MHEDA Edge focuses on managing in down economy.
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Press Release Summary:
Taking in-depth look at current economic crisis, October issue of MHEDA Edge analyzes how material handling distributors can make the most of the situation. Edge asked industry veteran Matt Senecal for his take on how to streamline material handling dealership. Found in the On The Job section of magazine, article analyzes key departments of distributorship and breaks down opportunities that can help start process of improvement.
Original Press Release:
Managing in a Down Economy
Optimize your material handling dealership.
Dewitt, NY - October 19, 2009: The October issue of MHEDA Edge takes an in-depth look at the current economic crisis and analyzes how material handling distributors can make the most out of the situation. To aid in the effort, the Edge asked industry veteran Matt Senecal for his take on how to streamline a material handling dealership. What he had to say proved to be both unique and useful information and it can be found in the "On the Job" section of the magazine.
According to Senecal, expected new truck sales are forecasted at only a fraction of what they were in previous years, and capital budgets are not allowing many new equipment purchases. He suggests that logic would dictate that distributors hunker down, ride out the storm and do what is necessary to survive. However, says Senecal, a down economy presents an opportunity for distributors to evaluate every facet of their operation.
To demonstrate this, the article analyzes the key departments of a distributorship and breaks down opportunities that can help start the process of improvement. The article is broken up into three main sections: sales management, service department management and parts and rental management. Each section is then broken down into two sections, highlighting both internal and external processes that can streamline each department.
To find out all the details of Senecal's strategies, be sure to visit www.mhedaedge.org and check out MHEDA Edge, the foremost online magazine for young professionals in the forklift, storage and handling, conveyor and general material handling industries.
For more information, contact Dan Vest, Editor of The MHEDA Edge, (315) 445-2347, e-mail: dan@datakey.org.
About MHEDA
Founded in 1954, the Material Handling Equipment Distributors Association (MHEDA) is the premier source for manufacturing knowledge, education and networking. Through its member journals (www.TheMhedaJournal.org), e-magazines, newsletters, and industry wiki (www.wikimheda.org), MHEDA connects the manufacturers of storage and handling, lift trucks and conveyor equipment and distribution leaders for the purpose of delivering optimal solutions to the users of those products. MHEDA publications are the industry's voice for all matters related to the latest technology and the most up-to-date processes spanning the movement and storage of all materials. A 501(c)3 organization, MHEDA members span all of North America.
