Remove 2026 Remove Internet of things Remove Inventory Remove Survey
article thumbnail

Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

As a result, new strategies have emerged to solve old and new challenges, from labor shortages to inventory supply. Our research found similar results: 58% of Digital Inventory Report respondents plan to invest substantially in new inventory technologies. billion by 2026. A recent McKinsey study found that Industry 4.0

article thumbnail

The Biggest Manufacturing Industry Trends in 2022

Unleashed

Internet of Things (IoT) trends in manufacturing The Internet of Things (IoT) has long been touted as a technology which will upend the way we live, work and play. According to this PwC report, a recent survey of industrial manufacturers showed more than 70% are testing or building IoT solutions in their projects.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cloud ERP and On-Premise – What is the Difference?

IQMS

Manufacturers want real-time reporting, the flexibility of changing production schedules on the fly, real-time inventory visibility, and a real-time stream of shop data from workstations, Warehouse Management Systems (WMS), track-and-traceability, and lot tracking. billion by 2026.

article thumbnail

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.