Technology in Warehouse Management in Vietnam: A Gradual Evolution and the Road Ahead
Vu Minh Ngo ()
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Vu Minh Ngo: University of Economics Ho Chi Minh City
Chapter Chapter 10 in Transforming Logistics in a Developing Nation, 2024, pp 297-322 from Springer
Abstract:
Abstract The journey of warehouse management technology in Vietnam paints a picture of gradual progression, with a keen eye on the future. While some larger, pioneering warehouses in Vietnam have begun to experiment with the “big four” technological advancements—data analytics, artificial intelligence (AI), automation, and the Internet of Things (IoT)—the majority are still in the early phases of technological adoption. The few that have integrated these technologies are reaping benefits such as predictive inventory management through data analytics, route optimization using AI, reduced manual labor via automation, and real-time tracking with IoT. Looking to the future, it is essential for Vietnam's warehousing sector to recognize the potential of these advanced technologies and gradually integrate them into their operations. Recommendations encompass initiating pilot programs to test the waters with AI, automation, and IoT, ensuring widespread WMS adoption as a foundational step, and building robust training programs to equip the workforce with the necessary skills. As Vietnam seeks to strengthen its position in the global supply chain, a phased and well-strategized approach to technological integration will be crucial for success and scalability.
Keywords: Technology adoption; Warehousing sector; The Internet of Things; Artificial intelligence (AI); Automation; Data analytics (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-7819-5_10
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DOI: 10.1007/978-981-97-7819-5_10
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