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The Robotics Revolution: The Impact of Advanced Automation on Inventory Management
June 16, 2023 · 3 min

This story was originally published on HackerNoon at: https://hackernoon.com/the-robotics-revolution-the-impact-of-advanced-automation-on-inventory-management. Robotics solutions can work around the clock without succumbing to fatigue or diminished performance, thereby significantly improving productivity. Check more stories related to futurism at: https://hackernoon.com/c/futurism. You can also check exclusive content about #robotics, #inventory-management, #machine-learning, #artificial-intelligence, #future-of-work, #business-strategy, #ai-applications, #optimization, and more. This story was written by: @anshulvig. Learn more about this writer by checking @anshulvig's about page, and for more stories, please visit hackernoon.com. The McKinsey Global Institute reports that about 50% of current work activities are technically automatable. Robotics solutions can work around the clock without succumbing to fatigue or diminished performance, thereby significantly improving productivity. Smart inventory management systems could lead to business cost savings of $1.6 trillion globally by 2025.