The present estimation suggests that businesses are wasting upwards of $1 billion in unnecessary costs tied up with unused or misused material handling equipment. Two of the main factors contributing to these expenses include operating costs and maintenance expenses.
Surprisingly, a recent study suggested that approximately just 6 percent of end-users truly know what their realistic expenses are and even fewer have a fleet management program in place that could lessen this cost. It is vital to look at current configuration your material handling fleet contributes to increased production and utilization. The numbers can surprise you.
Cost-effective solutions and material handling innovations have been provided by the Hyster Company for almost eighty years. Additionally, the Hyster Fleet has helped several of the top Fortune 100 companies in providing bottom-line fleet management solutions. Together, Hyster has identified over $170 million in potential operating cost reductions.
Hyster capitalizes on a strong dealer network, many years of industry experience and utilizes the latest technology. The Hyster Fleet is able to compress overall expenses while delivering unmatched results. Even though other competitors could provide basic Fleet services, Hyster provides results with Hyster FleetSmart.
The Hyster Automated Solution
Frequent hour meter reading is a key component to efficient fleet management monitoring. This keeps track of periodic maintenance scheduling and provides effective monitoring of fleet asset utilization.
To acquire frequent hour meter readings can however be a difficult and daunting task. You can use up a great deal of your precious time in finding the asset, recording the hour meter reading manually and after that logging it into your data base. Depending on your fleet size, further time could be used by updating the hourly results in your maintenance records and then creating the reports you need.
Hyster has offered a great solution to this problem, which involves utilizing a device that is capable of transmitting daily run time hours onto a web portal. This system provides on-demand reporting and analysis. Wouldn't it be magical not to have to waste another minute obtaining hour meter readings. So as to learn more, call your local authorized Hyster dealer.
Hyster has become such a famous company in the material handling industry, helping to apply innovative technology and keep their equipment as effective, comfortable and safe as possible. These machinery are made to withstand a variety of environments and are a great addition to any fleet.