In an environment marked by razor thin profits, wringing the most out of every dollar is all it takes to separate the winners from the losers. Successful companies find ways to enhance the value of every process, manage their assets and operations and ensure that every investment adds to that value proposition. While that makes sense on paper, the real world shows a much different reality - nearly 20 cents out of every IT dollar is wasted. To capture every penny of value from your technology spend, you must understand what issues technology can help you improve. PeopleNet has implemented a proven methodology in working with over 1,200 fleet customers, many with the same qualities and needs as yours. 
Assessment: In the first stage, you need to identify your core business processes in need of improvement. For instance, what is the existing or current state of:
Fuel Expenses Back Office Efficiency Legal / Safety Burden Asset Utilization Driver Productivity Regulatory Compliance
Design: Determine a best-case scenario for each of your defined areas of improvement. What would best-in-class look like in each of these areas? Refer to the profit checklist to help make sure that you have thought of all possibilities. Identify which product and service solutions - both internal systems and PeopleNet systems - that will best help you solve your problems and fit your needs. Implementation: Now that you know where you are going and how you want to get there, the time has come to outline the key responsibilities and assign functional roles to the appropriate individuals. This is the "who-does-what-by-when" tactical stage. Measure: Once you determine what it is you want to accomplish, you should measure each area of improvement against the original goals of the project at key intervals. The idea of this ROI cycle is that you will look to continuously improve your operations. |