Evertise
01 Sep 2022, 20:24 GMT+10
The general public uses geographic positioning systems (GPS) on computers and mobile devices as a free, included, and reusable application or engine. Although GPS is phenomenal for standard utilities, businesses have designed, licensed, or purchased their GPS alternative known as transportation management systems (TMS) that can track local company vehicles or international air, rail, and sea carriers that provide real-time supply-chain statuses. Companies that invest in TMS can expect at least a 30% return-on-invest (ROI) within six months after implementation and optimizing essential functions.
Three types of TMS systems are generally used. First are plug-in trackers installed into a vehicle's electricity port, similar to a Turo GPS tracker. However, tracking data is not always available, as the device will shut off if the device is unplugged or the vehicle is turned off. Then there are hardwired trackers, like Turo GPS, permanently integrated into the vehicle's hardware. Like plug-ins, data transmission continues when the vehicle is turned off. An additional disadvantage to this option is that device maintenance is more complex and costly since the device is hidden. Lastly are battery-operated trackers that can remain active for up to a few months. Associated cost savings are added when companies use rechargeable batteries, but the downside is that data is less frequently transmitted, whether the vehicle is off or on, comparatively.
Entities can get the exact real-time location of products, vehicles, and workers through their devised or purchased TMS. Standard TMS uses cell- or satellite-based GPS, where the satellite option is more reliable and precise. Furthermore, organizations can execute asset tracking of computers, equipment, and machinery by adding a barcode inventory system or radio frequency identification (RFID) tags to be recognized by their TMS. Some industries that use at least one of these tracking types are bike, car, construction, delivery, limousine, transit, trucking, taxi companies or freelancers, law enforcement agencies, oil and gas giants, organizations with field sales representatives, and universities.
Decreased costs and higher efficiencies are notable after companies use a TMS. The loss prevention strategy with asset tracking prevents items from getting lost or stolen. Efficient route navigation combats fuel costs with shorter route durations to save time. Thus, operational costs are minimized, primarily when companies investigate workers' driving behaviors to prevent unnecessary fuel burning with aggressive accelerations or speeding. As a result of monitoring behaviors, safety practices are promoted that can help reduce hefty insurance premiums with safe driving or businesses installing TMS! Some other added benefits are employee time-tracking to lessen overtime expenses and improved customer satisfaction ratings, especially if customers get updates on a carrier, product, or ride arrival time.
Get a daily dose of Tampa Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tampa Star.
More InformationYANGON, Myanmar - A regime court sentenced to death five people detained for their alleged involvement in a deadly August ...
HARTFORD, Connecticut: Following a state Senate debate and vote to approve Connecticut's most comprehensive gun legislation since the laws put ...
SPENCER, Massachusetts: Spencer, Massachusetts Fire Chief Robert Parsons has said that a June 2 fire that burned down a 160-year-old ...
MOSCOW, Russia: Journalists from countries that are "unfriendly" to Russia will be banned from covering this year's St. Petersburg International ...
SAN FRANCISCO, California: Landowners in California participated this week in a class organized by the El Dorado Amador Prescribed Burn ...
RAMALLAH, Wet Bank - A two-and-a-half-year-old Palestinian boy shot in the head by Israeli troops has died in hospitalThe boy, ...
TRAVERSE CITY, Michigan: DuPont, Chemours and Corteva have reached an agreement to pay $1.18 billion to resolve complaints of causing ...
NEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...
MENLO PARK, California: Facebook parent Meta has said that under a trial that could last through the end of June, ...
WASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...
NEW YORK, New York - U.S. stocks started the week under pressure on Monday. "Markets are catching their breath after ...