Fleet size and cost per pallet move in Singapore: the maths

As a core regional logistics hub in Southeast Asia, Singapore has always attached high importance to the cost control efficiency of warehousing and distribution links, and a large number of local warehouse operators are focusing on the correlation between forklift fleet size and cost per pallet move to optimize overall operation performance. The basic calculation logic is based on local public data including labor cost, industrial electricity price and yard rent. Under normal operation arrangements, each electric forklift can provide about 1920 hours of effective working time per year, and can support around 132000 pallet moving operations annually if following proper maintenance schedules. For fleets with size less than 10 units, the limited scheduling redundancy will lead to obvious waiting delay during peak operation periods, and the extra waiting labor cost and order delay loss will push up the cost per pallet move by around 18% compared with the reference baseline. When the fleet size expands to the range of 20 to 30 units, the scale effect begins to take effect, the shared backup equipment scheduling mechanism can maintain the overall equipment utilization rate at about 82%, and the comprehensive cost per pallet move can drop to 72% of the reference baseline. However, if the fleet size keeps expanding to over 50 units, the idle cost of charging, regular maintenance and dedicated parking space which takes up high-value Singapore local warehousing land will reverse the previous cost saving trend, and the cost per pallet move will rise back to 85% of the reference baseline. To help local operators find the optimal balance point between fleet scale and operation cost, Jianshu New Energy provides targeted fleet configuration consultation service, which cooperates with BYD Forklift to deliver full support covering new energy power supply layout, staff scheduling optimization and regular maintenance arrangement. All the calculation models are fully compliant with Singapore local carbon emission control and workplace safety regulations, without any exaggerated data or hidden extra cost. If you need to get the exclusive calculation model matching your own warehouse operation scenario, please send your requirement to 17399989919@163.com to get free basic operation guidance.