The economic downturn that began in 2008 affected practically every industry, but the related problems in the housing market were an especially big blow to the construction sector. But this is 2015. Things are improving, especially when it comes to the housing market. And that’s good news for construction companies.
According to USA Today, contractors added 290,000 jobs in 2014, a nine-year high. Construction spending rose 9%, 6%, and 5.7% respectively in each of the last three years. Being able to hire is always a positive thing. But how can you take full advantage of the opportunities that an industry upswing presents? GPS fleet tracking is one important way to make sure you get the most out today’s economic recovery.
Reduce unnecessary fuel consumption and large equipment repairs
Saving money is a really good way to make money – the less you’re wasting, the better. But with a large fleet of vehicles and equipment, many construction companies see costs start to spiral out of control.
The data you obtain via GPS tracking will help you monitor and optimize equipment usage, leading to significant cost savings. You’ll lower costs by managing vehicle misuse and excessive idling. You’ll know when drivers aren’t operating vehicles safely and whether they’re risking costly damage. And when maintenance is needed, engine diagnostics will tell you before a minor problem turns into a major issue.
Manage larger teams with ease
A growing client list means more jobs for your team, and more jobs in different locations make growing your fleet a necessity. The logistics of managing a fleet are difficult no matter what, but as your fleet grows, the list of issues you must face increases exponentially. Managing fuel costs, regular maintenance and the location of your vehicles and equipment all become a massive chore.
The solution is data – the kind of data you get from a GPS tracking system. You’ll always know where every vehicle and every piece of equipment is located, no matter how large and ungainly your fleet may seem. A built-in battery means Synovia Solutions GPS tracking can be used on all equipment – even if that equipment isn’t powered by an engine.
The ability to manage your team and your fleet with ease, especially as it grows, will put you in great position to make the most of today’s massive construction boom. Fortunately, Synovia Solutions can help you increase cost savings, worker safety and customer service – all at the same time.