Increasing the economic efficiency of transport enterprises through telematics systems

Research background: Cost optimization in transport is a key aspect of the competitiveness of transport companies, and modern telematics systems represent an innovative tool to improve economic performance. These systems allow detailed monitoring of vehicle parameters such as fuel consumption, driver driving style, and route efficiency, providing valuable data to reduce variable costs and improve overall operational efficiency. Purpose of the article: The purpose of this article is to explore the importance of telematics systems in cost optimization for transport companies and to highlight their potential to improve efficiency and sustainability. The article provides an overview of the benefits of implementing these systems, their cost recovery, and the economic and environmental benefits of transport. The information is intended for practitioners, transport company managers, and policymakers concerned with improving efficiency of transport. Methods: Data from real transport companies that have implemented telematics systems were used for the analysis. The methodology includes cost structure calculations with an emphasis on variable costs as well as a comparison of operational parameters before and after the implementation of telematics. Analytical and calculation approaches were used to determine savings and return on investment. Findings & Value added: The implementation of telematics systems has enabled the transport company to have accurate and easy vehicle tracking capabilities, thus contributing to the possibility of adjusting the driving style of the driver and thus reducing consumption. This paper highlights the importance of these systems in achieving long-term economic and environmental efficiency in transport.