White Paper

White Paper: 5 Ways To Reduce Costs Of Your Industrial Vehicle Fleet

Source: I.D. Systems, Inc.

The state of the economy is putting significant pressure on all businesses and management to do more with less. Job reduction seems to be the most prominent focus of most companies' cost reduction strategies. However, when supervisors and middle managers are downsized, day-to-day operations can become less efficient, placing even more strain on the remaining team.

In today's difficult economic environment, it is more critical than ever to shine a spotlight on your highest cost centers and evaluate readily achievable savings opportunities. Every day your business is paying significant amounts of money to own and operate your forklift fleet. The cost for each truck can be over $250,000 per year – inclusive of operator salaries, benefits, overtime, truck leases, maintenance, damage, and battery/fuel expense. For a 50 vehicle fleet, that multiplies to over $12,500,000 per year!

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