Service invoices may begin to compile and it might be time to consider upgrading your forklift. Read below to determine whether or not it could be time.
Forklift Cost Per Hour
While it may be hard to fathom the thought of replacing your paid in full forklift, but when you need repairs, it can make your cost per hour go up way above the average in the industry. To best determine if its time to replace your forklift, check utilization and cost per hour according to its history of maintenance. Using as much history of maintenance as you can, can be very beneficial.
Usually an electric forklift with over 12,000 hours and an internal combustion forklift with over 10,000 hours is ready to be replaced. Forklift with high hours begin to experience failure on several different components and electric forklifts will need battery replacement.
Sneaky Production Costs
There are hidden costs of keeping dated equipment in safety, efficiency and more. An aging truck lags in efficiency, making it harder for you to keep the same production pace. Newer equipment will have technology improvements. For example, forklifts built prior to 2006 protect your warehouse from harmful emissions. Additional cots can result using the wrong forklift.
Always keep track of your forklifts maintenance history – including expenses on tires, planned maintenance, damage and breakdown.
The Lilly Company is always here to help! If it’s time to upgrade your forklift, let us know!