The current estimation suggests that companies are wasting upwards of $1 billion in unnecessary costs tied up with misused or unused material handling equipment. Two of the main factors contributing to these expenses include maintenance expenses and operating costs.
One recent study has surprisingly suggested that only 6% of users will completely understand the operating expenses of their equipment and far fewer will have implemented a fleet management program to help with this cost. It is essential to look at current configuration your material handling fleet contributes to increased production and utilization. The numbers may truly surprise you.
The Hyster Company has for almost eighty years provided cost-effective solutions and material handling innovations. In addition, the Hyster Fleet has helped several of the top Fortune 100 companies in offering bottom-line fleet management solutions. Collectively, Hyster has identified more than $170 million in potential operating cost reductions.
Hyster capitalizes on a strong dealer network, numerous years of industry experience and utilizes the latest technology. The Hyster Fleet could compress overall expenses while delivering unmatched results. Even if other competitors could offer basic Fleet services, Hyster provides results with Hyster FleetSmart.
The Hyster Automated Solution
A key part of effective fleet management monitoring is frequent hour meter reading. This provides effective monitoring of fleet asset utilization and keeps track of periodic maintenance scheduling.
To obtain frequent hour meter readings could however be a laborious and overwhelming job. You can use up a great deal of your precious time in locating the asset, recording the hour meter reading manually and after that logging it into your data base. Depending on your fleet size, further time can be used by updating the hourly results in your maintenance records and after that creating the reports you need.
Hyster has provided a good solution to this problem, which involves the use of a device which is capable of transmitting daily run time hours onto a web portal. This specific system provides on-demand reporting and analysis. Wouldn't it be great not to have to waste another minute obtaining hour meter readings. So as to learn more, contact your local authorized Hyster dealer.
Implementing innovative technology and keeping the equipment as effective and comfortable and safe as possible are some of the reasons that Hyster has become such a famous company in the material handling industry. These machines are built to withstand a range of environments and are a great addition to any fleet.