Papers

Small Data, Big Impact

The importance of extracting actionable insights from lift truck telematics to improve efficiency and protect the bottom line. By Yale

February 5, 2018

In an era of expanded digital networks, smarter connected devices and integrated systems, businesses are turning to data-driven intelligence to guide decisions to help improve efficiency and protect their bottom line. For operations with lift truck fleets, telemetry programs can produce a wealth of relevant small data insights for quick conversion into actionable business intelligence.

Even as materials handling operations face serious pressure to maximize output and efficiency, most facilities do not utilize fleet data to its full potential.

A recent survey indicates that while 80 percent of companies track lift truck fleet data in some way, only 25 percent track equipment and utilization by specific drivers. The cost of not knowing this can be high, especially since more than ever companies are focused on improving profitability, productivity and operator safety.

This white paper outlines the strategic advantage of working with small data insights to optimize fleet size and labor, and demonstrates the value of actionable lift truck intelligence in the overall productivity equation.


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