The logistics industry is facing numerous challenges, including labor shortages, rising costs, and volatile market conditions. In this uncertain environment, businesses need to be prepared for whatever the future holds. As a project enabler, DLL can help companies prepare their logistics processes for an uncertain future by providing financial solutions for strategic investments into automation technologies.
Automating your logistics operations
One of the most significant factors driving the need for automation in the logistics industry is the ever-increasing cost and shortage of labor. Labor costs have been rising steadily in recent years, and many businesses are finding it increasingly difficult to keep up. This is particularly true considering the current labor shortage, which is affecting many industries.
At the same time, labor security is also becoming a critical issue. As the competition for labor increases, businesses need to find ways to ensure their workers are safe and secure. This means investing in technologies that can help automate dangerous or repetitive tasks, reducing the risk of accidents and injuries.
By automating now, businesses can prepare themselves for the upswing when it arrives, ensuring they are well-positioned to take advantage of new opportunities and meet the demands of their customers.
There are many different types of automation technologies available to businesses today, such as AGV/AMR systems, vertical lifts, shuttle systems, high bay or mobile racking systems, and critical software including warehouse and inventory management systems. By partnering with DLL, businesses can gain access to the latest technologies and financial solutions that can help them implement these technologies quickly and cost-effectively.
Eliminate the need to write a big check
Implementing automation projects can be a significant investment for businesses, and some companies may not find the budget to cover the upfront costs. The cost of new equipment and technology can be prohibitive, which often prevents businesses from pursuing automation projects that could bring substantial benefits to their operations.
With a customized finance solution from DLL that is tailored to the specific needs of your business, you can eliminate the need to find immediate funds as DLL also manages the progress funding of your automation projects. By spreading the cost of the equipment and technology over time, DLL can help ease the financial burden of implementing automation projects and provide a near-immediate return on investment on critical projects. This means businesses can start seeing the benefits of automation almost immediately, without having to wait for a long period of time to recoup their investment.
Another advantage of DLL's financing solutions is that businesses can preserve their cash reserves. Instead of tying up their capital in expensive equipment purchases, businesses can use their cash reserves to invest in other areas of their operations.
Collaborating with stakeholders
Preparing for an uncertain future in logistics requires collaboration with various stakeholders. DLL can help businesses achieve their automation goals by helping to collaborate with the project stakeholders, including real estate companies/developers, integrators and engineering firms, vendors, and end-users.
- Collaboration with real estate companies or developers: Securing the right location for a new warehouse is only the beginning of a successful logistics operation. The equipment and technology needed to run the warehouse efficiently can be expensive, and businesses may not have the funds required for such an investment. DLL can collaborate with real estate companies and developers to provide financial solutions for equipment and technology, enabling businesses to equip their new warehouse quickly and efficiently.·
- Partnering with integrators and engineering firms: Integrators and engineering firms plan, design, and implement large automation projects across multiple suppliers. DLL can provide a simple managed financial solution for their end-users' complex projects. By partnering with DLL, integrators and engineering firms can offer their clients a complete solution, including financing, maintenance, and repair. This partnership enables integrators and engineering firms to focus on their core competencies, while DLL provides a seamless financing experience for their clients.
- Robots as a Service (RaaS) for vendors and end-users: RaaS is a concept that resonates with vendors and end-users alike, but it can mean different things to different people. DLL can help vendors and end-users distill robot acquisition down to an operational expense, inclusive of software and services, making it easier for end-users to understand and budget for. This financial solution provides businesses with access to the latest automation technology without the burden of upfront capital investments.
More than just a financial solutions provider.
DLL is more than just a financial solutions provider. We are a partner in helping businesses prepare for an uncertain future.
With representatives in over 25 countries around the world, including Canada, the US, Mexico, Brazil, Chile, Europe and Asia-Pacific, DLL is well-positioned to meet your intralogistics financing needs on a global scale. By providing financial solutions for automation projects and collaborating with all stakeholders, DLL can help businesses become more efficient, productive, and profitable, no matter what the future holds.
Contact a DLL intralogistics expert today to learn more about how we can help prepare your logistics processes for an uncertain future.
