Events
Warehouse Operations Management (WOM) is the Wave of the Future
Gartner organized another incredible Supply Chain Symposium/Xpo conference in Orlando, FL. This Gartner Supply Chain recap covers my top takeaways. To no one’s surprise, AI and its derivatives were the show’s stars.
The show did a great job highlighting the most up to date technologies, processes, approaches, and partnerships required to improve supply chain efficiency, sustainability, digital transformation, and risk management.
Some of the key themes across the show:
🤖 AI and Advanced Technologies: Supply chains are leveraging AI and emerging technologies to enhance decision-making and automate processes.
🌎 Supply Chain Sustainability: Companies are forming trust-based partnerships and implementing frameworks to achieve ambitious sustainability goals.
⛔️ Risk Management, Resilience & Anti-Fragility: Predictive insights will help organizations proactively manage supply chain disruptions and build resilient and anti-fragile operations.
👓 Digital Transformation and Visibility: Companies are transforming their supply chains by integrating data-driven solutions that provide real-time visibility across the entire network and within the four walls.
Anti-fragility is the new Resiliency
One of my favorite sessions, “The Anti-fragile Supply Chain – Thriving Due to Uncertainty,” changed the game. Supply chains need to be anti-fragile in the face of VUCA (volatility, uncertainty, complexity and ambiguity). Instead of maintaining the status quo when uncertainty hits (resiliency), supply chains should invest in growing when uncertainty hits (anti-fragility).
A key strategy supply chains can take is to reorient technology roadmaps to adopt technologies that deliver continuous monitoring, forecasting, and simulation.
Warehouse Operations Management
Dwight Klappich’s Warehouse Management Magic Quadrant unveiling focused how the market is changing and all the innovations happening around WMS. A few he called out are:
1. RTLS-based WMS
2. Multiagent (robotics) orchestration
3, Autonomous data collection
4. Warehouse labor forecasting
5. Immersive experience
However, although WMS is evolving rapidly to meet modern supply chain demands, moving beyond basic “warehouse management” to comprehensive Warehouse Operations Management (WOM) is the future.
This evolution incorporates advanced data analytics, automation, and predictive insights to enable holistic management for anti-fragile operations. Companies that adopt these systems will do more with less and have greater agility to stay ahead in the ever-changing supply chain landscape.
CognitOps is already delivering on some of these innovations across Fortune 500 and mid-market companies and positioning ourselves as a symbiotic integration partner for others. If you’re interested in a solution to up-level your warehouse operations, contact us.