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executives

Generation gap is ‘leading cause’ of labor shortage in warehouses, says Berkshire Grey report

September 5, 2022 by Mark Allinson Leave a Comment

The majority of chief supply chain officers say that the generation gap is “leading cause of the labor shortage in warehouses”, according to research conducted by Berkshire Grey.

Berkshire Grey, a developer of robotic solutions that automate supply chain processes, made the revelation in its 2022 State of Retail & eCommerce Fulfillment Report.

The research, conducted in partnership with Hanover Research, surveyed chief supply chain officers at retail and ecommerce businesses on topics including labor issues, costs, pain points, automation and predicted areas of industry growth to uncover how organizations are meeting increasing consumer demands in today’s always-on retail world. [Read more…] about Generation gap is ‘leading cause’ of labor shortage in warehouses, says Berkshire Grey report

Filed Under: Features, Logistics Tagged With: automation, chain, ecommerce, executives, increase, labor, percent, robotics, supply

SEMI to hold industry symposium in Brussels

February 4, 2020 by David Edwards Leave a Comment

Electronics manufacturing leaders, top executives, policy makers and academics from across Europe will gather at SEMI Industry Strategy Symposium (ISS Europe) from 1-3 April 2020 in Brussels, Belgium to explore Europe’s most pressing strategic, social and economic needs.

As Europe braces for the effects of Brexit, including higher customs duties, long delays and greater uncertainties, ISS Europe 2020 will bring together leading executives, analysts, researchers, economists, and technologists shaping the electronics manufacturing supply chain to discuss and highlight the opportunities to develop the technology, products and services needed to meet Europe’s collective socio-economic and sustainability goals.

Registration is now open with early-bird discount until January 31. [Read more…] about SEMI to hold industry symposium in Brussels

Filed Under: Promoted Tagged With: digital, economy, electronics, europe, european, executives, industry, iss, semi, symposium, technology

Advanced robotics have the power to transform manufacturing and logistics, says BCG

April 29, 2019 by David Edwards

bcg advanced robotics 2 copy

Manufacturing leaders believe advanced robotics systems will transform industrial operations going forward, according to a new report by the Boston Consulting Group.

BCG found that executives from all industries see a gap between their ambitions for advanced robotics and the current level of implementation.

The research company interviewed more than 1,300 executives from manufacturing and many other industries for its report, The Factory of the Future.

It found that more than 70 percent believe that the new opportunities offered by advanced robotics will be “very relevant to their future production”.

Some 52 percent expect advanced robotics to become one of the most important “drivers of productivity improvement by 2025”.

Gap between demand and implementation

Additionally, the executives say that combining advanced robotics with other technologies, process enhancements, and structural layout changes can yield savings of up to 40 percent.

BCG found that European and Asian companies currently lead in implementing advanced robots, while implementation in North America has proceeded more slowly.

In each of the 12 countries in BCG’s study, most of the companies we surveyed plan to implement advanced robotics within the next three years.

Companies in emerging nations, especially China and India, tend to be “even more enthusiastic” than those in industrialized nations about using advanced robots, even though the savings achieved by replacing manual activities would not be as high.

These companies may be looking to automation as a way to compensate for a shortage of skilled labor and to improve quality, thereby enhancing their ability to compete in international markets, say the authors.

They add that “significant government funding and less concern about job losses help to fuel excitement about technology”.

The size of the company affects robotics adoption. Small businesses are less likely than large businesses to use advanced robotics applications.

Among companies with revenues exceeding $1 billion, 90 percent have already implemented advanced robotics applications, but the share of implementers among companies with revenues of less than $250 million is significantly lower.

Small businesses’ lower level of adoption probably reflects budgetary constraints with respect to testing applications and gaining access to robotics-related expertise.

Implications for robot manufacturers

Advanced robotics systems offer great opportunities for established producers of robots, producers of other advanced auto­mation solutions, and new entrants in the field.

But, according to BCG, robot producers must also deal with significant challenges, including the need for high research and development investments and the need to forecast sales accurately in an increasingly complex environment.

Indeed, some prominent producers of advanced robots have gone out of business as a result of disappointing sales, says BCG.

Because some promised breakthroughs have failed to materialize, many executives of companies that purchase robotics solutions are skeptical when robotics producers or market experts describe significant technological advances.

Survey participants say that they require not only mature and robust technologies, but also lower investment costs.

To meet users’ expectations, robot producers must focus on improving both software and hardware:

Software will be the primary differentiator for advanced robotics systems, says BCG.

Producers can use software as the basis for new business models, including the monetization of pushed upgrades, subscription-­based pricing, and performance-­based contracts.

However, they must ensure that their solutions can be integrated into their customers’ system architecture.

To reduce the need for complicated programming on the shop floor, it is essential to improve user interfaces. Conventional industrial robots’ interfaces fall short of meeting usability requirements.

Advances in augmented reality, natural-language processing, haptic feedback, and computer vision offer intriguing opportunities to improve interfaces.

Producers must further leverage or adapt sensors for industrial applications. Scale effects resulting from higher demand in the automotive and consumer industries will help to reduce costs in this area.

Although mechanical systems of industrial robots are already quite mature, improvements are needed in modularity, flexibility, dexterity, and mobility.

“Robot producers can leverage materials that possess enhanced characteristics to improve the capabilities of robots and broaden the areas of application,” says BCG.

Filed Under: Features, Industry Tagged With: advanced, applications, bcg, boston consulting group, companies, executives, improve, industrial, percent, producers, robot, robotics, robots, systems, will

Increased use of AI and robotics linked to brighter outlook for US business growth

May 20, 2017 by Sam Francis

randstad people image

randstad people image

Business optimism may be fueling recent spike in number of executives reporting increased use of automation

The number of US companies reporting an increase in their use of automation doubled in the first quarter of 2017, fueled in part by a recent spike in business confidence, according to a report released by global talent solutions firm Randstad Sourceright.

Based on a global survey of C-suite and human capital leaders, Randstad Sourceright’s Talent Trends research finds that 36 percent of US companies have increased the use of artificial intelligence and robotics over the last 12 months, up from 18 percent during the fourth quarter of 2016.

Over the same period, the number of respondents indicating that they expect significant growth in the next 12 months soared from 10 percent to 28 percent.  [Read more…] about Increased use of AI and robotics linked to brighter outlook for US business growth

Filed Under: News Tagged With: ai, automation, business, executives, randstad, robotics, skilled, survey, talent

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