Timely Replacement of Lift Trucks
October 24, 2012
Replacing older, less efficient lift trucks at the right time can reduce your maintenance costs, improve your productivity and, most importantly, save money and maximize your return on investment. As a result, your profitability goes up. In an economic downturn, there is a tendency to postpone the purchase of new equipment. This may be a costly mistake.
When lift truck fleets are not maintained appropriately or utilized efficiently, downtime increases, productivity is reduced and you end up spending money when you should be making money. This affects your bottom line when more money is being spent on a poorly maintained fleet that doesn’t perform as cost effectively as it should. So how do you determine the right time to make a new, significant purchase?