Staying ahead of fleet management trends is imperative for operational leaders in the rapidly evolving realm of material handling equipment and fleet management. We will dive deeper into various industry trends we are seeing and offer critical insights to empower decision-makers to drive operational efficiency, regulatory compliance, and long-term success for their fleet operations. Let’s...Read More
In today’s rapidly evolving business landscape, efficiency is the name of the game. Companies strive to remain competitive, cut costs, and enhance productivity. One often-underestimated tactic in achieving these objectives is a fleet replacement strategy. According to a study by McKinsey, companies that invest in upgrading their equipment fleets can experience up to a 30%...Read More
Fleet management stands at the crossroads of operational efficiency, cost control, and strategic planning for industries heavily reliant on machinery. In sectors such as construction, logistics, manufacturing, and transportation, the seamless management of a fleet can make or break business operations. Effective management ensures that assets are optimally deployed, maintained, and upgraded, leading to minimized...Read More
Fleet management is the organizing and coordinating a company’s fleet of vehicles and equipment to ensure efficient operation, maintenance, and safety. Traditionally, it has been associated with managing road-based vehicles like cars, trucks, and vans. More recently, fleet management has evolved to encompass a broader range of industrial equipment and machinery used in various sectors....Read More
How can companies confidently navigate the challenging landscape of their material-handling fleets? In today’s rapidly evolving business environment, the key lies in harnessing the power of data analytics. By leveraging advanced tools and techniques, operational leaders and key decision-makers can make informed decisions, quickly identify emerging trends, and optimize fleet performance. We’ll explore the myriad...Read More
In fleet operations, workplace safety is paramount. The efficient movement and transportation of goods within warehouses or distribution centers rely heavily on properly managing equipment and the well-being of your workforce. According to the Occupational Safety and Health Administration (OSHA), forklifts alone account for approximately 85 fatal accidents and 34,900 serious injury accidents annually in the...Read More
Change becomes inevitable as the need for material handling equipment continues to grow. We saw in 2022 that there were plenty of challenges for companies that utilize mobile equipment. According to Global Market Insights Inc., the material handling equipment market is expected to surpass $250 billion by 2032 in its latest report. Let’s look at the...Read More
Misused, under/over-utilized, and non-maintained fleets are what nightmares are made of for a fleet management company! A shadowy figure lurking in every warehouse, intent on taking advantage of operations, procurement, and fleet management departments alike. This Halloween, we wanted to share with you a few fleet management horror stories that emphasize some issues that have...Read More
“You cannot beat a roulette table unless you steal money from it.” – Albert Einstein I have spent a lot of time in casinos. The casino floor was my office, and I spent the first decade of my career working in the industry. My duties ranged from doing taxes, to wooing VIP’s, and all sorts...Read More
Navigating Your Supply Chain Challenges Everywhere you look, there are supply chain issues. Bottlenecks, component shortages, you name it! Original Equipment Manufacturers (OEMs) are struggling to keep supply up with demand, and now your material handling operations are paying the price. During the best of times, you could expect lead times of 12-16 weeks for...Read More