article thumbnail

Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). Looking back, I estimated the market in 2013 at $6.4 billion in 2019.

article thumbnail

Listening to the Voice of the Warehouse Worker –5 Factors Impacting Employee Attraction and Retention

Logistics Viewpoints

As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. The top ranked tech benefits by warehouse workers include solutions that: Help accuracy / minimize mistakes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Benefits of Human-Robot Partnerships in Warehouses

Locus Robotics

By Rob Press, Content Marketing Manager, Deputy In the supply chain, warehouses play a crucial role in receiving products from the source, storing them safely, and delivering them quickly and efficiently. The warehousing industry accounts for 8% of 2.8 million nonfatal work-related injuries a year !

article thumbnail

3 ways retail warehousing impacts profitability

6 River Systems

With more brick-and-mortar stores shutting their doors than ever before and demand for warehouse space on the rise, retail warehousing creates a profitable opportunity for many companies. In this post, we’ll discuss the trends contributing to the retail warehousing trend and three ways retail warehousing impacts profitability.

article thumbnail

The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. Compare this to the 9% returns rate of purchases made in-store.

article thumbnail

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

Companies with resilient supply chains had a sustainable advantage during the unprecedented logistical turbulence that emerged during the pandemic. Adjusting to the new norms, companies learnt the need to revise their existing business functions models, reorganise their labour and redefine the roles and skills of their labour.

article thumbnail

Cracking the Code for AI in the DC

Logistics Viewpoints

More and more companies are realizing that investing in their DCs and powering them with modern and sophisticated technologies like AI can lead to competitive advantages for the overall company. The warehouse automation market is forecasted to grow at a CAGR of approximately 14% and be worth USD 30 billion by 2026.

DC 255