The article highlights the increasing use of AI and IoT-powered robotics in supply chain management to automate mundane, routine, and hazardous tasks. With the logistics sector gradually recovering post-pandemic, the adoption of robotics has surged, especially in small-scale industries. Supply chain executives have turned to robotics to enable efficient distribution, rapid sorting, and labor assistance, with 31.52% of them having already adopted the technology. The Indian logistics automation market is expected to grow at a CAGR of 16.2% from 2023 to 2028. Robotic technology in supply chain management provides several benefits, including accuracy, improved employee morale, productivity, reliability, consistency, compliance, and a low technical barrier. Reducing costs is the primary driver for adopting automation in the supply chain sector, according to a McKinsey report. Robots provide 15% lesser cycle time than manual processes and complete up to 500 standard cycles per minute, thus saving time and human effort. Robotic technology also helps increase RoI by decreasing long-term costs by providing labor and utilization stability, optimizing picking, sorting, and storing processes, and reducing the frequency of manual inventory checks.
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