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What Is Fleet Management?


Did you know...

that the average material handling fleet has 20% more equipment than needed?

And that 80-90% of the cost of your fleet lies in repairs, parts, tools, downtime, and operator expenses? Unfortunately, a recent study suggested that only 6% of end-users actually know what their real costs are while even fewer have fleet management programs in place to reduce this expense.

When it comes to optimizing and managing your fleet assets, the more information you have the better. And the better the information, the more effectively and efficiently you can improve your facility’s operating environment. Therefore, with optimal fleet solutions, you can reduce unnecessary capital expenditures.

A fleet management program typically includes reviewing your current material handling fleet to determine current expenses, analyzing those expenses and looking for opportunities for potential cost savings, reviewing recommendations for maintenance and/or replacement of equipment as well as training and financing options, implementing selected recommendations, and finally monitoring and reporting fleet progress to ensure that your fleet remains in optimal condition.

Having a fleet management program in place can help you increase productivity, improve asset utilization, and improve operator safety and accountability, all using intuitive web-based reporting.

Increase Your Productivity

Improve your productivity and uptime by knowing your optimum fleet size and best use of each unit while operating within the economic life cycle of the equipment to ensure that your equipment is running at its best.

Improve Asset Utilization

Organizations get the most value from their capital investments in equipment by increasing productivity and providing visibility into equipment use. Using material handling equipment efficiently helps make companies aware of how often and how long each piece of equipment is utilized. Over time, asset utilization data can help you determine the need for additional or fewer assets.

Improve Operator Safety and Accountability

When it comes to material handling equipment safety, reducing damage, and having an accident-free workplace, monitoring your equipment and operators at all times is important. By utilizing a fleet management software solution, you can keep an eye on all your assets!

Intuitive Web-Based Reporting

Fleet Management customized reports can help you evaluate overall fleet age and condition, utilization, repair costs, abusive practices, and specific application requirements so that necessary equipment adjustments can be made that will keep you running at optimal condition.

And More!