Skip to content
Search AI Powered

Latest Stories

Demand for robotic goods-to-person systems to quadruple through 2023

Covid-19 speeds demand for non-invasive technologies that can ensure social distancing in warehouses, Gartner data show.

G2P systems on the rise as warehouses look for ways to ensure social distancing

Demand for robotic goods-to-person (G2P) material handling systems is expected to quadruple over the next two years as organizations seek ways to enforce social distancing in warehouses, according to data from industry analyst Gartner.

“Fallout from the Covid-19 pandemic is increasing demand for robotics in warehouses and distribution centers,” Dwight Klappich, vice president analyst with the Gartner Supply Chain practice, said in a statement this week. “G2P systems are an easy and economical way to not only enforce social distancing, but also improve productivity.”


Klappich added that robotic G2P systems are especially attractive because they are easy to implement and less invasive than other social distancing technologies, such as those that track employees’ movements. 

“Keeping people in place and using a virus-resistant robot to move goods around respects people’s privacy and keeps them safe at the same time,” Klappich said.

G2P systems also drive broader long-term improvements in efficiency and productivity while offering other benefits, such as greater storage density. 

The G2P data is part of a larger report on supply chain technology trends for 2021 that also predicts accelerated investment in artificial intelligence (AI) and advanced analytics (AA) capabilities among supply chain organizations. The data show that 50% of those organizations plan such investments through 2024, primarily to meet a growing need to make better, more informed decisions faster.

“Leading organizations use AI and AA to dig through the vast amounts of data they generate to understand what is happening in their business now and–more importantly–what is likely to happen in the future,” according to Andrew Stevens, senior director analyst with the Gartner Supply Chain practice.

Companies will continue to invest in applications that embed, augment, or apply AI and AA tools, he said.

“Supply chain leaders should adopt a broad and holistic perspective when it comes to AI and AA. These technologies are increasingly ubiquitous, and there are many ways in which they can be applied–such as data mining for smart manufacturing, visibility tools and autonomous transportation, and to aid customer retention,” Stevens said.

Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of sectors leasing warehouse space

3PLs claim growing share of large industrial leases, CBRE says

Third-party logistics (3PL) providers’ share of large real estate leases across the U.S. rose significantly through the third quarter of 2024 compared to the same time last year, as more retailers and wholesalers have been outsourcing their warehouse and distribution operations to 3PLs, according to a report from real estate firm CBRE.

Specifically, 3PLs’ share of bulk industrial leasing activity—covering leases of 100,000 square feet or more—rose to 34.1% through Q3 of this year from 30.6% through Q3 last year. By raw numbers, 3PLs have accounted for 498 bulk leases so far this year, up by 9% from the 457 at this time last year.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less