The Fast Moving Consumer Goods (FMCG) industry is spread over wide horizons, which involves manufacturing, packaging and delivery of goods. Since FMCG goods have a short life span, they need additional care like refrigeration and transportation. As a result, the FMCG industry demands speed, safety, and accuracy in delivering the products and goods to the drop location. Tight and packed delivery schedules with long routes and delivering the stuff in the least amount of time is the biggest challenge for the whole industry. However, with the help of featureful fleet vehicle tracking systems, it is easy to handle the common challenges that occur in the day-to-day business. In this article, we will discuss everything about fleet management systems and tools. Stride along till the end to know every detail of such systems.
Businesses and distributors are opting for GPS enabled commercial fleet tracking systems that share the accurate location of the fleets in real time. Since keeping track of the vehicles with respect to time is crucial for sustaining the FMCG business. Moreover, one must ensure that the product is reached before the delivery time for maximum customer satisfaction.
Common Challenges of the Supply Chain in the FMCG Industry
The FMCG industry has its own challenges due to the multi-step process that is short yet complicated. To handle those issues with care and ensure the whole process is carried out with utmost safety and accuracy, companies and businesses opt for carrier management system solutions.
- Real Time Tracking Issue: Monitoring your orders in real time is a significant challenge for companies but using a great software or tool with such functionality can help you with that. It will help you with the real-time tracking issue by providing all relevant information.
- Data Transparency: The biggest challenge for FMCG companies is the ability to share the data among their teams with utmost safety. Furthermore, the client’s information is sensitive thus it should not be leaked or given to potential competitors.
- Partnership Difficulties: One of the biggest issues faced by the FMCG industries is the difficulties in handling collaborations with vendors, logistics, clients and transportation. With the help of an appropriate software solution, it is easy to handle it.
- Can’t Make Quick Decisions: In the FMCG business, decisions are only taken on the basis of the data that you have with you. If you lack significant data, then you won’t be able to make sound business decisions and won’t be able to grow it and take it to new heights.
- Insufficient Infrastructure: Lack of delivery vehicles and poor roads add up to the infrastructure costs that need to be handled by the company. However, if a carrier management system is used then the whole process of managing the infrastructure becomes easy.
What is a Fleet Vehicle Tracking System?
Fleet vehicle tracking systems are digital platforms that facilitate the smooth tracking and management of multiple vehicles in one place in real time. It provides the crucial details associated with the vehicle that makes your business more profitable and successful. Since your competitors are not utilizing modern tools and software, it provides you with a competitive edge and enables you to stay ahead of them with ease.
However, there are multiple ways to incorporate a commercial fleet tracking system in your company but the only issue with the prepacked software is that they are often not suitable for the purpose they are brought. Moreover, they cannot be tailored as per the company demands which makes it unfit for commercial purposes.
Advantages of Fleet Management Systems
Fleet vehicle tracking systems have an array of benefits which is why these systems are widely employed in companies. Here are a few benefits that are associated with commercial fleet tracking systems.
- Reduce Fuel Costs: With the help of featureful fleet vehicle tracking systems, it is easy to get rid of increasing fuel costs. The software and tools allow you to know the fuel draining patterns and provide you with optimized reports to make sound business decisions. Dropping the fuel costs is beneficial for the business as it increases the profit margins.
- Track Vehicle Positions: Knowing the position of the fleet at any instant in time enables vehicle managers to pick up the nearby goods and optimize the routes. It is also beneficial for the business because the owner has complete control over the vehicle and asks the driver to make sound business decisions.
- Monitor Driver’s Behavior: In the FMCG business, it is essential to know the driving patterns of the driver and analyze his performance. Knowing the driver’s behavior is also important for the safety of both the vehicle and the driver. With the help of a carrier management system, it is easy to know these necessary details.
- On Time Delivery: As FMCG businesses require rapid delivery thus having fleet vehicle tracking systems is an absolute necessity. The digital solutions help you with the shortest routes and enable you to deliver the stuff on time. Moreover, it also allows you to get a competitive edge as you will be delivering the packages in the shortest span.
- Optimized Routes: If you ask a development firm to develop transportation and logistics software then you can the shortest routes for the journey. It reduces fuel consumption costs and reduces the usual wear and tear of vehicles. Furthermore, the solutions also help fleet managers pick up multiple orders that come in the midway.
These were the few benefits and reasons why companies opt for a carrier transportation management system and increase their profit margins.
Summary
The FMCG industry is considered a volatile industry as the customers keep on changing and competition is constantly increasing. By relying on fleet vehicle tracking systems, it is easy to propel your FMCG business in the right direction. However, it is difficult to find a genuine commercial fleet tracking system that provides you with top-tier functionality. The only way to find what you are looking for is to go for personalized software development. It is a modern process of building feature-rich software as per your business demands. Connect with a reliable development company to get started today.