improving transloading ROI
operational changes to decrease transloading times and increase ROI
Using the right transloading software is the most economical way of improving ROI and Equipment is the most day-to-day manageable area to improve ROI.
The main expense for equipment is maintenance. Daily checks of fluids, grease requirements, and overall potential problems is important. Check sheets of things to observe and/or do are important for operators before they start their shift.
Forklifts can be gluts on maintenance if not properly monitored. Hydraulics, moving parts, filters, and even engine compartments can be a problem if not checked regularly. We have seen forklifts handling scrap paper bales burst into flames because of scrap buildup in the engine compartment.
Age of equipment is important. In many cases, even though a new machine has a high upfront cost the warranty and initial maintenance can be much less than constant repairs on older equipment. we have found, depending on the equipment, that buying new and trading in before value is lost is more economical than trying to nurse older equipment.
The right yard management system will reduce the overall operational costs, time spent on administrative tasks, expand your staffing options, streamline inventory management, and increase customer satisfaction. Effectively managing customer experience is the key to reducing customer turnover and stabilizing revenues. By demonstrating premium management practices, you should be able to increase your pricing, as well, to reflect a premium service.
Having an easy-to-use software which guides users with best practices, improves your operations and reduces time to productivity for new employees. This is the key to reducing staff turnover and onboarding new teammates when necessary. transloads.co meets all the needs to successfully run a reload yard and provides a pricing that will reduce your total cost of ownership. Request a demo to learn more.
As a final bonus, we can point to cross-training and overlapping shifts (as opposed to overtime) can also be used to improve ROI.
