ROI Calculator
Productivity. Accountability. Risk. Safety. Profitability.Improve Return on Investment
Return on investment is driven by three variables. How your organization embraces these will determine the speed at which the ROI is achieved and the size of the financial benefit.
- Adherence to policies and procedures established which is fed by data-driven decision. Are you willing to enforce the rules when data tells you there is an issue?
- Adoption of a system to generate data across the entire organization. The data from a GPS tracker is important to almost all departments of service, delivery and transportation companies.
- Management commitment. Is every manager from the field supervisor to senior leadership willing to embrace the data and be held to the same standards?
Orkin Pest Control pioneered the use of GPS tracking data in the late 1990. Orkin started by addressing the $25,000,000 annual issue of safety-related financial liability. Orkin implemented key policies around fleet safety. CEO, Mr. Rollins, mandated from 100% compliance and for the past 10+ years have attributed $27m in savings to improved safety. Fleetistics should know because founder and president Eron Iler worked for Orkin PC at the time and brought the GPS tracking technology to Orkin in 1997.
Orkin Pest Control Case Study
ROI Worksheet
Track Fuel Consumption
- Track Fuel Consumption
- Keep engines tuned
- Catch low MPG vehicles or models
- Control fuel types
- Monitor fuel spending v. maintenance
Optimize Routes for Fewer Miles
Planned v. Unplanned Maintenance
Reduced Wear & Tear
Vehicle Idling Cost
Engine Idle Expense
| 2012 Vehicle & Engine Liter Size | Idle 5 Min./Day Annually | Idle 10 Min./Day Annually |
|---|---|---|
| Chevrolet Silverado 1500: 4.3 – 5.3 | $75-$100 | $150-$200 |
| Dodge RAM 2500: 5.7 | $108 | $216 |
| Ford F-150: 3.7 – 6.2 | $68-$111 | $136-$222 |
| Ford Focus: 2.0 | $34 | $68 |
| Honda Civic: 1.8 – 2.4 | $30-$42 | ÃÂÃÂ $60-$84 |
| Jeep Grand Cherokee: 3.6 – 6.4 | ÃÂÃÂ $65-$115 | $130-$230 |
| Subaru Outback: 2.5 – 3.6 | $45-$65 | $90-$130 |
| Toyota Prius: 1.8 | Hybrid – idling negligible | —– |
| Toyota RAV4: 2.5 – 3.5 | $45-$62 | $90-$124 |
Harsh Driving Detected
Watch how the accelerometer captures harsh driving that increases maintenance costs and reduces vehicle life.
Documents
Specification
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Best in class save $2,500 per year, per vehicle
