The “new” economy is putting significant pressure on all businesses and management has to do more with less. Job reductions make the headlines, but thinner budgets, productivity pressure and an increased demand for action create just as much havoc as downsizing middle managers and supervisors.
In today’s economic environment, it is more critical than ever to shine a spotlight on your highest cost centers and evaluate readily achievable savings opportunities without sacrificing quality or productivity. Every day your business is paying significant amounts of money to own and operate your forklift fleet. The cost for each truck can be over $250,000 per year – inclusive of operator salaries, benefits, overtime, truck leases, maintenance, damage, and battery/fuel expense. For a 50 vehicle fleet, that multiplies to over $12.5 million per year!
Traditional fleet management solutions, like outsourcing maintenance and parts ordering, help make costs predictable, which is beneficial, but does not necessarily provide a meaningful way of reducing costs in real time. Achieving productivity and cost benefits through the deployment of technology is a well-established concept, but can it be applied to forklift fleet and operations management? Can behaviors and costs that have long been considered just “part of doing business” be changed? The answer is YES!