Keeping a large inventory of spare parts on hand encroaches on both the budget and physical storage space of your business. What happens if your forklift goes down and you don’t have that critical spare part on hand? Your business suffers unnecessary downtime and you may be forced to pay outrageous freight costs to have the parts shipped to you overnight.

How do you determine which forklift parts are critical and which are not?

If you are looking to define a critical spare part, ask yourself the following questions:

• What parts do you purchase most often? This should be your first consideration, especially if you have a fleet of several forklifts. Look back and determine which parts have been consistently replaced in the last few years and keep them in your on-site inventory.
• If your forklift goes down, how quickly will you need the part? If you will need it immediately, then it is a critical part. If you have a backup forklift that can be used or another means of covering the downtime, then it would not be a critical part.
• Will your business be halted or delayed if you don’t have the part? If the answer is yes to this question, then it is a critical part and must be kept in inventory.
• How long will it take you to receive a part if ordered? Find out which parts your local Toyota Forklifts dealer keeps on hand and which ones have to be ordered. Doing so will help you determine how long it will take you to retrieve the new part.
• If you need to have a part repaired, what is the average time it will take for your dealership to make the repair and have it returned? Contact your dealer and determine average repair times for those parts that you define as critical.

Have a backup plan. 

• If you don’t have space for a large inventory of spare parts, work with Dillon Toyota Lift to make sure they have the parts on hand that are critical to your organization.
• Keep a list of those critical parts posted so your technicians know what steps to take to procure that part.
• If you are going to experience a lengthy downtime, will your dealer be able to provide a loaner?

By being prepared and determining which parts are critical, your business could save money and most importantly, time.

Original Post By:  Debi Stanton, Customer Satisfaction Administrator