CHICAGO, I.L. (March 25, 2015) – Before the ProMat show opened yesterday, Yale Materials Handling Corporation hosted an exclusive speaking event highlighting the importance of using data to optimize fleets of equipment. Customers packed the Yale booth to hear speaker Snehal Antani, Chief Information Officer of GE Capital’s Distribution segment, which includes Vendor Finance, discuss how increasingly intelligent connected equipment and forward-thinking companies are capitalizing on the value of data to reduce operational expenses, boost productivity and improve worker safety.
“Leading companies are applying the industrial internet with its valuable real-time data to make informed decisions and transform their business,” said Snehal Antani. “In an era where we are continually challenged to do more with less, the availability of this data is enormous to improving efficiency and protecting the bottom line.”
When applied to fleets of equipment this data exposes even more potential for companies to decrease their total cost of operations. In addition to capturing information on a driver’s safety and efficiency, the use of telemetry devices, like the Yale Vision wireless asset management system, can help operations manage costs, protect assets and optimize productivity by monitoring a variety of metrics, including idle time, safety procedures and impacts.
ProMat is the largest expo for manufacturing and supply chain professionals in North America. It provides attendees access to the latest material handling and logistics equipment and technologies.
About GE Capital
GE Capital offers customers around the globe an array of financial products, services and insights to help them grow their businesses. Follow us on Twitter (http://twitter.com/GELendLease) and visit our web site (www.gecapital.com/americas). GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com
About Yale Materials Handling Corporation
Yale Materials Handling Corporation markets a full line of materials handling lift truck products and services, including electric, gas, LP-gas and diesel powered lift trucks; narrow aisle, very narrow aisle and motorized hand trucks. Yale has a comprehensive service offering including Yale Vision wireless asset management, fleet management, Yale service, parts, financing and training. Yale® trucks are manufactured in an ISO 9001:2008 registered facility and range in capacity from 2,000 to 36,000 lbs. For more information, or to find the Yale® lift truck dealer nearest you, call 1-800-233-YALE or visit www.yale.com.
Yale Materials Handling Corporation is part of NACCO Materials Handling Group (NMHG), a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE:HY). Hyster-Yale Materials Handling, Inc. and its subsidiaries, headquartered in Cleveland, Ohio, employ approximately 5,400 people world-wide.