Today’s WSJ shares how growing labor costs are driving more retail businesses, including Amazon, Walmart, Levi Straus, and Nike, to automate their operations.
Article highlights:
- Average warehouse wage rose 41% in the last 10 years to nearly $27.
- Last year companies bought 36,700 robots.
- Robots help cut labor costs and speed up orders—which customers want.
Warehouse automation is relevant to us because Shop Local helps retailers and brands automate their websites. Efficient warehouses and website work in tandem to keep businesses profitable and customers happy.
The more that big box stores automate, the lower their prices, the faster their delivery times, the higher their customer satisfaction, and the greater their revenue.
The slower that indie stores automate, the higher their prices, the slower their delivery times, the lower their customer satisfaction, and the smaller their revenue.
Our goal is is help indie stores success by operating faster online.