Archive for July, 2021
When companies run out of space to store products, they have two choices: buy or lease a new building or warehouse, or better utilize the current space. Many factors are involved when a company decides which one to choose, but optimizing the area is often the more cost-effective long-term solution.
Here are three significant benefits of optimizing a warehouse, distribution center, or other space:
- Store more products in the same amount of space.
- Increase fulfillment times with less travel time in between picks.
- Minimize total cost of doing business.
The first step in optimizing a warehouse often includes reconfiguring to include narrow aisles. The next step is to use the most efficient forklift for the new narrow aisle space.
Let’s look at four different ways to configure a 50,000 square foot warehouse with pallet racking 23 inches wide, 48 inches deep, and 60 inches tall. Each rack holds pallets stacked four high.
In these four examples, you’ll see how narrowing the aisles and using the correct type of forklift can increase the number of pallet positions in the same amount of space.
In the first example, the aisles are 12 feet wide with single-deep pallet racking. This configuration can store 4,572 pallets with a Toyota 4-Wheel Electric forklift.
Aisle width: 12 feet
Pallet positions: 4,752
Forklift: Toyota 4-Wheel Electric
In the following example, the aisles are 9 feet, 6 inches, with single-deep pallet racking. This configuration can store 5,400 pallets with a Toyota Electric Reach Truck.
Aisle width: 9 feet, 6 inches
Pallet positions: 5,400
Forklift: Toyota Electric Reach Truck
In the third example, the aisles are 10 feet, 6 inches wide and utilize double-deep pallet racking. This configuration can store 6,912 pallets with a Toyota Electric Double Reach Truck.
Aisle width: 10 feet, 6 inches with double-deep pallet racking
Pallet positions: 6,912
Forklift: Toyota Electric Double Reach Truck
In the last example, the aisles are 6 feet wide with single-deep pallet racking. This configuration can store 6,695 pallets with an Aisle-Master Articulating Very Narrow Aisle Truck.
Aisle width: 6 feet
Pallet positions: 6,695
Forklift: Aisle-Master Articulating Very Narrow Aisle Truck
Our experts can help optimize site productivity and minimize the total cost of ownership by synchronizing racking, conveyors, storage containers, and handling equipment. The results create the ideal material handling footprint to achieve a company’s operational goals.
Ready to get started designing your new warehouse space? Contact us today!
Generate Additional Revenue with SCT’s Smart Rebates™ Program
Get paid quarterly for switching to electric forklifts. CARB offers incentives to zero-emission electric equipment owners. Electric forklift owners in California can earn cash incentives from California Air Resources Board (CARB) Low Carbon Fuel Standard (LCFS). Depending on the type of equipment and the equipment’s usage, current quarterly payments range from $75 to $300 per forklift/truck.
Eligible material handling equipment:
- Electric forklifts
- Electric pallet jacks
- Electric order pickers
- Electric walkie riders
- Electric reach stackers
- Yard Truck
Smart Rebates™ Program Details
The Smart Rebates™ program is an energy rebate program managed by our partner, Smart Charging Technologies LLC (SCT), that allows Toyota Material Handling Solutions (TMHS) client companies to receive rebates from the California Air Resources Board (CARB) through the Low Carbon Fuel Standard (LCFS). To alleviate the complexity of navigating the CARB and LCFS program, SCT will administer and manage these rebates on behalf of TMHS client companies while allowing its customers to receive a steady stream of revenue from the LCFS program. SCT services will be fully covered from LCFS revenue streams with no out-of-pocket costs to TMHS customers.
Benefits to Customers
As a participant in the program, your company will receive quarterly payments based on the electricity used by forklifts and other material handling equipment (MHE). Typical earnings vary depending on the type of equipment and usage and can range from $75 to $300 (or even more) per forklift per quarter for as long as your company remains enrolled and qualifies for LCFS credits. Payments are made on a quarterly basis and are typically paid out within ~3 months after the end of the reporting quarter. Note that electricity usage, and subsequent earnings, can vary due to several factors such as equipment mix (class 1, 2 or 3 trucks), load weights and lifting heights, duty cycle, battery charger efficiency, and business seasonality.
How to Earn Smart Rebates
TMHS customers must opt-in and give Smart Charging Technologies permission to manage their environmental attributes. An environmental attribute is generated from each kWh of electricity used in your electric forklift trucks and certain other electric or alternative-fueled vehicles and equipment. Smart Charging Technologies will then sell the environmental attributes on a quarterly basis to create revenue for the companies that enroll and opt-in to Smart Charging Technologies Smart Rebates Program.
How to Participate
- Customer contacts Toyota Material Handling Solutions (TMHS)
- Smart Charging Technologies (SCT) performs site audit
- SCT estimates projected LCFS/CFP credits
- Customer enrolls in the SCT Smart Rebates™ program
- SCT calculates and files quarterly reports
- SCT aggregates credits; and brokers/sells credits
- SCT distributes cash rebates to customers
Contact Us and mention “Smart Rebates™” or fill out the form above to start generating additional revenue!