Managers are always looking for ways to reduce costs while keeping their facilities clean and safe, but that can be expensive.
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Your forklifts have costs associated with operation and it's important that you know how much each one costs you per hour of operation.
Fleet management refers to the collection, analysis and use of critical equipment data to improve productivity and reduce costs. Fleet management programs, such as Morrison's free Maintenance Logistics:MX online program, keep a fleet running efficiently, on time, and within budget.
When outfitting your operation with expensive machinery such as forklifts, there are times and circumstances when renting instead of purchasing just makes good business sense.
There is no upside to downtime. Downtime can have varied negative impacts depending on the industry, especially in areas heavily reliant on material handling equipment like forklifts. See if these line up in your experience:
Running a smooth warehouse operation relies on having reliable, high-performing material handling equipment. But keeping your fleet of forklifts running at peak efficiency can be challenging.
When is a short-term rental a good business decision?
Do you have good visibility into your forklift fleet's status? Have you asked yourself whether a forklift is worth the money you're spending to run it? Have you evaluated your forklifts productivity and decided you might have too many or not exactly the right machine for the job or space they are operating in? Read this article for clarification and call us for some free tools to help in your data analyzing and decision-making process.