Raymond continues to sponsor university
research to support the future of material handling
GREENE, N.Y., July 9, 2024 /PRNewswire/ -- The University
Research Program is now accepting proposals for the next cycle of
funding through Oct. 31, 2024. The
Raymond Corporation, a member of the Toyota Industries family of
companies, continues to sponsor the University Research Program,
which was created to encourage and support professors and student
researchers to apply their engineering and technical research to
discover innovative solutions for the material handling
industry.
The sponsored research program is in its seventh cycle of
accepting applications for grant funding that can reach up to
$500,000. Selected proposals may
receive total financial support of up to $250,000 for one year of research. Accepting
proposals from North American universities, the University Research
Program will evaluate research proposals on several criteria,
including innovation, feasibility and potential future commercial
application.
"In today's fast-paced and ever-evolving economy, the material
handling industry is dedicated to leading the way in technological
advancement," said Michael Field,
president and CEO, The Raymond Corporation. "Through our
collaboration with esteemed academic institutions, we are driving
groundbreaking innovations that will redefine the future of the
supply chain. Our commitment to the University Research Program
underscores our dedication to fostering the next generation of
visionaries who will lead us into a new era of innovation."
Proposals that received University Research Program funding from
previous years covered topics such as automation and vehicle
routing, virtual reality (VR) and operator productivity,
omni-channel facilities and robotics. Proposal themes for this
cycle in the following areas are encouraged; however, alternative
themes are welcome, given the broad nature and rapid advancement of
material handling:
- Logistic systems and operations
- Material handling vehicles and equipment
- Operators and ergonomics
- Energy solution for sustainability
- Operator assist and awareness
- Sensor fusion for enhanced perception
- Adapting material handling for next generation operators
- Full/semi automation warehouse innovation
The University Research Program also will be accepting an
optional concept paper prior to submission of the final proposal.
This step in the process is a way for professors and student
researchers to connect with the University Research Program
reviewers for initial input of their submission. Professors and
researchers are encouraged (but not required) to submit a one page
concept paper explaining their proposal. Concept papers must be
submitted by Aug. 31, 2024.
For more information on the University Research Program and
details of the application process, visit
www.universityresearchprogram.com or contact
universityresearchprogram@raymondcorp.com.
About The Raymond Corporation
The Raymond Corporation, a member of the Toyota Industries family
of companies, is a leading global provider of best-in-class
material handling products and intelligent intralogistics
solutions. Built on principles of innovation and continuous
improvement for over 100 years, Raymond's integrated automation,
telematics, virtual reality and advanced energy solutions provide
ways to optimize operations and bring warehouse and distribution
operations to a new level of performance. Raymond®
electric forklift trucks are engineered to achieve increased
productivity and efficiency and are designed to provide ecological
and economic benefits. Raymond delivers solutions to material
handling and logistics markets in North
America and globally. Combining operational excellence,
award-winning innovation and world-class global customer support,
we work together to run better, manage smarter and keep our
customers always on. For more information, visit
raymondcorp.com and follow us on Facebook, YouTube and
LinkedIn.
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SOURCE The Raymond Corporation