Smart Warehousing Market

The global smart warehousing market is projected to register a CAGR of 14.6% during the forecast period, reaching USD 40.5 billion by 2028 from an estimated USD 20.4 billion in 2023. Major factors to boost the market growth include the emergence of multi-channel distribution networks, dynamic nature and globalization of supply chain networks, and the rising focus on green initiatives and sustainability to minimize waste.

Top Smart Warehousing Companies include

• Manhattan Associates (US)
• Korber (Germany)
• Oracle (US)
• SAP (Germany)
• Tecsys (Canada) and many more....

These players have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the smart warehousing market.

To know about the assumptions considered for the study download the pdf brochure

Manhattan Associates

Manhattan Associates offers smart warehousing solutions under the supply chain product category. The company is one of the leading providers of innovative warehouse management solutions, and its flagship product Manhattan SCALE, which runs on Microsoft’s NET platform, is an ideal product for meeting distribution requirements and handling complex supply chain execution challenges. The product is a combination of various solutions, including warehouse management, labor management, trading partner management, supply chain intelligence, yard management, and transportation execution.

Korber

Korber brings a deep understanding of supply chain processes and customer needs, combined with experience in deploying warehouse management solutions globally. It understands that customer’s requirements differ significantly, depending on the size and complexity of their warehouse operations. It offers a range of WMS solutions that can address small and medium-sized warehouses. It manages an increasingly complex supply chain while satisfying evolving customer requirements and stringent SLAs. The company's ability to adapt and tailor its solutions to meet the unique needs of different industries positions it as a key player in the warehouse management technology sector, enabling businesses to stay agile and efficient in an increasingly complex and competitive market.

Oracle

Oracle’s smart connected warehouse provides 360-degree operations to predict maintenance and quality issues efficiently, reduce downtime, improve inventory, product traceability, and optimize space. Oracle warehouse management solution supports the complex fulfilment operations and provides inventory visibility from the distribution center to the store shelf. It can improve labor and space utilization, reduce fulfilment costs, and improve inventory and delivery accuracy. Oracle’s WMS software solutions offer highly advanced and sophisticated functionalities, including inventory control, replenishment management, task management, dock, and yard management, put away optimization, reporting and analytics.

SAP

SAP is a prominent player in the Smart Warehousing Market, offering advanced solutions that integrate Internet of Things (IoT), machine learning, and automation technologies to optimize warehouse operations. SAP's Extended Warehouse Management (EWM) system provides real-time visibility and control over inventory, streamlining processes such as picking, packing, and shipping. The platform leverages data analytics and predictive insights to enhance decision-making and operational efficiency, enabling warehouses to reduce costs and improve accuracy. With a focus on digital transformation, SAP helps businesses transition to smart warehousing, ensuring seamless integration with existing enterprise resource planning (ERP) systems and fostering a more responsive and agile supply chain.

Tecsys

Tecsys is a key player in the Smart Warehousing Market, known for its comprehensive supply chain management solutions that incorporate advanced technologies such as IoT, automation, and analytics. Tecsys's smart warehousing solutions focus on optimizing warehouse operations through real-time data visibility, enhanced inventory management, and streamlined workflows. Their systems enable precise tracking and efficient handling of goods, reducing errors and operational costs. By integrating with existing IT infrastructures, Tecsys helps businesses achieve greater agility and responsiveness in their warehousing operations, ultimately improving customer service and supply chain efficiency.

Related Reports:

Smart Warehousing Market by Offering (Hardware, Software, Services), Technology (AI & Analytics, Robotics & Automation), Application (Inventory Management, Predictive Analytics), Warehouse Size, Vertical and Region - Global Forecast to 2028