What Goes into a Business Case for a Digital Checklist?

Getting an ROI from a digital checklist is what you need in order to show management that the investment made in a digital forklift checklist produced value and results. Of course, this isn’t anything new to you, you’ve had to cost justify all of your suggested purchases with results all along.

However, is there a justification when going from a paper-based forklift checklist to a digital checklist? Let’s take a look.

The Current State of Injury Costs

We know that injury costs are found in numerous areas and the total can be overwhelming. According to certifyme.com, direct costs can go as high as $38,000, per injured worker and approximately $150,000 in indirect costs. Take a look at your records. How many were injured last year, and how many of those still have charges coming in? Let’s take a look at some of those costs and determine if the costs can be reduced and if an ROI from a digital checklist can be created.

The ROI from a Digital Checklist

A digital checklist can be as simple as taking the questions on a paper-based forklift checklist and typing it into a software system. There it’s digitized. But let’s talk further than that. Let’s talk about:

• Insurance
• Lift truck downtime
• Property & equipment damage
• OSHA fines
• New Expenses

Insurance

Insurance companies work with manufacturing, warehouse and distribution companies to help bring down and manage their premiums. Part of that evaluation is the forklift. By utilizing a digital forklift checklist, you can easily run a report that shows the results of OSHA compliance. You can also work with them about how you brought down impacts and what you do with the information collected from near misses.

Lift Truck Downtime

One way to show proof of an ROI from a digital checklist is to reduce to eliminate downtime on your lift trucks. If all your trucks are properly checked with the digital checklist, and the forklift is not operational until it is completed, you’ll have accurate information for maintenance. With maintenance identifying problems before they start, this will save you from losing productivity.

Property & Equipment Damage

You can have just a digital checklist, or you can use the SIERA.AI S2 Digital Checklist with Impact Detection. This brings you to the next level of digital inspection. As the forklift operates within the facility, it is tracking low, medium and high impacts. This provides you valuable insights into behaviors of the forklift driver and areas of the facility that can be prone to accidents. This can reduce the amount of damage done to the facility or other equipment around the mobile forklift.

OSHA Fines

By digitizing the forklift inspection process, you will be able to produce reports and show the actions you’ve taken to manage safety and reduce accidents. This in turn can help reduce or eliminate OSHA fines in the event an accident occurs.

New Expenses

There are always expenses that arise when an accident occurs. You need to hire a temporary worker while your employee is out due to injury. In addition, you need to train the worker, potentially rent another lift truck and figure out a way to make up for lost productivity.

In the End…

Making a business case will help justify switching from a paper-based system to a digital forklift checklist. You’ll quickly show the value. Give the S2 Digital Checklist with Impact Detection a try. Contact us at sales@siera.ai to see the flexibility and power it holds.