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Business Trends

Designing Your Business for the 21st Century

How companies will succeed in the algorithmic era The 2018 MHEDA Convention Keynote Speaker, Mike Walsh, designs companies for the 21st century. Companies built to survive the future are no accident. They are a result of deliberate business design decisions smart leaders make today. In his ongoing research on the world’s most innovative companies, Walsh has organized these decisions into ...

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Ask Your MHEDA Board: Vision for the Future

“Given the 2018 Material Handling Business Trends as identified by MHEDA, what is your vision for the future of the industry?” Asked by Lisa Brink, Marketing Director Riekes Equipment, Omaha, Nebraska Doug Carson, VP Marketing / Sales, Fallsway Equipment Company, Akron, OH I believe the future of material handling will evolve along the lines of ever increasing automation. Advances in ...

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2018 Material Handling Business Trends

This year, MHEDA decided to rebrand its Critical Impact Factors to “Material Handling Business Trends.” The following trends were defined by MHEDA’s Executive Committee. They are defined as “critical” in that they are significant challenges or opportunities that have recently emerged or become pervasive and should be considered as members develop their internal business plans. 1 It is critical for ...

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Growth Expected for Most of the Industry in 2018

MHEDA dealers across the country expect growth, though Storage and Handling anticipates a slow down Each year in the 1st Quarter issue of The MHEDA Journal, we survey the industry to try to determine what can be expected from the economy in the coming year. To do this, we solicit forecasts from our partner associations like MHI (page 65), ITA ...

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MHEDA Suppliers Anticipating Continued Strong Growth in 2018

The mood on the supplier side of the material handling equation is generally upbeat going into 2018. While a few companies predicted their sales would soar by 30 percent or more, most saw growth in the 5-10% range. Several suppliers attributed their positive outlook to President Trump’s economic policies, but others were wary about what could happen if tax reform ...

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ITR Economic Forecast: A Positive Outlook for 2018

B-to-B will continue to be strong in 2018 and outperform B-to-C in 2019 ITR Economics CEO Brian Beaulieu will be presenting at the MHEDA Convention on Monday, May 7, 2018, at the Loews Miami Beach Hotel in Miami Beach, Florida. His presentation, “The Winds of Change” will discuss the current business cycle status of the U.S. and North American economy ...

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U.S. and Global Industry Continue to Enjoy Strong Markets

By Brian Feehan, President, ITA The global growth rate has been maintained at its strongest rate for the first time since 2010. The growth rate throughout 2017 has been above recent trends for both advanced and emerging economies and the acceleration has been more “synchronized” among the major economies than at any time since before the major financial crisis. This ...

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MHI Predicts Growth for Material Handling Equipment Manufacturing in 2018

By George Prest, CEO, MHI There are many reasons to be optimistic in the year ahead as MHI is predicting overall growth in Material Handling Equipment Manufacturing (MHEM) for 2018 and 2019. The economic outlook in the latter half of 2017 was generally positive, the International Monetary Fund (IMF) raised its global growth forecasts, and leading indicators – like global ...

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Conveyor Industry Shipments Rise

By Robert Reinfried Exec. Vice President, CEMA The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first 6 months of 2017 increased 9.09% compared to the same period in 2016, with total orders of $6.23 billion. CEMA estimates industry billed sales (shipments) for the first 6 months of 2017 increased 12.88% compared to the same ...

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Ask a MHEDA-NET Group: Paperless or Cloud-Based Systems

“Has your company considered converting to a paperless or cloud-based system? If so, what successes and challenges have you faced in implementing it?” Pete Roell, President Concept Storage Solutions Ltd, Vaughan, Ontario Canada Concept has not converted to a paperless system and we continue to store all of our information on our own server. We like the comfort of having ...

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