The importance of data and data analysis in fleet management

Today's mini-blog post on Logiico is dedicated to the importance of analytical reports in fleet management. We will examine analytical reports in fleet management in the areas of fleet tracking and monitoring and ensuring the accuracy of cargo delivery. Stay with us.

The Importance of Data Analysis in Fleet Management

When we talk about fleet management, topics such as:

• Tracking and monitoring
• Driver behavior
• Number of deliveries made
• Fuel consumption
• Distance traveled by each driver

are discussed. All the mentioned items include data and information that, if not recorded and maintained, can lead to the loss of a lot of critical information.

Perhaps naming today's era as the age of information and data is not so irrelevant. Especially metadata or Big Data. The importance of metadata and information in businesses gives executives the ability and capability to always stay one step ahead. Metadata allows you to make strategic decisions more intelligently and purposefully by predicting conditions.

With this in mind, businesses that are somehow involved with fleets and the delivery of goods and orders (especially those businesses that have their own fleets and vehicles) can use metadata as a tool to predict the conditions of their fleet.

Data mining in fleet management eventually leads to the creation of a pattern that can include information such as:

• Risky driver behaviors while driving
• Time to replace vehicle consumable parts
• Average fuel consumption based on load volume and distance traveled
• Fleet and driver performance

and more.

Now that we are familiar with the importance of Big Data and data analysis in fleet management, let's look at the reports we can extract from the critical data and information of the fleet. Reports that can smooth the path of strategic decision-making.

Fleet Operational Activity Reports

This refers to reports on the operational activities of the fleet and drivers. This report gives you a deep insight to better monitor and control your drivers' activities, such as the number of deliveries, distance traveled, risky behaviors, and more.

This report can be collected daily, weekly, or monthly, and after some time, it provides you with a pattern of driver behavior and fleet status that you can use to improve and increase the efficiency of your fleet and drivers.

The prerequisite for having this report? It's not that hard!! Your drivers just need to have an app installed on their phones to record data during activities, and you can access that data through your management panel.

Driver Behavior and Fleet Safety

One of the most important data and information that can have a significant impact on improving the operation of your fleet and drivers is examining driver behavior while driving. Why do we say it's important? Imagine your business is in the field of pharmaceutical distribution or oil and gas product distribution, a small mistake by the driver can cause you billions in losses.

To obtain information on driver behavior and increase fleet safety and reduce financial and human losses, you need a vehicle tracker or GPS. You might ask, can't we do this with software? We have the answer for you.

The answer is neither no nor yes. Sometimes, to achieve a desirable result with high confidence and flexibility, it is necessary to use tools and hardware alongside software. This way, you can rely heavily on the obtained result.

A vehicle tracker with the ability to connect to the vehicle's ECU provides information such as:

• Vehicle health
• Time to replace parts
• Risky driver behaviors
• Opening and closing of the vehicle cabin door

This information is provided to you. Analyzing and reviewing this information has a significant impact on increasing fleet safety and improving driver behavior while driving. As we mentioned, you only need to install a vehicle tracker (GPS) and synchronize it with the fleet management software.

In Conclusion

Do not underestimate data and information. Reviewing and analyzing data and information and fleet analytical reports (the ones we mentioned above) allows you to examine the problems and points that reduce your fleet's efficiency and performance and plan for improvement.

Perhaps the old methods of recording information and data, such as recording in Excel software, are no longer so reliable. Data and metadata are among the items that require a secure and reliable platform for storage and maintenance. A platform where the possibility of data and information deletion and loss is minimized, and at the same time, your security and privacy are at the highest possible level.