LocoNav, a fleet software program firm immediately introduced that it helped Medallion Translinks, an Indian logistics firm save greater than INR 7.25 crores in a 12 months by deploying its fleet administration and video security options for its fleet of 170 automobiles.
Medallion Translinks gives transportation companies to world Consumer Packaged Goods (CPG) and automotive corporations. It went on to undertake LocoNav’s options to deal with challenges together with pilferage of cargo and gas, misuse of automobiles, and delay in supply.
Pranjal Tulsiyan, Founder, Medallion Translinks, stated, “Using LocoNav’s solutions, we have not only been able to reduce our costs significantly but also improve our fleet, driver, and cargo safety by using solutions such as e-locks and video dashcams. The solutions have enabled us to maintain a check on our drivers and prevent misuse of vehicles.”
Co-Founders – Shridhar Gupta and Vidit Jain, stated, “Digitalization in fleet management is proven to drive positive impact on the bottom line and the overall ecosystem. The time is now for businesses to understand and implement fleet tech for a lasting impact in the future as well.”
LocoNav’s options have helped Medallion Translinks to scale back its common operating value per km for every automobile leading to financial savings of INR 4 lacs per truck yearly. Solutions together with efficient monitoring, geofencing, and journey administration resulted in doubling the expansion in journeys traveled per 30 days.
Through using AI-powered video telematics leveraging dual-channel dashcams, the corporate has decreased its annual penalty value by INR 45 lakhs (INR 53,000/automobile). This enterprise development gave Medallion Translinks confidence to spend money on fast enterprise growth and it has grown its fleet measurement by a further 130 automobiles, taking its whole fleet power to 300 automobiles inside a 12 months of adopting LocoNav’s fleet tech.
Source: www.financialexpress.com”