Material Handling & Logistics reports that digital technologies will continue to be a major driver in innovation within the supply chain, with many managers using the capabilities to monitor efficiency and also make the lives of workers easier. One of the big ways that technology can help is eliminating repetitive tasks in the warehouse that used to fall on employees.
The Guardian reports that technology is also being used to better predict when spikes in demand will hit, and managers have a better sense of when to fill inventory. By being able to determine what items will be in demand and when. Not only could this help generate revenue, but it will also eliminate the backed up inventory, which typically comes from poor planning when the inventory can’t sell and becomes a sunk cost.
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