Bringing Li-ion to material handling markets
As lithium-ion power becomes more common in material handling industries, companies providing the batteries are working through current supply chain logistics and within the rare materials markets to get Li-ion power to customers. And some say they foresee the demand for lithium being strong through 2023. Green Cubes Technology is a business that develops and manufactures “safe and reliable electrification solutions that enable...
Whose customer is it anyway
Electrification in the material handling industry, electrified equipment, and fleets, are not just ‘buzz’ words anymore as much as they are business trends within our industry. As we continue to see this increasing trend of electrification of forklift fleets across our industry, many dealers and independent service providers are embracing this as part of their business strategy. They must also understand and be educated on...
The true cause of the Strategy-Execution Gap
When the strategy doesn’t deliver on anticipated expectations, the strategy-execution gap is the scapegoat. In fact, thousands of articles have been written on this phenomenon. For example, here’s one of the top results from a quick Google search: “What causes execution gaps? There are numerous potential causes of execution gaps, such as goals and timelines that are too ambitious, little to no clarity about the...
Section 1202: Small Business Stock Capital Gains Exclusion
Selling your business? What if I told you that you could exclude up to $10 Million from the sale of your business if you meet certain parameters? It is important business owners take note of the requirements as they are very important in order to qualify for the exclusion. Section 1202 of the Internal Revenue Code is a very beneficial tool and the exclusion and easily be applied to your sale. Section 1202 is known as the Small...
The U.S. Plastics Industry in 2022 in seven charts
The U.S. plastics industry continued to grow in 2022 against the backdrop of weaker domestic and global economic growth. Data shows that the U.S. economy’s output contracted in the first half of 2022 and was followed by what appears to be a tepid output growth rate in the second half of 2022. The manufacturing sector—plastics industry included—continued to adjust to domestic and global economies that have started to downshift into a...
Achieve a cleaner, low-carbon operation with propane
Forklifts are essential for any warehouse, distribution center, or production facility, and choosing the right energy source for forklifts has an immediate impact on operations and a lasting repercussions on the environment. Supply chains contribute significantly to a company’s carbon footprint. In fact, the carbon emissions in supply chains are, on average, four times those of a company’s direct operations. Forklift fleets are often...
Why we confuse tenure with experience
A tenured employee is someone who has worked for a company or organization for a number of years. Employees that have worked for a company for more than five years are considered long-tenured employees, while those that have worked for a company for less than five years are considered short-tenured employees. Employees with tenure usually have more expertise in their positions than others. But often, this expertise isn’t what we...
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