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Food Business Review | Tuesday, March 12, 2024
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Despite the initial investment, smart warehousing offers numerous benefits, including improved productivity, accuracy, reduced overhead, less paperwork, fewer injuries, and increased customer satisfaction.
Fremont, CA: Smart warehousing is a technology that streamlines operations, reduces costs, increases efficiency, and enhances the customer experience. It allows warehouses to communicate low inventory or pick items, addressing supply chain issues and improving efficiency in the era of high eCommerce sales and supply chain issues.
What Is A Smart Warehouse?
An intelligent warehouse is a technology-driven facility that optimizes inventory and processes, utilizing the latest technology. Even though 80% of warehouses lack automation solutions, the market for warehouse automation technology is expected to grow in billions by 2030, and 27% of warehouse decision-makers plan to invest in it by then.
Benefits Of Smart Warehousing
Despite the initial investment, smart warehousing offers numerous benefits, including improved productivity, accuracy, reduced overhead, less paperwork, fewer injuries, and increased customer satisfaction.
Smart Warehousing Trends To Revolutionize Your Processes
The article highlights the impact of smart warehouses on businesses, highlighting top trends in warehousing that enhance receiving, storing, inventorying, and order fulfillment processes from end to end.
1. A Robust Warehouse Management System
A smart warehouse's warehouse management system (WMS) is its foundation, allowing users to manage essential supply chain functions from a single system. This system complements other automation processes, providing real-time access to quality data, improved inventory accuracy, better supplier-customer relationships, enhanced safety and security, and more.
2. Implementing RFID Tags
RFID tags efficiently track items in and out of a warehouse using radio wave-based technology. These small, affordable tags attach to assets like products or pallets and can read up to 1,000 tags per second. The data is then reported to a warehouse management system (WMS), aiding inventory management and order tracking.
3. The Internet Of Things (IoT)
The Internet of Things (IoT) is an essential component of smart warehouses, enabling sensors to monitor and control machinery and assets, preventing spoilage, ensuring machinery operates within established parameters, and alerting users when machinery needs immediate servicing.
4. Increasing Use Of Wearables
Smart warehouse wearables like smart glasses, headsets, and exoskeletons enhance efficiency and safety in fast-paced environments. They enable employees to move freely, perform repetitive tasks, assist with voice commands, and create new Work Management System (WMS) records.
5. Artificial Intelligence And Machine Learning
AI and machine learning are crucial for inventory management, staff scheduling, and warehouse picking. Deloitte reports that 31% of businesses use predictive analytics, with an expected 48% increase in usage over the next five years.