Category: Cost reduction strategies
April 2011 MANUFACTURING REPORT PMI at 60.4% AUTOMATION WILL SEPARATE THE WINNERS VS. LOSERS
April 2011 Manufacturing ISM Report On Business PMI at 60.4% AUTOMATION WILL SEPARATE THE WINNERS VS. LOSERS IN THIS ECONOMY… The economy is growing, but a “hick-up” in April’s numbers due to increased material and energy costs will have an impact on organizations ability to profit from the increased activities. As the report notes, “Plastic …
Reduce Warehouse Labor Costs – Warehouse Efficiency
How do I reduce labor costs in my warehouse? This article looks at ways to reduce costs by looking at warehousing processes. Counting the steps it takes to store and retrieve a pallet from the pallet rack or pick an order allows you to determine if there is a more lean approach to your distribution center. Read more about reducing costs here.
Forklift Leases Explained
Looking for information on leasing a forklift? The different types of forklift leases are explained here. What is a fair market value lease? A full payout lease? A full service lease? An operating lease? These and other questions about forklift leasing are answered here.
Forklift Life Expectancy
How many years will my forklift last? How old will a forklift get before it needs to be retired and replaced? What helps a lift truck last longer? What shortens a fork truck’s life? How do I calculate a lift trucks’ total cost of ownership? What is the benchmark for maintenance and repair costs on a forklift? How many hours will a forklift run for before needing to be replaced? Can an electric forklift operate outside?
Right-Sizing the Lift Truck Fleet
Using the hour meters on your forklift fleet, measure and increase productivity. Lift hours, travel hours and deadman hours all tell a story of how your materials handling fleet is being used.