UPS drivers are ditching commercial navigation apps for an in-house tool. The chief engineering and information officer revealed why it's already saving the company millions.

UPS has a new navigation system for its 60,000 drivers. UPSNav makes delivery drivers' lives easier, but it also has the potential to cut up to $15 million a year in spending, Juan Perez, UPS Chief Information and Engineering Officer, told Business Insider. The new system follows UPS's massive tech build-up in recent years, which also includes a push into drone delivery and automated package facilities. Visit Business Insider's homepage for more stories.

UPS has a new navigation system for its 60,000 drivers. UPSNav makes delivery drivers' lives easier, but it also has the potential to cut up to $15 million a year in spending, Juan Perez, UPS Chief Information and Engineering Officer, told Business Insider. The new system follows UPS's massive tech build-up in recent years, which also includes a push into drone delivery and automated package facilities. Visit Business Insider's homepage for more stories.

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