TOMR ROI Calculator
While fleets operating in developed country road transport markets are recognising the significant potential of telematics, their ability to justify the Return-on-Investment (ROI) for fleet management solutions remains a leading obstacle to adopting these systems.
TOMR is the first telematics provider to comprehensively address this matter for heavy vehicle fleets with the recent release of its Fleet Intelligence methodology. Fleet Intelligence uses proven management and telematics concepts to help transport companies make better decisions about improving fleet performance, reducing operating costs and in the end, improving the company's overall profitability. It should be noted that every dollar saved in operating costs or gained through productivity improvements, goes straight to the company's bottom-line.
TOMR's expertise places it in the forefront of the industry's understanding about ROI analysis and how to deliver financial results for its clients.
Calculating ROI involves a comprehensive process of working through important information about each particular fleet. The process involves about 30 key steps and at the conclusion of this a full cost-benefit analysis is presented, unique to each fleet. The customer has the option to modify data at any stage and recalculate a new ROI. A key advantage of this is the ability to test the sensitivity of key fleet operating costs and other parameters.
So, while understanding the ROI may be an obstacle to decision making, practical tools are now available to make this task a lot easier for fleet owners.
For more information about Return-On-Investment contact Greg Turner at gturner@tomr.com.au