During the past eight years, a German industrial truck manufacturer has increased its TSR by 130 percent through M&A. Other strategies to boost TSR include expanding digital solutions, enhancing value propositions and entering new markets, such as India and the Middle East. Leaders in material handling often tailor their strategies to the maturity levels of their respective segments. Top-tier service and superior cost management remain key business models, but process optimization and increased investment are becoming more important as a strategic priority.
Principles of material handling
The principles of Material Handling apply to several aspects of logistics. They all help to maximize productivity and minimize the environmental impact of the movement of goods. Generally, each principle relates to the movement of different types of materials. They include: unit load, gravity, material flow, and material economization. Listed below are some of the most important principles of material handling and their application in logistics. The principles apply to both the movement of goods in warehouses and to the distribution of goods.
– Standardisation: This principle means that unit loads should be sized appropriately and configured to achieve the objectives at each step of the supply chain. The system should also include automated processes to enhance efficiency, consistency, and predictability. It should also be environmentally friendly and minimize operating costs. – Economical analysis: The economic analysis of material handling systems should consider all aspects of the lifecycle and not just the initial investment. By applying these principles, a logistics system can improve the productivity of warehouse employees and reduce operational costs.
Equipment used in material handling
Material handling equipment includes tools for storage, transport, and movement of goods. Without proper equipment, a company is at risk of damaging products and falling behind in productivity. With the advent of technology, companies are using more sophisticated equipment to optimize the way they organize materials and make the process more efficient. Various types of material handling equipment are available, including drawers, shelves, racks, and stacking frames, which allow workers to stack items without crushing them.
An elevated lift table is a simple device that allows workers to move heavy objects to a higher location. Available in pneumatic, hydraulic, and scissor lift models, these devices lift and move objects from one level to another. They increase productivity and employee safety, and improve the efficiency of a manufacturing process. Whether you need one piece of equipment or several, Global Industrial has the right equipment for your needs. We carry durable, long-lasting products, including forklifts, cranes, and other materials-handling equipment.
Impact of automation on productivity
The industry has begun recognizing the value of automation, particularly in material handling. While it is important to evaluate the potential impact of automation before making large investments, some manufacturers have made it easier than ever to do so. Some even provide tools that help companies quantify the impact of automation. Self-driving vehicle maker OTTO Motors, for example, offers a ROI calculator to help businesses calculate the value of investing in new technologies. OTTO also offers simulations of material handling systems to help customers assess the efficacy of new designs and procedures without disrupting operations.
Another major disadvantage of automation is worker displacement. Although there are some social benefits from retraining displaced workers, they are emotionally strained and geographically dispersed. They are also forced to relocate in order to find new jobs. The good news is that these displaced workers will be provided with the tools and training they need to perform their jobs better. Automation can provide significant benefits for workers and companies alike. Here are some examples:
Safety aspects of automation
The automation of material handling has numerous benefits, but there are also risks of accidents that can arise. The most common accident that occurs during material handling is manual handling, which is a leading cause of workplace injury and can put employees at risk of serious injuries. Automated material handling solutions are designed to minimize manual interference and increase worker safety. Read on for some of the benefits of automated material handling systems. Let’s start with some examples.
Automating your warehouse is one way to create a more ergonomic workplace for your employees. The benefits of this include higher morale, performance and retention of workers. With an increasing level of automation, it is essential to continually improve your safety procedures. Keeping up with new technology and equipment is essential for ensuring a safe workplace. It’s also important to keep up with technological changes as automation grows and evolves. After all, familiarity can lead to lax safety standards. Therefore, retraining your workers can serve as a reminder to follow safety procedures.