Supply Chain World Volume 12 Issue 2 | Page 56

_________________________________________________________________ Hyster-Yale Materials Handling, Inc.
Strengthening relationships
“ Reflecting back on these supply chain issues, Hyster-Yale focused on strengthening relationships with our suppliers throughout 2024. We dedicated time to closely collaborating and improving communications, ensuring our supply chains are consistently aligned for timely product deliveries. Additionally, we diligently worked on reducing
We are taking the time to understand our suppliers’ operations and collaborating with them to align expectations inventory levels which had accumulated as we worked to fulfill our manufacturing backlog.“ This year we’ re building upon our 2024 efforts, taking the opportunity to create more inventory efficiency gains by implementing fresh supply chain strategies including a onepiece flow system. This system functions by pulling parts all the way through our value chain from our suppliers into our factories and then to our customers, helping us optimize operations and foster greater overall efficiency. Not only does this provide us with enhanced inventory transparency, but it accounts for global supplier lead times as we source materials.
“ While the lift truck industry may not see the dramatic influx of bookings we saw a few years ago, it is expected to thrive and grow at a rate above GDP,” he predicts.“ We’ re preparing to leverage growth in the market and confirm we’ re as efficient as possible to maximize the opportunities we take on.”
Trusted Partner. Reliable Power.
At Kubota, we understand that your success depends on efficiency and reliability. That’ s why our commitment to engine quality is unwavering. With over 100 years of industrial engine experience and power solutions delivering up to 210 horsepower we can provide a dependable product that meets the performance needs of your equipment.
Trust Kubota as your partner to power your success.
Kubota Engine America | 505 Schelter Road, Lincolnshire, IL 60069 | + 1.847.955.2500 | kubotaengine. com
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