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5 Benefits of Human-Robot Partnerships in Warehouses

Locus Robotics

According to a recent report from MarketsAndMarkets , the global warehouse robotics market is expected to grow at a compound annual growth rate (CAGR)of over 16% between 2021 and 2026. According to a study by the Boston Consulting Group , robots can increase warehouse picking productivity by up to 55%.

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How IoT Improves Consumer Packaged Goods Value Chain

Savi

Agile supply chain operations, especially in the consumer packaged goods (CPG) industry, are using IoT and end-to-end shipment visibility software to outperform competitors with better service while keeping lower inventory levels. Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers.

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This Week in Logistics News (March 16 – 22)

Logistics Viewpoints

It easily surpassed the previous record holder, Boston Dynamics’ Atlas, which lagged behind at a steady 5.59 Altogether, supply chain efforts should result in $100 million in cost savings in the current fiscal year, eventually rising to annual run-rate savings of some $235 million by 2026, Mitchell added in the late February call.

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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. Whether the cause is e-commerce growth, the tight labor market, or changing distribution models, inventories and carrying costs are rising. The need for automation is undeniable.