What You Can’t See Is Costing You: Why MHE Data Is the New Gold
- CoreTech Team
- May 29
- 2 min read
In today’s environment of rising operational costs and tightening supply chain margins, every efficiency gain matters. Companies that can access and act on real-time data from their material handling equipment (MHE) are gaining a measurable advantage. Yet many leased fleets operate without meaningful visibility into performance, utilization, or maintenance patterns. That lack of insight comes at a cost.
By integrating data analytics and telemetry into MHE fleets, organizations can unlock powerful insights to reduce downtime, extend asset life, and improve return on investment. The tools to do this are already available—and when paired with a flexible leasing model, they become even more valuable.
The Power of Visibility
Imagine being able to monitor equipment usage in real time, knowing exactly how each forklift, pallet jack, or other asset is performing. With telemetry, this is no longer a hypothetical. Sensors and tracking software allow fleet managers to identify underused assets, spot performance anomalies, and anticipate maintenance needs before breakdowns occur.
Utilization data helps identify the true value of each asset in your fleet. You can determine whether certain units are sitting idle, overworked, or due for replacement. This insight helps guide smarter decisions about leasing, right-sizing, and long-term capital planning.
Predictive Maintenance That Prevents Surprises
Unexpected breakdowns are one of the biggest sources of unplanned expense in fleet operations. With telemetry in place, you can shift from reactive to predictive maintenance. This reduces costly emergency repairs and minimizes reliance on short-term rentals, which are often more expensive and less efficient.
Knowing what is likely to fail, and when, allows teams to schedule maintenance during downtime instead of in the middle of peak operations. It also helps prevent safety risks associated with equipment failures.
Data-Driven Lease Decisions
A well-structured lease should not only provide access to the equipment you need—it should also provide the information needed to manage it better. When telemetry is included in a lease agreement, you gain the ability to track asset life, maintenance trends, and usage patterns. This enables smarter end-of-term decisions.
For instance, you can retain high-performing units with remaining useful life, often at a discount, and return underperforming or high-maintenance assets. This data-backed approach ensures your fleet is always optimized for performance and cost.
Why Leasing Makes Sense
The leasing model supports easy adoption of telemetry and analytics solutions. Since there is no large capital expenditure required, telemetry tools can be included as part of your lease without needing separate budget approval. This makes it easier to pilot new technologies, assess performance, and scale across your fleet without long-term risk.
Additionally, working with a knowledgeable leasing partner allows for customized terms that align with your operational goals. These partners can help analyze fleet data, identify trends, and recommend strategies that extend beyond financing into full lifecycle management.
Let’s Talk Results
Want to see how real-time usage data can reduce downtime and boost ROI on your fleet? Contact CoreTech Leasing at info@coretechleasing.com to learn how we integrate analytics into our client lease programs to unlock value at every stage of the equipment lifecycle—no strings attached.
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