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How IoT Improves Consumer Packaged Goods Value Chain

Savi

The pivot point has moved from production to customer delivery, and the primary constraint has moved from manufacturing to transportation. Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. . This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation.

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The Future Is Now for Logistics

Material Handling & Logistics

If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. An example of the impact technology can have was cited by a CLDA speaker from a major CPG manufacturer (unidentified because of restrictions imposed by conference organizers). The need for automation is undeniable.