Global manufacturing is turning digital at long last. After all, in the age of Industry 4.0, digital technologies have demonstrated the potential to deliver immense business value. Manufacturing companies are now keen to automate manual processes to drive efficiency. Among the emerging technologies in this space, digital twins play a critical role in driving automation
Manufacturing companies worldwide are facing an acute shortage of skilled labor. According to research by The Manufacturing Institute, 93% of manufacturing companies struggled to find qualified applicants despite an average of 800,000 open jobs in the market. A manufacturer said they found it hard to find candidates with the skills to operate complex packaging equipment.
Across the world, multiple businesses are turning to third-party logistics (3PL) suppliers to outsource elements of their distribution, warehousing, and fulfillment services. As a result, the 3PL market is projected to grow rapidly and is expected to reach $1,789.94 billion by 2027. A catalyst for this growth could be the evolution of the e-commerce industry,
Read this blog to learn more about automated material handling, how they differ, and why and to what extent automation is necessary.
Explore the 3 warehouse systems that act in tandem to process orders productively
Key takeways from the webinar organized by NextFirst and Bricspac to discuss the implications for warehouses in the new normal.