Logistics operations are present in a wide variety of industries and although the loads may differ, the challenges faced are similar. But what are the trends that logistics firms need to know about? And how does materials handling equipment help third-party logistics (3PL) firms rise to changing challenges?
Find out when you download our new white paper for the logistics industry:
3PLS: Rising to the challenges of the now economy.
Time to evolve?
How the logistics sector recovers and adapts following the Covid-19 pandemic will vary, but considering the important part that materials handling equipment and warehouse solutions play in productivity and profitability, will help logistics operations remain competitive and flexible to future challenges.
The new Hyster® white paper discusses several key topics that logistics decision makers must consider, including.
Flexible materials handling equipment contracts and short-term rental of lift trucks can play an important role in supporting operations as E-Commerce grows. Even long before Covid-19, the rise of eCommerce was changing the demand profile in logistics, with more frequent and extreme peaks in demand, wider product offerings, and fluctuating pricing.
Supply chain disruption
In the ‘Now Economy’, logistics operations need to consider the maximum speed of lift trucks and warehouse equipment and where this can improve cycle times. Additional features on materials handling equipment, and smart planning with warehouse simulation and telematics will support 3PLs.
It is important for 3PLs to look at fleet optimisation. The right choice of truck depends on the intensity of the operation, and specialised equipment may be needed for specific actions and tasks. Affordability is often key, as well as productivity.
The expectation is that the customer can get what they want, when they want it and send it back. So, in fulfilment areas of logistics operations, there is pressure to do more runs of the same truck, preparing more orders in the same amount of time. Assistive technologies can help support awareness for trained drivers, and reduce costly damage to goods.
In many markets, the logistics sector faces a severe labour shortage. Where temporary or warehouse agency staff are used, it is very important to choose lift trucks that are intuitive and easy to operate. Truck ergonomics are also important, so drivers are comfortable, confident, and productive.
Lift trucks are contributors to emissions, which is driving a move towards electric forklifts. Sustainable solutions such as lithium-ion lift trucks offer the benefits of opportunity charging and long battery life to help keep operations running across long shifts.
What’s your challenge?
Download our latest white paper to learn more about the challenges facing materials handling operations in the logistics industry.
Visit our website for more information on solutions for logistics industry challenges, or contact your local Hyster distribution partner to talk about your particular needs.