{"id":6955,"date":"2024-02-26T14:16:00","date_gmt":"2024-02-26T20:16:00","guid":{"rendered":"https:\/\/www.mhisolutionsmag.com\/?p=6955"},"modified":"2024-02-26T11:58:01","modified_gmt":"2024-02-26T17:58:01","slug":"digitizing-the-supply-chain-industry","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2024\/02\/26\/digitizing-the-supply-chain-industry\/","title":{"rendered":"Digitizing the Supply Chain Industry"},"content":{"rendered":"<div class=\"htmlBody article_div\">\n<div class=\"roofHeader\">\u00a0<\/div>\n<figure class=\"picture\"><img decoding=\"async\" src=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2024\/02\/028-01.jpg\" alt=\"digitizing\" \/>\n<figcaption><\/figcaption>\n<\/figure>\n<h4 tabindex=\"0\">IS DIGITIZATION A PRIORITY?<\/h4>\n<strong>73%<\/strong><br \/>of warehouse decision makers have or will be accelerating timelines of modernization projects\n<p><strong>86%<\/strong><br \/>of associates agree that implementing warehouse technologies, robotics and devices would help attract and retain workers<\/p>\n<p><strong>69%<\/strong><br \/>of warehouse decisionmakers already have or are planning to automate workflows by 2024 to support warehouse associates and shift them toward more customer-centric, high-value tasks<\/p>\n<p><strong>58%<\/strong><br \/>of supply chain decision makers reported plans to deploy passive RFID by 2028 as a means to help increase inventory visibility<\/p>\n<p><span class=\"attribution\"><em>Source: Zebra Technologies Corporation\u2019s \u201c2023 Global Warehousing Study\u201d.<\/em><\/span><\/p>\n<p>\u00a0<\/p>\n<p><strong>86% agree<\/strong><br \/>their company should invest more in technology to identify, track and measure supply chain risk<\/p>\n<p><strong>83%<\/strong><br \/>of executives say their supply chain technology investments haven\u2019t fully delivered expected results<\/p>\n<p><strong>More than two-thirds<\/strong><br \/>of respondents expect digitizing their supply chain to require some upskilling of employees<\/p>\n<p><span class=\"attribution\"><em>Source: PwC\u2019s &#8220;2023 Digital Trends in Supply Chain Survey&#8221;.<\/em><\/span><\/p>\n<p>\u00a0<\/p>\n<h4 tabindex=\"0\">AVOIDING DISRUPTIONS<\/h4>\n<p>To combat widespread supply chain disruptions, organizations are:<\/p>\n<ul>\n<li>Investing in back-office technology (ERPs, CRMs, WMSs, TMSs, etc.)\u201447%<\/li>\n<li>Invested in integration technology\u201434%<\/li>\n<\/ul>\n<p><span class=\"attribution\"><em>Source: Cleo\u2019s &#8220;2023 Global Supply Chain Executive Report&#8221;.<\/em><\/span><\/p>\n<p><strong>76%<\/strong> of respondents say supply chain investments improve business agility<\/p>\n<p><a href=\"https:\/\/www.mhisolutions-digital.com\/mhiq\/0224_volume_12__issue_2\/MobilePagedReplica.action?pm=2&amp;folio=28#pg28\" data-feathr-click-track=\"true\" data-feathr-link-aids=\"5b8554a907fd9433d5a294b4\"><em><strong>Click here to read the full feature.<\/strong><\/em><\/a><\/p>\n<\/div>\n<h6><span class=\"attribution\">SABURA\/<a href=\"http:\/\/SHUTTERSTOCK.COM\">SHUTTERSTOCK.COM<\/a><\/span><\/h6>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 IS DIGITIZATION A PRIORITY? 73%of warehouse decision makers have or will be accelerating timelines of modernization projects 86%of associates agree that implementing warehouse technologies, robotics and devices would help attract and retain workers 69%of warehouse decisionmakers already have or are planning to automate workflows by 2024 to support warehouse associates and shift them toward &#8230;<\/p>\n","protected":false},"author":40,"featured_media":6956,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[3811,3812,1378,442,1902,1907,466,2876,1315],"class_list":["post-6955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-article","category-technology","tag-digitization","tag-disruption","tag-innovation","tag-mhi-solutions","tag-mhi-solutions-magazine","tag-mhisolutionsmag","tag-supply-chain","tag-supply-chain-digitization","tag-supply-chain-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - 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