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THAILAND AUTOMATED GUIDED VEHICLE MARKET
INTRODUCTION
Safer handling of both the loads and the operators is one of the primary benchmarks that benchmark warehouses consider.
Human error accounts for nearly 23% of manufacturing’s unplanned downtime. Therefore it makes sense to make an AGV investment. Your ability to transfer and handle goods will be safer, faster, and completely autonomous if you allow advanced AGVs with robust performance, precise handling, and handling capabilities.
ERP companies will have greater inventory control and improve operational efficiency when factory WMS is integrated.
A potential capex investment might be AGVs. However, in order to conduct a thorough analysis of your investment, you must accurately calculate the estimated rate of return on investment (ROI).
During the course of AGV operations, continuous and complex operations will break even remarkably quickly, saving you money in operating costs, manpower and employee benefits, goods damages, and improved inventory control.
THAILAND AUTOMATED GUIDED VEHICLE MARKET SIZE AND FORECAST
The Thailand Automated Guided Vehicle Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
Cainiao Network, Alibaba Group’s logistics arm, has opened a smart warehouse with 20,000 square meters and 100 automated guided vehicles (AGVs) in Thailand and a fully automated bonded warehouse in Xiasha, China.
The partnership between the company and the e-commerce logistics company Flash Express includes the 20,000 square meters of warehouse space in Thailand. By reducing the amount of distance employees must travel, the AGVs are anticipated to increase warehouse pickup efficiency as well as storage accuracy.
During shopping festivals, where demand may rise up to ten times its usual volume, the improvement in efficiency is anticipated to support rising business and consumer expectations. In addition, it is anticipated that the smart warehouse technology will reduce management expenses and boost productivity.
In Xiasha, China, Cainiao has also set up a fully automated bonded warehouse. The fully automated parcel sorting model used in the stereoscopic warehouse can hold up to 30,000 packages.
The automated facility uses an algorithm to schedule warehouse pickups and make manual parcel sorting easier because of the bonded warehouse’s complicated setup, which includes numerous merchants and product categories. There, in response to real-time orders, the goods-carrying feed boxes will be automatically moved to the sorting area, resulting increase in productivity.
A third of all parcels intended for Hangzhou’s bonded warehouses were processed at the Xiasha warehouse during Double 11.
Cainiao has likewise sent off its endeavor shrewd distribution center arrangement – which embraces a consultative way to deal with the execution of new innovations – to speed up digitialization inside the business.
During global shopping festivals like Double 11, the company’s proprietary warehouse management system uses artificial intelligence (AI), the cloud, and automation to support the exponential rise in demand and parcel volume.
A central warehouse management system (WMS), autonomous mobile robots (AMRs), and other smart logistics resources all lend their support to this.
Businesses can use the smart warehouse solution to improve logistics efficiency, streamline processes, overcome staffing shortages, and lessen supply chain disruptions caused by the Covid-19 pandemic, which is expected to last for some time.
COMPANY PROFILE
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