It's a mixed forecast for material handling stakeholders. On the one hand, prices are improving and equipment wait times are coming down. On the other, economic hardships and labor challenges continue to cloud the future.

How can facilities stay ahead? To find out, we went straight to Jason Laws, who estimates he and his team have spent countless hours talking with 10,000 material handling executives. In the process, Laws, TFS's Market Development Manager, has not only gained deep insights into the issues facing facilities, he has crafted solutions that increased uptime and saved money.

The only thing that’s remained constant in material handling during the past few years is change. That’s already continued in 2023 as economic predictions are already shifting from a definite recession to the economy remaining on a growth trajectory.  The advanced technology and social shifts in terms of workforce and consumer demand volatility make this a difficult management environment for facility leaders.