What is the cost of workplace injuries?
High Injury Rates in Warehousing: The warehousing industry experienced approximately 5.5 safety incidents per 100 employees annually, highlighting a higher risk than many other sectors. (Source)
Forklift-Related Incidents: Each year, forklifts are responsible for around 7,500 injuries and nearly 100 deaths among workers in factories and warehouses. This has prompted some companies to explore safer alternatives like autonomous vehicles and overhead cranes. (Source)
Manual Material Handling: Including lifting and carrying objects, is responsible for over 36% of workplace injuries. These incidents pose significant health risks to employees and result in substantial financial burdens for businesses, with estimated annual costs reaching $156 billion due to medical expenses, rehabilitation, and lost productivity. (Source)
