The study shows that of the five year cost of typical lift truck ownership, average equipment cost is in the range of 80% which devolves on the operator labor cost.

Fleet Optimization

It is time to apply measurement in place to manage and control the 80% of largest component cost by assigning vehicle utilization awareness, optimum uptime, accountability to individual operators and focus on setting performance targets to give everyone in your operation a clear sense of what they should be aiming for.

Instead of a large initial investment in telematics solution providing numerous reports and spreadsheets that fleet managers had to sift through historical data is not effective when it comes to improving fleet utilization, pay attention to monitoring of the IDLING times on every vehicle in your fleet.

The immediate access to the vehicle usage status in real time for each vehicle and having the same data visible to the operator is the most important management tool to maximize asset utilization and operator efficiency.

The idea is not to wait and analyze data after one shift, or one day, or one week or month, but to have instant visibility throughout the measurement process that will let you examine changes in performance and put you in a better position to manage fleet performance proactively.