Question 4. A new material handling strategy for Beta Technologies (200-300 words)

Beta Technologies is a company that produces electronic components in the European Market. During the last meeting of the Board of Directors, the CEO explain to his colleagues that they need to implement a material handling strategy that allows it to be more competitive in the market.

The company needs to improve material handing in the following processes:

1. Transport of medium size and weight boxes of finished goods in a fixed path.

2. Transport of small size and light weight boxes of finished goods in a variable path.

3. Storing single units of raw materials and finished goods

Based on the previous information:

a. What should be the objectives of the new Material Handling Strategy? Discuss your answer

b. Based on those strategic objectives, what would you consider are the 5 most important principles for material handling? Why?

c. What equipment do you recommend for each of the processes that needs some improvement? Why?