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Casual Articles - Rack up the Value
Proposed Business Opportunity Rules and Mandatory Disclosures confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection.All franchise companies have mandatory pre-sale disclosures to all buyers and in many states there are required disclosures for Business Opportunities, but not all states. The Federal Trade Commission (FTC) is proposing separating the “Franchise Rule” and have a special category for Business Opportunities and in these new proposed rules Business Opportunities no matter if their states has no disclosure rules would have to disclose certain information to all buyers.In the FTCs proposed rule making official report they have come up with what they believe will be fair to all consumer buyers of Business Opportunities (Biz Ops) and below is an excerpt;“Reduced Mandatory Disclosures”“The proposed Business Opportunity Rule conta Usually, the forklift that operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also increase your rate of picking per man hour, again increasing your ROI. Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retrieval time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined weight of the double stack must not be more than what the forklift is able to handle. These are just a How Can Busy Entrepreneurs Recognize and Solve Business Problems? The way you set things up can pay off greatlyWhat Are You Missing? Start-up executives can become too close to the project, to busy managing the minutia, and stretched too thin due to lack of staff, time and financial resources to notice the flaws in their plans. In most cases, the work is extremely hard and requires numerous, long hours that turn into days and then turn into months. It becomes difficult for the Founders, and executives to stay focused on the critical tactics and strategies necessary to lift their company to the next phase in growth.Meetings with trouble-shooting Consultants or venture Coaches can help Founders navigate through the challenging times and rough waters of launching a startup. Experienced Consultants know how to walk the fine line between enthusia As an inside sales representative for a major material handling company, half of the phone calls I receive start the same way: “I’m looking for racking.” It’s a promising start, but it’s usually followed by, “I’m not sure how much I need,” “I don’t know what kind I need” or “I am new to this.” I could be hundreds or even thousands of miles away from these potential customers and their problems, but with the help of faxes, email, the Internet and digital cameras, we are usually able to share enough information to develop a proposed layout and a request for quotation. People new to the warehouse or purchasing start out knowing that they have product sitting on the floor taking up space needing to utilize their vertical space better. After all, they are not just paying for square footage; they are heating, cooling and maintaining a three-dimensional space. Even more importantly, that vertical space is a wasted asset that could be used to store needed inventory and can free up floor space for more productive uses. What else do you need to know? In just a few minutes, you can gather all the information you need before calling your sales representative. This includes: The length, width and height of a single pallet that has product on it. The weight of the pallet with product. The clear height on the warehouse – that is, the actual usable inside height of the warehouse at its lowest and highest points. Your forklift’s specifications, especially dimensions and lifting capacity. The length of the rows of racking you wish to create. The number of pallets you wish to store. Decide whether you want used, renewed or new material. Drive in for More Space Let’s start with the last one first. Face it, racking is racking. It rarely becomes obsolete because of new technology. If your needs can be met by quality refurbished racking, you will save money. However, in order to be certain that your needs will be met, make certain you trust your supplier and the refurbishing process they employ. Most material handling vendors that deal in used and renewed equipment have finely tuned their methods of pricing in order to give you a quote based on the information listed above. Let’s use drive-in racking as an example. Drive-In racking is a type of “last in, first out” (LIFO) racking meaning product is loaded as far back in the rack as it will go. When unloading, the nearest available pallet is selected from the same side, as opposed to a FIFO (first in, first out) system where you usually load the product from the rear. In FIFO applications, product either flows to the forward of first position on a conveyor or it will be driven through the system. Drive-in systems are widely used throughout the warehouse industry in places that have large volumes of pallets to store and seek an affordable, dense pattern. If you have a warehouse with clear floor space, high ceilings and hundreds of pallets to store on a tight budget, the choice is simple. Instead of creating a maze of rows and aisles, as you would with standard selective pallet racking, you create one large grid with access on a single side to drive in. Keep in mind that the space savings are not the only benefit you will realize, although an estimated 80-85% space utilization can be achieved. Another factor in calculating your return on investment (ROI) is the potential savings in labor, equipment, product damage and operating costs. Even so, gaining 50% more capacity to store your loads in an existing space can be very attractive when you consider the cost of additional warehouse space. Instead of figuring out which direction you are going to grow and how big an addition you will need for your building, you will instead think of the things that you can do with the space left over after consolidating. Advantages of a Clean Floor After doing away with selective pallet racking and consolidating into one easy to access area, you will soon realize the rest. You will instantly notice that you are no longer driving down aisles to find product, turning corners and dodging the pallets that have been left on the floor, obstructing your path. Another noticeable difference is that there are fewer upright frames that can be damaged. Once you turn into the drive-in system past the front uprights, your forklift is between a set of drive-in rails on which the pallets rest (except the bottom one). The product is further protected if the system is designed to allow only pallet loads that are confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection. Usually, the forklift that operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also increase your rate of picking per man hour, again increasing your ROI. Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retrieval time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined weight of the double stack must not be more than what the forklift is able to handle. These are just a Case Study; Motivating Owner Operated Franchisees in a Franchise Company can gather all the information you need before calling your sales representative. This includes:Motivating individual franchisees in a franchise Company is very difficult work especially when these franchisees are all or operators and participate in the day-to-day operations other businesses. Having been founder of a franchise Company we always use creative ways to set the tone and motivating our franchisee team members during regional and annual meetings.Below is an excerpt from a regional team meeting speech, which I gave to one of our Midwest franchise group;“Your personal business goals can be achieved with lots of hard work on your part and still stay within our main System wide sales goal by letting us know which way you want to grow in your territory. If you are in a cold climate and want to change your market mix The length, width and height of a single pallet that has product on it. The weight of the pallet with product. The clear height on the warehouse – that is, the actual usable inside height of the warehouse at its lowest and highest points. Your forklift’s specifications, especially dimensions and lifting capacity. The length of the rows of racking you wish to create. The number of pallets you wish to store. Decide whether you want used, renewed or new material. Drive in for More Space Let’s start with the last one first. Face it, racking is racking. It rarely becomes obsolete because of new technology. If your needs can be met by quality refurbished racking, you will save money. However, in order to be certain that your needs will be met, make certain you trust your supplier and the refurbishing process they employ. Most material handling vendors that deal in used and renewed equipment have finely tuned their methods of pricing in order to give you a quote based on the information listed above. Let’s use drive-in racking as an example. Drive-In racking is a type of “last in, first out” (LIFO) racking meaning product is loaded as far back in the rack as it will go. When unloading, the nearest available pallet is selected from the same side, as opposed to a FIFO (first in, first out) system where you usually load the product from the rear. In FIFO applications, product either flows to the forward of first position on a conveyor or it will be driven through the system. Drive-in systems are widely used throughout the warehouse industry in places that have large volumes of pallets to store and seek an affordable, dense pattern. If you have a warehouse with clear floor space, high ceilings and hundreds of pallets to store on a tight budget, the choice is simple. Instead of creating a maze of rows and aisles, as you would with standard selective pallet racking, you create one large grid with access on a single side to drive in. Keep in mind that the space savings are not the only benefit you will realize, although an estimated 80-85% space utilization can be achieved. Another factor in calculating your return on investment (ROI) is the potential savings in labor, equipment, product damage and operating costs. Even so, gaining 50% more capacity to store your loads in an existing space can be very attractive when you consider the cost of additional warehouse space. Instead of figuring out which direction you are going to grow and how big an addition you will need for your building, you will instead think of the things that you can do with the space left over after consolidating. Advantages of a Clean Floor After doing away with selective pallet racking and consolidating into one easy to access area, you will soon realize the rest. You will instantly notice that you are no longer driving down aisles to find product, turning corners and dodging the pallets that have been left on the floor, obstructing your path. Another noticeable difference is that there are fewer upright frames that can be damaged. Once you turn into the drive-in system past the front uprights, your forklift is between a set of drive-in rails on which the pallets rest (except the bottom one). The product is further protected if the system is designed to allow only pallet loads that are confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection. Usually, the forklift that operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also increase your rate of picking per man hour, again increasing your ROI. Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retrieval time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined weight of the double stack must not be more than what the forklift is able to handle. These are just a Industrial Metal Detectors in racking as an example.Industrial metal detectors offer maximum protection against ferrous, non-ferrous metal, and stainless steel metal contamination. Industrial metal detectors are used in a variety of applications. The typical areas covered are food, dairy, pharmaceutical, paper, rubber, medical, cosmetics, plastic, textile and chemical industries. Industrial metal detectors are highly successful in preventing downstream equipment from damage. These are also very useful for detecting weapons and bombs in packages or on people.Different types of industrial metal detectors including underwater metal detector, airport metal detector, walk-through metal detector and handheld metal detector are available in the stores. Underwater metal detectors are widely use Drive-In racking is a type of “last in, first out” (LIFO) racking meaning product is loaded as far back in the rack as it will go. When unloading, the nearest available pallet is selected from the same side, as opposed to a FIFO (first in, first out) system where you usually load the product from the rear. In FIFO applications, product either flows to the forward of first position on a conveyor or it will be driven through the system. Drive-in systems are widely used throughout the warehouse industry in places that have large volumes of pallets to store and seek an affordable, dense pattern. If you have a warehouse with clear floor space, high ceilings and hundreds of pallets to store on a tight budget, the choice is simple. Instead of creating a maze of rows and aisles, as you would with standard selective pallet racking, you create one large grid with access on a single side to drive in. Keep in mind that the space savings are not the only benefit you will realize, although an estimated 80-85% space utilization can be achieved. Another factor in calculating your return on investment (ROI) is the potential savings in labor, equipment, product damage and operating costs. Even so, gaining 50% more capacity to store your loads in an existing space can be very attractive when you consider the cost of additional warehouse space. Instead of figuring out which direction you are going to grow and how big an addition you will need for your building, you will instead think of the things that you can do with the space left over after consolidating. Advantages of a Clean Floor After doing away with selective pallet racking and consolidating into one easy to access area, you will soon realize the rest. You will instantly notice that you are no longer driving down aisles to find product, turning corners and dodging the pallets that have been left on the floor, obstructing your path. Another noticeable difference is that there are fewer upright frames that can be damaged. Once you turn into the drive-in system past the front uprights, your forklift is between a set of drive-in rails on which the pallets rest (except the bottom one). The product is further protected if the system is designed to allow only pallet loads that are confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection. Usually, the forklift that operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also increase your rate of picking per man hour, again increasing your ROI. Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retrieval time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined weight of the double stack must not be more than what the forklift is able to handle. These are just a Pre-Money vs. Post-Money Valuation otential savings in labor, equipment, product damage and operating costs.When a company decides that it must raise capital, a key question that must be answered is how much the company is worth. For example, if the business needs $500,000 to get started and/or grow, how much of the equity in that company should $500,000 command? Once this question is answered, the company will go out and try to find investors. When doing so, a key question often arises as to whether the valuation is “pre-money” or “post-money.”“Before the money" or “pre-money” and "after the money" or “post-money” denote simple concepts. However, these simple concepts can even confuse even the most sophisticated analysts at times. If a company is valued at $1 million on Day 1, then 25 percent of the company is worth $250,000. However, there Even so, gaining 50% more capacity to store your loads in an existing space can be very attractive when you consider the cost of additional warehouse space. Instead of figuring out which direction you are going to grow and how big an addition you will need for your building, you will instead think of the things that you can do with the space left over after consolidating. Advantages of a Clean Floor After doing away with selective pallet racking and consolidating into one easy to access area, you will soon realize the rest. You will instantly notice that you are no longer driving down aisles to find product, turning corners and dodging the pallets that have been left on the floor, obstructing your path. Another noticeable difference is that there are fewer upright frames that can be damaged. Once you turn into the drive-in system past the front uprights, your forklift is between a set of drive-in rails on which the pallets rest (except the bottom one). The product is further protected if the system is designed to allow only pallet loads that are confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection. Usually, the forklift that operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also increase your rate of picking per man hour, again increasing your ROI. Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retrieval time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined weight of the double stack must not be more than what the forklift is able to handle. These are just a Business Fit confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection.I have been an entrepreneur for over twenty years and have absolutely embraced information that would help maintain a well managed and profitable business. We have been a part of the information era for sometime now. As business owners, we have access to more information than ever in this generation of technology. But how can we use this technology to aid our business?Today's business environment creates both opportunities and challenges. Powerful technology, including the internet, provides access to global markets and increases your potential for incredible gains. However, managing the technology and taking advantage of the opportunities it provides can be very threatening for small business owners who lack an extensive budget and a Usually, the forklift that operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also increase your rate of picking per man hour, again increasing your ROI. Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retrieval time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined weight of the double stack must not be more than what the forklift is able to handle. These are just a few of the things you can think about before calling your sales representative. Other issues will come up before you make your purchasing decision, but a little planning can save a lot of time.
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