The industrial sector nowadays now seems to seek new techniques to improve warehouse operations and there is no doubt that adopting automation is the best solution available. The report “Warehouse Automation Market in India 2020” says, the warehouse automation market in India in 2019 was valued at INR 202 billion. It is expected that the market will expand at an annual growth rate of ~13.38% during the 2020-2024 period, to reach a value of INR 421.5 billion by 2024.
The reason for such a remarkable growth rate is quite intuitive and simple. It is simply not feasible to satisfy the business demands with the traditional warehouse operations. Automation is needed to achieve better results. According to Hokey Mins’ report most businesses after upgrading to automation see about a 25 percent increase in total efficiency, 10–20 percent boost in space utilization.
Warehouse Management system (WMS) is one of the important aspects of automation, which increases the operational value. Read more about WMS (link). Add on components like proximity sensors, Pick to Light devices, sortation systems also boosts the warehouse operations.
Advantages of warehouse automation
- Warehouse automation eliminates the need for manual labor and improves the efficiency of warehouse operations.
- Precise trackability of orders inside the inventory and outside the warehouse.
- With WMS integrated into a warehouse, automation can operate more effectively.
- Replacing human workers with robots or guided vehicles can lower injury risk.
Is automation of warehouse the need of the hour?
In today’s date automation is the forefront of warehouse operations. With the labor and land costs increasing day by day, manufacturing and e-commerce industries can not rely entirely on manual processes to meet the demand. Alibaba recorded a 70 percent improvement in warehouse operations following automation. It further explained that after taking 27,924 steps, a worker might sort 1,500 products during a 7.5-hour shift; with automation, the same employee would sort 3000 products in the same period, and only 2563 steps would be required, thus increasing efficiency and achieving growth. For competitive advantages, it is highly essential to implement automation in the warehouse. Automation, indeed is the need of the hour, if not adopted, may even lead to falling behind with the rapid advancements in the market.
If you are a company, who is looking for warehouse automation but in dilemma whether automation will bring ROI or not, we at Flexli Technologies may have a solution!!!. Instead of automating the whole warehouse, we suggest automating basic operations in the beginning phase, which (helps in understanding automation better and adopting it with more confidence) allows you to have a better perspective and assured satisfaction. Adopting automation involves a major overhaul of the warehouse, and there is no ready-made solution to each challenge.
What makes Flexli Technologies unique is that we provide tailored solutions after thorough analysis, making automation economical and affordable for all types of businesses.
You’re one step closer to the Flexli experience!!! Please contact us to learn more about our solutions.