Surveys show that 50% of fleet managers believe that they lose up to 5% of their overall fuel spend to fraudulent activities. If a business has a fleet of 100 trucks, it is likely to lose up to a quarter of a million dollars every year in fuel fraud and theft. This is where a dedicated gps diesel monitoring system can help. Whether you are in the transportation and logistics industry or you have a fleet of vehicles supporting your business operations, you can benefit in a big way from integrating such a fuel monitoring system.
The most important reasons for investing in a GPS-based diesel monitoring system are as follows:
- Fuel theft detection in real-time
- Access to fuel consumption data in real-time
- Driving behavior monitoring
Eliminate Instances of Fuel Theft
With the widespread prevalence of fuel theft, it can be difficult to determine if all your diesel transactions are legitimate across the fleet. Instead of choosing just any fuel monitoring system, it is important to invest in a GPS-based system. Without access to tracking data, monitoring fuel purchase and consumption history will involve a lot of guesswork.
Any fraudulent expenses or fuel theft can become both challenging and time-consuming to identify or verify in the absence of a tracking system.
A telematics solution involving a wireless capacitive fuel level sensor such as TD-BLE can provide precise data on fueling location and consumption. Diesel reports can display whether or not the fuel transaction was legitimate or not.
The deep data insights from a GPS-based fuel monitoring system go beyond verifying fueling and fuel consumption. It can also assist you in identifying inefficiencies across your fleet. Additionally, it can also help indicate any instances of fleet skimming.
Such a system can alert you whenever a vehicle’s diesel levels decrease significantly within a short period of time. This can help identify siphoning and other types of fuel theft.
How Does a GPS Diesel Monitoring System Work?
An effective GPS-based fuel monitoring system includes a fuel level sensor, telematics server, tracking device, and fuel flow meter. The readings from the fuel sensors are automatically transmitted to the cloud server using the latest Bluetooth Low Energy (BLE) tech. This allows fleet managers to access fuel data remotely on any device, including their smartphone.
The TD-BLE fuel level sensor captures all types of activities in the diesel tank, including:
- Rate of fuel consumption
- Amount of fuel filled
- Instances of fuel theft
The real-time alerts and reports provided by such a system can not only help detect and discourage diesel theft but also improve fuel efficiency.
The Role of Fuel Level Sensors
While fuel efficiency is important, fuel theft is a big reason for fleet owners and managers to integrate fuel level sensors into their fuel management system. It is often the ‘trigger reason’ for installing fuel level sensors.
Advanced fuel level sensors, such as the Escort TD-BLE, can provide instant notification whenever fuel theft occurs. You can also access reports on fuel theft location, time, and other vehicle details.
Once an act of theft or fraudulent activity is captured, drivers are less likely to repeat it. An advanced fuel monitoring system can also provide information on the amount of diesel siphoned.
Thus, a GPS-based diesel monitoring system can help you prevent fuel theft and other fuel fraudulent activities. Just a difference of 1% fuel efficiency can make a big difference to your business’ annual bottom line. Such a system can help you recover several times the money you invest in it.