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In the News: Top 20 Material Handling System Suppliers in 2017

Across the globe, the industry achieved record-smashing growth.

top-20-systems-integrators-bastian-300For the first time in its 21 years, Modern’s Top 20 Systems Suppliers list shows universal revenue growth among the top players, including five that grew more than 25%. Following annual increases of 3.5% and 6%, the list’s combined revenues surged 16.5% in 2017.

Norm Saenz, managing director at St. Onge Co., says momentum continues to build.

“There were large increases in investment in 2017, which also increased over previous years,” Saenz says. “There’s a focus on investing in tactical systems (i.e. additional pick locations, put-walls, etc.), driven by massive e-commerce growth. Among retailers, wholesalers and manufacturers, the operational tweaks made to address e-commerce are no longer enough to handle the continued growth, making technology investment a must for many.”

Saenz adds that companies are also readying their supply chains to support a “digital transformation” intended to improve the effectiveness of their logistics with real-time data. For many, he says, this transformation requires investments in automated equipment, bar coding/scanners, RFID, warehouse control/execution systems (WCS/WES) and more.

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