Automation in today’s economy
With labour shortages forecast to continue and predictions that up to 30% of the workforce may have to isolate in the coming months, businesses are increasingly looking to automation as a solution to reduce the impact of a tightening labour market. Over the last 18 months businesses have been grappling with a severe labour shortage, with unemployment dropping to 3.2 percent earlier this month, the lowest level on record. Caleb Nicolson, TMX’s New Zealand General Manager, says “the number of enquiries about automation have increased significantly across both our New Zealand and Australian businesses as organisations look for solutions to staff shortages. “Businesses are facing inflation, high wage costs, closed borders and now, the reality that staff may have to isolate for long periods of time over the next few months. Automation is increasingly being seen as a way to reduce the impact of these external factors.” “More businesses see automation as a way to increase efficiency and reduce their reliance on a shaky labour market – that trend is accelerating in a covid environment. Businesses are recognising that incorporating automation can also help protect their people and customers by freeing up space and reducing staff contact in warehouses,” says Caleb. He states that while traditionally automation was the domain of large corporates, there is now increased interest from small to medium sized businesses who are able to access automation at a lower price point. “Small to medium businesses are also the ones who are hit hardest by labour shortages and increased labour costs, so for them, an investment in automation is one which can pay dividends long term. “Automation doesn’t always have to be on a grand scale. There are a range of solutions available, from simple technology such as leveraging your existing WMS with pick and putwall processes, […]