Episode 417: Flexible Solutions for Warehousing, Fulfillment, and Distribution with Flexe
In a recent episode of the New Warehouse podcast, Kevin welcomed Jennifer Dasher, VP of Logistics, and Jordan Lawrence, Director of Logistics Strategy, both from Flexe. Flexe is dedicated to offering innovative solutions to warehousing and fulfillment challenges, bridging the gap between enterprise shippers and a vast network of warehouse operators. Tune in to discover how Flexe’s programmatic logistics is changing the warehousing game, bridging shippers and operators for scalable, flexible solutions. Programmatic Logistics: How Flexe is Transforming Warehousing Solutions Programmatic logistics, or flexible logistics programs, offer a third approach beyond traditional self-run facilities and third-party logistics (3PL) providers. Jordan Lawrence highlighted that the traditional options have fixed costs and scalability limitations. “What Flexe has done with flexible logistics programs is push the envelope on flexibility, get to the bleeding edge of where that cost structure can be, the ability to move up and down, the speed, and the location.” Flexe’s technology platform enables dynamic scalability, empowering enterprise shippers to find the ideal balance between fixed and flexible solutions. This approach allows businesses of all sizes to access warehousing resources tailored to their unique needs. Empowering Warehouse Operators for Success Flexe’s network comprises over a thousand warehouse operators, ranging from small regional players to larger providers. These operators benefit from the partnership with Flexe by filling unutilized space and leveraging their strengths while leaving the technological and customer relationship aspects to Flexe. This collaboration allows operators to focus on execution, enhancing their reputation and increasing business stability. Flexe’s user-friendly platform simplifies onboarding, training, and integration, enabling operators to connect supply and demand seamlessly and in a way that it could not connect previously. The Flexe Institute The Flexe Institute is a hub for data-driven insights and thought leadership in the supply chain domain. By collecting and analyzing data from the spot market in warehousing, Flexe provides valuable information to shippers and industry professionals, helping them make informed decisions. This transparency in pricing and labor trends supports businesses in navigating challenges and optimizing their supply chain strategies. The Flexe Institute showcases Flexe’s commitment to driving innovation and knowledge-sharing within the logistics community. Key Takeaways from the Podcast Flexe’s Innovation: Flexe’s technology platform introduces programmatic logistics, revolutionizing warehousing solutions by providing scalability, flexibility, and efficiency for enterprise shippers. Operator Empowerment: Flexe empowers warehouse operators by connecting them with brands needing additional capacity, helping operators optimize their resources and enhance their reputation. Data-Driven Insights: The Flexe Institute offers valuable data and thought leadership, shedding light on spot market trends and labor dynamics and enabling shippers to make informed supply chain decisions. EP 417: Flexible Solutions for Warehousing, Fulfillment, and Distribution with Flexe
Flexible WMS the efficiency cure for ambitious 3PL
An up-and-coming US 3PL has invested in a cloud-based warehouse management system (WMS) to accelerate expansion and market share Michigan-based Cura Resource Group, which specializes in bespoke turnkey solutions for its dynamic and diverse range of clients, has implemented the award-winning, cloud-based SnapFulfil suite because of its inherent configurability, depth of functionality and multi-site capabilities. Cura successfully went live at their 10,000 sq.ft DC in Riverside, California, recently, after a rapid implementation period – and are quickly enjoying complete inventory visibility, optimized batch consignment and highly accurate image capture. Technologically advanced SnapFulfil replaces an order management system (OMS) that brought constant downtime, a lack of support and inability to adapt to Cura’s fast-paced work environment. Steve Brillati, CEO at Cura Resource Group, said: “The key advantage of choosing SnapFulfil was the immense support and backing we received from their team and the facility to adapt our many procedures into the functionality of the system. “Investing in a highly flexible and scalable WMS like this will optimize our fulfillment processes for much greater efficiency and enhance our labor productivity, as well as providing valuable insight into our operation and supporting us in gaining and retaining clients. SnapFulfil WMS integrates well with our new CIVA e-commerce platform too, which our clients are equally impressed by,” Brillati added. SnapFulfil Project Manager, Charles Thompson, added: “The Cura team were very receptive and we were able to walk them through all the WMS permeations and practice weeks before go live – and this continued into post support because of the increased volumes they were getting out the door. “They can now bulk upload and see their SKU numbers and variations anytime and anywhere, while the automated pick/track/label functionality is a major shortcut in their fulfillment processes.” Cura Resource Group was created to meet the last-mile distribution and warehousing needs of any business that wants a physical presence near where inventory is used, but doesn’t have the time, financial resources, or skills to develop and manage real estate on their own. As business ramps up, the next step is to take advantage of SnapFulfil’s multi-site capabilities and seamlessly implement the WMS into their five other facilities across the US.
Episode 416: Mastering data and inventory with Porter Logic
On this episode of The New Warehouse, Anya Skomorokhova, Co-Founder and Chief Operating Officer of Porter Logic joins the show to discuss the significance of data in today’s supply chain and warehousing industry. Be sure to tune in as Anya and Kevin delve into data management’s complexities and challenges, highlighting the increasing demand for comprehensive solutions to solve common problems in warehousing. All Roads Lead Back to Inventory After attending numerous trade shows focused on the supply chain industry over the past year, Anya found one clear lesson that resonated across discussions and pain points: all roads inevitably lead back to inventory. Whether the topic was manufacturing inefficiencies, order management intricacies, or demand planning, inventory stood out as the cornerstone upon which most challenges were built or solved. Common Inventory Challenges Stockouts and Overstocking – Often, companies face challenges at the front end due to inadequate inventory visibility. This can result in stockouts or overstocking, which have financial implications and strain customer relationships. Delayed Shipments – Lack of real-time inventory data often leads to shipment delays. Companies spend countless hours manually tracking goods, causing a ripple effect throughout the supply chain. Lack of Flexibility – Traditional supply chain systems can be rigid, not allowing companies to efficiently adapt to real-time inventory changes. This lack of flexibility can become an Achilles’ heel, affecting responsiveness to market demands. Understanding these issues firsthand, Porter Logic has tailored its technology stack to address them. While the core focus is inventory and warehousing, the platform’s capabilities extend naturally into order management and demand planning. Anya shares that Porter Logic allows customers to “Connect all their different systems together, fill the gaps between operations, and automate workflows across the supply chain.” This holistic approach ensures that you’re not just solving one problem but optimizing your entire supply chain. Leveraging Data for Optimization and Resource Management Anya believes data serves not just as a reflection of the current state but as a predictive tool, acting like a canary in a coal mine to signal upcoming challenges or opportunities. The Role of Data – More than Numbers Leading Indicators – Accurate data and the proper set of KPIs can serve as leading indicators for future market trends, allowing businesses to proactively address potential issues or capitalize on emerging opportunities. Decision-making – While qualitative insights, such as gut feelings or stories, have their place, they lack the empirical evidence that data provides. Only data can validate these intuitions, helping businesses discern between actionable trends and mere noise. Data Quality – Garbage In, Garbage Out The quality of your data will directly impact the quality of your decisions. Timeliness – Data loses value when it isn’t real-time or near-real-time. In an environment where market dynamics shift rapidly, data that is even two weeks old could be irrelevant. Standardization – One of the biggest challenges in data management is the lack of standardized definitions. This absence often leads to mistrust among team members who may be using different data sources or definitions to calculate the same metrics. Clean data and standard definitions yield most of the benefits. Anya believes, “You can get 80, 90% of the benefit just from having good clean data sources and having good, clean standard definitions, and enabling anybody in that organization to access that data or access that, that report or that metric at any time.” Before jumping onto the AI bandwagon, businesses should focus on streamlining their data pipelines and ensuring everyone has access to a ‘single source of truth.’ Making the Most of Data Adopting a tactical approach allows businesses to hone in on specific data elements contributing to these KPIs, mitigating the chaos of conflicting data sources. These KPIs can evolve, providing the organization with a dynamic roadmap for operational improvements. Balancing Metrics and Actions While focusing on specific KPIs, it’s crucial to be mindful of the interconnectedness of metrics. Overemphasis on one metric can inadvertently deteriorate another. Organizations should strive for a balanced portfolio of KPIs that can guide them through operational bottlenecks, avoiding the paralysis of analysis that comes with conflicting data sources. Technology as the Orchestrator Consolidating and streamlining data from various systems can be made easier with technological solutions, especially when companies are struggling with legacy systems and technical debt. Whether you’re a smaller operation using spreadsheets or a large enterprise with multiple data warehouses, choose technology that can grow and adapt with you. Solutions that offer robust connectivity are increasingly vital in today’s interconnected business landscape. Anya shares the example of a sizeable direct-to-consumer food business using varied third-party logistics (3PL) providers. Inefficient data management led them to mark bestselling products as “out of stock,” even when stock was available but not adequately accounted for. By automating the collection and standardization of data from multiple sources, the company achieved $131,000 in direct cost savings and a $250,000 revenue uplift in just a few months. Key Takeaways Achieving 80-90% of supply chain benefits hinges on maintaining good, clean data and standardized definitions accessible across the organization in real time. Modern businesses require software that talks to each other, maximizes competitive advantages, and fills operational gaps. Businesses are investing in systems that offer robust connectivity and API integrations, as these features enable them to quickly adapt to unique operational needs and foster greater efficiency and profitability. The New Warehouse Podcast EP 416: Mastering Data and Inventory with Porter Logic
Episode 415: Navigating the Future of Warehouse Automation with Rueben Scriven of Interact Analysis
For this episode of The New Warehouse, we have the pleasure of hosting Rueben Scriven, Research Manager at Interact Analysis, an organization at the forefront of market intelligence for supply chain automation. Rueben delves deep into what’s happening in the warehouse automation market, the dynamics of orchestration platforms, and the emerging trends shaping the future. From the big behemoths like Amazon to small and medium enterprises (SMEs), automation touches every facet of the supply chain. This episode offers a treasure trove of insights for anyone invested in warehousing, so you don’t want to miss it. The Current State of the Warehouse – The Interact Analysis Perspective The warehouse, often seen as the backbone of the supply chain, has undergone a remarkable transformation over the past few years. According to Rueben, we’re at an interesting crossroads in 2023. Surge and Slowdown – The initial pandemic-induced boom in e-commerce led to a surge in new, large-scale automated warehouses. However, as interest rates rise and e-commerce growth stabilizes, new warehouse construction is slowing down and is expected to decline by 35% in 2023 compared to 2022. Focus on Efficiency – Rather than building new facilities, operators are now more interested in maximizing the efficiency of existing warehouses. This has increased demand for point solutions or automation technologies that solve specific operational challenges. The Rise of Modular Systems – Technological advancements have developed more modular systems. The separation between Original Equipment Manufacturers (OEMs) and system integrators is becoming increasingly prominent as fast-paced technological developments have led to partnerships to harness both strengths. SMEs Entering the Fray – While large corporations have been the traditional investors in warehouse automation, there’s a significant uptick in smaller and medium-sized businesses embracing automation. Innovative financial models like “Robotics-as-a-Service” (RaaS) and leasing options are making it more accessible for them. The American vs. European Landscape – While the U.S. market is highly concentrated, with the top eight investors accounting for more than 55% of automation investments, the European market presents a more diversified landscape. The bottom line? The warehouse of the future is undergoing a seismic shift. It’s not just about size or scale; it’s about innovative, efficient, and flexible operations. A Deep Dive into Labor Trends, ROI Shifts, and Software-Centric Strategies Automation is not just a buzzword; it’s a necessity. Staying ahead means understanding the latest trends, technologies, and market shifts in today’s rapidly evolving supply chain landscape. The increasing integration of robotics and automation within warehouses has led to discussions around the return on investment (ROI) and the impact of labor availability on operations. Labor Availability and ROI Shift – The focus shifted from traditional ROI calculations to labor availability during the pandemic. With labor becoming scarcer due to various factors, warehouse operators were more concerned with maintaining operations than optimizing cost savings. Rather than seeking immediate cost savings, warehouse operators placed a premium on ensuring that operations could continue unfettered. Rueben believes, “ROI became less of a factor, and continuing operations became the central thesis of investing in automation.” Labor Trends – The conversation also touched on labor trends, highlighting the dramatic increase in warehouse labor during the pandemic, followed by expectations of gradual declines and fluctuations in the coming years. Rueben adds, “During the pandemic, warehouse labor in the U.S. nearly doubled, going from 1.3-1.4 million to an increase of about a million. We expect a decline of 200,000 FTEs in 2023, things to remain flat in 2024, followed by a significant increase of 250,000 FTEs in 2025.” This labor availability dynamic plays a role in shaping automation adoption strategies. Software’s Role in Automation – While the visual impact of automation hardware is striking, the conversation underlines that software is at the core of automation systems. Software, specifically WES, is vital for coordinating and optimizing the movement of goods through automated systems. This shift in perspective from pure hardware to software-centric approaches highlights the importance of intelligent decision-making in warehouse operations. Rueben believes, “At the end of the day, the value of your software you generate is how intelligent it is. It’s how many decisions your software makes. The more decisions your software makes, the more intelligent it is, the more valuable it is, and the more profitable it is.” ROI: Don’t Call it a Comeback Rueben revealed an emerging trend. “ROI is creeping back into the picture,” he explains. While the urgency of labor availability reshaped ROI considerations, the tide seems to be shifting once again. Rueben shares, “Companies are still looking at how do I continue my operations, but they want to do so in a cost-effective way.” The pendulum swings back, albeit with an altered perspective on what constitutes a justifiable ROI. Rueben’s nuanced assessment points to a potential turning point. “We’re at a correction or a year,” he states, cautioning against viewing the shift as a mere return to pre-pandemic norms. The recalibration of ROI thresholds suggests a new era where companies are willing to invest more to embrace automation’s benefits. This metamorphosis prompts intriguing reflections on the ROI concept—what it means, what it means now, and the evolving strategies it shapes. Key Takeaways from Interact Analysis Automation, the Future’s Imperative: Understanding warehouse automation trends is crucial in a rapidly evolving supply chain landscape. Interact Analysis provides insights into the integration of robotics, ROI shifts, and labor dynamics, shaping the future of warehousing. Labor Dynamics and ROI: Labor availability now drives automation investment. Pandemic-induced labor shortages shifted the focus from traditional ROI calculations to ensuring operational continuity. Software’s Vital Role: Automation’s core lies in software, especially Warehouse Execution Systems (WES). Embrace software-centric strategies for intelligent decision-making. The New Warehouse Podcast EP 415: Navigating the Future of Warehouse Automation with Rueben Scriven of Interact Analysis
Seeq announces partnership with Databricks to Accelerate IT-OT Data Convergence Across the Enterprise
Partnership builds on Seeq advanced analytics innovations and Databricks enterprise AI capabilities to improve data accessibility and enhance machine learning workflows Seeq Corporation, a provider in advanced analytics for manufacturing, announced a partnership with Databricks, the data and AI company, that brings a native integration between each company’s platform to simplify access to high quality asset and process data, unify IT and OT data processing and accelerate AI/ML adoption across the industrial manufacturing, pharmaceuticals, chemicals and energy sectors. This bi-directional integration enables users to seamlessly combine contextualized time series data from industrial assets with a vast array of enterprise data sources to deliver more robust reporting, analytics and predictions in their business. Databricks customers can now take advantage of Seeq’s extensive connectivity to time series data sources and power a wide range of analytical use cases across the enterprise. Insights developed in Databricks Lakehouse Platform can be operationalized in Seeq, introducing new opportunities for process experts and data teams to deliver data-driven solutions to increase industrial productivity, improve operational reliability, enhance safety, and accelerate progress towards sustainability goals. For petrochemical manufacturer Chevron Phillips Chemical Company, the Seeq and Databricks integration accelerated the company’s ability to scale data science and machine learning efforts across multiple digital initiatives involving process and laboratory data. Brent Railey, Chief Data & Analytics Officer of Chevron Phillips Chemical Company comments, “We are very excited about this partnership, as it will be mutually beneficial for Databricks, Seeq, and their shared customers. Seeq brings key time-series functionality that just isn’t available in other solutions. Seeq also simplifies the complexities of connecting to various types of process data sources. Databricks brings scalable, elastic data engineering and data science capabilities at an affordable price. Seeq can bring data to Databricks for complementary analytic purposes within Databricks. Databricks can serve cleansed and refined IIoT data to Seeq for self-service analytics. This partnership should make this one-two punch even more powerful!” “Our collaboration with Seeq unlocks tremendous value for customers, making it simpler for organizations to operationalize and democratize IoT datasets by leveraging the open and secure foundation of the Databricks Lakehouse Platform. This significantly lowers the barrier to data-driven innovation in the industry,” says Shiv Trisal, Global Manufacturing Industry Leader at Databricks. “The Seeq and Databricks integration is a critical step toward bridging the communication gap between operations technology and information technology personnel, which will drive increased machine learning value across the enterprise,” says Megan Buntain, VP of Global Partnerships and Ecosystem at Seeq. “We’re thrilled to add Databricks to the Seeq partner ecosystem and look forward to continuing to innovate with their team to improve outcomes for manufacturers.” To learn more about the Seeq and Databricks partnership, visit seeq.com.
AutoScheduler partners with FourKites to bring visibility to products coming in/out of the warehouse
AutoScheduler Sponsors FourKites Visibility Conference in Chicago, Sept. 6-7th AutoScheduler.AI, an innovative Warehouse Management System (WMS) accelerator, partners with leading supply chain visibility provider FourKites to bring visibility to products coming in and out of warehouses and distribution centers. Such granular visibility will help executives see exactly what is happening in their supply chain, determine bottlenecks that slow fulfillment, and uncover areas of cost reduction. “More shippers than ever want visibility of their supply chain network, which includes production facilities, warehouses, transport modes, suppliers, and customers,” says Keith Moore, CEO of AutoScheduler. “We are pleased to partner with FourKites to maximize the throughput of companies’ distribution networks.” “This use case from a global food manufacturer is the first joint project to use FourKites data integrated with AutoScheduler, which resulted in a 28% increase in personnel productivity at their first site,” says Nimish Patel, Vice President, Global Alliances at FourKites. “We are very excited about this partnership with the AutoScheduler.AI team, and to bring the value of real-time supply chain visibility to more warehouses and distribution centers across the world.” FourKites gives shippers a comprehensive view of all their inventory in transit around their network. This inventory can be in the yard, within warehouses, with intra-campus transfers, or at the dock or production facilities. AutoScheduler uses this visibility to streamline product flow through key distribution nodes, ensuring that distribution sites are not the bottleneck to delivery, thereby improving customer satisfaction with better on-time, in-full fulfillment. AutoScheduler is sponsoring FourKites’ annual user conference, Visibility, which brings together over 700 supply chain leaders from the world’s largest brands, including Kimberly-Clark, Bayer, ARMADA, Eastman, and Dollar Tree, among others. AutoScheduler executives will be at the event in Chicago on September 6 – 7, 2023, to meet prospective customers and network with peers. To schedule a meeting with AutoScheduler.AI execs at the FourKites Visibility conference, send an email to: sales@autoscheduler.ai.
Episode 413: Creating a Sustainable Supply Chain: Strategies for a greener future
In this episode of The New Warehouse Podcast, Ann Sung Ruckstuhl, Senior Vice President and Chief Marketing Officer of Manhattan Associates, discusses sustainability and efficiency within the warehousing and logistics industry. Manhattan Associates is at the forefront of sustainable supply chain transformation through innovative systems and software solutions for the warehouse and transportation segments. Sustainability isn’t just a buzzword to Ann; it’s a critical aspect of modern business, intertwining passion and science. As Ann aptly puts it, “Sustainability has a bleeding hearts element, but there’s a science element to it as well. Without the passion and the science, nothing real will happen.” So, let’s embark on a journey to explore how sustainability is becoming an integral part of the warehousing and logistics landscape. The Urgent Need for a Sustainable Supply Chain Ann points out that the logistics industry is a significant contributor to global carbon emissions, responsible for 60% of the world’s carbon emissions. This alarming statistic makes it clear that we, in the logistics industry, are both guilty and empowered to drive change. A sustainable supply chain isn’t just a nice-to-have; it’s an urgent need. She emphasizes, “When you want to solve a problem, you look for the variable with the biggest influence. We’re the biggest variable in this whole equation. That’s one of the biggest reasons we must focus on sustainability.” Furthermore, we live in an era where technology, climate change, and shifting human behavior converge. Technology gives us the tools to gain visibility and control over supply chains. Climate change forces us to confront the urgent need to reduce our carbon footprint. And human behavior is shifting towards more sustainable choices. Ann explains, “We have a unique window of opportunity where technology, climate change, and human behavior change converge. This convergence empowers us to operate supply chains most efficiently, sustainably, and socially responsibly.” The Consumer-Driven Sustainability Ann highlights Manhattan’s survey results, revealing that 49% of global consumers prioritize sustainability in their purchase decisions. However, only 27% of retailers consider sustainability a top business priority. This gap between consumer expectations and retailer priorities is an area that needs attention. Ann emphasizes, “Consumers care about sustainability, and brands must catch up. The level of urgency is not matched, but the winners who make money in unified commerce do more on sustainability.” One way Manhattan Associates is empowering consumers is through improved visibility and control. By partnering with Google, Manhattan ensures consumers can access vital information such as product availability, location, and accurate delivery promises. This enhanced visibility benefits consumers and aligns with the sustainability goals of reducing unnecessary trips and improving overall efficiency. A Sustainable Supply Chain Yields Profitable Results Sustainability isn’t just about reducing environmental impact; it also makes good business sense. Manhattan Associates’ recent Unified Commerce Benchmark proves this. Leaders in sustainability practices within the commerce sector are experiencing revenue growth three to six times that of their counterparts. Ann shares some empirical facts from the benchmark. Leaders are twice as likely to offer sustainable packaging, 87% of them disclose sustainability practices related to product sourcing, and 60% disclose sustainability product-specific information. These actions resonate with consumers increasingly purchasing based on a brand’s sustainability efforts. Ann explains, “Sustainability is a good business. It’s important, measurable, trackable, and optimizable. These practices benefit the environment and boost revenue and profitability.” Key Takeaways for a Sustainable Supply Chain Urgent Need for a Sustainable Supply Chain: The logistics industry significantly contributes to global carbon emissions, making sustainability an urgent need. Converging factors, including technology, climate change, and shifting consumer behavior, provide a unique opportunity for positive change. Consumer-Driven Sustainability: Consumers prioritize sustainability, but many retailers lag in making it a top business priority. Enhanced visibility and control, facilitated by Manhattan Associates, empower consumers to make more sustainable choices. Profitable Sustainable Practices: Sustainable supply chain practices are environmentally responsible and drive revenue and profitability. Leaders in sustainable supply chain practices experience substantial revenue growth and are more likely to disclose sustainability efforts. The New Warehouse Podcast EP 413: Creating a Sustainable Supply Chain: Strategies for a Greener Future
Episode 412 Unlocking the secrets of labor market in the warehousing industry: Insights from Kim Vidrine of Employbridge
What is going on with the labor market in the warehousing industry? We delve into these pressing questions with our special guest, Kim Vidrine, Director of Operations at Employbridge, the supply chain’s largest staffing provider. Kim Vidrine is a seasoned professional with over two decades of experience at Employbridge. As the Director of Operations, she plays a vital role in overseeing the operations of this prominent staffing company. Employbridge boasts a national footprint with 400 branches across the United States, placing nearly 500,000 associates in jobs each year. Under the Employbridge umbrella, eight specialized brands cater to various supply chain roles. So if you’re curious about the current state of the labor market in the warehousing industry and how companies are navigating the challenges of attracting and retaining workers, this episode is for you! Now, let’s dive into the key topics covered in this podcast episode: The State of the Labor Market in the Warehousing Industry When discussing the current state of the labor market, Kim points out that while there’s a noticeable softening in the market, the demand for logistics positions continues to rise. She highlighted that, based on data from Indeed, job postings for logistics roles have increased by 55%. This growth brings the industry back to levels similar to January 2021. Kim adds, “The workforce participation rate is the space where we want to motivate people to get back into the workforce.” This segment took a significant hit during the COVID-19 pandemic but has been slowly recovering. This metric reveals the need to motivate people to rejoin the workforce, which segues into a discussion about Employbridge’s survey, “The Voice of the American Workforce.” Insights from “The Voice of the American Workforce” Survey Employbridge conducts an annual survey to understand what matters most to workers in the supply chain industry. In their 17th edition of the survey, they found valuable insights into the priorities and preferences of workers. Notable findings about the labor market in the warehousing industry from the survey include: Pay Rates: Pay remains the primary factor influencing job decisions for the labor market in the warehousing industry. Quote from Kim Vidrine: “Pay rates have consistently been the primary driver for people looking for a new job.” Flexible Schedules and Gig Work: Many respondents expressed interest in more flexible work schedules, with a particular preference for shorter shifts, allowing them to balance work with other obligations. Job Security: In a shift from previous years, job security has gained importance among workers, reflecting economic uncertainty. Respect and Appreciation: Treating employees with respect was identified as a crucial factor in building loyalty and retaining workers. Advancement Opportunities: Many logistics workers expressed willingness to invest their time in upskilling, highlighting the importance of training and advancement opportunities. Kim believes, “People are looking for commitment from their employers. They’re looking for a way forward, training opportunities, and appreciation.” Workforce as a Service: The Introduction of Blue Crew Employbridge’s recent acquisition of Blue Crew brings an innovative approach to the labor market in the warehouse industry. Blue Crew operates as a “workforce as a service” provider, offering a blend of a W-2 labor force, a cutting-edge platform, and data analytics. Kim shares, “We’re eliminating some of the obstacles to get people to work. This is going to revolutionize our industry” by offering flexibility for employers and employees. With a strong focus on the transparency and control provided by the platform, employers can select and manage their workforce while employees can choose opportunities that suit their preferences. Key Takeaways About the Labor Market in the Warehousing Industry Prioritize Competitive Pay Rates: The labor market in the warehouse industry continues to see compensation as a high priority. Attracting and retaining talented individuals requires competitive compensation rates. Competitive compensation improves engagement and dedication and fosters a sense of value and recognition within the organization. Offer Flexibility and Training: Embrace flexibility in work schedules and provide opportunities for upskilling. Workers are eager to learn and adapt to new technologies. Focus on Respect and Job Security: Show respect and appreciation to your employees. Make job security a priority, especially during times of economic uncertainty. The New Warehouse Podcast EP 412: Unlocking the Secrets of the Labor Market in the Warehousing Industry with Kim Vidrine of Employbridge
140 New Industrial Manufacturing Planned Projects for July remain steady for second month
SalesLeads announced today the July 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 140 new projects in July as compared to 141 in June, unchanged for the Industrial Sector. The following are selected highlights on new Industrial Manufacturing industry construction news. Industrial Manufacturing – By Project Type Manufacturing/Production Facilities – 129 New Projects Distribution and Industrial Warehouse – 82 New Projects Industrial Manufacturing – By Project Scope/Activity New Construction – 44 New Projects Expansion – 48 New Projects Renovations/Equipment Upgrades – 57 New Projects Plant Closings – 13 New Projects Industrial Manufacturing – By Project Location (Top 10 States) California – 10 New York – 9 Texas – 9 Indiana – 8 Ohio – 8 Michigan – 7 Georgia – 6 Minnesota – 6 Tennessee – 6 South Carolina – 5 Largest Planned Project During the month of July, our research team identified 16 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more. The largest project is owned by Formosa Plastics Corporation, who is planning to invest $12 billion for the construction of a processing facility in ST. JAMES, LA. They are currently seeking approval for the project. Construction is expected to start in Summer 2024. Top 10 Tracked Industrial Manufacturing Projects CALIFORNIA: Semiconductor MFR. is planning to invest $2 billion for the expansion, renovation, and equipment upgrades on their manufacturing facility at 7501 Foothills Blvd. in ROSEVILLE, CA. They are currently seeking approval for the project. Completion is slated for 2026. TENNESSEE: Automotive component mfr. is planning to invest $790 million for the construction of two manufacturing and warehouse facilities totaling 940,000 SF in STANTON, TN. The project includes the construction of a 400,000 SF manufacturing facility in LAWRENCEBURG, TN. Completion is slated for 2025. TEXAS: Tissue paper MFR. is planning to invest $400 million for the construction of a manufacturing and warehouse facility on Gene Campbell Rd. in NEW CANEY, TX. They are currently seeking approval for the project. They will relocate their operations upon completion. INDIANA: Plumbing equipment MFR. is expanding and planning to invest $300 million for the construction of a 300,000 sf manufacturing facility adjacent to their existing plant in WABASH, IN. Construction is expected to start in early Fall 2023. ARIZONA: Semiconductor equipment MFR. is planning to invest $270 million for the construction of a laboratory and manufacturing facility on the Arizona State University campus in TEMPE, AZ. They are currently seeking approval for the project. FLORIDA: Building materials MFR. is planning to invest $235 million for the expansion and equipment upgrades on their manufacturing facility in PALATKA, FL. They are currently seeking approval for the project. GEORGIA: Automobile MFR. is planning to invest $200 million for the renovation and equipment upgrades on their manufacturing facility in WEST POINT, GA. Completion is slated for Spring 2024. OHIO: Tissue paper MFR. is planning to invest $185 million for a 500,000 SF expansion of their manufacturing facility in CIRCLEVILLE, OH. They are currently seeking approval for the project. Completion is slated for 2025. SOUTH DAKOTA: Industrial supplies MFR. is planning to invest $158 million for a 200,000 sf expansion of their manufacturing and warehouse facility in BROOKINGS, SD. They are currently seeking approval for the project. KENTUCKY: Automotive components MFR. is planning to invest $153 million for a 752,000 SF expansion and equipment upgrades on their manufacturing facility in BEREA, KY. They are currently seeking approval for the project. About IMI SalesLeads, Inc. Since 1959, IMI SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.
Episode 411: Data in Warehousing – Dexory is transforming operations with real-time insights and autonomous robots
In this exciting episode of The New Warehouse podcast, we sit down with Andrei Danescu, the visionary co-founder and CEO of Dexory, a trailblazing company at the forefront of transforming warehousing through real-time data and autonomous robotics. Andrei Danescu’s journey from a background in Formula One racing to co-founding Dexory is a testament to his passion for pushing the boundaries of technology. Armed with expertise in data engineering and a zeal for robotics, Andrei is leading Dexory’s charge to reshape the warehousing industry with data-driven insights and cutting-edge automation. Dexory is revolutionizing how warehouses operate by harnessing the power of real-time data and autonomous robots. By seamlessly combining these elements, Dexory provides warehouses an unparalleled advantage in streamlining operations, optimizing resource utilization, and driving efficiency. Real-Time Data in Warehousing: The Heartbeat of a Modern Warehouse A pivotal shift from traditional manual processes has emerged in an era defined by the digital transformation of warehousing. Andrei underscores this shift: “We are transitioning from pen-and-paper operations to a digital twin environment.” Dexory’s technology facilitates this transition by offering real-time data insights that empower informed decision-making, streamlined workflows, and adaptive strategies. He adds, “The entire company has access to the data, and everyone can discuss specific challenges within various warehouses, all from a single source of truth.” Unlocking Efficiency through Digital Twin and AI Dexory’s digital twin platform, augmented by AI algorithms, stands as a game-changer in the quest for operational excellence. Warehouses can now create virtual replicas of their facilities, enabling them to simulate various layouts and scenarios. This AI-driven approach empowers warehouses to forecast capacity, analyze demand, and make proactive decisions for optimal efficiency. “With Dexory’s AI copilot, you can visualize different warehouse layouts, optimize resources, and ensure efficient operations. It’s like having a virtual assistant guiding your every move.” Driving Innovation through Strategic Partnerships Andrei succinctly captures the essence of this partnership: “Our collaboration with Maersk showcases the transformative impact of real-time insights and data-driven decision-making on warehousing operations, setting the stage for a more efficient future.” This collaborative venture stands as a vivid embodiment of Dexory’s groundbreaking technology, dynamically reforming accuracy, efficiency, and scalability within the industry. The path to the ‘warehouse of the future’ is being paved right before us. Key Takeaways: The shift from manual to digital operations with real-time data is shaping the future of warehousing, enhancing decision-making and efficiency. Dexory’s integration of autonomous robots, advanced sensors, and AI algorithms enables warehouses to optimize operations and resource management. Dexory’s strategic collaboration with industry leaders like Maersk highlights the tangible benefits of real-time insights in driving warehousing accuracy, scalability, and operational excellence. The New Warehouse Podcast EP 411: Data in Warehousing – Dexory is Transforming Operations with Real-Time Insights and Autonomous Robots
Bis Henderson launches “Breathing Space” campaign
Supply chain and logistics specialist, Bis Henderson Space, has launched “Breathing Space”, a major multi-media campaign promoting its innovative Managed Warehouse Solutions concept. “Breathing Space” reflects the freedom of a ‘Pay-as-you-need’ pallet storage model that allows businesses to flex their storage capacity according to immediate needs – giving organisations the agility to grow and respond swiftly to new opportunities with less exposure to risk. Scaleability is intrinsic to this concept, as anywhere from 5 to 50,000 pallets can be accommodated on a ready-to-go basis. The marketing initiative is aimed at promoting the benefits of flexible storage to businesses of all sizes that require additional storage space to secure growth or to provide greater agility at peak. The model allows businesses to de-risk their operating model by hiring space only as and when they need it – avoiding the commitment and constraints of a long-term leasing agreement. Over 4.5 million sq ft of “Breathing Space” is available and readily accessible across the UK and Ireland – from Greater London, the South West, Wales and the Midlands… to Northern England, Humberside, Yorkshire and Scotland. Space when and where businesses need it. The Breathing Space marketing campaign driving awareness for this concept, is the most extensive multi-media promotion undertaken by Bis Henderson Group to date, involving all the key digital channels, including paid search, LinkedIn, video content and digital advertising – devised and coordinated by award-winning brand development agency, Studio North, and supported by specialist logistics media relations agency, AMA PR. Steve Purvis, Managing Director at Bis Henderson Space, says: “Most industrial, manufacturing or retail businesses now need to be highly agile in the way they respond to changes within their markets, whether that be moving quickly to take advantage of new opportunities as they arise, or scaling back to save on costs. And that means storage space needs to flex with the business. Our solution gives businesses the ability to flex to market needs without major capital commitments to worry about or long-term leases and complex contracts – including stamp duty and dilapidation costs at the end – creating valuable ‘breathing space’ for decisionmakers. With this concept, we provide complete flexibility, in terms of number of pallets to be stored, locations across the country and the length of time they’re on the books – fully managed warehouse solutions, with expert support throughout.” He adds: “Long-leases, big overheads and onerous clauses can stifle growth. Our flexible solution gives businesses the breathing space to grow.”
Episode 410: The collaborative success of Vanderlande and RightHand Robotics
Welcome back, avid listeners of The New Warehouse Podcast! In today’s exciting episode, we’re diving into the fascinating world of warehousing innovation with two exceptional guests. The dynamic duo joining us today: Jake Heldenberg, Head of Solution Design for Warehousing in North America at Vanderlande, and David Schwebel, Head of Sales and Business Development at RightHand Robotics. Get ready to uncover the secrets behind their groundbreaking partnership, where integrator expertise meets cutting-edge robotics technology, reshaping the landscape of modern warehousing. In this blog post, we’ll explore the highlights of their conversation, focusing on three key topics that shed light on the warehousing industry’s evolution and the crucial role these companies play. Tailored Automation Solutions: Vanderlande’s Approach to Warehousing Excellence Let’s start by delving into Vanderlande’s role as a leading solutions provider in the warehousing industry. Jake gives us insights into Vanderlande’s core mission: “The number one thing that we focus on working with our customers is finding the right solution for them to make their business better, stronger, more profitable.” Vanderlande specializes in optimizing supply chain processes and distribution center operations to enhance businesses’ efficiency, accuracy, and overall success. As Jake explains, it’s not just about automation—it’s about identifying what makes each customer unique and creating tailor-made solutions that empower them to outshine the competition. Robotics Revolution: Unleashing the Potential of RightHand Robotics David Schwebel introduces us to the world of RightHand Robotics, a pioneering force in robotic piece-picking technology. Founded in 2014, the company’s ingenious solution involves “the hand, which is how we pick things, the eye, how we observe it and see it in the arm that moves it.” RightHand Robotics’ innovation lies in its ability to replicate human-like dexterity and precision, offering seamless solutions for various fulfillment needs. “Ultimately, it is all about picking and placing the eaches that delight the consumers and end users.” David emphasizes that their partnership with Vanderlande has been instrumental in expanding their capabilities and enhancing the customer experience. Bridging the Gap: The Integrator-Robotics Synergy The heart of this engaging conversation revolves around the unique partnership between Vanderlande and RightHand Robotics. Jake provides valuable insights into this collaboration: “Through looking at all these various companies, we found that with RightHand, they had all three segments covered.” He refers to vision and grasping, hardware, and robot control—as essential components in successful automation. David elaborates on how this partnership has allowed RightHand Robotics to focus on its core strength, robotic picking, while leveraging Vanderlande’s expertise in system integration, program management, and design. Together, they’re tackling the challenges of order completeness and process optimization to drive their customers’ success. Key Takeaways from Vanderlande and RightHand Robotics Customization is King: Vanderlande’s mission centers on crafting tailored automation solutions that align with each customer’s unique needs and competitive advantage. Robotics Revolutionized: RightHand Robotics’ mastery of robotic piece-picking technology unlocks unprecedented accuracy and efficiency, enhancing fulfillment operations. The Power of Synergy: The partnership between Vanderlande and RightHand Robotics demonstrates how integrator expertise and robotics innovation come together to fill gaps and deliver seamless, optimized solutions. The New Warehouse Podcast EP 410: The Collaborative Success of Vanderlande and RightHand Robotics
Nexterus partners with Warehowz to speed contracting for client warehouse space
Partnership improves efficiencies and lowers cost of warehouse search Nexterus, a world-class supply chain management and third-party logistics (3PL) services provider, announces a partnership with Warehowz, an online platform for on-demand warehousing and services. Nexterus’ clients will benefit from the ability to find warehouse space across the country. The Nexterus team will quickly and easily find available warehouse space using Warehowz’s online marketplace of over 2500 properties. ‘We often work with clients who need additional warehouse space, and working with Warehowz’s on-demand warehouse marketplace, we will be able to find the right sized warehouse in the right location quickly and easily,” says Ryan Polakoff, president of Nexterus. “Our team can search for the right location and size of a warehouse on the marketplace, negotiate contract terms, and set up automated invoicing. Having the ability to find available warehouses from the extensive Warehowz database quicker means we improve efficiencies and lower costs by not having to do manual searches for warehouse space, and clients can get the space they need at the right time to improve inventory processes that lead to faster fulfillment and better customer service.” “Success in today’s highly competitive business environment requires companies to scale their logistics processes constantly, which means the business must be as agile as possible with the capability to add capacity almost immediately,” says Rich Oprison, Chief Revenue Officer, Warehowz. “We are an innovative on-demand warehousing solution revolutionizing how businesses identify warehousing solutions. We seamlessly integrate with an existing WMS and process invoices to reduce the strain on a company’s Accounts Payable.” Warehowz has over 2500 warehouses in its network across the US and Canada. With over 23,000,000 square feet of available space, Warehowz can store and ship millions of goods for customers. Each warehouse is fully vetted for professionalism and service offerings so companies have the best match for their specific needs. Nexterus will use the Warehowz proprietary platform for faster search. The Warehowz platform integrates with a client’s existing WMS to simplify payment by allowing automatic payment processing with reduced AP resources. “Warehowz helps with market expansion, an increased distribution footprint, seasonal overflow inventory, reverse logistics, and disaster response,” adds Polakoff. “By partnering with Warehowz, Nexterus can give clients a strong value proposition to transform their logistics operations. We will be able to save companies time by finding them the right warehouse in just a few days.”
Episode 408: Empowering the Blind and Visually Impaired workforce in warehousing with The Austin Lighthouse
In this episode of The New Warehouse Podcast, Kevin sits down with Raelene Gomes, the IT Manager at the Travis Association for the Blind, also known as The Austin Lighthouse. The Austin Lighthouse, founded in the 1930s, is a warehousing and distribution organization that employs and trains blind and visually impaired workers intending to help them find employment outside the Lighthouse while encouraging upward mobility. Improving Workforce Inclusivity at The Austin Lighthouse through Transformative Technology Raelene discusses how they’ve successfully utilized various technologies, such as screen reading technology, voice picking, and textured tape on the floor, to create a more inclusive and accessible workplace for visually impaired employees. She believes “Technology is so powerful and can be a big equalizer across abilities. With the right technology in place, I cannot limit what I can achieve.” By partnering with technology providers like Zebra and Manhattan Associates, they’ve worked to make software and hardware more accessible, enabling their workforce to thrive. Embracing the Future of Work: Work from Home and Automation Looking to the future of work, Raelene highlights the importance of work-from-home opportunities, especially for individuals with transportation challenges. She also emphasizes the potential of automation as a means to elevate job opportunities rather than replace employees. For example, robots can reduce travel time, making tasks more manageable for employees with specific impairments. She adds “I think automation is going to be a big thing, which, if done right, opens up job opportunities rather than taking them away.” Tapping into an Untapped Workforce in Warehousing Market Raelene urges employers to be open-minded about hiring visually impaired individuals and to inquire about the adaptive technology needed to support them effectively. “I’d like to see more employers ask what kind of adaptive technology is needed. It’s usually not a big ask and can open up job opportunities for people with disabilities.” By doing so, companies can tap into an untapped labor pool, fostering a more diverse and inclusive workforce. Key Takeaways from The Austin Lighthouse By implementing accessible technologies, companies can create a more inclusive and empowering work environment for visually impaired employees. Embracing work-from-home opportunities and automation can enable greater workforce participation and job growth for people with disabilities. Employers should explore adaptive technology and open themselves up to hiring from the visually impaired labor pool, expanding workforce diversity and fostering inclusivity. The New Warehouse Podcast EP 408: Empowering the Blind and Visually Impaired Workforce in Warehousing with The Austin Lighthouse
Wize Solutions acquires Warehouse Equipment Contractors Inc.
Wize Solutions announced the close of its acquisition of the Warehouse Equipment Contractors, Inc. installation business. This strategic acquisition will provide WIZE with additional experienced teams of warehouse installation employees in the Southern California market that has strong and connected leadership. Hear the details directly from Wize leadership on the announcement video here: WIZE Acquisition Announcement Video. With projects completed in all 50 states, more than 100 dedicated employees, thousands of satisfied customers and completed projects, this strategic acquisition is another step WIZE has taken to strengthen its offering to its customers. I am glad to welcome Monte and his staff to WIZE,” said Tyson Bigelow, president of Wize Solutions. “Monte has more than 27 years of experience in material handling and brings a wealth of knowledge in warehousing, automated systems, design and installation. He has strong relationships with dealers and distributors, and we look forward to him maintaining these connections in his new role at WIZE.” “I have known Tyson, Ryan Boucher and Josh Trayner for many years and respect their high-quality standards, integrity and the business they have built,” said Monte Landy, founder and principal of Warehouse Equipment Contractors, Inc. “Now that Warehouse Equipment Contractors, Inc.’s installation business is now officially part of WIZE Solutions, Inc., I am looking forward to providing our expanded customer base with the same warehouse services with the added resources of WIZE.” WIZE has scaled the business with other components including: • Strengthening install teams across the country: Through hiring on-staff project managers, additional installation employees, a new installation team and a national sales manager to service the growing customer base in the United States. • General Contractor Capabilities: WIZE Solutions holds contractor licenses in most states and provides permitting services while maintaining the highest level of insurance coverage. • High Safety Standards: WIZE Solutions maintains a great safety record, the WIZE foremen are OSHA 30 trained and general laborers are OSHA 10 trained.
Platinum Tooling Technologies, Inc.
Tompkins Solutions names Dan Bryan Vice President of Sales
Tompkins Solutions, a supply chain consulting and material handling integration firm, just announced that Dan Bryan has joined the company as vice president of sales. In this role, Bryan will be responsible for driving sales growth and identifying opportunities to deliver value to existing and prospective customers. Bryan has more than two decades of experience leading sourcing and logistics initiatives and business development efforts for organizations ranging from small startups to Fortune 500 companies. Prior to joining Tompkins, Bryan was partner and vice president for Blue Spring Partners, and also held senior management positions with Overstock.com, iFit (formerly Icon Health & Fitness) and UPS Supply Chain Solutions. “Dan’s extensive background in supply chain and logistics and demonstrated success helping companies achieve revenue targets and reduce costs will be invaluable to both our clients and our organization,” said David Latona, CEO of Tompkins Solutions. “We’re excited to have him on board and help us continue to deliver results-driven supply chain solutions to our customers.”
Warehouse construction declines by 25% in 2023
Demand for mobile robots has increased, while demand for end-to-end fixed automation slowed in 2022. The COVID-19 pandemic had a significant impact on e-commerce, fueling demand for warehouse automation. Total market size for warehouse automation will be 6% lower in 2027 than initially forecast, owing to a negative adjustment to our fixed automation forecast. While demand for mobile robots has increased this year, the number of new warehouses being built in North America and Europe has declined during 2023, according to new research from Interact Analysis. The market intelligence specialist reveals in the latest update to its warehouse automation premium market research report that the fall in warehouse building is having a knock-on effect on demand for end-to-end automation projects. Compared with 2022, there has been a 25% slowdown in the number of new warehouses being built in the US and Europe in 2023, and, as a result of this, demand for end-to-end automation decreased. However, the slowdown is expected to be short lived and warehouse construction is predicted to pick up again by 2025. The APAC region has been less affected by the current macroeconomic volatility; however, Interact Analysis does expects a slight slowdown in growth for this region in 2023. The mobile robot market has enjoyed exponential growth in recent years and will continue to do so over the next 5 years. Interact Analysis has increased its forecast projection for this segment of the market despite forecasting a slight downward trend for fixed automation demand. The reason for the adjustment to our forecast is mainly driven by the automated forklift segment and slower price erosions. The slowdown in e-commerce growth has had a direct impact on the demand for automation from the grocery, apparel and general merchandise segments. Traditionally, these have been the fastest growing segments, while vertical markets upstream in the supply chain, such as manufacturing, have experienced slightly slower growth. However, in 2022 demand for automation from grocery, apparel, and general merchandise slowed down as a result of the decline in e-commerce, while upstream vertical markets like durable manufacturing and food & beverage have experienced strong growth, driven by near-shoring.
Dematic reduces noise of supply chain facilities which enhances worker experience with 3D Noise Mapping audit
Dematic announced the global launch of its Noise Reduction Portfolio, a comprehensive solution to address loud work environments across supply chain facilities. The offering includes before and after 3D noise mapping audits throughout a facility, enhanced rollers, slats, and belt conveyors that can reduce noises at their source by up to 15 decibels. “The well-being of our customers and their employees is a high priority that includes protecting hearing when working in loud environments like distribution centers,” says Andy Randles, Senior Director, Global Lifecycle Support. “By implementing this portfolio of technology, our customers can take the noise levels down in their facilities from a concert hall to a classroom chat. It’s a huge step forward in improving work environments.” To diagnose noise levels, Dematic uses 3D noise mapping to conduct on-site testing at customer facilities that visually identifies acoustic hazards, similar to the way a heatmap identifies temperature hazards. Dematic then builds a noise model to simulate how upgrading equipment would reduce noise levels. The company recommends upgrades and installs quiet rollers, slats, and conveyors as needed. Dematic conducts a second test after installation to demonstrate the difference before and after the upgrade was made. “We’re proud to provide such a comprehensive noise reduction portfolio,” says Randles. “Reducing noise levels in facilities is not only meaningful for worker health and safety, but also to job satisfaction. We’ve heard from customers that morale and productivity among workers goes up when noise levels are lower.” According to the National Institute for Occupational Safety and Health (NIOSH), approximately 22 million workers in the U.S. are exposed to noise loud enough to damage their hearing each year. Similarly, studies in Europe have found up to 30 million workers are exposed to occupational noise that endangers their hearing. Results of research studies like these underscore the importance of furthering technology and solutions that protect worker hearing and improve safety. The new portfolio continues Dematic’s focus on reducing noise levels in customer facilities so workers can better communicate and hear safety sounds. In 2022, Dematic introduced new noise reduction features on its linear sorter that included quiet shoes, merge wedges, and slider belts.
Episode 401: Unlocking the potential of digital twins and AI in warehousing with Synkrato
In this episode of The New Warehouse Podcast, Amin Sikander, the President and Co-Founder of Synkrato, joins Kevin to discuss the role of digital twins and AI in the warehousing industry. Synkrato is a company that focuses on digital twin technology and its application in logistics and supply chain management. Their approach to creating living digital twins opens up new possibilities for warehouses of all sizes to embrace Warehouse 5.0 and unlock their full potential. Listen to the full podcast episode to learn more about this exciting topic. The Power of Digital Twins in Warehousing Digital twins are virtual representations of physical objects or systems, such as warehouses or machinery. Amin explained that Synkrato’s approach is to create a “living” digital twin that ingests real-time data from various sources, including IoT sensors and RFID, to provide an accurate and dynamic picture of the warehouse. Amin adds, “A living digital twin enables augmented reality picking and provides a real-time view of inventory and resources. It allows us to interact with technology better and optimize picking costs, which is crucial in reducing warehouse labor expenses.” This living digital twin enables improved planning, simulations, and optimization of warehouse operations. Leveraging AI for Optimization and Resource Management By combining the power of digital twins with AI, Synkrato aims to revolutionize warehouse operations. Amin highlighted the importance of optimizing processes such as slotting, which involves determining the most efficient placement of products in the warehouse. AI algorithms can analyze data from the digital twin and recommend better slotting strategies, resulting in reduced travel time and improved picking productivity. Amin adds, “Our AI engine takes inputs from the digital twin and generates a baseline slotting plan. It continuously adapts and self-corrects based on real-time data from the warehouse, allowing for dynamic optimization of resources and tasks.” Overcoming Challenges and Embracing Warehouse 5.0 Amin discussed the challenges of adopting new technologies and addressed concerns about job displacement. He emphasized that Warehouse 5.0 is not about introducing entirely new technologies “Warehouse 5.0 is about embracing existing technology and making it more human-centric. It’s about leveraging digital twins, AI, and AR to enhance productivity, reduce costs, and optimize warehouse processes.” Synkrato’s platform enables scalability and flexibility, allowing warehouses of all sizes to leverage digital twins, AI, and AR to improve operations without extensive investments or disruptions. Key Takeaways from Synkrato Digital twins provide real-time visibility and enable augmented reality picking, leading to improved warehouse operations. AI-powered optimization based on digital twin data enhances slotting strategies, reducing travel time and increasing picking productivity. Warehouse 5.0 leverages existing technologies to make them more human-centric, enabling scalable and flexible solutions for improved operations. The New Warehouse Podcast EP 401: Unlocking the Potential of Digital Twins and AI in Warehousing with Synkrato