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AI expected to transform supply chains despite it only being used by a quarter of manufacturers in their supply chains

Manufacturing & Logistics IT

More than four out of ten (43%) of senior decision-makers at mid-market discrete manufacturers identified artificial intelligence (AI) among technologies likely to have the greatest impact on supply chains over the next three years, putting it well ahead of other innovations like the Internet of Things (31%) and blockchain (24%).

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Logistics, robotics advances at the heart of improving automation

Control Engineering

ProMat emphasized material handling and logistics; Automate emphasized robotics and automation. This is the way of the future in manufacturing, warehousing and logistics. Logistics requires improving digital information flow, too. It’s a twofold challenge,” said Steve Pinsky at Fortna. We try and stay cutting edge.

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AMRs and AMVs Create Safer Surroundings and Adjust Workflows Quickly

Fabricating & Metal Work

From mobile robots to cobots and beyond, AI is giving robots unprecedented levels of speed, accuracy, and payload carrying ability, enabling them to take on more tasks in settings like flexible factories, warehouses, logistics centers and laboratories. “AI-enabled

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Application scenarios key to collaborative robot market success

Control Engineering

. “Collaboration” between humans and robots is now widely accepted so robot manufacturers suggest that the key to future success will be their ability to scale up production and develop new application scenarios. The logistics industry will also play an important role in this growth trajectory.

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Global robot market growth projected to be steady

Control Engineering

Global economic volatility and supply chain disruptions are having a huge impact on the market for industrial robots, which has led to project delays and decreased spending on automation projects. Despite this, we forecast that average prices will decrease over the next 5 years.

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Robotic process automation market projected to reach $70 billion by 2032

Control Engineering

Robotic process automation acts as a virtual workforce which benefits the logistics companies to streamline operations like scheduling and tracking shipments, invoice generation, report, and customer service. Increased collaborations between IT companies, consulting organizations. FPT Software, KOFAX, Inc., NICE, NTT Advanced Technology Corp.,

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Successfully implementing robots in an unpredictable future

Control Engineering

The COVID-19 pandemic and the resulting great resignation have put manufacturers in a bind. They have many unfilled jobs, but the demand remains and supply chain issues remain a continuing challenge. High demand and supply chain issues are forcing companies to react. Robots can take the place of 3.5