With 24 satellites patrolling the skies for the purpose of being able to determine the coordinates of any object with GPS receiver at any given point of time, we can safely assume that this method of satellite tracking, devised by the Department of Defense has been one of its best-kept secrets for a long time now until it was released for public use not so long ago.

Thanks to several applications that have come up with the US government now allowing businesses and individuals to use this technology, you can not only find cell phone GPS tracking being used on smart phones but also in the form of receivers on vehicles for a slew of reasons.

Take for example, the industry of logistics where one of these devices (and the required tracking software) can give you the position of an object at any given point of time, so there are several reasons as to why this technology is so valuable.

Reason #1: Retrieval of lost/ stolen objects

If in the circumstance where any object that is being transported is stolen or lost, a GPS tracking device can locate the object easily by searching for its coordinates. After that, it’s only a matter of time before law enforcement personnel arrive on the scene to physically retrieve the object.

Reason #2: Efficiency

Since this technology can be used for any object, vehicles with these receivers also provide supervisors with data concerning routing and time required to arrive at a particular destination. This will also prevent employees from either misusing company property on their days off from work but also bill the company the accurate amount of time they have spent on the road.

Reason #3: Costs

Obviously with greater efficiency brings the added advantage of being able to reduce overheads as mentioned earlier. Also, insurance companies charge smaller premiums for insurance that is taken for objects in the case of being stolen or lost, thanks to the presence of such a device.