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

Kearney launches “supply chain institute” as more companies seek resilience plans

Trucking industry lobbies for leverage in transition to zero emissions

Safety will be top of mind on National Forklift Safety Day 2023

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

Report Abusive Comment

Most Popular Articles

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Best practices in logistics sustainability

  • Supply chain executives not yet seeing expected results from technology investments

  • Postal Service plans to seize items mailed with fake stamps

  • Inflation drops again as interest rate hikes hit home, NRF says

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

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