TFS Blog

Optimize your material handling fleet with the latest tips, tools, and insights into your supply chain management.

Active fleet management: Are you going the distance?

At TFS, we talk to a lot of companies about material handling. What we’ve found is that most businesses don’t even realize they’re not actively managing their forklift fleets and facilities.

Yes, it’s absolutely true that most are doing some sort of management, but when we crunch the numbers to demonstrate how much money they’re leaving on the table, they’re stunned. 

That’s because active fleet management means more than just dealing with a vendor to choose forklifts and negotiate a monthly payment.

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Oct 10, 2022 10:52:26 AM

10 Ways Telematics Can Help You Cut Costs and Increase Safety

There’s no understating the power of data. And when it comes to keeping material handling facilities running at peak safety and efficiency, telematics has a crucial role to play.

While telematics—a term that blends "telecommunications" and "informatics"—may seem like the hot new buzzword, it’s not. Telematics, which describes the process of collecting and assessing data from warehouse vehicles and equipment through remote telematics systems (e.g., sensors, GPS systems, onboard diagnostics, etc.), has been in use for about two decades and has become increasingly sophisticated.

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The Fleet, Facility & Safety Roundup | Why You Should Be Reassessing Your Material Handling Right Now

Welcome to the Fleet & Facility Roundup! We’ve curated the latest, most practical news to help you keep up with material handling developments and insights.

Our takeaway this month? Inflation is up, lead times are still long, and the supply chain remains chaotic, so it’s safe to say that the end isn’t in sight yet. In short, it’s an ideal time to assess what actions you and your company have taken so far and see what efforts are paying off and which need to be redirected.

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Aug 30, 2022 3:41:50 PM

Striking a balance: Blending “Just-in-Time” and “Just-in-Case”

Many companies have migrated to “just-in-time” inventory management to optimize their production lines, but it’s safe to say that the last few years have made that ultra-low inventory strategy much more challenging. 

But moving back to an inventory-heavy “just-in-case” plan can be costly and cumbersome, especially when you have to rethink almost everything about your facility. So, what’s the solution?

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Aug 23, 2022 12:15:00 PM

5 Ways Flexible Fleet Financing Can Help Control Your Company’s Material Handling Costs

The pandemic, inflation, supply chain issues, labor shortages, and more: companies are grappling with one of the most unpredictable times in modern history—and material handling has been hit especially hard. While it may feel that you have no effective way to control costs, the good news is that you likely have many more options than you think.

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May 23, 2022 9:00:00 AM

10 Ways to Take The Sting Out of Long Equipment Lead Times

In the market for a new forklift? Be prepared to wait. With order lead times stretching from six months to over a year (and beyond), companies waiting to replenish their fleet are challenged to make do with what they have until their shipment comes in. 

“Before this, a lot of companies were used to being reactionary with their orders because the supply chain was so wide open and you could get your hands on the things that you needed within the relative time frame,” says Ryan Boyd, TFS Vice President, Racking and Automation. "With today's supply chain issues and lead times, companies need to be more proactive and think about the bigger picture sooner rather than later."

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The Supply Chain Roundup | What You Need to Know to Tackle Supply Chain Disruption

It’s officially Spring! As if the world didn’t have enough going on already, unexpected things continue to crop up, such as the first Amazon union and the Ever Given’s sister ship, which also got stuck, exemplifying the worst kind of sibling rivalry.

To help you keep up, we curate all the need-to-know material handling news every month—so read on!

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Apr 11, 2022 5:16:00 PM

The TFS MODEX Download - Top Takeaways You Need to Know to Get You Beyond 2022

We spoke with three TFS executives who were at MODEX to get their takes on the show. Here are the six top takeaways you need to know to get you beyond 2022. Everyone seemed to agree that automation had stronger representation than ever before, but even the more traditional technologies had morphed in new and interesting ways. In short, there’s a lot of exciting change going on.

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5 Ways Private Equity Firms Increase Value Via Third-Party Fleet Management

Finding operational savings and efficiencies can feel like squeezing blood from a stone. This is as true for CFOs as it is for private equity firms seeking optimal value from their investments. But as many dealing with material handling operations have discovered, optimization can be as simple as partnering with a forklift fleet management specialist.

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The Supply Chain Roundup | How to Prepare for Uncertainty

Last time, we said that “2022 promises to remain a rollercoaster” and that turns out to have been an understatement. While we can’t possibly keep you up-to-date with the firehose of information that is the state of the world, the Supply Chain Roundup can curate the most valuable and innovative takes on supply chains, logistics, and material handling. If you'd like to sign up to receive it via email once a month, please subscribe (if you don’t already)!

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