Speedsters have reduced their Demand to Deliver time more than twice as much as Starters—and they plan to reduce it by another 9.1% in the next five years. If that holds true, Speedsters are likely to be performing the Demand to Deliver process 72% faster than Starters—a significant competitive advantage.
The key technologies that IEs have been using to reduce their Demand to Deliver time include:
- Automated packaging and commissioning. Many companies are automating as many steps as possible in the warehousing processes, which is key to making processes faster and more efficient.
- Augmented reality/virtual reality tools for warehouses: For processes that can’t be automated, these tools enable humans to work faster while helping to reduce errors in their work.
Looking ahead, Speedsters are especially interested in digital twins; they were the only group that cited them among their top-priority technologies over the last five years and the next five years. Many IEs also expect artificial intelligence-enabled controls and inspections to be a priority in the next five years. All three groups ranked warehouse augmented reality/virtual reality tools among their top three technologies over the last five years, but only Speedsters plan to maintain that focus going forward.