Sponsored by 
While the focus on automation has been on production with industrial robots for
decades, the greatest opportunity for automation is increasingly found further
down the supply chain at the level of storage, distribution, fulfillment, and retail. This trend is unsurprising, given the high rate of revenue growth in the global retail market.
In fact, global retail revenue is projected to grow from $27.7 trillion in 2020 to nearly double that number, $55.3 trillion, through the end of the decade. An increasing percentage of this revenue is focused on e-commerce, growing from 15% of total worldwide retail revenue to 40%. Fueled by a massive increase in demand, this growth places enormous pressure on the current supply chain infrastructure and is further exacerbated by declining labor participation and tight labor markets in the world's largest regions.
Running concurrently with a demand for greater capacity, consumer expectations about product availability and delivery time continue to rise. Supply chain participants are tasked with delivering more, faster, and with accuracy, all while maximizing throughput and cost-efficiency. As a result, older infrastructure is being supplemented and replaced with smaller fulfillment centers placed strategically closer to the customer base.
Download the whitepaper to learn more.
