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How Are You Investing Your Equipment?
By now most people know of Warren Buffet, the self-made billionaire that once held the crown as the wealthiest man in the world. He started his own business as an adolescent selling candy & soda and bought his first stock at the age of 11. It was this interest in the stock market that would later propel his status as an investment guru using the “buy and hold disciple”. The buy and hold investment strategy is considered to be one of the most successful investing principles that has ever been introduced. Under this principle the investor buys an asset and then holds this investment for a long period of time […]
What is an AGV and are they right for your Company?
With intentions of increasing efficiency and reducing costs, AGV’s are becoming more popular throughout manufacturing plants, warehouses and distribution centers. What is an AGV? It is a driverless vehicle used to handle material in diverse applications, some of which are assembly, kitting, order picking, towing, and loading trailers. Both standard and customizable Automated Guided Vehicles (AGVs), offer customers the abilities to transport loads from small parts to heavy pallets. AGVs use different forms of navigation, such as following magnetic tape on the floor, taking pictures of its surroundings, or utilizing a laser scanner. Are AGV’s right for you? Something to consider if you answer yes to one or more: Are […]
What is a TM&R Agreement and why should I have one?
TM&R stands for Total Maintenance and Repair. A TM&R agreement will generally provide a number of different services – at a fixed monthly or hourly cost – to the equipment user to keep their material handling fleet running. In most cases these services include all normal and scheduled maintenance. Many agreements also provide for replacement equipment to be supplied at no additional cost if the provider is unable to repair a piece of equipment in a reasonable time frame. A TM&R agreement can be very beneficial to most any industry. Among the benefits are: Guaranteed up-time for the customer’s equipment. We guarantee your productivity will not drop due to material […]