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What is Return on Investment Calculator

Handbook of Research on Information Management for Effective Logistics and Supply Chains
It can compute savings per track, driver from FMS implementation.
Published in Chapter:
Analysis of the Possibility to Implement the Transics System and GBOX Assist Systems in a Selected Company
Remigiusz Kozlowski (University of Lodz, Poland), Petre Iltchev (Medical University of Lodz, Poland), Anna Palczewska (University of Lodz, Poland), Klaudia Pilichowska (University of Lodz, Poland), and Michał Marczak (Medical University of Lodz, Poland)
DOI: 10.4018/978-1-5225-0973-8.ch017
Abstract
The aim of this chapter is to present the implementation of a fleet management systems (FMS) in selected transport companies. Transport management systems (TMS) / FMS evolve as a result of developing novel functionalities. The greatest challenge is TMS integration within the existing IT infrastructure of the company. Calculating return on investment (ROI) based on data analysis is important to select the optimum FMS. During the implementation of an FMS, of importance is to adapt the system to the business processes and train the employees in software usage. The architecture of an FMS affects the process of its implementation. Its implementation has many benefits and greatly improves company performance, including profitability.
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