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Daily, businesses face countless transactions & decisions. Entrepreneurs must tackle issues to propel their work. 

And if possible. Every business wants to make decisions based on factual data. It's not a personal feeling. Because all decisions will affect the business of great value and all stakeholders, including the management team, partners, investors, as well as all employees. 

Cartrack article now Get to know "data-based or fact-based decision-making" For businesses that have transportation jobs or have vehicles in use, what are the benefits of making this kind of decision and how to do it correctly and efficiently in a sustainable way?

What is data-based decision-making?

Data-based decision-making is the use of data and analysis results to inform or create decisions.

What are the benefits of data-based decision-making?

  1. You will make decisions with more confidence.

    When you start collecting data and analyzing data, it's easier for you to start making decisions about it, from personal things like how many times a week you wake up in the middle of the night to work issues like how many times a week you sign up for a product trial from an image or video ad. Which is more?

    Recorded data is evidence of what actually happened in the past, and the results of the analysis are the standard values of what happened in the past, all giving you a clearer picture of how your upcoming decisions will affect the future.

    In addition, information is a matter of reason and solid facts without bias, as opposed to personal feelings or intuitions, which are made up of personal experiences that may not cover all realities, especially very large and broad matters such as business or market situations where there are many external factors that we know and do not know.
  2. You'll be able to keep moving forward rather than wait and make a decision.

    In the early days, the decision was made based on data. You may have to wait for the analysis before making a decision, or wait for everything to happen before thinking about doing something, and that's normal.

    But once you start using this method for a while, you will be able to use it for a while. You can start moving forward steadily and proactively. With information to support you along the way. You don't have to sit back and wait for the story to happen and then decide what to do next. The decision to do anything may be too late.)

    For example, if you're a business, you may find a business opportunity channel before your competitors, or the beginning of a mistake that can be easily terminated before it spreads.
  3. You are clearly saving money.

    A study by the Harvard Business Review journal surveyed 1,000 executives on their success.

    It found that one of the key reasons they invested in data collection for analysis was to reduce costs, and 49% of those who started for this reason. See the results of reducing the cost of real expenses or investing more efficiently.

    While the rest feel other results are mixed, the phenomenon that has already occurred is the ability to make decisions based on data, especially the latest updates or sets. It's becoming the norm.

What are data-based decision-making?

How is the decision based on the database of the business having transportation or using the car?

Decisions based on the business database are based on the use of cars, as well as the data must be analyzed and displayed as data to make decisions for further tasks, such as engine performance. Driving behavior, suspension of vehicles, etc.

Likewise, data collection requires a specific tracking system. To accurately collect a wealth of information that comes from many areas. Because decisions based on data may not be correct. If the data collection or analysis procedure is incorrect. The results of the data will also be inaccurate.

This is the origin of "vehicle data analysis systems" that are widely used in leading organizations today.

Vehicle Data Analysis System How does it work with data?

The vehicle data analysis system uses telematics technology to collect the required vehicle and machinery data. Telematics systems work with these devices to detect and record data more accurately and in more detail.

  • GPS tracking system technology: to detect and trace coordinates in real time.
  • Wireless Internet access: To transfer data from the device box into the system.
  • Tracking Sensors: To track vehicle-specific details, such as temperature sensors . Driver identification tags, car door opening and closing sensors, etc.

How can data-based decisions help manage vehicles?

1. Increase vehicle safety

Data-based decision-making uses real-time data to maintain and manage vehicles, such as:

  • Warning of risky driving behavior When the system finds risky behavior, it will notify the movement and various information of the incident into the system, alert the driver, and record it in the system immediately for the vehicle manager or business owner to be aware of immediately.
  • Maintain the vehicle to suit the actual situation as much as possible. With instant and round-the-clock tracking and recording of data. Therefore, wear and tear is found from the beginning and prevents the spread to dangerous driving in a timely manner.

2. Save driving costs

Whether it's fuel costs or related expenses. A vehicle tracking system that allows decision-making data to collect vehicle usage and fuel consumption data. It helps to know how effectively it is spent. Where is it ineffective and why? How to fix it? 

Including knowing the status of the vehicle at any time, whether it is 100% ready or not. Where is it not ready and why?

3. More satisfied customers

The vehicle tracking system with data analysis will be able to tell the status and coordinates of the situation of the vehicle. That can be used to verify status with business customers.

In addition, the ability to track vehicles in real time allows for immediate improvement of driving routes or later rework of routes for faster transportation. Increase customer satisfaction in another way.

A system that helps businesses make decisions based on a database of vehicles and drivers.

Because businesses have decisions to make every day. Cartrack is a system that tracks and manages vehicles and drivers, tracking, detecting, recording, and processing data that helps manage vehicles and drivers efficiently every day. 24 hours a day. Like a tracking assistant who works at any time.

1. Track vehicles with GPS systems and various types of specialized sensors.

2. Track driver behavior with GPS, dedicated sensors, and AI cameras.

3. Track maintenance alerts with GPS systems and vehicle and engine maintenance systems.

4. Improve driving directions with GPS system and delivery of automatic route management software.

5. Manage vehicle and transportation costs with GPS system and MiFleet, a software to manage the cost of using all vehicles.

Make data-driven decisions, better manage, reduce costs with Cartrack

To find a system that solves the problem on the spot, call 02-136-2920, 02-136-2921 during Monday to Friday business hours, or click the contact line here to inform you of your need for staff to get back to you as soon as possible.

Daily, businesses face countless transactions & decisions. Entrepreneurs must tackle issues to propel their work.