Fleet Management & Forklift Safety Blog

Inventory & Forklift Tracking Basics Every Warehouse Needs

Posted by Thelma Marshall on Oct 8, 2019 4:00:00 AM

Most forklift manufacturers realized long ago that harnessing data from their trucks can improve how a warehouse operates, facilitating optimum efficiency. But today’s capabilities provide location information that can be a game-changer. box-159302_640(1)

What should you look for? There are some key telematic tracking basics your warehouse should be getting from its software platform. From managing fleet vehicles and warehouse efficiencies to providing highly specific locational data for the fleet, detailed tracking information is how your business can remain competitive and avoid OSHA fines.

What is important in a telematic tracking system?

  • Real-time analytics that delivers actionable information and guidance.
  • Extended sensors, connectivity, and intelligence to material handling and packaging
  • Shelf sensors that know inventory levels and content

With more information comes the need for better analysis, connected to all the moving parts of your organization. Managers need actionable information as fast as possible to reduce unnecessary expenses along the supply chain. In fact, one report found that many companies realize a profitability increase of 20 to 50 percent or more when they implement an advanced inventory-tracking system.

Here’s how a comprehensive, customizable telematics platform can deliver precise location insight and improve warehouse efficiency.

1. Identify the locate of each driver.

On-demand unit location identifies where to find vehicles and drivers. With access to the precise location of your fleet vehicles, you can see how long a vehicle stays in a given location or if it takes an alternate route. This allows you to gauge efficiencies and make necessary changes to improve workflow.

2. Records and monitors driving habits.

Fleet tracking devices make it easy to monitor driving habits and ensure overall safety in real time, no matter where you are. Knowing the general area of any given forklift is not as helpful as seeing exactly where it is within the warehouse. It also offers better preventative analytics — assisting with internal risk assessments, driver scoring, and feedback. This allows for proactive management of fleet operators and assures compliance with OSHA requirements.

3. Data-based decisions.

Tracking basics should include the ability to identify issues— like the need for more driver training, labor reallocation, and slotting optimization — and allow managers to use data to determine the best route for product movement. It also facilitates adjustments to traffic patterns to increase safety and determine the most effective locations for fast-moving pallets. For example, it may be possible to move every pallet up to 15 seconds faster, which can reduce operating costs and boost productivity over time.

4. Instantly identify inventory location.

Often managers lose valuable time searching for lost or misplaced pallets. Telematics delivers optical position ceiling markers, combined with high-precision cameras on each vehicle, to track the location of vehicles and pallets — essentially linking forklift movement with data on the pallets. This provides 100% inventory accuracy.

Using telematic tracking can reduce wasted time for all employees and easily identify changes that could trim operational costs. Look for a software platform with advanced locationing capabilities that easily deliver a holistic picture of all movement in real-time and the precise location of each vehicle, your operators and inventory.

Topics: smart trucks, real-time visibility, fleet utilization, data-driven insights, TotalTrax Fleet Management Solutions, forklift tracking, inventory management, forklift operators