F
rom warehousing property costs, labour and energy expenses, to equipment maintenance and safety concerns. The pressure for warehouse and logistics operations overheads can be overwhelming. Fortunately, there are many real-world solutions, innovative approaches and strategic investments that can help forward-thinking companies to thrive.
THE TELEMATICS REVOLUTION An advanced telematics system can provide real-time data and insights that can materials handling equipment usage patterns, identify underutilised assets and highlight areas where resources are being stretched thin, enabling informed decision-making about telemetry systems can monitor equipment performance and maintenance schedules in real-time, to help reduce downtime and prevent costly breakdowns.
THE POWER OF VERSATILITY Investing in multi-functional equipment can multiple specialised machines. Consider, for example, a single piece of equipment that can function both as an order picker and a pallet truck or a reach truck that can go beyond the warehouse to load and unload lorries outside. This versatility allows warehouses to accomplish a wider range of tasks with fewer machines, reducing capital expenditure and maintenance costs. It also optimises warehouse space, as fewer pieces of equipment mean more room for inventory or other operational needs.
OPERATOR ASSISTANCE SYSTEMS: WHERE SAFETY MEETS SAVINGS Safety is paramount in warehouse operations, but it’s also intrinsically linked to cost management. Accidents and injuries not only pose risks to employee wellbeing but can also damaged infrastructure, increased insurance premiums and lost productivity. The economic cost of forklift accidents involving injured workers can be as high as €34,000 in direct costs per injured worker and €130,000 in indirect costs.
Operator Assistance Systems (OAS) are designed to support operators in proper truck operation, thereby helping to reduce accidents, injuries and equipment damage. They can alert users when they are operating equipment outside of set parameters so that they can take corrective measures, potentially mitigating the risk of costly incidents.
TACKLING THE LABOUR CHALLENGE concern for warehouse operations, driven by a shortage of skilled operators and the need and warehouse equipment are being designed with advanced ergonomic features that reduce operator fatigue and enhance comfort to
NAVIGATING THE COST
By Robert O’Donoghue, Vice President of Marketing, EMEA at Yale Lift Truck Technologies
A more comfortable working environment also helps to retain experienced operators, reducing the substantial costs associated with recruitment and training. Furthermore, comfortable operators tend to be more productive.
ENERGY SOLUTIONS
Energy costs typically account for around 15 per cent of a non-refrigerated warehouse’s operating budget. Lithium-ion battery technology is a key solution in the material handling industry, offering a sustainable and economical energy solution for modern warehouses.
Some lithium-ion batteries deliver more usable energy per charge compared to their lead-acid counterparts, which means more operational time. They also support opportunity charging, the ability to quickly recharge during short breaks without damaging the battery. boost overall productivity, avoiding extended charging breaks. Plus, there is no need to allocate warehouse space for battery charging and storage, and they require virtually no maintenance, further contributing to cost savings.
THE VALUE OF USED EQUIPMENT Opting for pre-owned equipment can be an machinery at a fraction of the cost of new
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models. It can also allow businesses to grow budget constraints. Good quality equipment is designed for longevity, meaning that even second-life machines can provide excellent value when properly maintained. crucial to choose reputable suppliers who thoroughly inspect and/or refurbish their stock. providing peace of mind and protection against unexpected issues.
BRINGING IT ALL TOGETHER By leveraging advanced technologies like telemetry and operator assistance systems, investing in versatile and ergonomic solutions like lithium-ion batteries, and considering high-quality used equipment, and cost-effective operation.
the initial costs. Increased productivity, reduced downtime, improved safety and lower savings over time.
Yale Lift Truck Technologies
www.yale.com
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