MONTREAL, Canada -October 28, 2009 - FleetMind Solutions, Inc., the technology leader for fleet management solutions, has developed a tool for waste and recycling firms to identify and measure the return-on-investment (ROI) potential of implementing a comprehensive fleet management solution. FleetMind can help customers identify the business objectives and metrics related to the technology solution, and demonstrate a detailed plan for achieving a rapid ROI based on each company’s operational specifics.
“Effective fleet management takes into consideration savings and additional revenues gained from across the organization that can total up to $8,000 a year for every truck in the fleet,” said Martin Demers, CEO of FleetMind. “Especially in tough economic times, fleet management solutions must be able to demonstrate an ROI that is fact-based, achievable and measurable. At FleetMind, we are differentiated by our ability to demonstrate a detailed path to ROI, to integrate our products seamlessly into our customers' business and technical environments, and by our more than 10 years experience in delivering solutions that drive better business results."
A fleet management solution should take into consideration all facets of the fleet operations business and not just a particular aspect or sub-set of issues. From up to 80% reductions in data entry times, to dramatically improved service efficiencies – FleetMind provides an end-to-end fleet management solution field proven to streamline fleet operations.
FleetMind’s field-tested ROI calculator can project the bottom-line impact of the FleetMind solution over the following key functions:
- Driver and Administrative Labour
FleetMind can estimate the reduction in minutes per day for administrative paperwork, office support, route time and route efficiency based on each company’s fleet size, routes, customers and other operational data. - Vehicle Maintenance
From monitoring and managing driving and braking patterns, to ensuring safer driving and reducing idling times, FleetMind can demonstrate how its solution will ensure improvements for every truck. - Fuel Consumption
By monitoring and managing idling percentages and speeding infractions, and by reducing the amount of unnecessary travel, FleetMind’s can chart a fleet’s projected savings for every truck. - Service Delivery
In addition to the “goodwill” benefits of satisfied customers and the benefits of complete 360° visibility into truck and driver activity, FleetMind can demonstrate the revenue impact of reducing missed pickups and increasing service delivery. Additional roll-off benefits and extra commercial and residential revenues can also be calculated to show potential bottom-line impacts.
FleetMind combines its extensive industry expertise with practical, leading edge technology to tackle fleet management issues in a holistic and fully integrated manner. FleetMind’s solution includes driver display, driver direction, fleet mapping, detailed reporting, automatic service verification, cart management, safety features, wireless communications and more! As FleetMind customers, waste and recycling firms typically see dramatically improved service efficiencies, a sharp increase in bottom line benefits, better visibility into fleet and business operations, and a significant reduction in resource requirements.
About FleetMind
FleetMind Solutions, Inc. is the technology leader for fleet management solutions. FleetMind was founded in 1996 by bringing together leading-edge computer systems expertise for harsh, real-world environments with breakthrough research and development in telematics for heavy trucks. FleetMind designs, manufactures, and markets wireless enabled on-board computers, driver terminals and business automation software that extend the reach of our customer’s enterprise back-office systems all the way to the truck and driver. Our solutions have allowed some of the largest transportation and Waste Management fleets in North America to link their drivers and vehicles to business operations in real-time, delivering proven business results and a true competitive edge. FleetMind puts YOU in your driver’s seat. For more information, visit us at www.FleetMind.com.
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