{"id":577842,"date":"2024-02-11T08:30:03","date_gmt":"2024-02-11T13:30:03","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=577842"},"modified":"2024-02-10T20:18:03","modified_gmt":"2024-02-11T01:18:03","slug":"proglove-study-finds-retail-managers-cautiously-optimistic-about-automation","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/proglove-study-finds-retail-managers-cautiously-optimistic-about-automation\/","title":{"rendered":"ProGlove study shows retail managers are cautiously optimistic about automation"},"content":{"rendered":"
\"ProGlove's<\/a>

A recent study found that retailers are interested in automation that will augment their human workforces. | Source: ProGlove<\/p><\/div>\n

Up to 36.5% of retail leaders looking to automate expect to see benefits from new technology in two to five years, according to a recent study from wearable technology developer ProGlove. The Chicago-based company surveyed more than 1,000 retail management professionals in the U.S., U.K., and Germany for its “Leadership Insights for Retail Warehouse Management” report. <\/p>\n

The results of the survey show that retail leaders have conservative expectaftions for adopting automation. Only 11.5% of respondents said they expected to get returns from automation within the next two years.<\/p>\n

ProGlove also found that 26.6% are expecting returns in five to 10 years, and 8.6% are expecting it to take a decade or more. According to the company<\/a>, this data shows retailers have a lot of patience when they invest in technology. <\/p>\n

The study<\/a> also showed that there’s a lot of room for growth and optimization in the automation space, said the company. Almost one in five of the respondents, 19.3%, indicated dissatisfaction with their current automation initiatives. <\/p>\n

Nearly half, 44.2%, said they were somewhat satisfied, while only 6.3% of respondents said they were very satisfied with their robotics and automation. <\/p>\n

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\"SITELearn from Agility Robotics, Amazon, Disney, Teradyne and many more.<\/a><\/p>\r\n\r\n\r\n

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What do retailers expect from automation?<\/h2>\n

Retailers gave a variety of responses when asked what they thought would help them make savings. Some 25.3% said they expected productivity gains through human augmentation and selected human-machine collaboration as a key target area. <\/p>\n

The same number of respondents highlighted the need for new software, and 17% said they were looking for robotics and automation to gain productivity. <\/p>\n

The retailers also gave a variety of responses when it came to how much of a productivity increase they expected. Over a third, 35.4%, said they expected productivity increases of 21% to 30%, while 30.6% believed they would see increases between 11% and 20%. <\/p>\n

Overall, 55.3% said they expected gains beyond 20%. According to ProGlove, this demonstrated that retailers see tech investments as a worthy path for increasing productivity.<\/p>\n

\u201cAutomation presents a complex landscape for retailers,\u201d said Stefan Lampa, CEO of ProGlove, in a release. \u201cWhile it holds potential for efficiency, our research underscores the critical role of human-machine collaboration. Retailers seek a synergy that leverages technology to empower, not replace, the human workforce.\u201d<\/span><\/p>\n