Minimize fuel costs with TrackoBit’s Fuel Monitoring System
Supervising fleet operations every day requires fleet managers to be on their toes for every little aspect including
vehicle maintenance, route planning, vehicle and driver safety and another important aspect, fuel consumption.
One of the biggest expenses in fleet operations is fuel consumption. The fuel costs of a fleet for a lifetime are often higher than the initial acquisition cost in India. Therefore, it becomes imperative for fleet managers to keep track of their vehicle’s fuel consumption. But, is it manually possible for them to monitor the fuel usage of every vehicle? The answer is yes, but not accurately.
With the help of a Fuel Monitoring system you can effectively monitor the fuel consumption of your vehicle at every bit and get notified in case of any fuel pilferage. Sounds too good to be true, right? Let us unwind this solution for you and tell you how it can help you optimize the two most efficient resources, time and money. So, without further ado, let’s get started!
What is a Fuel Monitoring System and how does it work?
Fuel Monitoring Systems is a platform that uses an amalgamation of hardware(fuel sensors and GPS tracker) and software to gather fuel consumption data for your vehicle. Now, how exactly do they track the fuel?
With the help of fuel sensors, simple!
Is it really that simple? We’ll get to that in the later part of the article.
Fuel sensors are installed in the fuel tank through which fleet managers get instant alerts of when the fuel is poured into the tank and similarly when the fuel is taken out from the tank. This way fleet managers stay notified in case of fuel pilferage. Quite an efficient way of monitoring fuel usage, isn’t it?
Now that you have understood the basics of the fuel monitoring software, let’s dive deeper to know about the advantages of using a fuel monitoring system for your business;
Advantages of Fuel Monitoring System
Fuel Monitoring system comes with a whole lot of advantages that allow fleet managers to efficiently manage their business operations without worrying about rising fuel costs and fuel theft. In this section, we would brief you about these advantages and tell you how TrackoBit’s Fuel Monitoring System can do wonders for your business.
Accurate data insights on real-time fuel consumption: Monitoring a vehicle's fuel consumption is an easy task with a Fuel monitoring system. It generates precise fuel consumption reports through which managers can quickly get to know the fuel level wrt time, distance covered by the vehicle, fuel consumption of the vehicle in a moving state, static state and much more.
Smart fuel planning: Isn’t it smart to plan the costs of fuel before planning a trip? A fuel monitoring system lets you do exactly that. It allows fleet managers to get access to the state-wise fuel price data that lets them plan their fuel budget before assigning trips to the drivers.
Reduced fuel thefts: Fuel thefts can become one of the biggest concerns for fleet managers. However, with a fuel tracking system, they get a chance to reduce fuel pilferage. How? Through instant alerts. Managers not only get alerts when the fuel gets filled in the tank but also get refill and drainage alerts. So, if they get alerted of a sudden drop in fuel levels, they can identify theft and take immediate action on them.
Better data visualization: It gets easier to understand data when it is presented in a visually appealing manner. This is exactly what the fuel monitoring system does. It presents the data on fuel usage concerning distance, time, mileage, and ignition off and on. With the help of these charts, fleet managers can easily see fuel usage at various distances.
Spot irregularities in fuel trends: Spotting out irregularities in fuel consumption trends becomes hassle-free through fuel management software. Let’s know how. So the system sends instant alerts whenever the fuel gets ejected from the tank right? Not only these alerts but the system also gives access to fuel reports where they can see the amount of fuel filled and ejected from the vehicle.
These were some of the advantages of the Fuel Monitoring System. Now, coming to the part where we tell you how TrackoBit can handle the responsibility of maintaining the fuel usage of your vehicles.
Applications of Fuel Monitoring System
Driver Behaviour Analysis: You must be wondering how a fuel monitoring system could help in driver behavior monitoring .Turns out it can. After all, drivers may indulge in harsh braking, idling, or overspeeding while driving. With the help of fuel management reports, fleet managers can understand the patterns that lead to excessive fuel consumption and train their drivers to avoid these practices.
Effective Route Planning: With the help of a GPS tracker, the fuel consumption of every route becomes precisely clear. However, some routes may require extra consumption of fuel. Such routes include difficult terrains. Through Fuel Monitoring System, fleet managers can analyse the fuel consumption of several routes, and mark the routes that will require extra fuel consumption as forbidden so that the drivers avoid taking them.
How TrackoBit can help you minimize fuel consumption?
We understand that excessive fuel consumption is one of the major concerns for fleet managers. To help them solve this problem area, TrackoBit’s fuel monitoring solution uses a combination of hardware and software to increase the vehicle accessibility of fleet managers.
Our software covers all the above-mentioned features and goes above and beyond to help businesses minimize fuel costs, track fuel-guzzling driving patterns leading to more fuel usage and get accurate data insights on fuel refill, drainage, and mileage of the vehicle. Besides this, using our fuel monitoring system your business can promote eco-friendly driving. Let’s know how.
Taking a step towards a greener environment
Harmful driving practices such as idling and overspeeding causes the engine of the vehicle to burn more fuel. The more strained the engine gets, the higher it contributes to the emissions of carbon dioxide(C02) from the vehicle's exhaust system into the atmosphere. Therefore, the number of carbon footprints in the air increases.
Being a greenhouse gas, the deposits of CO2 into the air trap heat in the Earth's atmosphere leading to global warming.
To save our planet Earth from becoming an unsafe place to live for humans, let’s take a step towards eco-friendly driving with the help of a fuel management solutions. Through precise fuel consumption reports fleet managers can effectively monitor driver behaviour and give them proper feedback on avoiding harsh driving practices. This way, we as an industry can contribute towards a greener environment.
Summing up, this was all about TrackoBit’s fuel monitoring system. Get in touch with our team to know how we can help your business enhance fuel economy.
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