Industrial journalist, TR Cutler discussed despite the dramatic changes to Warehouse Management System (WMS) adoption, revenues keep increasing in the December issue of Manufacturing Outlook magazine. Read the full article here.
The warehousing sector has been forced to ramp up its digitization efforts considering the increased order volume and growing omnichannel trends due to the e-commerce boom. The biggest investment in WMS, unsurprisingly, has come from logistics service providers with over US$636 million last year.
According to Cutler, “While basic functionality is consistent, there have been added innovations and compelling developments. Advancements in data collection and tracking allow more insights into warehousing operations, as well as boosting predictive analytics. Operators now deploy Machine Learning (ML) algorithms that capture the data and give insights in real-time. A wider adoption of blockchain allows the supply chains to become more connected, accountable, and visible. Blockchain applications within WMS will fully streamline workflows and link them all together via encryption to ensure comprehensive security.”
The WMS platform impacting manufacturers now comes equipped with dynamic KPI’s (key performance indicators) and variance report monitoring dashboards. Operators can leverage WMS platforms to assess KPIs such as Receiving Cycle Time and Inventory Shrinkage. WMS 2022 and beyond will help manufacturers identify the bottlenecks and improve operational processes.
Jacket Media is the parent company of Manufacturing Outlook e-zine. The publication highlights current manufacturing trends.
Thomas R. Cutler is celebrating the 23-year anniversary of the Manufacturing Media Consortium, a group of 9000+ editors, journalists, freelancers, economists, addressing the industrial sector. Cutler and his team work to track the industrial sector trends which includes manufacturing, distribution, supply chain, robotics, technology, Industry 4.0, IIoT, and much more.
Cutler has launched two new areas of concentration: the power of Gen Z on the industrial sector and the dynamic impact of the African continent as a growing force in manufacturing.
Cutler has personally authored more than 8,000 articles for a wide range of leading manufacturing periodicals, industrial publications, and business journals. He was recently named the Most Influential Supply Chain Journalist by AI Global Media. Cutler is the most published freelance industrial journalist worldwide, and over 5000 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
Company Name: TR Cutler Inc.
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