8 Solutions to Improve Equipment Costs
Cost management in material handling equipment (MHE) can be optimized with several strategies aimed at balancing expenses with operational needs. Here are some effective solutions:
When it comes to lift truck fleet management, knowledge is power, especially when it comes to reducing your forklift maintenance costs. Factors such as forklift fleet age and your lift truck maintenance schedule all play a part. Here are three tips to reduce the cost and time spent on forklift maintenance – and ways you can help streamline the process.
Standardize your lift truck fleet
Consider standardizing your lift truck fleet to improve productivity and reduce costs. Using multiple-brands of lift trucks in your operation can be taxing. Operators (your biggest fleet operating cost) can lose time when switching between different forklift makes – while there are commonalities, different operator controls and other factors can result in new training for the operators which takes time.
If you are stocking lift truck parts inventory at your facility, having a mixed brand of forklift fleet can also be more expensive to maintain inventory across several brands. This can be true even if all you keep on hand are filters and a few other replacement parts. A mixed fleet can also make tracking true owning and operating costs difficult. With several models running in the facility, it’s tough to make valid cost comparisons.
The reliability of your forklift fleet is also important. Choosing a reliable forklift brand and focusing on the lift truck’s capability and dependability over initial acquisition cost, can also translate into a lower overall cost of ownership. In times where a mixed fleet is necessary, selecting forklifts from a single manufacturer, such as CAT Lift Trucks and Jungheinrich Warehouse Products can help you further simplify the process through interaction with one manufacturer and Tri-Lift NJ, your local CAT and Jungheinrich Forklift Dealer.
Consider Fleet Management Services
Having a strong fleet management program is vital – especially with larger forklift fleets or equipment being managed across multiple locations.
When considering Fleet Management Services for your business, keep these factors in mind:
Our Fleet Management Services can help you audit and develop the right Fleet Management solution for your business and your goals – whether saving time, reducing owning/operating costs or reducing time spent on managing your fleet.
Revisit your maintenance programs
Do you have a maintenance program in place, or have you reviewed it recently? While it can be easy to forget, this is an important area to keep tabs on.
Consider these factors:
These are just 3 easy ways to reduce forklift maintenance costs. If you’re interested in seeing what can be done to reduce forklift maintenance costs at your individual facility, contact us today!
Cost management in material handling equipment (MHE) can be optimized with several strategies aimed at balancing expenses with operational needs. Here are some effective solutions:
Reliability is probably the one thing fleet managers want most. Warehouses need a forklift fleet you can rely on, and the best fleet managers know
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