Using AI and IoT-powered robotics in supply chain management
India, March 6 -- During the pandemic, the supply chain sector suffered from labor shortages, greater demand, and over-ordering. Managers naturally looked for technological solutions to generate greater productivity and automate the distribution process.
31.52% of supply chain executives adopted robotics that allowed efficient distribution, rapid sorting, and labor assistance. Post-pandemic, as the logistics sector gradually rebounds, automation is surging in small-scale industries, with 5,000-6,000 robots built annually and deployed at various stages of the distribution process. As a result, the Indian logistics automation market expects to grow at a CAGR of 16.2% from 2023 to 2028.
AI and IoT-powered robotics in SCM
Warehouses and lo...
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