I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology, announced today that Toyota Motor North America Service Parts and Accessories Operations (Toyota) group has agreed to purchase its PowerFleet® industrial vehicle management solution for 11 parts distribution centers throughout the U.S. Initial DC deployment plans have been finalized with remaining DC’s to roll out in 2018. The agreement continues the established relationship between Toyota and I.D Systems, building on prior generation solutions used to manage and control forklifts in Toyota’s manufacturing operations.
I.D. Systems’ patented PowerFleet® Vehicle Management Systems (VMS) helps improve supply chain safety and productivity by restricting vehicle access to only trained and authorized operators, providing electronic vehicle inspection checklists, and sensing and reporting vehicle impacts. In addition, PowerFleet® reduces fleet maintenance costs by automatically uploading vehicle operational data, reporting equipment problems, scheduling maintenance based on actual vehicle usage rather than by calendar or manual data entry, and helping determine the optimal economic time to replace equipment.
“I.D. Systems is proud that Toyota’s Service Parts and Accessories Operations group has chosen PowerFleet once again to help ensure safe and efficient operations in their warehousing operations,” said Chris Wolfe, CEO of I.D. Systems. “We’ve been supporting Toyota for many years now, and we continue to deliver innovative and reliable solutions for other similar top manufacturing operations so they can remain safe, deliver operational excellence and drive productivity improvements.”
Michael Mark, Manager of Environmental, Health, & Safety at Toyota added, “After reviewing industrial vehicle management solutions based on our selection criteria, we selected I.D. Systems’ PowerFleet as we found it to be a robust, comprehensive product that fit our business unit and specific needs.”
About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, trailers, containers, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. For more information, please visit www.powerfleet.com.
Toyota (NYSE:TM), creator of the Prius hybrid and the Mirai fuel cell vehicle, is committed to building vehicles for the way people live through our Toyota and Lexus brands. Over the past 60 years, we’ve built more than 30 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 44,000 people (more than 34,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold nearly 2.6 million cars and trucks (2.45 million in the U.S.) in 2016 – and about 85 percent of all Toyota vehicles sold over the past 15 years are still on the road today.
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