Page 12 - ITLN May - June 2022 issue

Special Report
Warehouse
Automation
Warehouse

Automation

in India gets

smarter,

faster and

sustainable

Warehousing is one of the major industries with a lot
of opportunities for automation. The growth of new
technology such as artificial intelligence is transforming
most organisations today. Automation, on the other hand, reaching INR 2,028.86 billion by 2025.
has numerous advantages for warehousing organisations. Today, having a warehouse or a
In this report, we spoke to industry professionals to get fulfilment centre is not enough. One of
their thoughts on completely automated warehouses and the most crucial things the consumer
what the future holds. looks for is quick and accurate delivery.
There are many businesses in the
Zinal Dedhia market offering the same service, but
what distinguishes one from the other is
ith the development of that they align with client expectations.
e-commerce, there is a Thus, warehouses and fulfilment centres
stronger need for more nowadays do more than just receive
Wresponsive supply chains, a package, place it in the appropriate
as well as the ability to handle a higher department, and send it out for delivery.
number of stock-keeping units with Today, it is all about how fast the service
fewer errors. Warehouses must develop can be, and for that they are counting on
into intelligent, efficient, and automated digital technology and robotics.
facilities in order to meet such demands. However, India is a place where
Digitization is becoming a must in labour is plentiful and inexpensive when
order to maintain a strong competitive compared to European countries and
advantage and increase corporate the United States. So, how are India's
efficiency. Automation was warehouses and fulfilment centres
The warehouse industry is an formerly a dream since striking the appropriate mix between
essential component of India's economy, the primary motivation digital technology and labour handling?
maintaining the global supply chain's for automation was to
speed. After gaining a boost from the Finding the right balance
implementation of GST, 100 percent FDI save cost. However, When it comes to warehouses in India, we
through the automatic method, and being things had changed know that labour is available. However, in
granted government infrastructure status dramatically. The point order to keep up with the world's delivery
in 2017, the warehousing industry has of automation is no pace, warehouse automation is becoming
carved out its own niche among private longer to save money, increasingly vital. As a result, it is critical
businesses. According to the Warehousing but to improve speed to strike a balance between adopting
Market in India 2021 report, which has technology and training employees to
been released by Research and Markets, and dependability. utilise it effectively.
the sector, which was worth INR 1,050 Omkar Karandikar “It is challenging to achieve complete
billion in 2020, is predicted to grow at a WareIQ automation of warehouses and
CAGR of 14.86% between 2021 and 2025, fulfilment centres in India for all sectors.
10
May - June 2022 www.itln.in