Toyota Material Handling USA reported that the adoption of telematics has doubled in the last three years. Many fleets large and small have seen the value in collecting and acting upon fleet data to ensure uptime, right-size fleets, control maintenance costs, establish operator accountability, and improve safety. However, a significant few continue to stick with the status quo and are likely spending much more than necessary on their fleets.
The laggards fall into two categories. The first is made up of those companies that simply lack visibility and coordination between fragmented departments while the second prefers not to ‘fix something that is not broken’.
The problem is that without visibility and a thorough understanding of the total cost of ownership, there is no way to know how old maintenance habits are undermining fleet effectiveness.