Manriding hoists are for lifting both people and systems carrying people. They are used to gain access or egress while working at height and also used for rescue application, either after a fall or emergency evacuation.
A winch is a spooling winch device that is used to wind a cable or rope in and out. The resulting tension can lift a heavy object. The winch drum is built with high quality steel and designed for a specific load capacity. It is a perfect job for a winch to lift heavy loads, like construction materials.
Advantages include space saving, easy to use, and they allow for the line to be released from the drum at any angle. Disadvantages include the price of installation and the requirement to lift the weight at higher speeds.