Logistics professionals today face many challenges. Whether it is labor shortages, the rising cost of warehouse space, or the need for quicker deliveries to end customers, these decision-makers are constantly seeking solutions to these modern-day supply chain problems. Many are looking to modernize to stay ahead of the competition. The solution may just lie in the latest warehousing trend: automation. In this white paper, we will examine some of the common issues confronting the supply chain industry as well as some potential solutions.
In recent years, supply chain leaders have had to respond to a number of ongoing disruptions. Yet many of the challenges logistics companies have to grapple with remain consistent over time. For instance, in a survey of supply chain professionals conducted for the 2022 MHI Annual Industry Report, 54% of respondents rated hiring and retaining qualified workers as extremely or very challenging, closely followed by customer demands for faster response times at 51% and rising customer demands on costs at 45%. This has left many supply chain stakeholders searching for innovative ways to resolve these issues, particularly by investing in new technologies. In fact, more than 60% of those surveyed for the MHI report expect automation to be critical to supply chain success over the next five years.
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