The importance of video telematics technology has grown significantly as it is now able to solve major issues of supply chain management. It works on reducing operational costs and improving timely delivery. The use of video technology with telematics brings a variety of advantages that are now a must in modern management.
What is Video Telematics Software?
Video telematics is a fleet management solution that promotes the use of video cameras. In essence, they work the same as regular GPS Fleet Tracking Solutions which acquire the real-time tracking information of a vehicle. The additional benefit of having video telematics is that you not only see the camera footage of the vehicle's movement but you also can access it. Video telematics not only offers the video data but also provides you with the system-generated data.
Importance of Video Telematics Solution in Modern Supply Chain Management
Enhancing Visibility and Transparency
Video telematics systems are one of the best ways to enhance the supply chain by improving visibility. The use of cameras on a fleet vehicle provides monitoring access and allows managers to follow events and know when a possible conflict is beginning.
Such transparency leads to the prompt identification of issues such as deviations from the route, the inefficiency of drivers, and unauthorized stops. Consequently, the proactiveness with which such issues will be handled on time will result in reduced costs but also a higher operational effectiveness.
Driver Safety and Accountability
The behavior of the driver directly impacts the safety of the fleet and eventually the entire supply chain. Here, video telematics serves a two-fold purpose. First, it assists in the implementation of the regulations of safe driving by checking the driver's movements, like driving too fast, braking too often, and crossing the red light.
Another, the cameras can provide clear video recordings that help to identify who, in case of an incident, was at fault. It also provides a learning experience for the driver to learn and not repeat the same mistake. All these can lead to a shift in the culture of accountability and with that bring down the number of accidents and insurance expenses by video telematics.
Optimizing Fleet Operations
Integrating video data with vehicle information leads to better decision-making regarding efficient vehicle management growth. It offers route optimization, and fuel efficiency, and also schedules maintenance for the fleet. These telematics software data further help management to understand and analyze fuel usage or maintenance needs.
It can help companies apply necessary changes in order to get fuel consumption and vehicle downtime under control. This optimization is aimed at the only thing a fleet should be doing - the improvement of its performance. It undoubtedly results in delivery times being shortened and customer satisfaction numbers getting the highest ratings.
Enhancing Security and Reducing Theft
Supply chains are sensitive to such threats as theft and cargo misplacement. Video telematics security has the advantage of continuous monitoring, thus any suspicious activity will be recognized.
While also authenticating, the video footage is a powerful weapon against theft, also it works as conclusive proof.
Supporting Data-Driven Decision Making
Video telematics systems generate data that is essential for companies to make intelligent decisions. As we know, It is the quality of the information collected that is essential to the successful operation of companies.
By comparing the data, companies can find potential flaws and need to add or upgrade in operating their fleets.
Do Vehicle Telematics Influence Driving Behavior?
The video telematics systems allow you to get the latest information as well as historical information during the operation. The information that you can get on the movement of the vehicles in a fleet can be useful in making better decisions.
As a fleet manager, you can utilize this device to present evidence on incidents such as accidents and crashes. Besides, a video telematics solution can offer fleet managers insights into the driving behavior of any driver. The video telematics system is simply a solution that closes the gap between video evidence and the incident. Hence, drivers are encouraged to follow the practice of driving safely.
Conclusion
Video telematics is more than just a must-have for supply chains. It is a game changer for the logistics operations of companies, making them more accurate, efficient, and economical.
Providing accurate data on everything in real-time, not only cuts costs but also facilitates safety, efficiency, and tactical decision-making.
Investing in Video telematics solutions such as Trackobit will not only increase the efficiency of the current supply chain operations but also build a fundamental base for future growth.
Source: Why Video Telematics is Essential for Modern Supply Chain Management
