Navigating the Shift: Adapting to the changing forklift market
In the ever-evolving landscape of the forklift industry, staying ahead of market trends is crucial for resellers to maintain a competitive edge. Recent data on our platform indicates a significant shift in the market dynamics compared to January 2023, with the number of machines available for sale experiencing a notable 40% increase. Since mid-2023, the market for forklifts has transitioned from being predominantly seller-driven to...
February 2024 jumps to a strong 150 new Industrial Manufacturing Planned Projects
Industrial SalesLeads has announced the February 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity, including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 150 new projects in the Industrial Manufacturing sector as compared to 150 in...
Data-driven decision making
One of the MHEDA’s 2024 Material Handling Business Trends states, ‘Technology is profoundly impacting the material handling industry including artificial intelligence, digital automation, data-driven decision-making, and the integration of advanced systems that optimize efficiency, productivity, and safety. Members must have a clear understanding of emerging technologies.’ Let’s dissect that statement, in particular explore the topic...
Are you a sales leader or a sales chaser?
I grew up in Haddonfield, New Jersey. We lived at the corner of the busiest intersection in town. I was 15 years old when we got a puppy named “Thing-a-ma-jig.” The cutest, friendliest mutt-puppy you ever saw. One morning, about a week later, I opened the front door to get the paper — and the puppy got loose. She started running as fast as she could — right for the traffic. I started chasing her — hopelessly for five blocks, across...
2024 MHEDA Convention & Exhibitor Showcase
According to Albert Einstein, “The measure of intelligence is the ability to change.” Change is all around us, what are you doing to prepare your team, your business and yourself? If you are looking to stay connected with hundreds of your material-handling peers and in tune with the latest industry trends, then be sure to join MHEDA April 20-24 for the 2024 Annual Convention in San Diego, California. This year’s theme, “Riding the...
Asking the right questions
We ask questions all the time. At work, at home, amongst friends. Often, we ask questions that we already know the answer to, and other times, we ask questions that validate our existing perceptions. But in business, when we’re trying to find answers to complex, layered, multi-faceted problems, we need excellent questions to get the answers and insights we need to make the best decision possible. But we’re usually pretty...
Gordon Report: The current U.S. Labor-market conundrum
The February 2024 BLS jobs report showed a surge of 353,000 jobs added in January, more than double than what was predicted in economic surveys. This follows a gain of 330,00 jobs in December. Another surprise in this February report is that average hourly wages grew rather than holding steady. Over the past year, they have grown 4.5 percent. What factors may be behind these unexpected numbers? An average of 10,000 workers from the...
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