Did you know that the average additional cost of fuel consumption of India annually is $14.7 Billion? The study was conducted by the logistics firm, Transport Corporation of India and IIM-Kolkata. Definitely, it’s a steep number. The factors affecting this steep number are delays due to traffic, bad roads, theft, poor monitoring, etc. This loss affects the financial report of every logistic, construction, cold chain, rental companies and the cost-efficiency goes down by a mile.
But what if an efficient real-time fuel management system sends real-time data to your mobile phone or your computer with which you can not only keep track of your fuel consumption but also have a critical analysis over a period of time? Don’t you think that this system can save millions of dollars over a period of time which you can re-invest on your business?