Everything you need to know about mobile resource management

Technology has and continues to shake up the way the world does business. Your competitors have evolved. The entire fleet management industry has evolved. Are you at risk of falling behind? Have you considered going digital yet?

Transportation and logistics companies started using mobile resource management (MRM) solutions in early 2010. They never looked back.

The MRM market continues to grow year over year. It’s forecasted to grow at a compound annual growth rate of 15.9% from 2017-2023 (Source: Infoholic Research). 

Before 2025, it’s estimated Europe will see over €230 Million worth of projected demand for MRM solutions. (Global News Wire)

Why the increasing popularity? Because in the past decade, MRM solutions have transformed from simple moving dots on a map into powerful, intelligent software platforms. Not only that, MRM solutions have become more affordable, too.

The latest MRM technology is widely adopted across many industries, from utility and public works to construction. Every year, more and more companies see the value, benefit and significant ROI of these systems. This article will dive into what MRM actually is, and what it can do for SMEs.

What is mobile resource management (MRM)?

Mobile resource management (or MRM) solutions, a.k.a. telematics, involves installing GPS-enabled hardware to monitor mobile assets, heavy machinery and other equipment. This hardware transmits data (over cellular networks) to connected software.

What kind of data? In short, very sophisticated, detailed data about the asset and its operator(s). From fuel usage and trip logs to aggressive driving behavior, everything is automatically logged, stored and transmitted. (Learn more about what data it collects on our features page.)

Fleets install telematics on all sorts of assets - not just vehicles! MRM can also help fleet managers keep track of expensive heavy machinery and even mid sized equipment like generators, flatbed trailers and light towers... Workers can also install an app on their mobile phones. This helps them respond to work orders and record their billable hours and activity on the go.

Here is an example of a typical use case

A construction company had 6 crews using 45 different paper forms across 5 job sites. Collecting and organizing this HUGE amount of information was overwhelming. Employees were making mistakes and slowing down the project. It was difficult to maintain safety standards for all the heavy duty equipment. 

With MRM, the construction manager was able to eliminate the use of paper documents. A complicated process that used to take 3 hours, now took only 45 minutes! Not only that, it was now easier to track and manage on-site assets and assign them to the right workers.

Check out some real case studies and results from our customers!

How to install telematics

With Logifleet, setting up MRM for your fleet is as simple as “plug-and-play”. These units can be battery-operated or hardwired to the vehicle’s power source.

To get started, pick a subscription plan that suits your company’s needs. Choose which assets you need to track. Then, we can coordinate a date and time to install the GPS units on your chosen assets. You can also install the tracker on your own (we provide remote or on-site support and training). Once the unit is installed, it automatically and immediately begins monitoring the asset and sending data to the Logifleet app!

Overview of Logifleet Products

Interested in trying Logifleet? Contact us today for a free demo.

It’s an easy and simple process. And it only needs to get done once.

According to a 2018 Government Fleet Research survey, 75% of fleets used telematics on at least some of their vehicles!

Our clients get on-site support for installation, training, or configuring technical issues. We offer best-in-class customer service and a satisfaction guarantee for all our products.

With Logifleet, managers can review all asset data and reports on one convenient platform. Companies can control and access their own data at any time without relying on third-party hardware.

Your data is always safe and protected, with 99.5% uptime. Rest assured, this data is never shared with vehicle and equipment manufacturers! We respect your privacy and personal information at all times.

Features and Benefits of Mobile Resource Management

Teams shouldn’t work in silos. Information shouldn’t exist in silos. That’s the status quo MRM seeks to disrupt. 

In the past, telematics, route planning, billing, payroll and other data were managed manually and separately. Managers used outdated spreadsheets, paper forms and physical organizers to keep track of everything! (Sound familiar?) This slowed down productivity and increased errors and miscommunications. 

Nowadays, many companies are going digital. Digital means a seamless flow of data. It’s easier to organize and keep track of everything. Managers can evaluate team performance based on high-level overviews as well as detailed records.

Fleet managers can react faster to make critical business decisions. Taking better decisions makes a huge impact on a company’s bottom line. 

Project management will become smoother and faster. Instead of using 5 different business systems to perform 10 different tasks, everything is all in one place, and at your fingertips.

Digital fleet management is revolutionizing the way fleet managers work. Here are just some of the benefits:

• Increase asset utilization and lower assets’ total cost of ownership
• Reduce asset loss, theft and damage
• Increase workforce productivity and ROI
• Simplify work processes (use 1 system instead of 5)
• Reduce human error and operating costs (fuel, wages, insurance etc.)
• Stay compliant and stay on top of maintenance
• Increases safety and risk management
• Increase response time, service rollout and customer satisfaction
• Faster billing, finance and payroll

This is just the tip of the iceberg! Best of all, MRM benefits the entire company - from the drivers on the road to HR and even the accounting department!

In Conclusion

Will you stick with the “tried-and-true” that’s no longer working for you? Or embrace the digital revolution that’s swept across the fleet management industry? 

Switching to modern mobile resource management software will not only increase productivity, it will save you time and money as well. Many companies see immediate ROI. MRM systems help SMEs stay competitive in an ever-changing business landscape. 

Learn more about Logifleet’s software features or book a call with us today to see a demo