![]() (IDTechEx)įor comparison, US car sales in 2016 were around $600Bn. It is anticipated that by 2024, autonomous vehicles will perform with the same safety as the average American. The US government estimates a cost of $240Bn a year across property damage itself, medical and emergency services, legal, lost work and congestion. Something over 90% of all accidents are now caused by driver error, and a third of fatal accidents in the US involved alcohol. ![]() In the USA in 2015, there were 13M collisions of which 1.7M caused injuries.Ģ.4M people were injured and 35k people were killed. While driving at 55mph, this is the equivalent of traveling the length of a football field.Īccidents kill over 1.25 Million people globally every year. Reaction and recovery time is 3-4 seconds when distracted, versus 1-2 seconds when attentive. The average duration of a glance to a phone while driving is 5 seconds. ![]() Source: Intelligent Mechatronic Systems (IMS) The average duration of a distracted driving event is 9.4 seconds. (Nationwide)Īmerican drivers engage in distracting activities more than 50% of the time they are behind the wheel (Proceedings of the National Academy of Sciences, PNAS) (Pew Research Center)Ĩ% of drivers admit to driving with a pet on their lap. ![]() Driver Management Helps in knowing driver's location in real-time, instant messaging the drivers, automates IFTI reporting, monitor driver's performance, etc.Drivers are distracted on 53% of their trips.Ĥ6% of adults admit to reading or sending text messages while driving.Parts Management Helps in enhancing the fleet part management process, minimize part cost and facilitates taking a better informed operational decision.Tool Tracking It helps tracking tool repairs, streamlines tool inventory and tool control and ensures right tool is allocated at the right place.Inventory has to be physically counted or measured before it can be put on a balance sheet. nventory represents a current asset since a company typically intends to sell its finished goods within a short amount of time, typically a year. To achieve these balances, firms have developed several methods for inventory management, including just-in-time (JIT) and materials requirement planning (MRP). For companies with complex supply chains and manufacturing processes, balancing the risks of inventory gluts and shortages is especially difficult. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items. Inventory Management Inventory management refers to the process of ordering, storing, using, and selling a company's inventory.Dispatch Management Facilitates the process of assigning drivers and or vehicles to customers.Fuel Management Facilitates monitoring fuel consumption and reducing cost without compromising the service provided.Inspection Management Helps to streamline all-important inspection program/tasks and automate it to make the process paperless.Maintenance Scheduling Helps in framing a maintenance plan, gathering and coordinating all the resources to do a job within a specified timeframe.Maintenance Tracking Helps to simplify maintenance programs, record maintenance tasks and make detailed maintenance data easily accessible.Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports.Routing Helps to create optimal routes/paths to reach a location timely, safely and conveniently.Vehicle Information Facilitates availing and viewing all necessary vehicle data and status information from a single dashboard.Vehicle Tracking Helps to connect the software with the vehicle location for availing useful information about the car or vehicle on road in different locations.Work Order Management Helps in managing and organizing work order in a paperless form to streamline workflow.
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