The present estimation suggests that companies are wasting upwards of $1 billion in unnecessary expenses tied up with unused or misused material handling equipment. Two of the main factors contributing to these expenses comprise operating costs and maintenance expenses.
Surprisingly, a recent study suggested that about just 6 percent of end-users really know what their realistic costs are and even fewer have a fleet management program in place that can reduce this cost. It is important to look at what your material handling fleet's current configuration contributes to increased use and productivity. The numbers may surprise you.
The Hyster Company has for almost eighty years provided cost-effective solutions and material handling innovations. Moreover, the Hyster Fleet has helped some of the top Fortune 100 companies in offering bottom-line fleet management solutions. Jointly, Hyster has identified over $170 million in potential operating cost reductions.
Hyster has been able to capitalize on a great dealer network, years of experience within the industry, and the use of the best technologies. The Hyster Fleet can compress overall expenses while delivering unmatched results. Even though other competitors could provide basic Fleet services, Hyster offers results with Hyster FleetSmart.
The Hyster Automated Solution
Frequent hour meter reading is a key part to effective fleet management monitoring. This offers efficient monitoring of fleet asset utilization and keeps track of periodic maintenance scheduling.
To obtain frequent hour meter readings can however be a laborious and daunting job. You can utilize a great deal of your precious time in finding the asset, manually recording the hour meter reading and next logging it into your data base. Depending on your fleet size, more time can be consumed by updating the hourly results in your maintenance records and after that creating the reports you need.
Hyster has offered a good solution to this problem, that includes using a device that is capable of transmitting daily run time hours onto a web portal. This particular system provides on-demand reporting and analysis. Wouldn't it be magical not to have to waste another minute obtaining hour meter readings. In order to learn more, call your local authorized Hyster dealer.
Hyster has become such a renowned company in the material handling industry, helping to implement innovative technology and keep their equipment as effective, safe and comfortable as possible. These machinery are built to withstand a range of environments and are a great addition to any fleet.