article thumbnail

The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

billion in 2029 , reflecting an average annual growth rate of 14.3%. Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. Terence Leung is Global Senior Director of Solutions Marketing for Supply Chain Management at Blue Yonder.

article thumbnail

Stad Ship Tunnel: Making Shipping Easier in the Northern Seas

MTS Logistics

The project is planned to be completed by 2029, with work beginning in second quarter of 2024. If built, it will be the world’s first full-size ship tunnel. The tunnel will be 1.7 kilometers long, 37 meters high, and 36 meters wide. Once completed, the tunnel will provide a safe and efficient passage for the maritime industry.

article thumbnail

India Eyes Becoming the Next China, But Challenges Remain

MTS Logistics

Diversification of Global Supply Chains After Covid, many companies reviewed their supply chains in detail and noted that many of them were vulnerable to threats since they mainly relied on sourcing from a single origin (mainly China). billion in 2029 and from there, it will decrease. forecast for China.

article thumbnail

6 Types of Automation [Benefits, Pros/Cons, Examples]

Conger

The industrial automation market grew globally, reaching $191 billion in 2021 , and is expected to reach $395 billion by 2029. This level manages the whole industrial automation system, with tasks like production planning, orders, customer and market analysis, sales, etc. 6 Types of Automation Automation has wide applications.

article thumbnail

[INFOGRAPHIC] AI Technologies: The Role of Humans & The Application in Logistics

GlobalTranz

Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. Mr. Ray Kruzwell: Futurist and Director of Engineering at Google: AI will be achieved by 2029.