Your vehicles, machinery, and tools make your operation run. You use them every day, and without them, you could not get the job done. As your operation grows, your powered asset count increases, and it can become challenging to keep track of each moving piece of your fleet. After a certain point, you may find yourself needing to increase your visibility, and because you can’t be in two places at once, it may be time for you to invest in a GPS asset tracker.

What is a GPS Asset Tracker?

A GPS Asset Tracker is a telematics device that uses GPS functionality to locate, keep track and monitor your assets & vehicles across multiple locations.

So how can a GPS Asset Tracker specifically impact your operation? We’ve put together 4 questions to ask yourself to help you determine if it is time to invest in one.

1) Could you locate any of your assets at any time from any place in under 10 seconds?

The number one reason for having an asset tracker is to locate your asset! Whether you need to track down a vehicle because it’s due for service or you simply need to use it, having the ability to immediately pull up an asset’s location significantly cuts down the time your employees may spend trying to find a vehicle that was left somewhere it wasn’t supposed to. It’s simple, the quicker you locate the asset, the sooner it can be addressed or put to use.

2) Are your assets in danger of being stolen?

You made a significant investment in your assets, but if your assets are left in an open site overnight, with no security, you are putting yourself at risk of losing that asset. A great asset tracker should have a feature called geofencing. This allows you to set the perimeter in which your vehicles and assets can be operated. If an asset crosses a set boundary, an alarm can be triggered to alert fleet managers of potential theft or unauthorized operators not adhering to the company’s guidelines. Using a system that sends real-time alerts to allow you to act quickly, increasing your chances of recovering stolen assets.

3) How quickly can you locate an asset that needs to be serviced?

We mentioned this in our first point, but every powered vehicle needs routine maintenance to continue running properly, yet maintenance technicians can oftentimes spend a good portion of their day just trying to locate a vehicle that needs servicing. Using an asset tracker to quickly locate assets allows technicians to quickly locate, service and move on to the next vehicle for a more efficient maintenance process.

4) Do you know exactly how your assets are being used? 

In addition to location tracking, most asset trackers have the ability to monitor hour meters. Tracking hour meters help you identify assets that are underutilized while also helping you set proper preventative maintenance schedules. If an asset is being under-utilized, you have an opportunity to either move it to another location, or you can cut that asset from your fleet altogether, eliminating the maintenance, storage and other operating costs associated with it. By using actual usage data to set your maintenance schedules, you can be sure you are never over maintaining your vehicles.

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If you find yourself unsure of the answer to any of the questions above, it might be time for you to look into asset tracking for your fleet.

At Access, we offer simple, affordable asset trackers that are completely customizable to the needs of your operation. If you’d like to learn more about our asset trackers, schedule a call with one of our representatives today to learn how features as simple as GPS location tracking can significantly impact your bottom line.