Asset monitoring using geofencing is a cost effective way for businesses to track inventory and high valued content.

Asset monitoring and protection is an important part of fleet management.

An essential part of monitoring and protecting your company’s equipment, fleet, or high valued content is being able to know where they are and what they are doing at all times.

This is what makes geofencing so valuable.

GeoFencing or geo-fencing is the process of using GPS tracking software to create a virtual boundary around a specific geographical location to be tracked using GPS tracking hardware.

Aside from just being a way to track activity within a specific geographical location, geofencing is a powerful tool used in establishing driver accountability, improving daily operations, and increasing overall company productivity.

Creating GeoFences to efficiently begin monitoring activity into and out of a specific location is very simple.

Step One: To begin creating your geofence, select the polygon radio button. Then give your geofence a name.

Step Two: Draw a polygon around the geographic location you want your geofence to encompass.

Step Three: After completing the polygon shape, type in a contact name and email for the geofence alert to be sent to. Click ‘Set Geofence’ go create.

NOTE: When creating a geofence, you want to make sure to create an entry/exit point to be used to trigger incoming and outgoing GeoFence alerts. If the location you are creating a geofence for contains a wash area, make sure to create an entry/exit point for it to trigger it’s own event when trucks/vehicles are done unloading and need washing before being reloaded. Geofence alerts can help businesses to further manage a positive customer experience with real-time data about a drivers current location and whether they are loading, unloading, or even in a washing event.

Once a geofence is established, anytime traffic enters or leaves that specified area, alerts will be sent to fleet management determining either an entry into or an exit out of the location.

Geofence alerts and reports allow dispatch to not only know where their fleets are, but also gives them the ability to know if their fleet, whether it is a vehicle, loaded trailer, or a piece of equipment, is moving or not.

This is especially important in cases where construction equipment left on a site sets off a GeoFence alert after-hours.

This may indicate a possible theft or off-hours use of company equipment by an employee or someone else.

Either way, asset monitoring using geofencing means being able to catch both instances of activity and could mean savings to the company bottom-line.