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Local Forklift Fleet Manager Named “Spending Czar,” Immediately Buys Large crown and cape to fit Title

Writer's picture: An Industry InsiderAn Industry Insider
a czar standing in front of a bunch of old forklifts.
First act as czar is get an expensive portrait of oneself.


BY AN INDUSTRY INSIDER


Forklift fleet management is often considered a “top 10” budget item for businesses, mostly because no one wants to admit their forklifts are as high-maintenance as a reality TV star. But thanks to a new wave of budgeting strategies, companies are finding ways to squeeze every ounce of productivity—and possibly joy—out of their beloved material-handling fleets.

Tom Ryder, chief commercial officer at TFS and self-proclaimed forklift whisperer, has revealed the secrets to cutting costs while making forklifts feel like the star athletes of your warehouse.


"Piecemeal Solutions? More Like Peace-Of-Mind Solutions!"


Ryder says the first mistake most businesses make is trying to “DIY” their fleet management, like a dad attempting to build a deck with YouTube tutorials and sheer hubris. His advice? Ditch the chaos and let professionals juggle your contracts, suppliers, and equipment manufacturers.


Data-Driven Decisions: The Sexy Side of Spreadsheets

“Your data should be transparent, actionable, and mildly intimidating,” Ryder explained, emphasizing the need for centralized databases. These magical spreadsheets apparently reveal when your forklifts are ready to retire gracefully versus when they’re staging a dramatic breakdown mid-shift.

Rightsizing Your Fleet: One Forklift to Rule Them All

Too many forklifts? Too few? Ryder says the answer lies in telematics, which is like Fitbit for forklifts but with fewer passive-aggressive step goals.

Maintenance: Because Forklifts Don’t Heal Themselves

With two-thirds of forklift spending going toward maintenance, Ryder advocates for a systematic approach. This includes predictive maintenance and letting your forklifts down gently when their time has come. No forklift deserves to become a “money pit on wheels.”


Downtime: The Villain of Productivity

“There’s nothing more disruptive than a forklift out of service,” Ryder lamented, clearly unaware of the chaos unleashed by a single burned-out coffee machine.


Safety and Morale: Forklift Operators Are People Too

Operators love reliable equipment, Ryder says. By rewarding safety records with gift cards, you can foster a forklift utopia where everyone knows their OSHA compliance checklists and no one skips leg day.

Appointing a Spending Ambassador: Or, How to Become Office Royalty

Inspired by a healthcare company that saved $300 million with a “spending czar,” Ryder suggests appointing a budgetary overlord for forklifts. Just be sure they don’t go mad with power (or start dressing like Napoleon).


Leasing: Turning Forklifts Into Rental Royalty

Lastly, Ryder advises businesses to embrace the art of leasing. “Sell your forklifts while they’re hot, then lease them back,” he suggests. It’s a strategy that could make even the most frugal CFO look like a Wall Street tycoon.


With these tips, Ryder assures businesses they can save money, extend the lifespan of their forklifts, and maybe even become the envy of the materials-handling world. Or at least their forklifts will stop throwing tantrums during peak productivity hours.

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