Automation can streamline roles that involve heavy lifting, high workplace injury risk, and increased burnout or boredom.
Technology has gotten more attention as consumers demand speed and companies have a thirst to improve ROI and efficiency.
Daifuku has maintained a net cash position for the past eight years. From a more long-term standpoint, net debt/EBITDA peaked at 2.95 times in fiscal 2011, when the company acquired Logan Teleflex.
The increase is due to increasing connected devices and machines requiring orchestration in the warehouse, says ABI research.
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