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News Center 2024.09.02

Development prospects of intelligent warehousing industry

(Note: This article is reprinted from the China Chamber of Commerce Industry Research Institute)

Development Prospects of the Smart Warehousing Industry

Favorable Policies Boost Industry Development
In recent years, the Chinese government has vigorously promoted the development of smart warehousing, intelligent logistics, smart factories, and the Industrial Internet, among other smart manufacturing products and industries, introducing a series of favorable policies. Benefiting from the strong support of national policies and the rapid development of manufacturing enterprises towards automation and intelligence, the investment scale of China's manufacturing enterprises in smart manufacturing systems and smart warehousing logistics systems has continued to grow, reducing costs in logistics and warehousing. Simultaneously, with the rapid increase in domestic demand for smart logistics and smart manufacturing markets, coupled with capital support, a group of small and medium-sized enterprises engaged in this industry have emerged, essentially forming a complete smart logistics and smart manufacturing system industrial chain, ushering in a period of rapid industry development.


Technological Applications Drive the Intelligent Automation of Warehousing Systems
With the rapid development of computer and communication technologies, smart warehousing logistics systems have gradually improved and progressed. Cutting-edge technologies have been integrated into all aspects of warehousing, transportation, and distribution, significantly enhancing the efficiency and service quality of warehousing logistics. Based on Internet technology, smart warehousing logistics systems can conduct real-time monitoring and analysis of various logistics links, making warehousing logistics management more accurate and efficient. Internet of Things (IoT) technology enables tracking, identification, and monitoring of goods, facilitating the circulation of label information in logistics processes and realizing intelligent, interactive communication between logistics nodes and goods. By empowering all aspects of warehousing logistics, artificial intelligence achieves intelligent allocation of logistics resources, optimizes logistics processes, reduces resource waste, and significantly improves warehousing logistics operational efficiency. The digitization of smart warehousing logistics generates vast amounts of data, and with the support of big data technology, warehousing logistics big data supports various decision-making applications, enhancing the operational quality and management efficiency of warehousing logistics. Cloud computing technology has been applied to the construction of warehousing logistics cloud platforms, which connect and integrate data from various processes within the smart warehousing logistics system and further adjust warehousing logistics management based on analytical data.


Downstream Applications Drive Industry Growth
From the perspective of industry participation, Chinese smart warehousing enterprises are highly engaged in industries such as pharmaceuticals, food and beverages, e-commerce logistics, automobiles, 3C appliances, and tobacco. However, as land and labor costs continue to rise, not only does the circulation industry have an increasing demand for smart logistics systems, but traditional manufacturing industries also need to improve automation rates, full-industry-chain collaboration, and production efficiency, all of which place demands on logistics. Smart warehousing has gradually penetrated into emerging industries such as military logistics, cold chain logistics, new energy, petrochemicals, and semiconductors.

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