According to Supply & Demand Chain Executive, more managers are expected to invest in material handling equipment, as it’s been steadily growing by 5.5 percent each year. The news provider reports that the market will reach $190 billion by 2024.
Material handling equipment is a great way to make operations more efficient. According to Supply Chain 24/7, equipment such as bins can particularly come in handy when trying to quickly fulfill orders. Movable bins allow workers to put a group of items together, like if it is similar inventory or it is all going to the same delivery area. Bins can also come in handy when trying to fulfill items in the store, as it allows workers to take all of the inventory and roll it out to the shelves for restocking or an inventory change over.
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