We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » More companies investing in warehouse visibility technology

More companies investing in warehouse visibility technology

Company leaders realize the warehouse is central to supply chain operations and are making strides to improve visibility, data analytics, survey shows.

web-4869856_640.jpg
May 11, 2021
Supply Chain Quarterly Staff
No Comments
More supply chain executives are implementing warehouse visibility systems to complement their analytics data, according to a survey from supply chain technology company Longbow Advantage, released Monday.

The firm surveyed supply chain and warehousing executives about their use of warehouse visibility technology and found that most agree that such systems can improve performance in the warehouse and across the broader organization. Nearly 300 C-suite executives, vice presidents, directors, and managers from across the United States responded to the survey, officials said. More than half said they are seeing between a 5% to 10% increase in efficiency from their warehouse visibility technologies, and a quarter said they’re seeing between a 10% and 15% efficiency gain.

Slightly less than half said they’re experiencing a 5% to 10% increase in operational cost savings as a result of warehouse visibility technologies, and another third said they’re seeing a 10% to 15% increase in operational savings.

“Supply chain systems globally are feeling all kinds of pressure with everything from constrained transportation systems, labor workforce challenges, and supplier material shortages,” Alex Wakefield, CEO of Longbow Advantage, said in a statement announcing the survey’s findings. “... supply chain executives realize that the warehouse is central to the entire supply chain operation, and they need better visibility into what their data is telling them so they can make faster decisions in real-time.”

Nearly 70% of organizations said they need better visibility into the procurement functions of their warehouse, followed by production and labor (65%), and fulfillment (37%), for example. What’s more, most businesses (72%) said they will focus on aligning traditional supply chain strategies with digital analytics solutions over the next 12 to 24 months. Sixty-four percent said they’ll be focused on defining an advanced supply chain systems strategy. Another 34% said their focus will be on executions and refinement of newly installed systems and solutions.
Technology Warehousing
KEYWORDS Longbow Advantage
    • Related Articles

      Study: Investing in supply chain visibility builds trust

      Tech companies should do more to eliminate slavery, forced labor in their supply chains, report says

      Digital Freight Matching and Enhanced Visibility Insights Result in More Claim-Free Complete Loads

    Recent Articles by Supply Chain Quarterly Staff

    More women join trucking industry as technicians

    GE Appliances unveils $450 million upgrade to manufacturing plant in KY

    Freight technology provider Loadsmart acquires computer vision platform provider

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • California bill would require large corporations to disclose their greenhouse gas emissions

    • Panorays extends risk management throughout the digital supply chain

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing