Engineering.com - February - The Hidden High Costs of Inventory Storage
The Hidden High Costs of Inventory Storage
On paper, a company’s inventory is considered an asset, but in practice this may not hold true. Although inventory costs vary significantly between industries, they are always high. The standard rule of thumb puts carrying costs at 25 percent of inventory value.
The Solution: Think Vertical
Vertical lift modules (VLM) are fully enclosed automated storage units containing trays accessed by a lifting platform with an inserter/extractor. The trays are delivered to operators at an ergonomic height for easy access.