The new year is upon us, and at the beginning of each new year, it is important to take time to reflect on your business and identify where you can make changes and upgrades to increase your growth and productivity. One of those aspects of your business that may need an upgrade is your equipment, specifically, your forklift. Knowing when the right time is to replace your forklift will save you money, increase your productivity and efficiency, as well as ensure the safety of you and your workers. The question at hand is, how do you know when it’s time? When you are considering looking into forklift sales in Irving, measure up the following with your current forklift.
#1 The wear and tear is outdoing the productivity
If your forklift has immense wear and tear that is effecting its work productivity, then it may be time to replace your forklift. Problems such as hydraulic leaks, worn chains, clogged fluid lines, mask lifting issues, repetitive battery problems, steering troubles, unbalanced suspension etc., are big reasons to consider having the machine replaced. This is especially true if you can count 3 or more of the problems above that your forklift is experiencing. With so many problems it is likely that your forklift is costing you more money than it’s worth by lack of productivity and high costs in maintenance.
#2 The maintenance costs are high, and so is the downtime
Spending more on maintaining your forklift than what it is worth will only lead you to financial stressors and a lack of efficiency on the job. It may actually save you money, with all the maintenance costs and work efficiency losses, to replace your forklift rather than keep fixing it. It is important to remember that downtime for your forklift means loss of money. You also must consider idle time where your drivers are dealing with a forklift that isn’t working. With all of the loss time of productivity and the cost of maintenance, it is likely worth having the truck replaced.
#3 Your forklift is at risk for causing an accident
Another very important reason to consider replacing your forklift is if it is at risk for causing an accident. Forklifts that are old and not in proper working condition are one of the causes that serious accidents occur on work premises. Consider the possibility of an accident or injury occurring on the job due to your malfunctioning forklift when you are making the decision as to whether or not it is time for a replacement. Remember the importance of the safety of your workers as well as your finances which could also be affected if an incident were to occur.
If you are not sure as to whether or not you should replace your forklift, carefully examine the above and your forklift maintenance costs, time on the floor, and safety risks to help you make the decision. If you have any more questions, contact our trusted Irving forklift company. Here at Ace Equipment, our clients are our priority. We can help you decide whether or not it is the right time to rent or buy a new forklift, or if you should rather just have a proper servicing completed with your current truck. Contact us today.