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Should You Reduce Your Forklift Fleet?

forklift fleet management

Are you struggling to manage your forklift fleet? Contact ProLift to learn more about T-Matics and find the real cost of your fleet. LEARN MORE

It’s important to have forklifts when you need them and where you need them to keep your production on schedule. However, it’s also important to invest only in equipment that you need to keep your budget in line for forklift maintenance and labor costs. Implementing forklift fleet management will help you find the optimum balance for both.

What is Forklift Fleet Management?

Forklift fleet management is the practice of tracking the operating behavior of a forklift and/or forklift operation. This is often accomplished using a vehicle management system (VMS).

You may assume your forklifts run 8 hrs / shift, but often this estimate is proven wrong during a forklift power study. While a work shift may be 8 hrs, the forklifts may run less time due to operator breaks, fluctuating delivery schedules and other production factors. For example, a power study reviewing 3 forklifts may conclude only 2 forklifts were needed to achieve the production.

Forklift Fleet Considerations

Looking at operating hours is not the only factor. Other considerations include:

  • Location of production: A forklift may be needed for a short time during a specific production task, but bringing a forklift from another work area doesn’t always increase efficiency. However, if forklifts can be periodically switched within work areas, forklift fleet management can help keep hours balanced between the fleet.
  • Idle forklifts: When walking through the warehouse, do you notice forklifts sitting for long periods of time – even with an operator in the seat? A forklift sitting idle on a daily basis may be a sign that you have more equipment then needed. Use forklift fleet management to highlight driving and lifting activity, capturing when the operator is actively completing a project.
  • Unique applications: You may have a unique application that requires a specialized forklift, causing you to invest in another piece of equipment that is utilized a smaller amount of hours but it is vital to production.
  • Warehouse changes: Since the initial forklift purchases, your warehouse or product may have changed and altered the need for a forklift. Forklift fleet management can show the forklift is now needed is another area of the warehouse.

Toyota T-Matics Fleet Management

Toyota Forklift offers the T-Matics fleet management system, providing two options so that companies with any size fleet can become more efficient with their forklifts. Its tracking features includes electronic hour meter collection, error code reporting and fleet utilization.

Curious how forklift fleet management can impact other areas of your bottom line, including forklift maintenance? Contact an equipment specialist for more details!

Contact Equipment Specialist

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