Knowing where your vehicles are is one thing, but do you know how your fleet is being driven?
As a fleet manager, ensuring your fleet is safe on the road is critical to ensuring your business stays afloat. The cost of an accident while on the job can be astronomical – upwards of several million dollars, depending on the severity. This is certainly nothing to shake a stick at. Driver behavior monitoring is critical to reducing risk, improving driver and vehicle safety, and reducing unnecessary fuel consumption, to name a few things.
In this article, we’ll dive into driver behavior monitoring, what is possible to monitor, and product suggestions for common use cases. Read on.
What is Driver Behavior Monitoring?
Fleet management doesn’t end after you’ve calculated the insurance costs, asset costs, and vehicle repairs. The cost of driver behavior can quickly sneak up with respect to harsh driving, accidents, driver behavior-related maintenance, and additional costs of traffic violations.
You’re likely wondering how to mitigate these costs and what exactly can be done? The answer lies in telematics devices.
Harsh Driving Events
Driver behavior monitoring leverages IoT technology to collect safety data in real-time using products such as the MCX101 tracker from Morey. These products are designed to monitor and track harsh driving events, such as crashes, speeding, excessive idling, towing, and fuel consumption.
This insight will allow managers to identify the best drivers, the worst drivers, and everyone in between. Holding employees accountable for safe driving practices can greatly reduce your business’s financial costs and, equally as important, your reputation on the open road.
Eco-Driving
In a similar vein, green or eco-driving is increasingly important not only for your bottom line but for the environment and associated regulations.
Eco-driving is an economic strategy for driver behavior that reduces fuel consumption and the maintenance costs associated with harsh driving. Devices like Morey Telematics can be leveraged to provide insight into fuel consumption and driving events to aid managers in encouraging and enforcing good driving behaviors.
Why is it Important?
Managing driver behavior data allows fleet managers an enormous amount of insight into their drivers and how their assets are used. Two of the biggest challenges with managing a fleet are the liabilities and safety concerns associated with asset deployment.
Liability
As we mentioned before, the cost associated with an accident can be catastrophic. Attorney fees, vehicle and property damage, and the possibility of a resulting death can bring a company to a full stop. Actionable intelligence through connected IoT devices can help managers optimize the safety and compliance of their drivers.
Safety
Driver fatigue and distracted driving are some of the most dangerous behaviors that fleet managers need to monitor. Leveraging smart devices to give detailed insight into their drivers’ safety patterns allows businesses to make better staffing and asset deployment decisions.
Get Connected with Morey
Morey’s highly configurable series of trackers can monitor every asset, from light vehicles to heavy-duty transport. No application is too complex for our capable, configurable, and durable IoT devices. Industries such as mining, agriculture, heavy transportation, industrial, construction, and many more can benefit from the powerful capabilities of our rugged IoT devices.
Contact us today to discover what a partner in IoT can do for your business.