Top Eight Benefits of Telematics for the Construction Industry

When you’re managing mobile crews, multiple work sites and

a lot of equipment it's easy to lose track of what’s happening. 

A telematics or mobile resource management (MRM) solution

puts you back in control, improving productivity, minimizing

downtime and making your assets and work sites more secure.

This eBook reviews the top 8 benefits a telematics or MRM

solution can offer companies in the construction and heavy

equipment industry.

Introduction

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1 Improved Productivity and Utilization

A key and crucial benefit a telematics solution provides an equipment

owner is visibility into how much, and where, a vehicle or machine is

being used – or not used.

For companies that own larger fleets, over large geographical areas

the stakes are much higher. By having an understanding of how

existing assets are being utilized, companies have the ability to:

IMPROVE utilization and productivity by having the right asset in the right place at the right time

REDUCE vehicle and equipment purchasing and overall owner/ operator costs

REDUCE the number of assets or equipment rentals

RIGHT-SIZE fleets to the job or the business

DIVEST unneeded vehicle or equipment

Balancing vehicle and equipment across job sites or locations based upon actual utilization can improve asset productivity – by as much as 20%.*

*Benefits After Effective Deployment of Fleet Management System – Frost & Sullivan

A WORKING ASSET IS A PROFITABLE ASSET

20%Asset productivity

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2 Reduce Costs

Many fleet managers don't realize that over the road fuel is taxed by the federal government and many state governments to support highway maintenance. So, if your trucks or equipment utilize on-road fuel off-road, you may be eligible for a refund of the highway fuel taxes.

A telematics or MRM solution can utilize the complex geographic information along with integrated vehicle information, miles or time to track fuel used off road. This allows you to provide tax authorities with proper reporting on where and when the fuel was consumed – helping you put those taxes back in your pocket.

The content and information contained here is offered only as a public service to our customers

and does not constitute provision of legal or tax advice.

GET YOUR FUEL TAX REFUNDS NOW

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3 Maintenance in the Digital Age

One of the more transformative capabilities of a telematics solution is making the tracking of vehicle and equipment maintenance an automated function that doesn’t rely on input from operators or field service personnel. Resulting in:

IMPROVED tracking accuracy / reduction in human error (no more loading excel spreadsheets from fuel/payroll cards)

ALERTS for equipment approaching maintenance intervals

MACHINE DIAGNOSTICS that can alert to a problem before it becomes a more costly repair or a downtime event

REMOTE TROUBLESHOOTING of machine maintenance requirements

PREVENTION of un-needed service truck rolls

SERVICE PERSONNEL’S ability to schedule maintenance at times where it will have the least effect on productivity

TOSS OUT THE LOGBOOKS AND WHITEBOARDS

Service departments can also be granted access/visibility to the platform interface to help monitor and proactively address any maintenance issue that may come up, making them a valuable partner in ensuring uptime.

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Another significant benefit is the ability to help reduce vehicle and equipment theft and maximize the chance for recovery. Telematics helps track the location of an asset – even when the asset is turned off. Geofences can be established to alert you if an asset has moved outside of its virtual perimeter, such as your job site. This helps:

INFORM management and the authorities about the location of the asset

INCREASE the chance for recovery

REDUCE downtime/lost productivity associated with the lost asset

REDUCE replacement costs

REDUCE insurance premiums

Similarly, a telematics solution helps identify and curb unauthorized use by employees during off hours, which can open the asset owner up to equipment damage, wear and tear and wasted fuel. It’s one of the best security systems an asset (and a business) can have.

4 Improved Security Did you know that a telematics system can be placed on most assets – not just vehicles and big yellow iron – to achieve many of these benefits? This includes:

REDUCE UNAUTHORIZED USE AND PROTECT YOUR ASSETS

WELDERS

LIGHT TOWERS

GENERATORS

BOOM LIFTS

SCISSOR LIFTS PUMPS

TRAILERS

TELEHANDLERS

A telematics system’s historical records provide contractors with a wealth of information to help more accurately (and aggressively) bid on new work.

The data allows contractors to look at past work to determine approximate hours and operating costs, and use that information to help ensure they are presenting the most competitive bid while also ensuring all costs will be covered.

Similarly, contractors can easily calculate actual hours spent working on a jobsite for more accurate billing. This can be particularly beneficial for rental fleets, where operating hours and time-on-site can be determined down to the minute.

5 Accurate Billing and EstimatingPAST IS PROLOGUE: ELIMINATE GUESSWORK – BID MORE COMPETITIVELY

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For companies that work across state lines and work primarily off road, fuel tax reporting and compliance can be complicated.

A telematics solution can take complexity out of the equation by reporting the location and exact fuel use of each vehicle or machine in a fleet. This helps calculate how much of an asset’s use was off road and can potentially earn a company corresponding tax credits/rebates.

Similarly, if a company is required to use electronic logging devices (ELDs) to report HOS, perform pre- and post-trip vehicle inspection reports or track engine hours to ensure emissions compliance, a fully compliant telematics or MRM solution can make that significantly easier too.

6 Taking the Hassle out of Reporting and ComplianceTHE PROOF IS IN THE DATA

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The improved maintenance recordkeeping, consistent preventive maintenance activities and vehicle/equipment diagnostics made possible by a telematics system will also help extend the useful service life of an asset. If a company can get an extra year or two out of an asset by ensuring it’s kept in optimal working order, they will effectively put off investment in new equipment and help save on capital expenditures.

Similarly – as contractors roll over and add new assets to their fleet – they can maximize the resale value of their used vehicles and equipment by providing the machine’s maintenance history through extensive, automated record keeping via the telematics solution.

7 Help Save on Capital ExpendituresEXTEND ASSET LIFE AND IMPROVE RESALE VALUE

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The beauty of current telematics and MRM systems is that integration is simple through APIs and centralized interfaces provided by a single provider. Through the Telogis platform, customers can integrate a number of other systems to create a comprehensive business management solution.

THIS CAN INCLUDE:

ERP systems

Payroll

Compliance (ELD / HOS)

Route Management and Optimization

Work Order Management/Checklists

Navigation

7 Future IntegrationTELEMATICS IS JUST ONE PIECE OF THE PUZZLE

Pro

cure Deploy

Retire/Resell Maintain

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With adoption rates still relatively low, contractors that take the initiative now and get out ahead of the competition can enjoy a wealth of a dvantages and cost savings that will allow them to run their business better and smarter.

ConclusionGET AHEAD OF THE COMPETITION

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Telogis, a Verizon company, develops and markets a cloud-based Mobile Resource Management (MRM) software platform for companies

that require dynamic routing, commercial navigation, advanced telematics and mobile apps to keep drivers safer, manage compliance and

more. We invite you to engage with us to learn more about how we can connect the vehicles, people and the work that’s being done outside

the four walls of your business.

Once connected, the Telogis MRM platform optimizes and automates your business to drive safety, productivity and efficiency.

Telogis also builds its technologies into vehicles and equipment from leading manufacturers including Ford, GM, Hino, Isuzu, Mack,

Volvo and Manitowoc Cranes, eliminating the need for hardware installations. Telogis also has strategic partnerships with Apple and

Element to deliver opportunities to improve every aspect of your technology deployment and implementation.

To learn more about Telogis, visit www.telogis.com or call toll free: 866-TELOGIS (866-835-6447)

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