AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET ANALYSIS

Market Concentration and Competitive Landscape

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As corporations and Third-party Logistics operators strive for maximal efficiency within their logistics networks, implementing lean practices has become indispensable. Techniques from Toyota Production System  is a unique manufacturing system developed by Toyota Motor Corporation. such as just-in-time manufacturing, continuous flow processes, single-piece flow, and pull systems are now equally relevant to warehousing operations. Companies realize tremendous benefits organizing materials and information flow to minimize waste of space, time, money, and resources throughout their distribution centers. One critical lean initiative involves creating space by consolidating and reorganizing inventory into designated locations. Traditional shelving storage with haphazard positioning of fast and slow-moving products prevents this consolidation. On the other hand, AS/RS utilize every cubic inch of wall-to-wall and floor-to-ceiling spaces for dense and organized product storage.