Australian road freight transport industry is a highly competitive field and in the post-pandemic era, it is poised to grow significantly in the next five years. However, the spread of the pandemic has made things a lot more challenging as well as exciting from a business perspective. There is a lot of growth being forecast in imports and exports sectors as well as a boom in manufacturing as well as agricultural production markets. This need for large scale people and goods movement is one of the core reasons why a large number of fleet operators in Australia rely on fleet management software to run their operations.
However, this strong demand and projected growth can’t be achieved solely by the usage of conventional technology. There are over a million that use fleet management software installed across Australia, and if you have to outperform the competition, you need more than just any other software. The ideal solution for you would be a globally compatible and cloud-based fleet management software. There are a large number of such product options available in Australia. Therefore, what you need to focus upon is the ability of the software to not just comply with the needs of the Australian transportation sector, but also to seamlessly support operations in other countries across Asia and APAC. About 75% of Australia’s goods exports are to Asian nations. China, Japan, the Republic of Korea, India, Hong Kong, Singapore and Taiwan are among the top 10 export markets for Australian manufacturers.
Therefore, while choosing the fleet management software for your business, you need to select a solution that can seamlessly work in the business environs of these countries as well as other major global economies. Another major reason why you should no longer rely on traditional fleet management practices is the dynamism and need for speed brought in by the pandemic. Today, the global retail has gone online and the delivery timeframes have become increasingly shorter. Therefore, as a major fleet operator, you need to have in place the system capable of operating at peak efficiency and agility round the clock. With Asia expected to account for up to 80% of the global middle class by 2050, the demand for Australian products will grow exponentially and that would directly necessitate modernization of the supply chains and transportation business.
The modern fleet management software as well as the transportation management software are the ideal answer to the challenge. Such software comes integrated with technologies such as AI, Blockchain, data analytics and machine learning etc. By using the cloud-based fleet management software, you can manage all aspects of your fleet operations across different locations, and countries through a single dashboard. Whether it is the induction of new vehicles, management of the current fleet, movement tracking or even the retirement of the older vehicles can be planned and managed through such software. You would also be able to optimize the resources by allocating them smartly. Smart route selection, navigation support and optimised trip-vehicle matching can help your fleet deliver better performance at all times.
Above are some of the key features of a world class fleet management software and you can further augment its capabilities by seamlessly integrating it with other systems such as a transportation management software etc.