Technology-enabled cost-cutting and auditing tactics
Abdul Wahab Shah
Internal Auditor | Business Continuity Consultant | Enterprise Risk Maganement Professional |
Fleets play a significant role in the operations of modern, large-scale businesses. It is one of the most important cost factors in operations that needs to be effectively measured and controlled in order to reduce operational costs, which ultimately have a positive impact on profitability.
Now the question is: what is OBD?
"OBD stands for On-Board Diagnostics, which is a computer system inside a car that monitors and controls a car's performance." This onboard computer system collects information from the inside of the vehicle's network of sensors, which it can then use to control various vehicle systems or alert the driver to potential problems.
How could it be installed?
A technician can then simply plug into the OBD system to collect vehicle data and diagnose the problem. The user's ability to comprehend vehicle diagnostics has been greatly aided by OBD systems.
What are the applications of OBD?
As a cost controller, our main focus is on cost reduction, which can be accomplished through quicker, more accurate diagnoses, expanded monitoring capabilities, and improved vehicle compliance.