A key component of any successful fleet management program is a planned replacement strategy. As a general rule, forklifts have an economic life of approximately 10,000 to 12,000 hours. Again, this varies based on organisation, maintenance practices, operating conditions and the type of equipment used.
Every operating and ownership situation and application is different. It is important that an experienced and knowledgeable fleet management professional evaluates all relevant costs and determines the optimal replacement point for forklifts in a given application or operating environment. Substantial cost savings are available through the implementation of a fleet management program that incorporates the philosophy of planned fleet replacement once a unit has reached its Optimum Economic Replacement Threshold.
In order to run an efficient and productive operation, lifecycle management must be achieved as ultimately the timely replacement of machinery is crucial to the success of an organisation. Lifecycle management results in the avoidance of costly maintenance procedures as well as a contribution to loss of profits due to downtime and delays by inefficient forklifts. By replacing your forklifts at the optimal economic time, productivity and profits can increase within your business.
A key component of any successful fleet management program is a planned replacement strategy. As a general rule, forklifts have an economic life of approximately 10,000 to 12,000 hours. Again, this varies based on organisation, maintenance practices, operating conditions and the type of equipment used.Every operating and ownership situation and application is different. It is important that an experienced and knowledgeable fleet management professional evaluates all relevant costs and determines the optimal replacement point for forklifts in a given application or operating environment. Substantial cost savings are available through the implementation of a fleet management program that incorporates the philosophy of planned fleet replacement once a unit has reached its Optimum Economic Replacement Threshold.In order to run an efficient and productive operation, lifecycle management must be achieved as ultimately the timely replacement of machinery is crucial to the success of an organisation. Lifecycle management results in the avoidance of costly maintenance procedures as well as a contribution to loss of profits due to downtime and delays by inefficient forklifts. By replacing your forklifts at the optimal economic time, productivity and profits can increase within your business.
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