Seegrid Corporation

Unsaleable Rates Too High Due to Forklifts

 

Pittsburgh, PA -- (ReleaseWire) -- 07/23/2014 -- In the whitepaper "Forklift-Free: Driving Safety and Profitability” it is reported that forklifts transporting palletized goods often result in product and pallet damage, and unsaleable merchandise. In the 2008 Joint Industry Unsaleables Report: The Real Causes and Actionable Solution, the Grocery Manufacturers Association (GMA), Food Marketing Institute (FMHI), and Deloitte reported that 2007 industry survey data showed manufacturers’ unsaleables rates range from 0.4% to 2.64%, averaging 0.83% of gross sales. Retailers’ and distributors’ unsaleables rates range from 0.24% to 2.78%, averaging 1.21% of gross sales. The report shared an example of what this data means for a $5 billion manufacturer and retailer. Unsaleables for a manufacturer represent a cost of $41 million on average. Unsaleables cost for a retailer before reimbursement is $60.5 million on average.

The whitepaper includes an intensive thought-provoking analysis and objective data about employee injuries and deaths, cost burdens associated with forklift accidents and citations. There is also information about high labor wages, expensive training programs, and scarce labor availability and manufacturers' unsaleable rates.

The information included examines lean alternative for manned forklift transport as part of continuous process improvement strategies.

To obtain this new whitepaper go to: http://info.seegrid.com/forklift-free-white-paper

About Seegrid
Seegrid Corporation (http://www.seegrid.com) is the global leader of robotic vision-guided automated guided vehicles (AGVs). Seegrid AGVs are revolutionizing the movement of materials handling in manufacturing and distribution environments with simplicity, flexibility, and affordability. Robotic pallet trucks, tow tractors, and walkie stackers optimize workflow processes by increasing productivity and reducing labor and operating costs, creating economic and operational advantages. Seegrid AGVs improve workplace safety, reduce equipment and product damage, and deliver a rapid return on investment. The company’s state-of-the-art navigation technology requires no infrastructure for navigation—no wires, lasers, tapes, or magnets. Guided by Seegrid partnerships with leading global industrial truck manufacturers provide businesses with a choice when selecting a brand of robotic vision-guided AGVs. Seegrid and Guided by Seegrid products are available throughout Europe. In addition to the 2014 Edison Award, Seegrid was named Manufacturer of the Year and the Food Logistics Top 100 software and technology providers. Follow on Twitter @Seegrid.

Seegrid Corporation-Europe
http://www.seegrid.com
Amanda Merrell
Marketing Director
amerrell@seegrid.com
412-379-4500