Could the market for automated warehouse storage & retrieval systems hit $15bn by 2030?
Investment in warehouse automation and management systems continues to rise as supply chains look to resolve exposed weaknesses and create greater resilience to macroeconomic headwinds. According to ABI Research, Automated Storage & Retrieval System (AS/RS) revenues are expected to surpass $15 billion globally by 2030, and Warehouse Management System (WMS) revenues are expected to exceed […]
Quarter of supply chain C-Suite roles filled by women
Women have made a strong comeback to the supply chain workforce in 2023, with gains at nearly every level of leadership, but particularly prominent at the C-Suite and executive level, where 26% of those roles (CSCO, SVP, EVP, CPO) are now filled by women, an all-time high and up from 19% in 2022. Gartner’s eighth […]
The transformative impact of AI on the logistics and supply chain sectors
Artificial Intelligence (AI) is revolutionising industries worldwide, and its impact on the logistics and supply chain sectors cannot be overstated. From streamlining operations to enhancing efficiency, AI-powered technologies are transforming how goods are transported, stored, and delivered. This article explores the ways in which AI is impacting the logistics and supply chain sectors, revolutionising the […]
Consumers want retailers to have sustainable home delivery services
43% of consumers feel retailers are doing a good job of using sustainable delivery practices, while more than 60% indicate they are quite/very interested in environmentally friendly delivery methods. That’s according to Descartes’ 2023 Home Delivery Sustainability Report: Consumers Expect More! survey, which examined consumer sentiment of retailers’ sustainability practices around their delivery operations. Additionally, […]
Supply chain productivity declines ‘cannot be solved by technology alone’
New technologies ranging from smart robotics to actionable AI have the potential to transform the supply chain function, but they will fail to lift historically low levels of labor productivity unless utilised as part of a broader strategy. Gartner experts shared those findings during the opening keynote presentation at the Gartner Supply Chain Symposium/Xpo EMEA, […]
Global enterprise ready to spend $70bn on smart energy solutions
Businesses are being compelled to reassess their energy purchase agreements with utilities, contemplate installing renewable microgrid systems, and prioritise energy efficiency, spending a stunning $70 billion on smart energy solutions by 2030. That’s according to ABI Research, which points to escalating energy prices posing a formidable obstacle to businesses and industries worldwide. It predicts that […]
73% of average supply chain IT budget ‘will be allocated to growth and performance’
As organisations place greater emphasis on supply chain management, Chief Supply Chain Officers (CSCOs) intend to grasp their collective opportunity to invest in growth through new technology investments. That’s according to a survey of 499 supply chain leaders undertaken by Gartner from October through December 2022 in North America, Latin America, Western Europe and the […]
Research pinpoints top five smart factory implementation risks
Smart factory operations can help supply chain leaders achieve many of their highest priorities, but the challenges are too often underestimated. That’s according to research from Gartner, which says successful smart factory initiatives require accompanying cultural and operational transformations that are slow by nature and in many cases will require entirely new organisational designs to […]
70% of businesses ramping up investment in supplier risk detection
Moody’s Analytics research into third party risk management shows that the threat to reputations is a key driver of investment in supplier risk detection. Key findings include 69% of businesses say they do not have the necessary visibility over their supply chains to uncover risk in their organisational networks to avoid reputational harm. Meanwhile, 70% of […]
Is carbon management crucial for a clean supply chain win?
As the urgency to combat global warming intensifies, enterprises are increasingly adopting rapid decarbonisation practices to align their business strategies with sustainable development goals (SDGs). With a focus on addressing the dual crises of climate change and the ongoing destruction of natural ecosystems, businesses are at the forefront of sustainability efforts and are highly interested […]
