Guest: Dwight Klappich of Gartner on the hype cycle for warehouse robots and drones; Global trends in forklift sales; Common mistakes made in reorganizing supply chain teams.
Dwight Klappich, a research vice president and Gartner Fellow specializing in supply chain analysis, joins to discuss critical trends in logistics. He explains the 'hype cycle' of warehouse robots and drones, helping listeners determine when to adopt these technologies. Klappich highlights disappointing global forklift sales forecasts and the factors behind the stagnation. He also sheds light on common mistakes leaders make in reorganizing supply chains, advocating for tailored solutions that prioritize balance, strength, and speed.
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insights INSIGHT
Gartner Hype Cycle
The Gartner Hype Cycle charts the maturity of emerging technologies, helping businesses decide when to adopt.
Overhyped technologies, like blockchain, may not be suitable for risk-averse companies.
volunteer_activism ADVICE
Investing in Emerging Technologies
Assess your company's risk tolerance before investing in emerging technologies.
Risk-averse companies should wait for maturity; risk-tolerant ones can explore earlier.
question_answer ANECDOTE
RFID's Journey
RFID, initially overhyped, crashed but later revived after finding its right use cases.
This illustrates the cycle of disillusionment and eventual maturation in the Hype Cycle.
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Our guest on this week's episode is Dwight Klappich, research vice president and Gartner Fellow at consultancy Gartner, Inc. There is tremendous interest in the growth of robotics and drone applications now being deployed in distribution operations. Is the hype and attention they have received warranted? Klappich defines the "hype cycle" and how it can be a useful tool for determining when is the right time to adopt new automation technologies.
A new report out this week reveals that global forklift sales are sputtering. Lift truck sales are even falling short of their initial forecasts for 2024, according to Interact Analysis, a British consulting firm. That group has now revised their forecast for global forklift sales growth for 2024 down to just 0.3%, which is basically flat. We explain why sales have not met expectations, which sectors are most affected, and prospects for the future.
Many logistics and supply chain leaders are focused on reorganizing their supply chains these days—but as they do so, they should be careful to avoid common pitfalls that can derail their efforts. That’s according to recent research from Gartner that identifies critical organizational design mistakes that will prevent supply chain leaders from delivering on business goals. The research revealed that the most successful projects radically redesign supply chain structure based on distinct organizational needs, while prioritizing balance, strength, and speed as key business objectives.
Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. A series of ten episodes is now available on the "State of Logistics." The episodes provide in-depth looks into the current states of key transportation modes, such as trucking, rail, air, and ocean. It also looks at inventory management, 3PLs and more. All ten episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.