors, and other tools is a powerful way to maintain energy consumption. Other than this, multiple companies conduct a regular energy audit. Moreover, upgrading the tools and equipment is also an effective and efficient solution for maintaining energy efficiency.
Therefore, in a nutshell, it would be correct to mention that every oil and gas industry requires various ways through which it can enhance energy efficiency. Other than this, the companies that do not put much stress on energy efficiency are most likely to be affected. Energy efficiency is an essential element of the entire oil and gas production industry. The costs of the companies are attached with the energy efficiency. Furthermore, it also has a direct impact on the supply chain of the industry. Thus, it is significant for the company to maintain a balance in its energy efficiency. By following the above-mentioned tips, an industry can improve its energy efficiency.
Transportation management system software is a logistic platform that has been designed keeping in mind the transportation business. The freight has transported either outbound or inbound. The TMS is able to check whether the shipment of the goods has been processed in a systematic manner or not. The complaint or any mishap is reported to the transportation manager for further inquiry. The transportation manager has to look after the complaint and maintain proper documentation. The supply chain management system looks after the whole process and keeps the information updated. Any chance of mishappening can cause a big loss for the company.Read More
The transportation management system software is beneficial because it helps to maintain transparency. The transportation management system provides the exact details about the location of the goods. Features like live location, driver details and tracking ID are provided by the software which is helpful for the customers. Providing the details about the goods can build trust among the customers. The customer will explore and engage more with your company because of the transparency. Nowadays, it has become more important to build customer trust so that they can come back and invest their money in your productions. With the help of the tracking ID, you can be secure about the deliveries of your orders.
Many e-commerce companies now are using this transportation software for attaining better results. To engage with a larger audience, it’s necessary to invest in transport software. The investment is for one time and you get the best results for a lifetime. The software can be easily installed and be used anywhere. The chat options are available for better communication and interaction. With the help of the chat option, you can chat with the customer care services and can resolve their problems instantly. The chat option is 24/7 available. Transportation software is used by various sectors such as food delivery, cosmetics, clothing and many more. Now everything is online and people prefer to sit in their house and order their requirements. Home delivery is the current trend which is quite popular. The competitors are updating their software to provide better services to the customers.
Benefits of Transportation Management Software for Both The Business and Customers:
- The customer services are improved with the transportation software. The customers can easily contact customer care and resolve their problems.
- The trucking company accounting program can record and keep track of details about the goods and analyse if their goods are in a safe condition.
- Using the software can be less time-consuming. The more you use the transportation software the more you can decrease the time spent on freight management. Therefore, warehouse duties can be easily managed.
- The software can arrange the goods in a systematic manner. This will eventually decrease the labour work.
- The main aim is on time delivery of the goods. The customer needs on time delivery of their products which can be fulfilled by the software.
- The transportation management software can provide the details about the tracking ID and the driver details which is beneficial for the customer and can improve customer service.
- As the software will arrange and make the work easy for the employee there will be an improved supply chain and better services.
Warehouse Management System
Warehouse work is the most difficult thing to manage. The whole transportation depends upon the warehouse functioning. The warehouse is the place where you keep the products ready and from there they are taken to the end destination. With the trucking management system, you can arrange the shipments and make your work easy. Time on the freight management eventually decreases and the supply chain will eventually improve. The benefit of the transportation management software will reduce the labour work which eventually removes the cost spent on the labour. You cannot afford any kind of wrongdoing in the warehouse. It will affect the customer services as there can be chances that the shipment was delivered to the wrong address. To fix this problem and better arrangement you can go to the transportation management software.
With the constant flow of the incoming and outgoing inventory, a well-organised warehouse is an important part of the logistic process. To create the record of the order and track the order where they are located in the warehouse, it’s important for the transportation management software to pair with the warehouse management. To increase productivity it’s important to track drivers, inventory and other processes to get the profit to your business. The transportation management system helps to increase the supply chain management and ensure savings to the users.
Transportation management software gives you confidence that the customers are receiving their shipment on time. It allows you to plan the inventory efficiently. The number of ecommerce companies are increasing as the technology is upgrading. Therefore, it’s important to upgrade your software and add more features for ensuring better customer services. Small businesses can also be benefited with transportation management software. Looking at the market and the increasing demand of the customers’, transport management software can be helpful for trucking companies.
International fuel tax agreements, electronic logging devices and international registration plans are three main components of the transportation industry.
Knowing IFTA And Its Working:
IFTA is a tax regulation in forty-eight states of the USA and ten Canadian states. It makes the process of filing taxes easy and streamlines the complete process of fuel tax. Motor carriers who travel to more than one jurisdiction use it to report their fuel taxes. Transportation companies receive IFTA stickers and an IFTA licence for operating their motor carriers in these jurisdictions. They must submit their tax report quarterly and mention the total distance covered by their vehicles and fuel purchased during their journey. The distance covered includes the number of miles travelled in each state, district, and territory. IFTA reviews the report submitted by the freight companies and then informs them of the total fuel to be paid.Read More
Due to IFTA, the process of filing fuel taxes has been simplified to a great extent. Earlier, transportation businesses had to pay several taxes while crossing the territories and obtain various permits and licences. This made the tax compiling and filing a highly complex process. The companies often failed to file their taxes on time due to this. Commercial motor vehicles can qualify for the IFTA if they have three or more axles or have two axles along with a weight of 26,000 pounds. For ifta filing services freight businesses can visit IFTA’s official website to know about the tax filing process and if their vehicles qualify for an IFTA licence.
Importance Of IRP:
Only filing an IFTA is not enough as it only deals with the ifta fuel tax. The transportation companies need to file for an IRP as well which includes vehicle registration. This agreement is necessary for fleet businesses operating in forty-eight regions of the USA and 10 Canadian provinces. In the IRP fleet, companies can get revenue share by mentioning the number of miles travelled by their registered user in their report. Most transportation businesses who qualify for best IFTA report software can easily be eligible for IRP. Similarly, all freight companies having an IFTA licence also need to have an IRP. The benefit of IRP is that it has uniformed vehicle registration for both registered users and jurisdictions.
In IRP, motor vehicles need a licence plate and a cab card. After the registration process, motor carriers need a licence plate that allows the drivers to travel to the registered jurisdictions mentioned on the cab card without any hassle. Freight businesses need to ensure the information mentioned on the cab card is retained and shown at the time of injury or inspection.
What Are IFTA Audits And IFTA Penalties?
With ongoing pandemics and lockdowns, the in-person processes of IRP and IFTA have been postponed in many states. With the help of technology, they have opted for the virtual audit process. With most of the processes going on online, the transportation companies have been asked to submit digital records. Both IFTA Auditors and IRP agencies are ensuring compliance from the motor carriers and the freight companies. Companies should avoid three things if they want to avoid an audit:
- Giving incorrect information of miles per gallon, which is too high or too low.
- Explained fluctuation in the fleet records.
- Fuel purchased exceeding the tax paid.
To save themselves from legal issues and fleet auditing, many transportation companies have started adopting technology and an ifta audit checklist in their business. You can use digital recording solutions to protect the proper records and do hefty calculations.
Video Credit – The Trucker’s Accountant
Every member jurisdiction registered under IFTA is required to audit 3% of the licensed base yearly. This is to verify compliance and make sure that the correct amount of tax is paid. However, the prospect of an IFTA audit can be quite daunting for some, but they serve an important purpose. Also, if you have a good track record, the audit somehow becomes more of a process to validate the records. If your information is valid and complete, be it manual records, or the GPS data the process of audit tends to go much smoother.
However, talking about penalties- if you fail to comply or are not able to file the same on the time. Every IFTA jurisdiction has its own specific rules, but many of them tend to follow a framework. For instance, in both California and NY, you will be charged with a fine of $50 or with a penalty of 10% penalty if you fail to file your return. However, you will file after the due date, or fail to be the amount due.
“Truck driving means the stress of never knowing where you will be and what you will be doing the following day.” Connor Syrewicz
If you tend to travel to an IFTA jurisdiction without a permit, you may be able to assess a penalty, fine, or even suspension depending on the jurisdiction’s law. However, in California, you could be charged a $100 to $500 fine.
How Fleet Software Automates IFTA Reports?
The Fleet software is a safe and secure platform that allows you to save your business-related information. This provides you with access to the records only in the official or master device you want to operate in. The solution also helps you to track everything in terms of dispatch history. This provides you with detailed information about the order related details such as status, dispatch, shipment, and delivery along with the driver’s information. The advanced tracking software can also maintain the accounts and calculate the salary of each employee in the company. The fleet software lets you edit and delete the data easily. Here, you can also release the payments in advance to the driver or any other staff for a specific reason.
Why ELD Are The Right Digital Solution For Fleet Operations:
As suggested by several fleet businesses, they find it challenging to maintain paper-based records. Digital records save them trouble and can be accessed anytime and anywhere. The ELD helps companies to get precise records and compile them to apply for the IRP audit and IFTA audit manual. Often, companies have to access their documents for upto five and six years. This is possible if they have saved their records to digital forms in the cloud, so it becomes easy to access them from anywhere. Before selecting an ELD solution, transportation companies can seek their provider’s advice to know if they can maintain its records for several years with the help of ELD. Fleet managers, owners, vehicle operators and delivery personnel can log in and access these records at the time of audits and tax filing. Maintaining IFTA records manually is not possible and takes a lot of time and effort.
To participate in the IFTA audits process, it becomes mandatory to have the correct records and show them to the inspecting officers, which can be done by the best ifta tracking app. If transportation companies face any issues and problems compiling their records and calculating their taxes, they can opt for various tools, softwares and ifta tracking apps to collect their documents for them. It still saves a lot of time and energy, and they will not have to hire additional staff to maintain their records for them. In case of any doubts and access to information, transportation companies can visit the official websites of IFTA and IRS to know more about the process of filing them.
Freight brokers help fleet companies manage their delivery processes and improve their warehouse functions simultaneously. This helps freight companies to boost their business. A freight broker acts as a middleman between shippers and carriers. He ensures that the cargo reaches its destination safely. Brokers optimise routes and help transportation companies to achieve their goals efficiently. Freight companies deliver raw materials to manufacturers, distributors, and retailers. Fleet maintenance software and freight brokers creates a strong supply chain for the economy. People can book the services of the brokers online. You should consider many things before hiring a broker for your company. Some of them are highlighted before:Read More
Top eight factors shippers should consider before hiring a broker:
Top eight factors shippers should consider before hiring a broker:
- Ensure that the broker has a licence: People should hire a licensed broker. Brokers get their licence from FMCSA. It allows them to do their business legally. Before selecting a broker, you must ensure that he has proper authority and permission.
- See how many services are provided by him: Before selecting a broker, you should provide services like loading, logistics management, and warehousing. Many brokers charge additional charges for extra services. This allows the companies to run their business smoothly.
- Ensure the broker is ready to make a contract: You should ensure that your broker is prepared to make a written contract. A contact explains the terms and conditions of your agreement. This helps to avoid misunderstandings and provides clarity in business.
- Know if he uses the latest technology: Make sure your broker knows the latest technology used in the fleet business. Brokers who have survived in business longer know how to deal with the problems. Many of them use freight broker softwares to do their work.
- See how long he has been in business: Survival in the freight business is essential. Brokers who have two or more years of experience provide support for the company. They know how to manage business crises and the ways to control the transportation process.
- Make sure that the broker is insured: Brokers having insurance policies are experts in their fields. They know how to fulfil the needs of their clients. Having insurance acts as proof that he is lawfully doing his work. It saves the freight company from deceits and double-dealings.
- You should check his references: People should check the background of their brokers. They should know which companies have done business in the past. References vouch for their skills and abilities.
8: Ensure that he fulfils all your business needs: You should check that your broker must satisfy your business needs. They should help you to control the supply and storage of goods. They help a company to do its business effectively and increase its business network.
Benefits of hiring a freight broker:
- Maintains business flexibility: A freight broker software helps you to manage your business. They provide a company full control over deliveries, dispatches, and vehicles. This keeps clarity in business.
Video Source : The Trucking Industry Channel
- Saves your money: Brokers provide the best services to their clients and save them from extra costs. They select the best transportation companies to move the cargo. Brokers select the best carrier to ship a company’s products.
- Provides control over the delivery process: Companies get full control over their business with brokers’ help. They select the best people for the jobs. This speeds up the delivery process and keeps the customers satisfied.
- Helps to control warehouse functions: They help you to manage your warehouse functions. Brokers help to carry out functions like protection of goods, storage, financing, and branding. This makes the delivery process effective and improves the company’s sales.
- Saves you from tax defaults and audits: A broker with freight brokerage software helps the freight companies to file their taxes on time. He keeps a record of the fuel usage and miles covered by the vehicles. The brokers enlist freight management softwares for companies.
- Helps create a good customer base: Enlisting brokers’ services help manage your business and make profits in an efficient manner. They help you to make your deliveries on time. This keeps the customers satisfied. Customers then are likely to recommend the services to their friends and known ones.
- Assists in tracking drivers and cargo: Freight brokers use softwares to record the company freight and drivers. All details like delivery trips, goods delivered and activities of drivers are stored in the computers. These details help to file P & L statements.
- Provides security of the vehicles: People use the services of brokers to boost their business. The brokers keep a record of all company vehicles. All details like fuel consumption and total miles covered by a vehicle get stored in the database.
- Help you do your business legally: Brokers help you know all dining business pros and cons. They know how to do business legally. Brokers help companies to file their fuel and vehicle taxes and stay on the right side of the law.
- Hiring brokers act as an investment: Companies using brokers are more successful than those who don’t. Brokers help you to manage your business and improve your sales. This creates profits for a freight company.
“Every problem is a gift — without problems we would not grow.” – Anthony Robbins, motivational speaker and writer
The growing freight business has made shipping and freight forwarding necessary. Customers want the delivery of their products on time. Freight brokers help companies who deal in export and import services. They act as facilitators between shipping companies and carriers. They provide advice to people which allows them to manage their deliveries efficiently. People should select the brokers who have proper licence and registration. This will act as a future investment for their company and help them do their work efficiently.
With increased digitization and competition, there is a need to have fleet management software for all trucking organisations. Fleet management software enables businesses to accomplish the tasks related to the fleet with ease. Fleet management software collects and manages the data of trucking businesses. It helps in the efficient functioning of the supply chain and logistics management. The main Job of Fleet managers is that the management of the fleet is important as it prevents losses and makes sure that the business survives in the long run. Before purchasing fleet repair maintenance software, the buyers need to know everything and everything about it. Below is the complete buyer’s guide to fleet management software.Read More
What is Fleet Management Software?
Fleet management software is used for a lot of automation functions. It helps in managing the assets and inventories of the organisation. It also helps in finding the correct routes to undertake the transportation function with ease. It helps in tracking the fleet on a real-time basis. This leads to efficiency in operations and customer satisfaction. This makes it possible for businesses to stand firmly in front of their competitors.
Video Source: fleetroot
What are the Various Types of Fleet Management Software?
Fleet management software can be categorised into two parts:
Telematics helps in tracking the fleet on a real-time basis with the help of GPS technology. There are three types of telematics systems.
Original equipment manufacturers embedded telematics systems
OEMs are pre-installed in the vehicles. They help in tracking the engines of your vehicle.
Aftermarket-installed Telematics Systems
These devices are later plugged-in. These systems can be easily installed on any vehicle as and when needed. These systems help in managing the entire fleet with ease.
Portable Telematics Systems
These systems include portable devices like mobile phones, laptops, and tablets. They have a user-friendly interface and are easy to operate.
GPS can be categorised into two parts:
In a passive solution, the data regarding a vehicle is recorded and is available as and when it gets wifi or arrives at the office.
In this type of GPS solution, data can be collected and viewed on a real-time basis by the parties concerned. Data is recorded with the help of a satellite and sent to the computers and can be viewed live.
Before purchasing any software, you should ask the buyer about the need for having hardware for your software and if there is a need, you must check the costs. It is essential to make sure that it fits within your budget. Then you are ultimately able to undertake purchases.
What are the Main Features of Fleet Management Software?
Fleet management software trucking helps trucking businesses in performing day-to-day tasks with ease. The common features of this software include:
GPS tracking helps the management view the status of the fleet on a real-time basis using GPS technology from any place. This makes sure that the work is being performed efficiently. The drivers know that a check is being kept on them so they do not perform unnecessary activities. This helps in increasing customer satisfaction as goods are delivered timely. It also saves the amount of fuel used which ultimately cuts down the cost.
Vehicle management software helps in knowing the routes which the drivers are supposed to take. They need not remember all the paths. The shortest possible and the safest route is made available to them. This satisfies them, the customers, and the entire organisation.
Fleet management solutions help in planning the dispatches. It makes sure that a vehicle is efficiently utilised and goods and services are timely dispatched to the customers.
With the help of top fleet management software, the performance of each and every employee can be tracked. This ensures that the organisation recognizes the best performers and rewards them accordingly. Training and development can be provided and warnings can be issued to the employees not working upto the mark.
Through maintenance management, you can know the position of the physical assets of your organisation. This makes sure that you know when you are supposed to carry repairs or replace machinery. It leads to the longevity of the machine used and also ensures the efficiency of the work performed.
Fleet management software helps you track the exact amount of fuel used by the vehicle. Doing this manually can lead to chances of fraud and errors. It saves loads of money and ensures that fuel tax is correctly paid.
These days, various fleet management software for small businesses are available in the market, both online and offline. The trucking business outsources the fleet operations to these agencies or can make an internal department of experts for the same. In the case of outsourcing, the professionals must be chosen after a careful study. The ratings of the organisations must be checked and previous clients should be consulted. Fleet management software if carefully operated and implemented leads to the profitability of the organisation. They help the trucking organisations stand in front of their competitors and survive in the long run.
All fleet companies want to succeed in their business and rely on their clients’ positive word of mouth. This is why most fleets are adopting technology to ensure their shipments are delivered to the clients on time. A transport software uses technology to provide the best results to the users and helps them optimize their work process. You can think of it as a platform that allows you to pre-plan and execute successful deliveries. The transportation management system (TMS) helps the freight save digital documents in their system for future reference, which allows being prepared for tax audits and complying tax reports. With a TMS, traders and shippers can stay connected through the entire delivery process and share information. This helps them to make deliveries on time and streamline the shipping process.Read More
The TMS helps shippers stay connected to their shipments in land, sea and air and see when they are dispatched for delivery. The biggest reason why individuals prefer to invest in a transport management system is that it provides help in planning, execution, procurement, dispatch, supply chain planning and selecting the shortened routes. You can streamline your work process and double your efficiency with its use. This enables the shipping businesses to clarify the entire process and deliver shipments on time. It keeps your customers satisfied, and they take your services in the future too. With positive client reviews, the fleet companies gain more business and a positive reputation. All freight businesses depend on their transport activities to make successful deliveries; this is why you need to keep your commercial vehicles in prime condition.
Transport businesses can take the assistance of a transportation management system (tms) to monitor their vehicles and logistics. This system is robust, provides instant notifications of the work done, and successfully executes all the deliveries. Fleet managers often need extra assistance to navigate their work processes. With a TMS, they can execute successful deliveries and ensure all their vehicle operators comply with the given guidelines. This helps the freight businesses to increase their trade and expand their business. The transportation management systems examples include the 3PL system and 4PL system. You can get in touch with your TMS provider, discuss your needs and budget, and get instant recommendations. A warehouse and transportation management system is used by manufacturers, shippers, distributors, vehicle operators, freight companies, e-commerce businesses and retailers.
“Have you ever noticed that anyone driving slower than you is an idiot, and anyone driving faster than you is a maniac?” George Carlin
A tms system for carriers helps them to streamline their supply chain to meet their customers’ demands and ship goods on time. All clients expect their shippers to make deliveries on time and send notifications when their products are delivered. This is where a TMS comes in. you can use the information provided by your transportation management software to notify your customers and gain their trust. This helps the fleet companies leave a good impression on their clients and boost their reputation. The transportation management system cost is affordable, and you do not have to worry about spending excess money while opting for a TMS.
The biggest reason why more and more freight businesses are investing in a TMS is that it can be used as a stand-alone application, or companies can combine it with other apps to increase its efficiency. If you are looking for a user-friendly application to plan and optimize your deliveries, you can invest in a TMS. Transportation management system characteristics include planning, execution, optimisation, cost reduction, simplification and automation. Fleet businesses can use a TMS to get accurate bills, documents and reminders of the work done and reduce the workload of the vehicle operators. Using technology in transport management adds speed to the work process and helps freight managers deal with shipment delays.
Every trucking business company wants to invest in the latest tools as well as the technology to improve their ifta filing services. Today, due to advancements in technology, it is quite easy for you to integrate the latest software as a crucial part of the system that works well according to IFTA reporting. Here, IFTA or International Fuel Tax Agreement is an agreement between 48 U.S States and 10 Provinces in Canada. This agreement is implemented to simplify the reporting of fuel consumed by the interstate carriers. You need to get a quarterly license to submit the fuel tax return according to the base jurisdictions.
Here, a Miles by State Calculator can help you to manage your IFTA tax filing Reports. You will find countless packages and plans in terms of the software. But, always try reading the details as well as the features and functions the software will be providing you with. It will help you identify the right software according to your business needs. Additionally, try to find software according to your business size or based on the number of trucks you own.
Video Credit – Smart Trucking
There are many benefits to getting a Mile by State calculator for your current truck or fleet. Read on to know more:
Automatic Calculation Of Fuel Tax By State And Province:
A shipping company must keep them updated with the maintenance and fuel consumption along with the IFTA Mileage logs. Initially, it used to take a lot of time to calculate IFTA reports due to the paperwork involved, but now the Miles by State Calculator makes the process quite simpler, faster and is known to generate the desired outcomes in just a fraction of seconds. The software instantly generates various reviews and reports without making mistakes.
“I basically live out of my truck – I mean from place to place. I feel more at home in my truck than just about anywhere, which is a sad thing to say, but it’s true.” Sam Shepard
Real-Time Travel Monitoring:
Talking about the traditional methods of IFTA calculation, it is important for a company to maintain documents based on the vehicle’s mileage, distances the truck traveled, and the fuel consumed. In addition to this, information like- gap miles, fuel receipts, and other invoices. Therefore, maintaining this data and bills can be a challenging task. But, a mileage calculator helps you to securely save all the information and data on the cloud or any device. It also helps to monitor the real-time ongoing movements of the shipping carriers and fleet.
Saving Your Expenses:
Saving is said to be the primary goal of every business. Also, every trucking company is known to provide a huge share of its profit to its employees. Here, a mileage calculator tends to help you lower down your expenses effective calculations of IFTA filing. However, the automatic method can also save your time hiring an extra workforce and can effectively perform the required tasks according to the jurisdictions. This tool also prevents the odds of miscalculations and you can happily save yourself from unnecessary penalties.
Effortlessly Gets Connected With The Existing System:
The right Mile by State calculator is designed so as to easily get connected with your existing business solution. It works in sync and does not interrupt any kind of performance or cause any technical issues with the existing method. You can also operate other systems with the software due to its user-friendly interface. The calculator also offers a better workflow between the dispatcher and the drivers.
Summary- This Is What You Will Get!
- You can pay all your taxes on time quarterly without worrying about anything else accurately.
- The calculator effectively keeps your IFTA reporting form related documents well-organized.
- The right solution will help to keep your information securely stored online. You can access and upload the information on the cloud to save from your hard drive crashes, data, thefts, and other issues.
- You can keep a track of your IFTA reporting and related records easily.
Lastly, if you are the owner of a small or medium-sized business, knowing how IFTA reporting online can help you to file in the given timeframe. Mile by state calculator helps in filling as well as IFTA reporting software. Therefore, get the one that meets all your business-related requirements.
For a trucking company, it is very important to know the operating cost for each trip. It is very crucial for the trucking company to break the threshold of operating costs for each and every trip. Otherwise it will be impossible for them to stay in the business. Therefore, calculating the cost per mile is the first step you have to take even before starting your trucking company. Once you have the cost per mile and the estimated revenue, then you can have a clear idea about how much profit you will make in a trip through the IFTA tax calculator. This estimated profit is the real difference between a successful company and a failed one. You can calculate your cost per mileage calculator by following a few steps.
Total Miles Driven In A Month
The first and the foremost part of calculating your cost per mile is to know the exact amount of IFTA miles you drove in a month. This total number of miles must include both paid and non-paid miles. In this way, you are able to get the total operating cost for the trip.
Most of the time trucking companies use an estimated number of total miles in a month to calculate the cost per mile using IFTA calculator. This number can be different for different companies, as not all the companies have the same kind of business volume. However, most of the companies claim to drive hundred thousand ifta mileage sheets a year.
Calculate Your Fixed Operating Cost
Fixed operating costs are the expenses that don’t change from month to month. These expenses don’t change whether your truck is on the road or parked in the parking lot. Fixed expenses include the truck payments, truck and driver insurance, cellular plans, health insurance premium, licence plates and the various permits required to operate the trucks. As you can see, these expenses don’t change month by month. They remain the same for all the trucking companies using truck mileage calculators. Some of the expenses are yearly based and some you have to pay monthly. Once you add all these fixed expenses, you have an idea of per mile fixed operating cost.
Video Credit – Driven Trucking
Calculate Your Variable Cost
Variable expenses directly depend on the number of miles you drive every month. Therefore cost increases with the increase in the number of miles driven in the given month. Fuel is a variable expense as it is directly related to the number of miles. Fuel expense increases with the number of miles going up in a month. Fuel tax calculator by state is one of the most difficult tasks, but with the use of a mileage calculator, its is easier.
Other variable expenses are food expenses, maintenance and tyres etc. You don’t have to spend every month on maintenance and tires. Therefore this cost changes every month. Food expenses also vary all the time. Therefore, to use the free IFTA mileage calcultor, you have to calculate the variable expenses every month very accurately.
“Truck driving means the stress of never knowing where you will be and what you will be doing the following day.” Connor Syrewicz
Total Cost Per Mile
This is the final step to put everything together and find the total cost for the month. You have to put the total number of miles using the free mileage calculator, fixed and the variable expenses of the month together and get the cumulative figure. This figure is our total cost of operation for the month. In this manner, you can simply divide this figure by the number of miles driven in the month to get the cost per mile. In this calculation, you will notice that your fixed expenses decrease as your number of miles increases.
Calculate Profit Per Mile
Once you have the total cost per mile, then it is easy to know your profit per mile. You already know the amount of revenue you generated in a month, you just need to divide this amount by the number of miles you drove in the month. This will give you the amount you make per mile. Now just subtract the cost per mile from the amount you made per mile, this will give you the profit per mile. In the trucking industry, profit is the most important thing. If you know how to calculate the cost per mile accurately, then there is a great chance to be a successful trucking operator.
How To Maximize Profit By Calculating Your Cost Per Mile
Once you have completed all the calculations to determine the cost per mile and the profit per mile, now you can start going through the numbers and find the areas of improvement. As you have already noticed that your fixed expense tends to decrease with your number of miles increased. But at the same time your variable cost goes up with the miles.
You can cut the variable cost by saving on fuel with the help of truck management software. This software can guide the drivers better routes and reduce wastage time. You can also manage the stops more efficiently and deliver on time. All these steps help you control the variable costs to an extent. This will have a great effect on your saving. More you cut the variable cost while driving more miles, it has a significant impact on your net savings. This is all possible due to the calculations we did to determine the cost per mile.
Fleet management tools are efficient for getting real-time access and visibility into the operations. Using such tools aims to increase driver satisfaction and decrease fuel usage using predictive analytics and precise reporting. This is why fleet managers depend upon truck fleet software for small businesses to execute their routine operations.Read More
So, What Exactly Is Fleet Management?
Any business that uses commercial vehicles for any function is somewhat involved in fleet operations. The objective of fleet management is to supervise fleet maintenance and performance in order to enhance productivity and make your business run smoothly. Fleet managers are responsible for fleet operations and carry out vehicle maintenance, checking fuel consumption and fuel expenses, route planning, driver management and asset utilization. They are also tasked to implement any program that increases productivity and reduces wastage of resources.
Many companies you see today use vehicle telematics solutions to improve their fleet efficiency and reduce operational costs.
What Is A Fleet Manager Responsible For?
A major challenge that most fleet managers face is keeping their drivers safe and secure. It can be difficult to ensure safe driver behavior, especially when drivers are on the road and the supervisors are hundreds of miles away. But, there are helpful tools that a fleet manager can use, such as dashcams and vehicle tracking systems to track the driver’s behavior. The tools provide real-time visibility and offer evidence and proof to ensure safe driving techniques are implemented.
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In the trucking industry, there is always a shortage of drivers. That is why fleet managers always try their hardest to retain their current drivers by designing mentorship programs, improving workplace conditions, and strengthening relationships between drivers and managers. All these approaches are implemented to keep the drivers happy and satisfied.
The managers must know where the vehicles are to ensure driver safety. This might look simple, but tracking fleet vehicles is not as easy as it seems if hundreds of vehicles are on the road. This is why fleet managers use GPS technology to track their vehicles to know where their vehicles are, increase fleet visibility and promote vehicle safety.
Electronic Logging Device (ELD) Compliance:
Commercial vehicle operators must record hours of service (HOS) using electronic means. So, the managers have to replace paper logging with electronic one and reduce the chances of accidents caused by drivers’ fatigue. For fleets subject to ELD compliance, fleet managers should implement fleet management software for trucking integrated with ELD to accurately record and manage the drive time.
“When the choice is between a demanding relationship and a vintage pickup truck, I’ll choose the truck every time.”- Amy Dickinson.
Cost Reduction and Vehicle Acquisition:
It is imperative for fleet managers to identify and remove unnecessary expenses and make fleet operations more efficient and cost-friendly. Since the fuel and maintenance costs can quickly add up, they need to design cost-saving programs for fuel efficiency and asset tracking. Also, fleet managers need to identify what kind of vehicles are required to make the fleet run efficiently. It is important to understand and forecast fleet vehicle utilization to help determine the vehicle purchase strategy.
Benefits of Fleet Management:
Managing a fleet is challenging, irrespective of the fleet size. This is the reason why many fleet managers use a stand alone fleet management system for their routine operations.
How To Choose The Best Fleet Management Software?
The top fleet management software can help enhance efficiency, improve safety and bring quality to fleet operations. It will help you stay compliant and streamline the fleet operations. If you are looking to invest in a reliable fleet solution, you must check various fleet management software companies online before making a final decision. You can reach out to them online and ask for a demo or free trial to check out the features of the software solutions offered by them.