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Why Transformation Is a Boardroom Priority Supplychain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. A data-driven, technology-enabled approach is required to build resilience and efficiency.
ARC Advisory Group began conducting formalized research on the global warehouseautomation market in 2014. We define the market as those warehouseautomation 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
This week in supplychain and logistics news includes Blue Yonder being selected to support Border States, an electrical distribution company, with their warehouse management needs. Border States, a leading electrical distributor, has chosen Blue Yonder to power its first regional distribution center, scheduled to open in 2026.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
As a pioneer in warehousetechnology 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. Workers are eager to utilize technology because they see it helping them do their jobs.
SSI SCHAEFER On Track to Open Singapore’s Largest Fully Automated Cold Storage at Tee Yih Jia Food Hub in Q1 2022. Spanning more than 100,000 pallet positions of frozen storage racks, TYJ’s food factory and warehouse storage facility sits on a land area of 40,000 m². Solve warehouse challenges with SSI SCHAEFER technology.
Warehouse management is no longer the static element in the supplychain, but an area that’s ready for smart transformation. This makes warehouse digital transformation a reality in order to sustain business and thrive amidst increasing competition and market pressures. billion by 2026.
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 quest to deliver faster, better, and cheaper leaves operators turning to technologies like AI to try and crack the code.
Autonomous supplychains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supplychains are artificial intelligence (AI), robotics, sensors, and blockchain.
Home January 06, 2025 WarehouseAutomation Reflections for 2024 and What Lies Ahead in 2025: Part 2/3 Rick Faulk , Chief Executive Officer What will the future hold for warehouses in 2025? Mobile Automation Will Be the Fastest Growing Segment. trillion by 2026, growing at a 7-8% CAGR.
SupplyChain Matters Founder and supplychaintechnology industry analyst Bob Ferrari provides highlights and some specific takeaways from a Linked In Live appearance last week. This event was sponsored by warehouse orchestration process support technology provider AutoSceduler.AI.
Warehouseautomationtechnology is a fundamental shift in how businesses handle inventory and fulfillment. Mobile automation offers a powerful entry point, providing immediate benefits without requiring a complete overhaul of existing infrastructure. billion by 2026, up from $19.98 billion in 2023.
More than half of warehouse leaders say seamless compatibility with existing equipment is a non-negotiable. If you’re staring down labor shortages, rising error rates, or another fiscal year of overtime spikes, it might be time to revisit your automation strategy or build one from the ground up.
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.
Megatrends (Possibly) Shaping SupplyChain Trends: Technology. The necessity of having a technology scan every few months is becoming essential in today’s world. In doing so, use cases and new tech announcements are gathered and shared across the organization and used as inputs driving the technology roadmap.
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. Moving Forward: Reverse Logistics Technology. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019.
Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supplychain operations. What is the difference between 3PL and 4PL?
Earlier this week, Target said it will spend $100 million to build a larger network of supplychain hubs to speed up and lower the cost of delivering online orders. The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. ” And now on to this week’s logistics news.
Late last year, a San Francisco politician launched a statewide campaign to raise money for a California ballot that would penalize private enterprise for embracing automation in the workplace. Certainly, there will be taxes that relate to automation.”. More often than not, automation is much simpler and far less frightening.
Trends Transforming Logistics and SupplyChains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and SupplyChain Management Suite at Heriot-Watt University Dubai. billion USD by 2026. Technology and automation are major enablers towards this.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Real-Time Visibility Technology.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Other users of the information will be retailers and their supplychains, as well as government authorities seeking to uphold export regulations, according to Megan Brewster, vice president of advanced technology with Impinj , a manufacturer of radio frequency identification devices.
By Rob Press, Content Marketing Manager, Deputy In the supplychain, warehouses play a crucial role in receiving products from the source, storing them safely, and delivering them quickly and efficiently. Automated systems and robots can take over many of these tasks, reducing workplace injury risk.
issued similar statements on June 10, saying their payment plans are aimed at promoting efficient capital flows across supplychains in the automotive industry. Supplychain financing is common in the auto industry. At least three carmakers, including Dongfeng Motor Group Co., Guangzhou Automobile Group Co.
As part of its partnership with drone company Wing, the retail giant intends to bring drone deliveries to Houston, Tampa, Orlando, Atlanta and Charlotte by June of 2026, and will expand existing services in the Dallas-Fort Worth region. A year later, the retailer added drone deliveries to its app for DFW customers.
TSX: TCS), an industry-leading supplychain management SaaS company, today announced its results for the fourth quarter and full year of fiscal 2025, ended April 30, 2025. We believe these results and initiatives position us well to continue scaling profitably into fiscal 2026.” June 26, 2025 — Tecsys Inc.
Existing technology for EV batteries can only create cells that last up to 20 years or around 200,000 miles before their capacity drops too low to power a vehicle. This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supplychain.
Supplychain businesses jumping on the sustainability bandwagon. In line with the push towards sustainability in the commercial space, supplychain businesses are also ramping up on sustainability efforts. Cache Logistics Trust, Singapore. Businesses can reap many benefits from solarising their buildings.
Smaller cities become new hubs in the Indian warehousing landscape. India’s warehousing industry is ready to see a new future which is smart and one of the biggest in the world. With the government policies supporting the manufacturing activities in India, warehousing becomes the next big thing. Opportunity drivers.
In the supplychain, order management and inventory management play significant roles in rapid growth. A digital method to handle the life cycle of orders refers to order management software (OMS). According to Forrester’s statistics forecast , the spending on OMS software is expected to touch the $1.9
I attended quite a few, and most were very good, with three main themes: labor management, AI and warehouse robotics. That of course leads many companies to invest in expensive automation using advanced hardware and/or software. He offered this way to look at warehouse productivity. I will be back to WERC in 2026.
Third-party logistics, or 3PLs, help outsource business operations such as supplychain and logistics. trillion by 2026 due to the COVID-19 epidemic. But there are many challenges faced by 3PLs today, especially with the uncertainties created with COVID, like canceling flights, reduced global supplychain capacities, etc.
One significant hurdle facing supplychain operations is the prospect of losing data collection capabilities as old ERP platforms are left behind. According to Bloomberg, 48% of companies still use on-premise ERP systems, while the remaining 52% represent early adopters of cloud technology.
With more and more real-time data and data analytics tools, most operations in supplychains are becoming more innovative. Furthermore, other technologies are constantly evolving and becoming more effective in logistics in general and transportation in particular.
Home June 20, 2024 Improve Order Accuracy and Service Levels with WarehouseAutomation Mary Hart , Senior Content Marketing Manager Meeting customer expectations for timely and accurate orders is no longer just a goal but a necessity for warehouses. What is Order Accuracy and Service Levels?
The construction supplychain is complex. To adapt, construction and building materials companies are getting strategic and implementing new technologies to ensure a strong supplychain. Central to the construction supplychain is inventory management. billion in 2023 to $ 1,867.16
Last month, at the 2023 Gartner ® SupplyChain Symposium in Orlando, Florida, there were many key supplychain themes that emerged. He added that one-third of all medium to large warehouses will have at least one robot platform operational by 2030. Read Part 1 to gain additional insights.
In 2024, the logistics and supplychain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. As companies move forward, they must be open to new technologies and adaptability to remain competitive. And we know that numbers don’t lie.
The ERP software market is growing rapidly in parallel with digital transformation efforts in the supplychain. As supplychains digitize to meet increasing needs for efficiency and speed, one of the core technologies behind these optimization efforts is enterprise resource planning software (or ERP technology).
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.
Parents got notifications that school was cancelled, employees got notice to stay home, the world started buying most of their goods online, and the global supplychain did a collective * gulp. Prior to heading into carrier evaluation & negotiations, make sure multi-carrier parcel shipping software is a line item in your budget.
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