The supply chain management landscape is undergoing a major shift as companies worldwide recognize the need to embrace automation to stay competitive. This infographic from Raconteur explores the current state of automation in global supply chains and offers insights into future investment trends.
Warehouse automation emerges as the top priority for businesses, with 55% of companies investing in this technology to enhance delivery speed and overall profitability. Furthermore, predictive analytics, the Internet of Things (IoT), cloud logistics, and artificial intelligence also garner significant attention as they seamlessly integrate with supply chain automation. While complete automation may take some time, over 70% of warehouse managers have already adopted or plan to incorporate automation within the next five years.
Notably, different aspects of the supply chain, such as order fulfillment, exhibit varying degrees of automation, with considerable room for growth. By harnessing the power of automation and data-driven decision-making, supply chains can become more resilient, mitigating future risks like those experienced during the COVID-19 pandemic.