It is now estimated that businesses waste more than $1 billion in unnecessary costs associated with machinery utilized in the material handling industry. Two of the main factors contributing to these expenses include operating costs and maintenance expenses.
Surprisingly, a recent study suggested that roughly just 6 percent of end-users truly know what their realistic expenses are and even fewer have a fleet management program in place which could reduce this expense. It is vital to look at what your material handling fleet's current configuration contributes to increased utilization and productivity. The numbers can surprise you.
The Hyster Company has for nearly eighty years provided material handling innovations and cost-effective solutions. Furthermore, the Hyster Fleet has helped several of the top Fortune 100 companies in providing bottom-line fleet management solutions. Collectively, Hyster has identified over $170 million in potential operating expense 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 if other competitors could offer basic Fleet services, Hyster provides results with Hyster FleetSmart.
The Hyster Automated Solution
Frequent hour meter reading is a key part to effective fleet management monitoring. This keeps track of periodic maintenance scheduling and provides effective monitoring of fleet asset utilization.
To acquire regular hour meter readings can however be a difficult and daunting job. You can utilize a great deal of your precious time in finding the asset, manually recording the hour meter reading 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 require.
Hyster has provided a good solution to this problem, which involves the use of a mechanism 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 truly great not to have to waste another minute acquiring 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 business, helping to implement innovative technology and keep their machines as efficient, safe and comfortable as possible. These machines are a great addition to any fleet and are built to withstand a range of environments.