Some of the business processes that have been improved using these types of analytics are:
- Fleet culling with ranking assets by performance and cost-of-Ownership
- New technology evaluation based on testing in your fleet
- Driver retention and improvement with Driver Performance Analysis incorporating vehicle condition
- Improve fuel economy by detecting quantified asset performance declines for earlier corrective action.
- Reduced time operating assets with performance issues – identify emerging problems quicker, reducing hauling costs & reducing risk of urgent substitution of equipment & drivers
- More satisfied drivers with fewer trip disruptions and delays
- Reduced diagnostic time, diagnostics accurate more often means less time OOS
- Fewer fines/OOS tags for equipment out of compliance; lower insurance costs
- Improved customer satisfaction from fewer delayed deliveries
- PM scheduling and parts inventories based on End-of-Life calculations (reduced asset downtime, fewer on-road repairs, more effective inventory investments and space usage)