"SGTC: How Fuel Monitoring and Geo Fencing Boosted Logistics Efficiency and Cut Fuel Costs"
Subash Goods Transport Co. (SGTC) is a logistics company in India that provides transport services to a wide range of customers. With a fleet of over 20 vehicles, SGTC faces significant challenges in managing fuel expenses, preventing fuel theft, optimizing fuel usage per route, and tracking vehicles in real-time.
THE NUMBERS
₹2 Lakhs plus saved per month
10% less fuel consumption in one month
THE CHALLENGE
SGTC struggled with rising fuel expenses, which impacted its bottom line. Additionally, fuel theft incidents were frequent, leading to significant financial losses. Furthermore, the company found it challenging to monitor and track the movement of vehicles in real-time, making it difficult to optimize fuel usage per route.
THE SOLUTION
To address these challenges, SGTC implemented a fuel monitoring system that combined real-time tracking, analytical tools, and geo-fencing capabilities. The system involved installing advanced fuel sensors on each vehicle, which transmitted real-time data on fuel consumption and mileage to a centralized platform. The platform enabled SGTC to monitor fuel consumption, optimize fuel usage per route, and reduce operating costs.
Additionally, the system used advanced analytics and machine learning algorithms to detect fuel theft incidents. By comparing fuel consumption patterns with route maps and historical data, the system could identify fuel theft incidents and send alerts to SGTC's management team. This enabled the company to take corrective action promptly and prevent further losses.
Moreover, the system incorporated geo-fencing capabilities that allowed SGTC to set boundaries or virtual perimeters around each route. If any vehicle crossed these boundaries, the system would send alerts to the management team, enabling them to take corrective action promptly.
THE RESULTS
The implementation of the fuel monitoring system had a significant impact on SGTC's operations. By optimizing fuel usage per route, the company was able to reduce fuel expenses and improve profitability. The system also helped SGTC to detect and prevent fuel theft incidents, resulting in further cost savings. The data collected by the system enabled the company to analyze fuel usage patterns and identify opportunities for further optimization.
Furthermore, the incorporation of geo-fencing capabilities enabled SGTC to monitor the movement of vehicles in real-time, enabling them to optimize route planning and prevent vehicles from deviating from their designated routes.
CONCLUSION
By implementing an advanced fuel monitoring system, SGTC was able to address the challenges of managing fuel consumption, preventing fuel theft, optimizing fuel usage per route, and tracking vehicles in real-time. The system provided real-time visibility into fuel consumption, enabled the company to optimize fuel usage, and reduce operating costs. Moreover, the system's advanced analytical capabilities helped the company to detect and prevent fuel theft incidents, further improving profitability. The incorporation of geo-fencing capabilities enabled the company to monitor vehicle movements and optimize route planning, further reducing fuel expenses.
Overall, SGTC was able to streamline its operations, reduce fuel expenses, and improve profitability with the implementation of the fuel monitoring system.