Recomendados
Más contenido relacionado
La actualidad más candente
La actualidad más candente (20)
Destacado
Destacado (9)
Similar a Professor Peter Cooke, The Motor Industry May 2013
Similar a Professor Peter Cooke, The Motor Industry May 2013 (20)
Más de All_about_business
Más de All_about_business (20)
Último
Último (20)
Professor Peter Cooke, The Motor Industry May 2013
- 1. 1 Bank of Ireland
- 2. 2 Bank of Ireland Professor Peter N C Cooke Professor of Automotive Management The University of Buckingham peter.cooke@buckingham.ac.uk www.buckingham.ac.uk/cam The Automotive Industry - Business Recovery – the Way Forward?
- 3. 3 Bank of Ireland Objectives • Review the status of automotive industries in the Eurozone • Examine UK automotive market recovery • Highlight possible issues for the Irish automotive sector recovery
- 4. 4 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 5. 5 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 6. 6 Bank of Ireland Eurozone GDP Growth Year on Year; 2000 - 2014 0.4 -4.4 -0.5 -2.0 -1.0 1.4 2.0 3.0 3.2 1.7 2.2 0.70.9 2.0 3.8 -5.0 -4.0 -3.0 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0 5.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source; Eurostat/Capital Economics
- 7. 7 Bank of Ireland European New Car Sales; 2003 - 2015 Source; ACEA/Buckingham 15.1 15.3 15.3 15.8 14.7 14.5 13.8 13.6 12.5 13.0 16.0 12.5 12.1 10 11 12 13 14 15 16 17 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Millionsofunits
- 8. 8 Bank of Ireland European New LCV Sales; 2003 - 2015 Source; ACEA/Buckingham 1.83 2.01 2.07 2.09 2.22 1.41 1.54 1.66 1.54 1.42 1.50 1.55 1.99 1.00 1.25 1.50 1.75 2.00 2.25 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Milionunits
- 9. 9 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 10. 10 Bank of Ireland UK/Ireland GDP Growth Best Case Scenario Source; Bank of Ireland -3.5 -7.6 -0.2 1.4 0.8 1.4 2.0 2.6 2.8 2.8 2.8 0.6 -4.9 1.8 0.9 -0.2 1.1 1.8 2.3 2.5 2.7 2.8 -10.0 -8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 % GDP growth year on year Ireland UK
- 11. 11 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 12. 12 Bank of Ireland UK New Car Registrations; 2000 - 2015 Source; SMMT/Buckingham 0 1000 1 Tho usa nds of cars 0.05 1.05 Mar ket shar e #REF! #REF! 0 0.2 0.4 0.6 0.8 1 1 .2 1 -3 0 -2 0 -1 0 0 1 0 2 0 3 0 0.0 0.5 1 .0 1 .5 1 0 1 2 1 % #R E F ! #R E F ! #R E F ! #R E F ! #R E F ! 0 2 1 Millio ns 678 Aver age age #REF! #REF! 0 1 1 2 1 #R E F ! #R E F ! #R E F ! #R E F ! 111 .00 0.5 1 1 .5 1 S h a re 0 5 1 0 1 5 2 0 2 5 3 0 3 5 4 0 4 5 5 0 5 5 #R E F ! #R E F ! #R E F ! #R E F ! #R E F ! #R E F ! 0.28 0.11 2.10 2.04 2.14 2.582.56 2.46 2.44 2.57 2.40 2.13 1.71 1.92 1.94 2.20 2.22 2.34 1.0 1.2 1.4 1.6 1.8 2.0 2.2 2.4 2.6 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Millionsofcars New car sales Scrappage deals New car sales forecast 2.03 1.99
- 13. 13 Bank of Ireland UK Private/25-plus Fleet Registrations; 2000 - 2015 Source; SMMT 0.82 0.93 1.02 1.02 1.20 1.25 1.24 1.21 0.99 1.08 1.03 1.05 0.89 1.01 0.96 0.88 1.10 1.20 1.16 1.18 1.09 1.07 1.09 1.03 1.02 0.97 42.6 45.5 42.447.2 50.8 44.144.1 48.2 44.7 49.3 41.9 43.5 48.7 46.7 50.2 45.8 47.9 52.5 44.2 52.1 49.749.348.6 41.442.541.9 0.00 0.25 0.50 0.75 1.00 1.25 1.50 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 %ofnewcarmarket 0 5 10 15 20 25 30 35 40 45 50 55 Millionsofcars Private Private % Fleet %25+ Fleet
- 14. 14 Bank of Ireland UK Car Finance; 2012 • Consumer new car finance rose by 36% in 2012 – 662,00 units, £9,408 million • 71.2% of private new car sales financed through dealerships • 788,000 private used cars bought on finance in 2012 - £7,264 million • 1.91 million private and business new and used cars were financed in 2012 compared with 1.67 million units in 2011
- 15. 15 Bank of Ireland UK BVRLA Fleet Size by Finance Category; 2011 Source; BVRLA 2,976 24,336 77,002 70,424 1,062 227,006 19,010 26,808 198,964 204,337 233,697 1,319,456 Contract purchase Finance lease Rental fleet Fleet management Personal contract Contract hire LCVs Cars
- 16. 16 Bank of Ireland UK New LCV Sales; 2000 - 2015 239 254 266 304 330 323 327 338 289 186 223 260 270 255 240 254 100 150 200 250 300 350 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Thousandsofunits Source; ACEA/Buckingham
- 17. 17 Bank of Ireland UK New/Used Car Market Volume; 2000 - 2012 6.7 8.6 2.041.92.0 2.4 2.32.4 2.62.62.62.5 2.2 2.1 2.0 6.6 7.1 7.4 7.3 6.8 7.2 6.66.4 6.8 6.7 6.3 8.6 9.4 8.99.0 9.8 9.2 9.7 9.7 9.5 8.8 8.3 1 2 3 4 5 6 7 8 9 10 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Millions New Used Total Source, SMMT/BCA Used Car Market Report 2012
- 18. 18 Bank of Ireland UK New/Used Car Market Value; 2000 - 2011 Source, SMMT/BCA Used Car Market Report 2012 29.0 35.7 28.7 32.4 29.8 27.5 33.5 32.4 28.028.1 33.0 32.4 32.2 35.0 27.3 25.4 28.1 32.0 30.0 32.3 33.9 33.3 32.4 34.2 24 26 28 30 32 34 36 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 £billion New Used
- 19. 19 Bank of Ireland UK Car Parc Average Age of Cars; 2000 - 2015 Source, SMMT/Buckingham 30.4 30.5 30.5 30.7 30.830.130.330.229.929.827.8 28.5 29.0 29.427.2 30.3 7.44 7.59 7.56 6.93 6.79 7.11 6.78 7.01 6.88 6.69 6.70 6.73 7.06 7.25 7.69 7.80 10.0 15.0 20.0 25.0 30.0 35.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Millions 5.00 5.50 6.00 6.50 7.00 7.50 8.00 Averageage Millions Average age
- 20. 20 Bank of Ireland 0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1-2 years 3-5 years 6-8 years 9+ years UK Car Parc by Age Segment; 1990 - 2015 Source; SMMT/Buckingham 2 million fewer 0-5 year-old cars on the roads than 2007
- 21. 21 Bank of Ireland UK 5-year Car Parcs; 2008/2012 vs. 2004/2008 Source; SMMT/Buckingham -400,000 -300,000 -200,000 -100,000 0 100,000 200,000 Volvo Volkswagen Vauxhall Toyota Suzuki Skoda SEAT Renault Peugeot Nissan MINI Mercedes Mazda Land Rover Kia Jaguar Hyundai Honda Ford Fiat Citroen Chevrolet BMW Audi Alfa Romeo
- 22. 22 Bank of Ireland Why is the UK Running Against European Pattern? • Windfall cash from PPI – c£8 billion – pay off credit card; buy hot tub/replacement car • Low interest rate on savings • New car deals available/low rate finance • Cars ‘wearing out’ • Improving fuel efficiency with newer cars • Price of used cars
- 23. 23 Bank of Ireland UK New Car Registrations; 2000 - 2015 Source, SMMT/Buckingham 0.28 0.11 2.34 2.22 2.20 1.94 1.921.71 2.13 2.40 2.57 2.442.46 2.56 2.58 2.14 2.04 2.10 1.0 1.2 1.4 1.6 1.8 2.0 2.2 2.4 2.6 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Millionsofcars 0 1000 1 Tho usa nds of cars 0.05 1.05 Mar ket shar e #REF! #REF! 0 0.2 0.4 0.6 0.8 1 1 .2 1 -3 0 -2 0 -1 0 0 1 0 2 0 3 0 0.0 0.5 1 .0 1 .5 1 0 1 2 1 % #R E F ! #R E F ! #R E F ! #R E F ! #R E F ! 0 2 1 Millio ns 678 Aver age age #REF! #REF! 0 1 1 2 1 #R E F ! #R E F ! #R E F ! #R E F ! 111 .0 0 0.5 1 1 .5 1 S h a re 0 5 1 0 1 5 2 0 2 53 0 3 5 4 0 4 5 5 0 5 5 #R E F ! #R E F ! #R E F ! #R E F ! #R E F ! #R E F ! New car sales Scrappage deals New car sales forecast 2.03 1.99 Used Car Supply Gap
- 24. 24 Bank of Ireland Issues to be Resolved • Smaller overall volume forecast • Used car shortage • Reduced service business • Customer finance requirements • Buyers downsizing/moving to used
- 25. 25 Bank of Ireland “The challenge for recovering markets will be to generate profits from smaller, leaner volume with increased competition in the marketplace”
- 26. 26 Bank of Ireland New or Used Car Service Agreements Extended warranties DailyRental Carbon footprint reduction Familyfleet/secondcars Point of Sale Finance Manufacturer’s Finance Point of Sale Finance/ Commission Routine Service Insurance Group Insurance Tyres B atteries Exhausts AfterMarket Fittings GAP insurance Payment protection New or Used Car Service Agreements Extended warranties DailyRental Carbon footprint reduction Familyfleet/secondcars Service Agreements Extended warranties DailyRental Carbon footprint reduction Familyfleet/secondcars Point of Sale Finance Manufacturer’s Finance Point of Sale Finance Manufacturer’s Finance Point of Sale Finance/ Commission Routine Service Insurance Group Insurance Tyres B atteries Exhausts AfterMarket Fittings GAP insurance Payment protection Point of Sale Finance/ Commission Routine Service Insurance Group Insurance Tyres B atteries Exhausts AfterMarket Fittings GAP insurance Payment protection
- 27. 27 Bank of Ireland “Moving to a total service concept may require rethinking overall approach to business”
- 28. 28 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 29. 29 Bank of Ireland Ireland New Car Registrations; 2000 - 2012 Source, SIMI 174.2 230.8 164.8 156.1 145.3 154.1 171.7 178.5 186.5 151.6 57.5 88.4 89.9 79.5 0 50 100 150 200 250 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Thousandunits
- 30. 30 Bank of Ireland Ireland Used Car Change of Ownership 472.9 556.8 604.8 654.8 709.0 606.1 526.3 566.0 587.6 609.8 100 200 300 400 500 600 700 800 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Thousandunits Source, DECL
- 31. 31 Bank of Ireland Ireland New Car Supply Gap 174.2 230.8 164.8 156.1 145.3 154.1 171.7 178.5 186.5 151.6 57.5 88.4 89.9 79.5 0 50 100 150 200 250 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Thousandunits Used Car Supply Gap Source, SIMI/Buckingham
- 32. 32 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 33. 33 Bank of Ireland Market for Recovery • Requalify prospects – new and used • Total product mix strategy • Vehicle sales mix – market needs • Sustainable used vehicle sourcing • Role of new and used car sales managers
- 34. 34 Bank of Ireland Finance Requirements • Fleet and private buyer finance • Deferred added-value finance • Introduce new methods of finance to meet changing customer needs • Positive risk management strategy
- 35. 35 Bank of Ireland Business Recovery • Used vehicle refurbishment • Absorption review and management • Revised refurbishment accounting • Aftermarket service development and retention • Expanded age and mileage targets
- 36. 36 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 37. 37 Bank of Ireland European Status UK & Irish Economies Business Recovery Possible Actions UK Business Recovery Opportunities for Ireland Implications & Conclusions
- 38. 38 Bank of Ireland38 www.buckingham.ac.uk/cam
Notas del editor
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.
- Starting with a PBL (Pick-By-Light), PTL (Pick-To-Light), PBV (Pick-By-Voice, when operators use headphones and microphones).I n these systems, the operatives get their picking instructions via, either digital displays, or voice messaging (PBV). Connection to WMS is fundamental to all operation principles.