Procurement Magazine May 2024 | Page 107

DIGITAL ECOSYSTEM
Ziller added : “ Technology is increasingly used to streamline warehouse processes and the accessibility of quality warehousing for tenants . This will only increase in the future and organisations should plan for how technologies will impact the space required .
“ Automation and machine learning can accelerate processes like order picking and climate control within warehouses , but also unlock the ability to process more data at speed , giving companies a world of data-driven decision-making at their fingertips .
Companies can now gain an impressive oversight of factors affecting their supply chain , both inside the warehouse and beyond , including weather patterns , port congestion , manufacturing delays or component pricing .
“ Further , AI is transforming warehouse procurement and asset management as it allows us to gain more data driven insights about an area so that we can find strategically advantageous locations we hadn ’ t previously considered for our tenants .” procurementmag . com 107