Walmart says that using the software to optimize driving routes, pack trailers efficiently and minimize miles traveled has allowed it to avoid generating 94 million pounds of CO2.
Warehouse management systems have long produced a wealth of data relating to picking, packing, slotting and inventory management, but the visualization capabilities provided by digital twins go a long way toward making that information actionable.
Studies have shown that companies implementing digital and sustainability innovations are two and a half times more likely to outperform competitors who don't seek to innovate. The problem many companies have when embarking on their digital journey is where to begin.
As Integration Platform as a Service
develops, artificial intelligence and machine learning will continue to play a major role in data integration and analysis.
Slotting has a significant impact on all the warehouse key performance indicators – productivity, shipping accuracy, inventory accuracy, warehouse order cycle time, and storage density. Yet, typical warehouses have less than a third of items located in optimal locations.
The report concludes that companies are increasingly investing in advanced technologies such as IoT devices and AI to improve their visibility capabilities.
The latest news, analysis, trends and solutions for cloud, software as a service (SaaS) and on-demand systems and their impact on supply chain management. New technologies in cloud computing are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of cloud computing and on-demand systems for supply chain management.
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