Return On Investment
Scenario 1: Wasted mileage
It costs £1 per mile to run a typical "LGV", excluding staff costs.
As a result of installing the Aerotrack Vehicle Tracking system, driver behaviour will modify - reducing unnecessary journeys and wasted mileage. Assuming a reduction of just 5 miles per vehicle per day, savings are shown below.
| Cost saving of 5 miles per day X 25 vehicles X 22 days | = | £2,750 | per month (ongoing) |
| Minus cost of implementing Aerotrack | = | - £875 | per month |
| Savings per month | = | £1,875 | per month |
| Return on Investment of over 200%. | |||
| Total cost savings for the first year | = | £22,500 | in mileage alone |
Scenario 2: Inaccurate Overtime
In a company with 55 engineers, the average engineer claims 1 hour overtime each week which they have neither worked, nor billed a customer for. For less than £2,000 per month, Aerotrack Vehicle Tracking eliminates inaccurate overtime claims, and saved £1,655 per month. This is equivalent to £19,860 in the first year, savings shown below:
| Cost saving: 1 hour claimed at £15 per hour X 55 engineers | = | £825 | per week |
| Cost saving per month | = | £3,580 | per month |
| Minus cost of implementing Aerotrack | = | - £1,925 | per month |
| Total saving | = | £1,655 | per month |
| Total cost savings for the first year | = | £19,860 | per annum |
In addition, the customer benefited from increased service levels.
For an analysis of how Aerotrack can save your business money, please request a call back and one of our team will call you shortly.
