SmartLIFT Smart LABOR, INVENTORY AND FORKLIFT TRACKING SYSTEM. March 2014
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1 SmartLIFT Smart LABOR, INVENTORY AND FORKLIFT TRACKING SYSTEM March 2014
2 INTRODUCTION Page 2
3 LEVERS TO CONTROL OPERATIONAL COSTS Annual Warehouse Operating Costs Electricity Maintenance Personnel Operator / Driver Costs Trucks Operating Costs: The goal is always to reduce the cost per pallet move Safety & Insurance Costs Parts Inventory Control Costs Management Quality Costs Other Admin Costs Cost of order inaccuracies Inventory Shrinkage But what is/are the key lever(s) to affect cost per pallet move? Is it easy to pull these levers? Cost ($) per Pallet Move Bottom Line Page 3
4 LEVERS TO CONTROL OPERATIONAL COSTS Annual Operating Costs* FL Drivers 77% 1% Electricity 3% Safety / Insurance 3% Parts 5% Other Labor 11% Forklifts Driver Productivity: US average loaded driver cost is $42,000 / year x 2, 3, 4 shifts / vehicle How productive is your forklift fleet today? Do you really know? What is your fleet s maximum potential productivity level? * TCO statistics courtesy Crown Equipment Corp #Drivers & Driver Productivity are the biggest levers to control operational costs Page 4
5 SmartLIFT OVERVIEW Smart Labor, Inventory & Forklift Tracking Page 5
6 THE MISSING LINK: An Indoor GPS System Provides Data like a GPS 1. Location 2. Direction 3. Speed Up to 1 inch Accuracy Anywhere in the warehouse SmartLIFT The Missing Link: A Proven Indoor GPS Smart A Real Labor, Time Location Inventory System & Forklift for Forklift Tracking Fleets Flexible & Scalable Any building and any MHE Proven ROI Proven Solution Implementation Page 6
7 SmartLIFT Powered by TotalTrax Tracking System Components Overhead Position Markers Optical Label Reader Optical Position Sensor Indoor Positioning Sys: Practical, reliable works in any building Works for both bulk and rack storage Minimal or no lighting required Vehicle Terminal (customer existing) Lift Height Sensor Pallet Detector Page 7
8 SmartLIFT Powered by TotalTrax Can calculate real-time location by looking at just one marker! Page 8
9 FLEXIBLE & SCALABLE After-market installation on any brand or type of powered MHE Page 9
10 INVENTORY TRACKING Pallet moves are tracked Pallet location (x,y,z) recorded Track by location: Swisslog Warehouse Tracking System Tracking Inventory With the forklift being tracked, inventory can be tracked too! The real-time location of every pallet after the initial ID read is tracked Actual Virtual Inventory data is real time accurate and complete No wasted time hunting for pallets and open slots Page 10
11 AUTO-SCANNING Manual Scanning Auto-Scanning AUTO-SCANNING The driver does not scan a single label! Up to 8 to 10 seconds saved per move leading to a significant increase in productivity Inventory can now be tracked by tracking the x,y,z coordinates of the forklift Page 11
12 SOLUTION BENEFITS Increases Driver Productivity 20%-30% Decreases Forklift requirements 10%-30% Decreases Inventory Control and Quality Costs 20%-30% Decreases Safety Stock for Shrinkage by 10%-50% Page 12
13 BUSINESS INTELLIGENCE Improves and Extends your WMS & LMS Swisslog works with your WMS/LMS/ERP Get more out of your sunk investment Accurate, complete, real time data ERP Company-wide business processes It s all about the data! Automated vs. manual data collection Eliminates work without creating more overhead WMS Warehouse Logistics business processes See complete operations not just transactions 100% visibility Ultimate accountability and control Beyond knowing WHAT happened, but WHY? Tracking System Forklift related business process Forklift Equipment Location Data Page 13
14 BUSINESS INTELLIGENCE SmartLIFT Dashboard Screenshot Page 14
15 CASE STUDIES Page 15
16 EASTPACK (NEW ZEALAND) Fruit / Grocery Application Summary THE CUSTOMER: BACKGROUND 3 sites, First Implementation (Go Live 2008) PURPOSE Improved Productivity THE SOLUTION: IMPROVEMENTS MATERIAL HANDLING SOLUTION Picking: 30% Put away: 30% Reduction in product loss: 40% 16 forklifts with tracking system Forklift and Inventory Tracking System BENEFITS Payback in 7 months Downsized from 24 to 16 forklifts; 65% reduction in shipping penalties Page 16
17 US COLD STORAGE (PA, US) Freezer Application Summary THE CUSTOMER: BACKGROUND Go Live 2012 PURPOSE Improved Productivity and reduction in forklifts THE SOLUTION: IMPROVEMENTS* MATERIAL HANDLING SOLUTION Picking: 15% Putaway: 15% Relocation: 25% Replen: 10% 19 forklifts with tracking system Forklift and Inventory Tracking System Integration with existing WMS BENEFITS > $200,000 estimated annual savings through reduction of 3 trucks Reduction in cycle count and outbound inspection 6hr/day *Q vs. Q1 2013
18 THANK YOU FOR YOUR ATTENTION. For more information, please contact us: Sahil Patel Program Manager, SmartLIFT Ph. No Swisslog Logistics Inc. 161 Enterprise Drive Newport News, VA Booth# 7613 Page 18
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