Remove 2029 Remove Analysis Remove Tools
article thumbnail

The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

billion in 2029 , reflecting an average annual growth rate of 14.3%. Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. Driven by these benefits, the global market for warehouse execution systems is expected to grow from $1.22

article thumbnail

6 Types of Automation [Benefits, Pros/Cons, Examples]

Conger

The industrial automation market grew globally, reaching $191 billion in 2021 , and is expected to reach $395 billion by 2029. Programmable automation is code-based, allowing for excellent precision Programmable automation is most used in systems that produce similar items using the same automated steps and tools.

article thumbnail

[INFOGRAPHIC] AI Technologies: The Role of Humans & The Application in Logistics

GlobalTranz

Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. Mr. Ray Kruzwell: Futurist and Director of Engineering at Google: AI will be achieved by 2029.