______________________________________________________________________________________________________ Hyster-Yale

Turning to current challenges , Tracy explains : “ Nationwide labor shortages are impacting several industries in numerous markets , including us . From local plants to our suppliers , skilled labor is currently very hard to come by , with certain tasks more stretched than others , like welding , for example . One of the ways in which we ’ re tackling this is by duplicating our supply base in different regions to ensure we have strong working relationships in various areas of the world .

“ Another way we ’ re navigating labor shortages is by utilizing robotics . We ’ re seeing less people wanting to work in manufacturing environments , and robotics can help us to make these areas more attractive to employees .”

While these are shorter term solutions , Tracy also highlights that Hyster-Yale is working on long term solutions to attract new talent . “ We utilize college internships in some keys functions of our business like in product development where we train interns in technical engineering ,” he details .

“ We ’ re also developing our own internal training programs to upskill our existing employees in areas like welding and painting . In Kentucky , where one of our plants is located , we ’ re working alongside the local government to support a technical school in the area . We ’ re raising its profile with the aim of expanding awareness to a larger footprint , part of which is cooperating with schools to get students interested in engineering or technical training from an early age .”

Data driven

Technology and analytics are also crucial aspects that Hyster-Yale is considering when it comes to the supply chain . “ We ’ re working through analytics in our system

USA | CHINA | INDIA | EUROPE | MEXICO

WE ARE AN INTEGRATED GLOBAL SOLUTIONS PROVIDER

“ ONE STOP SHOP ”

BTS5 AMERICA

BTS5 EUROPE

BTS5 INDIA

BTS5 CHINA

• Foundry

• Machining

• Finished Painting

• Assembly

• Sourcing

• Logistics

• Warehousing

• Multi-language services team

Our key partnership with industry leader Hyster Yale Group enables us to seamlessly integrate our expertise , thereby optimizing their operations .

As a premier supplier of castings and machining products , we harness our extensive industry knowledge and global network to deliver cost-effective , top-quality parts .

Our success is founded on the support of our valued customers , and we deeply appreciate the longstanding partnership we ’ ve cultivated with Hyster Yale Group over the years .

CONTACT US FOR MORE INFORMATION : Info @ bts5inc . com

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