From wikiMHEDA

Material Handling Headlines

Often overlooked and sometimes not well understood is the total cost of ownership associated with your material handling assets. Given the economic climate, there is not a better time to evaluate your present fleet maintenance program. Consider the advantages of enlisting the services of a quality Fleet Management partner to navigate the numerous and many times hidden opportunities to compress your material handling spend. In this White Paper we will explore common issues that may be present and the relevant Fleet Management solutions that can be tailored to address your needs. As you are confronted with some of the most difficult economic hurdles in decades, the need to shed cost for sustainability is a must if you are to emerge leaner, stronger and poised to take advantage of economic recovery.

There are numerous, common challenges that lift truck fleet owners face. Following are among the most common and costly areas: The failure to recognize the hidden costs associated with having multiple service providers can expose you to costly administrative burden as well as incremental maintenance-related expenses. Additionally, the lack of visibility of true material handling costs and actual asset utilization data may prevent you from exposing significant cost reduction opportunities. Further, the possession of an aging fleet with high hours typically indicates the absence of a dynamic replacement program. Based on an economic life cycle model, a material handling asset may be subjecting you to higher costs per hour and reduced productivity.

A quality fleet management solution is comprised of a number of key elements and includes a broad range of tool sets and capabilities. Following are the most critical elements, which can be employed to produce positive bottom line results with little upfront investment and a relatively short payback.

• A professional fleet assessment
• Consolidation of fleet services
• Fleet management reporting system
• A planned replacement program
• A fleet optimization model
• Telemetry-based solution drivers


Story by Hyster Company

RSS Feed  

Comment(s) Post a Comment   Be the first to comment on this News Item.  Comment on this News Item: Name: Company: Email: Comment: Security Code: Reload Image Enter the text shown in the box above. Comments that include profanity, personal attacks or antisocial behavior such as "spamming," "trolling," or any other inappropriate material will not be posted to the site and/or will be removed from the site. You are fully responsible for the content you post. Neither the Association nor the publisher of this website, Data Key Communications, Inc, are responsible for the contents thereof or the opinions of the contributors. Contact and company information entered must be true and accurate. By submitting a comment, you agree to these terms and conditions.

More Headlines Showing Page 1 of 200 1 2 3 4 5 Next›   Last›› 12/20/2011 Manufacturers To Double Internships ...more | Comments Industry leaders commit to double engineering internships. 12/20/2011 New Orders Grow In 2011 ...more | Comments Equipment orders grow 17.1 percent in first half. 12/20/2011 Coca-Cola Moves To Fuel Cells ...more | Comments Crown Equipment to provide trucks. 12/19/2011 Robotics Event Held In Indiana ...more | Comments Indiana Robotics Invitational inspires young people. 12/19/2011 BMW Seeks Methane-to-Hydrogen Conversion ...more | Comments Automaker launches $1 million project to convert landfill gas. 12/19/2011 CEMA Reports Growth ...more | Comments Booked Orders Index up 7 percent over 2010. 12/16/2011 Small Business Contracting Increases ...more | Comments Federal government shows increase in contracting dollars to small firms. 12/16/2011 U.S. Leads World In Hydrogen Forklifts ...more | Comments More than 1,500 forklifts deployed or ordered in 2010. 12/16/2011 Supply Chain Impacted By Social Media ...more | Comments Social media are having an effect on supply chains and procurement. 12/15/2011 NMHG Receives Top Plant Award ...more | Comments Berea, KY manufacturing facility receives 2011 Top Plant Award.