A Fuel monitoring System is a combination of hardware and software, that together enable security, access, and control of fuel stores, whilst monitoring delivery and consumption. It monitors how much fuel was purchased and when and where it was purchased. This information is then compiled in a report, where fleets can use the information to find the best places to fuel and to find suspicious transactions.
Fuel management systems or, Fuel monitoring system refers to the monitoring of fuel consumption, theft, refilling of fuel tankers, etc.
A fuel management system is essential in the market owing to the increasing cases of corruption in fuel transportation.
This system can also provide great relief for the people who wish to monitor the fuel consumption in their company‟s fleet and to check any fuel theft by their drivers.
Read more about the Top 7 Benefits of Fuel Monitoring System
What is the Need for Fuel Monitoring System?
The need for the Fuel management system is the rising of fuel costs. It challenges the fleet operators to maintain the movement of vehicles and monitor the driver behavior to avoid delaying traffic conditions. Implementing real-time vehicle tracking is essential for comprehensive operational control, remote driver security, and fuel savings.
Functions/Importance of Fuel Monitoring System:
1. On-site Tank Fuel Level Monitoring:
2. Monitoring Vehicles and Drivers:
3. Real-Time Data Reports:
1. On-site Tank Fuel Level Monitoring:
With the help of the Fuel Monitoring System, the fuel storage tank level is monitored on-site once the fuel is transferred from the delivery tank. This information is automatically updated on the monitoring system and provides data on the current fuel level in the tank. The system can detect any leakage if any, through leak level analysis. Here are the top 4 Tips for Winter Fuel Management during 2020 for Vehicles
2. Monitoring Vehicles and Drivers:
Drivers and vehicles are identified through a pin number by the fuel monitoring system after refueling.
3. Real-Time Data Reports:
The operators can use the fuel monitoring system and gain information on their fuelling costs and get a detailed report on fuel stock, consumption, vehicle, and location. The report also highlights the areas which cause a drop-in fuel efficiency and provides suggestions to improve it. Read further about Oxford outlines its Plan to become UK’s first Zero- Vehicle Emission City
Benefits/Purpose/Advantages of Fuel Monitoring System:
1. Improves Fuel Efficiency
2. Improves Data Accuracy
3. Lower Costs of Fuel
4. Reducing Fraud
5. Better Tracking, Operation-Wide, in Real-Time
1. Improves Fuel Efficiency
With a fuel management system, you benefit from improved fuel efficiency, which helps to prevent fuel waste. When you track vehicle maintenance and driver routes, you can utilize this data to make cost-effective decisions, such as implementing more efficient driving routes and encouraging better driver behavior, both of which will improve fuel efficiency. Here are the top 5 Useful Tips You Need to Know Before Using Biodiesel for Your Fleet
2. Improves Data Accuracy
Human error in data collection is very common, so when you switch to an automated system, you can rely on the data is accurate and up to date. Your fuel management system will update your data in real-time, allowing you to intervene with early responses to any problems, improve vehicle performance, and keep your fleet on the road for longer. The data is ideal for analysis and decision-making. Must Read about Effective Data and Cyber Security Measures in Fleet Management & Connected Cars
3. Lower Costs of Fuel
Fuel is one of the costliest elements of running a fleet, but a fuel management system can save money on fuel costs. When you have a direct view of exactly how much fuel is being used per vehicle for each journey, you will be able to watch out for any anomalies. You may discover that some drivers are using your fuel for personal uses, and you can put a stop to that behavior and ensure the fuel is only being used for fleet-related purposes.
4. Reducing Fraud
Fuel theft is a big issue in the industry. Thieves can use a method known as fuel skimming, where they replace card readers at fuel pumps with a skimmer that captures cardholder data, creating fraud charges. But a fuel management system can keep track of the exact amount of fuel that is being used, and when the fuel is being accessed. You can use this data to identify security issues within your fleet and implement solutions. Here are the Top 5 Basic Fleet Management Problems and Challenges
5. Better Tracking, Operation-Wide, in Real-Time
The ability to track details such as run and idle time can pinpoint opportunities for improved driver training, eliminating wasted fuel. You’ll get the most from the fuel you have and reduce unnecessary wear-and-tear on your fleet. Automatic Fuel record-keeping ensures consistent regular maintenance, and real-time information allows the early response to potential problems. You’ll improve vehicle performance and keep your fleet on the road longer. Here are the top 5 Ways Traxroot-Fleet Can Help you Save Fuel | Fuel Management System
Contact us for a quick demo or 14-day trial to know more about our Fuel Monitoring Software, and how we can help in connecting your assets in real-time to the internet. Visit our FAQ page for some frequently asked questions on Fuel/Fleet management.
Fleet Management Software | Critical IoT Asset Management | Driver Monitoring | Fuel Monitoring | Crash Detection | Pay As You Drive | Vehicle Tracking System | Condition Monitoring | Remote Monitoring
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