A stolen vehicle is every fleet manager’s worst nightmare. You don’t just lose the vehicle and its contents. You end up wasting valuable time making insurance claims and dealing with the authorities—not to mention all that downtime and lost revenue due to lost capacity. In some cases, you could even tarnish your reputation.
You can’t predict the future and incidents will occur. The difference between a theft being a minor hiccup and a total catastrophe is how you handle the situation.
When stress is sky-high, decisions tend to be rushed. That’s why proactive managers have a fleet asset theft plan in place—so if something does go wrong, they have a framework to help them get things back on track fast. Here’s how to create an asset theft plan that will keep your business moving.
As a fleet manager or owner, you probably have some concerns about not seeing the full picture. This is where telematics comes in. It completes the picture for you by filling in the gaps in lack of visibility. Now, with proper data leverage, you can make well-informed decisions, accommodate different agendas with more ease, and gain a competitive advantage over the same business in your field. Read on!