Speed and efficiency are critical to a company’s success. It is not always so easy to achieve because of finances, outdated policies and inefficient procedures. Most businesses look to upgrading their systems and processes when they want to operate with more efficiency. But, few look towards outdated equipment. The truth is that poorly equipped employees cost businesses millions of dollars each year in damages and time lost. Here are three ways to radically improve your business’s speed and efficiency.
Provide Employees with the Right Equipment
In 2015, nearly 5,000 workers lost their lives in work-related accidents. About 13 workers died each day from hazardous working conditions. The data also shows that up to 11.1 million workers receive injuries because of unsafe working conditions. Many companies do not have the right equipment, which leads to a loss in production, safety conditions and workplace efficiency. Access to proper equipment has helped reduce workplace injuries by 60 percent over the last three decades, which is why Sun Used Forklifts built their business model with safety and production in mind. Here are some of the ways it occurs.
Quality Equipment
Their stock includes quality equipment like pneumatic and narrow aisle forklifts that enable companies to improve production. The National Business Research Institute found that employees who had the right tools made better use of their time while adding hours of productivity to their workweek.
Affordability
A critical element of their business model is making sure that companies have access to affordable equipment and financing to acquire the equipment needed regardless of the price tag. Their stock provides affordable options for all budgets.
Safety
They value workplace safety as an utmost concern in their business, which is why they also offer equipment that can also increase it in yours. Newer forklifts also improve the speed at which employees achieve work duties. The ability to enrich your employees’ lives with the proper equipment necessary to safely fulfill their duties will be a significant benefit to your company’s revenue and growth.
Upgrade Policies and Procedures
Each employee must ensure the entire process runs smoothly. If a single person fails, the entire team does. It is a process that must work in unison. A worker without the proper equipment will likely slow down production and affect the team’s morale. Some important questions are:
- What policies and procedures are hurting your day-to-day operations?
- Are there teams that are inefficient?
- What equipment or technology could help them improve?
Coming Up with Solutions
Now that you know your problems as well as specific areas you could improve, it is time to decide on your solutions. As an owner, it is not always easy to find solutions to every problem. As your changes take effect, revenue grows and so will your budgets. Some important questions to ask in this area are:
- What procedures can you implement now to make the greatest change?
- Is a lack of equipment something that can be improved upon?
- How would forklift equipment improve productivity?
- Would access to equipment improve company morale?
- What strategies need to be in place to achieve these solutions?
The risk is well worth the reward when you methodically implement workplace changes that make your business more efficient. Moreover, your investment can last for years to come, which helps ensure that the right equipment is in place for those who help your business thrive.
