Logistics Sector Lags Pace of Overall Economy

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The price of automated labor compared to human labor has fallen by up to 50 percent since 1990 ? a trend that researchers expect to continue.

McKinsey Group

Labor costs comprise the largest part of a warehouse’s operating expenses,
upwards of 50 percent or more.

Inbound Logistics

Forecast: $10 billion market for robots that can handle materials better than humans.

Allied Market Research

Robots, already an emerging fixture in the frenetic landscape of logistics, are now, according to Automation World, ?gaining traction against traditional automated-guided-vehicle (AGV) and fixed-conveyor solutions.? Additionally, robots have also now become ?true options for small- and medium-sized businesses with limited automation skills and budgets.?

Journey of discovery

The journey to the ?New Supply Chain? has begun in earnest as a growing number of forward-looking manufacturers are building the tools for today and tomorrow?s logistics chores.

In many instances, it’s end users acquiring the tools of automation and driving the transformation of their own supply chains. Billions of dollars are at stake as layers of supply-chain complexity begin to unwind.

Tools for change