How Augmented Reality Solve Issues in Logistics Effectively
January 13, 2022
Augmented Reality in Logistics
Many companies in the logistics industry have started to embrace augmented reality technology to tackle various challenges. With AR, companies in this industry have improved several facets and eased complex logistics operations. By helping companies simplify warehouse operations, transportation, and delivery, AR is reshaping the whole logistics industry.
Growth of Augmented Reality in Logistics
Augmented reality has been growing tremendously for the past few years, with the rising demand for AR devices and applications driving its growth. The augmented reality market is now expected to grow at a CAGR of 31.5% from 2021 to 2026 and reach USD 88.4 billion by 2026. And according to a report by All the research, the global AR VR in logistics and supply chain market ecosystem is expected to grow at a CAGR of 39% by 2023.
Applications of Augmented Reality in Logistics
What determines the success of a business? Is it just the increasing sales and revenue? I would say no, because getting positive feedback and providing your customers a great experience will determine the success of your business in the long run. So, how can you leverage AR and build smooth and reliable operations? Let us look into it in detail.
• Augmented Reality in Warehouse Planning
The warehouse is an essential part of the supply chain. Materials and goods that are eventually to be sent to the customers are stored and handled in a warehouse. Warehouse managers have immense pressure on them to meet and fulfill orders. Therefore, it is necessary to have a streamlined and smooth process in a warehouse. With this in mind, many companies have embraced AR right from warehouse planning to achieving maximum efficiency. Planning warehouse space is crucial as nowadays, apart from storing the goods, the warehouse is utilized for inspection, repairing, dispatching, and many other activities. For this reason, building and designing a space where you can achieve maximum efficiency is required. AR helps to visualize warehouse design and layout using interactive 3D models in the earlier stages of planning and helps to bring necessary modifications, resulting in cost and time savings.
• Augmented Reality in Stock and Inventory Management
When incorporated into stocks and inventory management, augmented reality eases the otherwise complex process. Usually, workers struggle in stocktaking and end up in unforeseen errors and mishaps. The workforce can access and manage stocks hands-free using an AR wearable with augmented reality. Detailed information of any product or how a task needed to be performed is displayed right in front of them any time they need. This helps them to complete tasks more efficiently and accurately with fewer delays.
Benefits Augmented Reality Brings in Logistics
Let’s look into some of the benefits companies in the logistics industry saw after adopting augmented reality.
• Improve productivity of the workforce
• Helps reduce unnecessary costs
• Helps streamline business operations that involve freight packing, picking, and loading.
• Helps prevent unnecessary errors and damages
• Drive revenue for your business
Adopt AR Today!
If you are in search of adopting an AR solution into your business, please send us a mail to firstname.lastname@example.org and we will help you in the path of embracing the right augmented reality solution for your business.