You probably know there is a cost-saving advantage to telematic fleet management, but like your gym membership, if you don’t use it, you will not get results. It also pays to know what works and what is a waste of time.
Your fleet is what moves your warehouse productivity. In fact, forklifts in most warehouse operations are on the move 8 to 24 hours each day. This means:
- Batteries generally need to be charged and replaced one or more times in a 24-hour period.
- Regular forklift maintenance — and battery cleaning — is vital for smooth productivity.
- Operators must complete and document safety checklists before using each forklift.
These protocols can be time-consuming, which is just one reason why workers do not always follow best practices. But, failing to monitor the fleet, ignoring safety measures, and foregoing maintenance can really cut into your bottom line.
3 ways you may be failing your fleet
According to a report by the National Renewable Energy Laboratory, class I and II forklifts used for multiple shifts cost about $20,000 to maintain and operate each year. Class III forklifts (also known as pallet jacks) cost just under $13,000 per year.
Those costs increase when you fail to:
- Follow scheduled safety and maintenance checklists — costing you additional vehicle downtime, potential impacts, avoidable repairs, and potential OSHA fines
- Analyze operator performance and behaviors — costing you in more impacts, damage to fleet or property, and reduced operator productivity
- Reroute trucks to the optimal path — costing you time lost to warehouse traffic, greater risk of impacts, and increased idle time and fuel consumption
3 ways telematics solves fleet-management deficiencies
By some estimates, less than 30% of forklifts are equipped with telematics. But the right telematics platform can eliminate some costs by using real-time data and analysis to pinpoint areas for change.
Telematics cuts costs by providing:
- Customized safety checklists and reminders for scheduled maintenance or repairs before they occur — cutting costs for downtime, safety violations, and repairs through proactive measures
- Analysis of driver performance and behavior — recording drivers’ activity data and reporting on productivity levels, driver safety, and impacts
- Fleet routing optimization and fuel savings through an equipment-monitoring device — cutting out visibility gaps, providing insights to right-size your fleet, and leveraging the fastest, least congested routes.
Improving you fleet management is in those small, everyday details and decisions. Deploying the right telematics platform can take fleet management to the next level — cutting out additional operating costs, improving safety measures, and boosting warehouse and operator productivity.