Electric forklifts - financial justification

Thursday, 12 December 2019 ( #953 )
A wood processing facility in central California switched over to a fleet of 15,000lb - 18,000lb electric forklifts from CARER ELECTRIC FORKLIFT SOLUTIONS. Carer offers 46 different chassis options between 10,000lbs and 55,000lbs lift capacity. After a detailed application review with their operations manager, the facility realized that by doubling the amount of load they carry per cycle, they could reduce their fleet size and head count by nearly half. This provided ample opportunity for significant operating cost reductions. The operations manager was very excited about hitting the targets provided to him for reducing his annual operating cost budget. He then proceeded to submit for capital approval to purchase the Carer F70HD2 & F80HD2 models. However, his finance department, who also have budgets for annual capital expenditures, quickly rejected the purchase request. This was due to the fact that the acquisition cost of the electric forklift was significantly more expensive than the internal combustion engine equivalent. In this case, both the finance and operations departments are doing a great job at trying to hit their budget targets. However, without working together and taking the time to understand the overall cost savings implications on the whole company, they would not otherwise benefit from the electric forklift in the application. Carer Electric Forklift Solutions brought both departments together to discuss the implications of the solution options and review them in detail. The customer realized that converting from diesel to electric forklifts will reduce their energy consumption costs by over 88%, maintenance and repairs costs by 40%, tire replacement costs by 65%, while also recovering significant inefficient labor time. In addition, the electric forklift proved to be nearly cash flow positive after only a few months of operation. In other words, the return on investment was seen in less than 3 months. Another important element to consider is that electric lift trucks are a much better solution for the environment. This is extremely important, as emission standards continue to rise around the world, but especially in ports and intermodal applications. Unfortunately, there remains a disconnect from operations department and finance departments in many businesses, with each wanting to adhere to their individual department budget targets. This can often lead to less productive solutions being chosen, and in the end the great financial solutions can be over looked.
'We're in a giant car heading towards a brick wall and everyone's arguing over where they're going to sit.' -Dr. David Suzuki-
Carer Electric Forklift Solutions works closely with our customers to determine the best solution for their needs. Starting with a detailed application analysis followed by solution development, we can find a mutually agreeable solution that meets even the strictest financial requirements. Popular models include:
R45-80H2 series including capacities ranging from 9,900 lbs. up to 17,500 lbs. with an 80-volt chassis configuration and all-weather cabin options. This Carer R series range is great for manufacturing and processing facilities including freight loading and container loading. F60-100HD2 series including capacities ranging from
13,500 lbs. to 22,000 lbs. with a 96-volt chassis configuration, high-performance dual drive motors, and a short turning radius with a 180-degree steer axle. The Carer FHD2 series provides excellent performance and is perfect for demanding environments including lumber processing and reload, pulp and paper processing, and any environment where high performance and long operating time are required.
A80-100X series including capacities ranging from 17,500 lbs. up to 22,000 lbs. with full-rated capacity available up to 19.6ft. They also feature a 96-volt operating system for high-efficiency energy consumption and long operating time, high-performance dual drive motors, elevated seating position, large diameter super elastic tires, and all-weather cabin options. This series offers unprecedented power and battery life for demanding applications to convert to electric forklifts.
Z60-100H series including capacities ranging from 13,500 lbs. to 22,000 lbs. with a 96-volt chassis configuration, high-performance drive motor, and short wheelbase. Great for operation in dense warehouses and production environments. Excellent for applications requiring high stacking highs in a compact chassis. K100-120 series including capacities ranging from 22,000 lbs. to 26,000 lbs. with a 96-volt chassis configuration for high-efficiency operation. Very low chassis and mast design of 88" for operation in environments with limited height access including shipping containers, mining, heavy industrial, and port terminal operations. All-weather cabin options available.
Z100-Z140HC & Z140-160H series including capacities ranging from 26,000 lbs. to 35,000 lbs. with a 120-volt chassis configuration for very high operating efficiency, cushion tires, short wheelbase for confined area operation. This solid tire forklift series works well on-board ships and in tight spaces.
R120-160 series including capacities ranging from 26,000 lbs. to 36,000 lbs. with a 120-volt chassis configuration for very high operating efficiency, large diameter super elastic tires, heavy-duty drive systems, and all-weather cabin options. Excellent for port terminal operations, lumber reload yards, steel coil handling, heavy load pulp clamp, large load freight for agriculture, automobile manufacturing, and many other heavy industry applications.
Carer electric forklifts has the right machine for any heavy-duty application in the most aggressive operating environments. Please contact Carer Electric Forklift Solutions at 1-844-33CARER (1-844-332-2737), or via email, for information on how Carer can support the integration of industrial electric forklifts into your facility.