Independent Study Reveals Fleet Management Services Save Thousands In Vehicle Operating Costs
AberdeenGroup reports that 57% of best-in-class companies reduced their operating costs per vehicle by an averageof 10.4%. Based on this information, the annual savings from reduction in operating costs alone can amount to $1,100 per vehicle.
Salisbury, MD (PRWEB) May 25, 2007 -- Eight in ten service organizations recently surveyed by the AberdeenGroup, a Harte-Hanks Company, revealed that those who have successfully implemented fleet management solutions like Navtrak have realized a 28% improvement in driver compliance, an 11% reduction in maintenance costs and a 13% improvement in vehicle utilization. As a result, those same organizations reported a 12% increase in overall service profitability.
In the recently published study, Service on the Move: Driving Profitability via Fleet Management, business owners and fleet managers stated that proactive management of their fleets is integral to their overall operational and financial performance. The report findings verify what tens of thousands of Navtrak subscribers across the country already know: the proven ROI of vehicle tracking solutions that offer increased visibility into mobile workforce operations and improve fleet-related productivity.
"Annual savings from operating costs alone of $1,100 per vehicle justify adoption of fleet management solutions," said Amit Jain, Research Director at the AberdeenGroup and author of the report. "The financial impact from reduction in insurance costs, accident costs, depreciation costs and increase in worker productivity make investments in fleet solutions a no-brainer."
Jim Duncan, President of Navtrak, pointed out other important benefits of Navtrak's fleet management services, including:
- 26% improvement in regulatory compliance
- 23% increase in warranty recovery
- 15% decrease in vehicle downtime
- 15% reduction in average travel time per job
"This study should be carefully read by anyone who manages a mobile workforce," adds Mr. Duncan. "Navtrak's fleet management service provides tremendous insight into a mobile workforce, and gives the business owner a suite of powerful tools that can bring a real sense of accountability to the drivers. You simply cannot underestimate the financial impact of driver behavior on profitability."
The full report is available for download at http://www.navtrak.net/aberdeen.
317 companies participated in this quantitative study, including Pepsi Bottling, SYSCO FOODS, Gothic Landscape, Transwestern Pipeline, Georgia Pacific, Qwest Communications, Grand Home Furnishings, Yorkston Oil Company, Santee Cooper, Tucson Water, Nufarm Ltd, Kone, United Stationers, Tri-State G & T, Fluor Enterprises, City of San Diego, Virginia DOT, Miami Dade county, Canada Cartage, Petro Canada.
About Navtrak
Navtrak, Inc., located in Salisbury, MD, is the industry leader in providing GPS tracking systems, fleet management solutions and car tracking devices for businesses with mobile workforces. Founded in 1999 and now serving thousands of customers across the country, Navtrak is committed to Driving Business Productivity™ with valuable, real-time fleet tracking, reporting and communication tools that improve efficiency and enhance customer service. For additional information, visit Navtrak at http://www.navtrak.net or call (800) 787-2337.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to AberdeenTM for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
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