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Archive for July, 2009

New Trends Will Affect Speed, Strength of Economic Recovery

July 31, 2009 By: CartPro Category: Business Tips, Future Trends, economy 1 Comment →

The heart monitor on the economy has started beeping again, apparently shocked into recovery by the dual application of bailout money and stimulus funds. Of course, there’s still concern that the cure may prolong the patient’s recovery but the big guy does seem to be on the mend. Many economic analysts are now predicting that true recovery from the recession may begin as early as next quarter, that’s six months to a year ahead of previous predictions. Naturally, there’s disagreement about the strength and speed of the economy’s recovery. “The question is whether we are transitioning to a solid growth period or to something flatter,” explained Dr. Chris Kuehl, economic analyst for the Fabricators & Manufacturers Association International (FMA), in the FMA economic newsletter Fabrinomics.  

Kuehl pegs the strength of the economy’s recovery to three emerging trends that manufacturers and businessmen will need to factor into their plans as they position themselves to compete in the post-recession market:

  • Cautious consumers. High unemployment and the continuing threat of job loss has made consumers wary of spending and further depleting any financial reserves they have left. Most economists expect consumer spending to lag other signs of recovery, further slowing the recovery process. Until unemployment rates return to post-crisis norms and consumers regain confidence in the economy, demand for goods and services is expected to remain low.
  • Consolidation. Financial chaos has forced mergers and acquisitions in the U.S. and around the world, and not just in the automotive industry, Kuehl points out. Manufacturing bases have gone global, shifting from the U.S. and Europe to Asia, particularly China, and Latin America. Digging a toehold into these markets will be essential — and extremely challenging — if manufacturers, especially smaller players, are to survive. The complexities of global business may encourage even more consolidation as small manufacturers partner with larger ones or form cooperatives to gain global access.
  • Unsettled financial markets. While banks and financial entities took the brunt of the first blow, they haven’t carried the burden of the economic crisis. Even so, they are still recovering which will continue to make them wary of lending money. The yet-to-be-known impact of new government oversight and regulation will also be a factor. Kuehl sees a return of the “old-school banker” with tougher credit standards, demands for greater cash flow, and less money available for growth and expansion.

Florida Conference to Focus on Ergonomics

July 29, 2009 By: CartPro Category: Safety and Ergonomics, Trade Shows, ergonomics No Comments →

The Central Florida Chapter of the American Society of Safety Engineers (ASSE) will host a one-day ergonomics conference on November 4, 2009 in Orlando, Florida. The purpose of the conference is to help business leaders develop proactive ergonomic programs and practices within their workplaces to identify and reduce the risk factors that result in often debilitating musculoskeletal injuries.

Musculoskeletal injuries that damage the body’s connective tissues — muscles, nerves, tendons, joints, cartilage and spinal discs — accounted for 29% of all workplace injuries in 2007, according to the U.S. Bureau of Labor Statistics. That year more than 335,000 musculoskeletal injuries required an average work absence of 9 days, more than 4 times the average 2-day absence required by most workplace injuries. When incorporated in equipment design and the development of workplace procedures, ergonomics has been proven to significantly reduce the risk and incidence of musculoskeletal injury.

“Ergonomics affects virtually every aspect of the safety profession, from machine use to construction safety to office set-up,” ASSE Central Florida Chapter President Jeff Spackman told OH&S (Occupational Health & Safety) online. “As an ASSE chapter, we do everything possible to be of the greatest value to our members who are committed to protecting people, property, and the environment. We felt holding a development conference on this very important topic would be of the greatest value to the greatest number of our members.”

The November conference will feature two general and four concurrent sessions covering ergonomic design and practices in various settings, including industrial, construction, workstation and office. Worker’s compensation issues, injury prevention and rehabilitation will also be addressed. The keynote address will be presented by Isabel Perry, Ph. D., president of TheSafetyDoctor.com. Among other scheduled speakers are Daniel McCune, Embry-Riddle Aeronautical University safety director; Eric Austin, Amerisure Insurance senior loss control consultant; Ronald Porter, director of Back School of Atlanta; and Michael Belcher, ASSE Region IV VP and director of safety at DS Waters of America.

Click here for more information and to register for the November 4 ergonomic conference at the Orlando Repertory Theater in Orlando, Florida.

How Ergonomics Saves Money

July 27, 2009 By: CartPro Category: Material Handling, Safety and Ergonomics, ergonomics No Comments →

Musculoskeletal injuries caused by overexertion are responsible for 25% of all workplace injuries and affect one in every 200 workers, according to data compiled by the National Institute for Occupational Safety and Health (NIOSH). Overexertion injuries caused by straining during pushing, pulling, lifting and carrying tasks cost U.S. businesses more than $1 billion in compensation costs and 12 million lost workdays every year. But that’s just the tip of the iceberg! According to the National Council on Compensation Insurance, more than 50% of worker’s compensation claims are for debilitating back injuries that affect 1.75 million (1 in 5) workers each year — at an annual price tag of $30 billion. The time-lost cost of a single back injury is estimated by the Bureau of Labor Statistics at $26,000.

Ergonomic equipment is designed to eliminate and prevent muscle strain, overexertion, back injury and the whole gamut of musculoskeletal and repetitive motion injuries that eat away at U.S. business profit margins. Ergonomically-designed equipment reduces the risk of overexertion and injury from pushing, pulling, lifting, carrying, bending and twisting tasks. The equipment, not the worker, carries the burden, eliminating expensive medical, insurance, worker’s compensation and lost work-hour expenses. When workers are less physically tasked and workplace safety is increased, worker morale improves, production increases and product quality goes up.

One study of U.S. manufacturers found that every dollar invested in ergonomics resulted in a savings of $4. DJ Products, a national leader in the manufacture of ergonomically-designed carts and movers, has found that most customers recoup their investment in ergonomic equipment within the first year. DJ Products specialized in providing affordable ergonomic solutions to material handling applications. We manufacture material handling equipment that is designed to eliminate the strain and pain of manually pushing or pulling heavy carts, equipment or materials. Our ergonomically-designed equipment is smaller, more maneuverable and less costly than traditional material handling equipment such as forklifts, walkies and motorized riding tugs. DJ Products specializes in battery powered, walk behind carts, movers and pushers that offer maximum safety and maneuverability. If you’re looking to get better value from your material handling dollar, contact DJ Products’ expert ergonomic sales team today!