Intralogistics expert, Tim Newton, explains how DLL partners closely with its customers to understand the unique needs of their business, and provide customised financing solutions that help improve supply chain continuity and lower the total cost of asset ownership.
“With new intralogistics installations often suffering from long lead times, it can prove difficult for businesses to finance projects through traditional structures,” says Tim Newton, Senior Account Manager, Intralogistics at DLL. “With shifting market trends and changing economic landscapes, companies are demanding increasingly flexible, customised and usage-based finance solutions.”
Tim, who is based in the UK, recently took on a new role within DLL and is now part of the growing team of intralogistics experts at DLL located across the world. His focus is on supporting customers in the UK and Ireland as demand for automation increases.
“Some intralogistics and automation projects may take 18 months to two years to complete, meaning the drawdown of funds may take place slowly over many years,” explains Tim. In addition, the customers’ internal approval process for those projects can take time, as the funding of the installation often involves many stakeholders within the organisation.