SNGT Group Leveraging Intelligent Fleet Management to Reduce Costs

How did integration of IFMS transform operations at SNGT Group?

Prior to implementing the Intelligent Fleet Management System (IFMS) in 2018, SNGT faced challenges such as inefficient routing, high fuel costs, frequent vehicle breakdowns, and limited fleet visibility, resulting in delays, increased costs, and customer dissatisfaction.

With the integration of IFMS, our operational efficiency saw a 20% boost through optimized routes and reduced idle time, while real-time tracking enhanced coordination and issue resolution. Fuel consumption reduced by 15%, and vehicle downtime was cut by 30%, thanks to predictive maintenance. Customer satisfaction scores increased by 25% due to real-time tracking and reliable delivery estimates, and safety improved with an 18% reduction in accidents through monitored driver behavior and targeted training.

The data-driven insights provided by the IFMS have enabled SNGT to identify trends, optimize operations, and make informed decisions. This successful implementation of advanced technology has not only addressed key challenges but has also reinforced SNGT's competitive edge, establishing it as a leading player in the logistics sector while delivering exceptional value to its clients.

What costs were incurred by integrating IFMS at SNGT Group?

Since its inception in 1991, SNGT - Shree Nasik Goods Transport Co Pvt Ltd. has been a leader in surface logistics, serving Maharashtra and Gujarat with a fleet of 256 owned and 150 contracted vehicles. The IFMS has revolutionized our fleet management by providing real-time visibility through equipping our entire fleet with state-of-the-art GPS tracking devices.

The cost of implementing our Intelligent Fleet Management System involves two key components:

GPS and Telematics Devices: Rs 500 per month per vehicle.

ERP Software: ₹2000 per month per vehicle, which encompasses a range of features including Data Analytics, Real-Time Communication, Predictive Maintenance, Route Optimization, Driver Behaviour Monitoring, and Fleet Management.

For a fleet of 280 vehicles, this translates to:

• GPS and Telematics Devices: ₹500 x 280 = ₹1,40,000 per month.
• ERP Software: ₹2000 x 280 = ₹5,60,000 per month.

The total monthly cost is ₹7,00,000, resulting in an annual expenditure of ₹84,00,000.

This investment has proved highly beneficial, significantly enhancing our operational efficiency, reducing costs, and boosting customer satisfaction. By integrating this advanced technology, SNGT delivers superior logistics solutions and maintains a competitive edge in the market.

What were the challenges in integrating IFMS into existing operations at SNGT Group?

Integrating the Intelligent Fleet Management System (IFMS) into our logistics operations at SNGT involved several challenges:

The financial investment posed a key challenge as we worked to balance this expenditure with our operational budget.

Ensuring compatibility between the new IFMS and our existing infrastructure demanded careful planning and technical expertise to prevent disruptions.

The vast amount of data generated by the IFMS initially overwhelmed our capacity for management, processing, and analysis, necessitating investment in advanced analytics tools and extensive team training.

Introducing new technology also meant adapting our staff to new processes, which required comprehensive and time-consuming training to ensure effective use of the system. Resistance from employees accustomed to traditional methods required clear communication about the benefits of IFMS, demonstrating how it would enhance their work and overall efficiency.

Technical issues during the early stages, such as software glitches and connectivity problems, needed swift resolution to maintain operational continuity.

Prioritizing data security and privacy led to the implementation of robust cybersecurity measures to protect sensitive information.

Regular maintenance and updates to keep the system current with technological advancements also presented an ongoing challenge.

Despite these hurdles, the integration of the IFMS has been highly beneficial, significantly enhancing our operational efficiency, improving safety, and elevating our customer service.

What diverse clientele does SNGT Group serve?

Our customer base includes 26,000 individuals and businesses across Maharashtra and Gujarat, among which are 6,000 corporate clients. We efficiently manage the delivery of approximately 25,000 parcels and nearly 2,500 consignments daily. Our commitment is to serve all clients, from small vendors to large corporations, with equal dedication. We count RBI as one of our prestigious clients, for whom we handle the transport of money and stamp papers.