The automated material handling equipment market is expected to reach $44.68bn by 2022, at a CAGR of 7.9 percent between 2016 and 2022, according to analysis firm Research and Markets. Market growth is propelled by increasing demand for automated solutions, advancements in technology; the need to ensure a safe working environment; and reduction in labor cost through advanced robotics.
The right warehouse management system can save your business time and money, enhance customer satisfaction and boost employee productivity. Choosing the wrong system for your business, however, can impair your customer service, drag down productivity and drive up costs. Your business requires a WMS that can automate your operation and increase your ROI. What, then, should you consider when evaluating your warehouse operations and needs? The following are three questions to consider when upgrading your warehouse technology.
Quite often, even among well-run businesses, the actual costs of inventory are inaccurate, underestimated and incomplete. While most resellers know they have dead inventory, many are unaware of just how much. Studies show that in even well-run companies, anywhere from 20 to 30 percent of inventory is dead or obsolete.
Soon, the labyrinthine aisles at Walmart's distribution centers - stocked high with canned beans, toys and many other products - could also have a low humming sound.
Over the past year, prime warehouse rents are up 9.9 percent across the U.S. and up by double-digit amounts in some large urban areas, according to a recent report. E-commerce and Amazon are in no small way responsible for the development.
TrackX Inc., a provider of radio frequency identification-enabled asset tracking and supply-chain management technology, has announced a partnership with Quest Solution Inc., an integrator of mobility systems for hardware manufacturers.
The latest news, analysis, services and solutions regarding warehouse management systems (WMS) and their impact on warehousing and distribution centers. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and warehouses are critical points in the overall supply chain. New technologies are optimizing productivity, increasing efficiency and cutting costs. Learn how companies around the world are improving supply-chain operations through their strategic use of warehouse management systems and softwares.
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