Reducing the Costs
Researches show that by implementing the satellite vehicle tracking system in firms, and informing the employees/drivers, from 7% up to 27% of the fuel gets saved.
Even a fuel consumption reduction of only 10%, not only justifies the investment in the most expensive Europe Tracking package, but also brings savings, even without calculating additional benefits, such as control, speed, efficiency, logistics etc.
AN EXAMPLE OF FUEL CONSUMPTION SAVING CALCULATION
Assumption:
- A vehicle travels 5000km a month
- Fuel price is cca 1€
- The vehicle spends 9 l / 100 km
- Based on the data above, monthly fuel expense for the firm is cca 450,00€ per vehicle.
Saving:
Researches show that by implementing the system, by reducing fuel consumption firms achieve saving up to 27%.
Even reduction of only 10% (45,00€) on the fuel consumption not only justifies investing in the most expensive Europe Tracking package with renting GPS device, but also brings savings, even without calculating additional benefits, such as control, speed, efficiency, logistics etc.
AN EXAMPLE OF SAVING CALCULATION BASED ON EFFICIENT WORK HOURS
Assumption:
- An employee has gross salary of 800€ (net 500€) and works 160h per month.
- Employee's one work hour costs the firm cca 5€.
- If the employee spends only half an hour a day for personal purposes, not counting efficiency and performance, that makes additional 2,5€ per day.
Saving:
Europe Tracking system in its most expensive package costs the firm 15,00€ a month per vehicle, therefore about 0,5€ a day, per vehicle.
If Europe Tracking system improves efficiency of an employee for only the above suggested half an hour per day, the firm justifies the expense of implementing the system and realizes additional savings.
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