Automated materials handling: ISC Industry Group releases Fall 2009 quarterly report
The report takes a new look at automated materials handling's return on investment.
Staff -- Modern Materials Handling, 10/8/2009
The Integrated Systems and Controls (ISC) Industry Group of Material Handling Industry of America (MHIA) has released it's Fall 2009 Quarterly Report – “A New Look at Automated Material Handling’s Return on Investment.” The report asserts that total value of ownership (TVO) is making its mark in the justification of automated systems.
By focusing on technology’s value, companies realize how a capital investment will reduce direct labor, and enable process, technology, and service innovations to the benefit of their customers.
That said, there is a shift underway in evaluating systems. Total cost of ownership (TCO) has been a prominent factor. However, Beumer’s John Sarinick, chairman of the Integrated Systems and Controls (ISC) Council of MHIA, says “total value of ownership (TVO) is supplementing TCO in the ROI formula.”
View the complete report — A New Look at Automated Material Handling’s Return on Investment.
Quarterly Reports are a new information source from several Industry Groups of MHIA. Each report will focus on trends in the use of material handling and logistics equipment, such as guided vehicles or automated storage, to solve challenges in the plant and warehouse ranging from ROI to sustainability to productivity in the new economy.
Members of MHIA Industry Groups are suppliers of material handling and logistics equipment and systems. These industry experts make it their business to evaluate operational challenges and solve them efficiently and cost effectively. That makes them authoritative sources for solutions to challenges that end users face on a daily basis.
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