As warehouses of all sizes become high-velocity operation centers, are often challenged to meet ever-increasing throughput requirements due to operational inefficiencies or inadequate systems. They face difficulties in keeping pace with rapidly changing market preferences and experience pressure on their fulfillment operations to reduce order processing time to provide same-day or next-day delivery options and the cost.
The ever increasing growth in online business, be it B2C or B2B e-commerce or any warehousing business for that matter, has already made a significant impact on warehouse operations and that impact will continue to grow further as E-commerce business continues to be the fastest-growing segment of the economy not only in India but across the world.
Overcoming the challenges, the need for optimizing intra-logistics activities, adopting new warehousing technologies and systems, and implementing better logistics management strategies on daily processes has become imminent and inevitable. Technologies have opened lots of opportunities for warehouse businesses to be productive and efficient
Currently, warehouses are passing through a technological transformation phase and moving towards adopting new technologies and systems in warehouse activities. Understanding the advantages of implementing technologies, many companies have already adapted to it while some have initiated transformation processes to stay competitive and profitable in the business.
Future-ready warehouse – the future starts now
As technology continues to advance at lightning speed, it is possible to anticipate the requirements of the warehouse will need to meet and that is, to provide increased productivity, enhanced flexibility, and space utilization to accommodate higher growth in stocks, manage higher throughputs to meet anticipated greater demand and more economical faster deliveries.
It establishes the fact that warehouses that are efficient to operate and have the ability to accommodate any needed transformations are required and remain in demand forever.