Adhish Luitel
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Adhish Luitel In The News
Fleet Owner (2024-09-26)
Powerfleet recently was rated as the No. 1 global leader in cold chain monitoring solutions, according to a competitive ranking assessment by intelligence firm ABI Research.
The ABI study assessed nine cold chain software vendors to provide an independent third-party ranking that considered key trends in the market, including the growing demand for real-time monitoring, adoption of Internet of Things (IoT) and advanced sensors, as well as other advanced analytics and regulatory compliance.
“With Powerfleet’s commitment to delivering innovative cold chain solutions, we’re happy to recognize them as the overall leader,” Adhish Luitel, ABI principal analyst, said in a news release. “Their groundbreaking innovations, coupled with robust implementation strategies, have allowed its Unity platform to be implemented across a wide range of cold chain fleets, driving our industry forward and improving customer experiences.”
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Future IoT (2024-08-05)
“Retailers are taking numerous initiatives such as streamlining last-mile delivery processes, employing cold chain telematics solutions in refrigerated trucks and containers, and adopting traceability solutions like Radio Frequency Identification (RFID) and Ambient Internet of Things (IoT),” explains Adhish Luitel, supply chain management & logistics principal analyst at ABI Research.
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Food Logistics (2024-08-03)
In fact, cold food chain track-and-trace revenues are expected to surpass $7 billion worldwide in 2032, according to research from ABI Research. These revenues will consist of hardware sales and recurring monthly Software-as-a-Service (SaaS) revenues.
“Retailers are taking numerous initiatives such as streamlining last-mile delivery processes, employing cold chain telematics solutions in refrigerated trucks and containers, and adopting traceability solutions like Radio Frequency Identification (RFID) and ambient Internet of Things (IoT). The ability to track temperature, humidity, and location throughout the supply chain not only helps retailers adhere to regulatory requirements but also boosts customer confidence in product quality,” says Adhish Luitel, supply chain management and logistics principal analyst at ABI Research.
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Supply Chain XChange (2024-08-02)
“Retailers are taking numerous initiatives such as streamlining last-mile delivery processes, employing cold chain telematics solutions in refrigerated trucks and containers, and adopting traceability solutions like Radio Frequency Identification (RFID) and Ambient Internet of Things (IoT). The ability to track temperature, humidity, and location throughout the supply chain not only helps retailers adhere to regulatory requirements but also boosts customer confidence in product quality,” Adhish Luitel, Supply Chain Management & Logistics Principal Analyst at ABI Research, said in a release.
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DC Velocity (2024-08-02)
“Retailers are taking numerous initiatives such as streamlining last-mile delivery processes, employing cold chain telematics solutions in refrigerated trucks and containers, and adopting traceability solutions like Radio Frequency Identification (RFID) and Ambient Internet of Things (IoT). The ability to track temperature, humidity, and location throughout the supply chain not only helps retailers adhere to regulatory requirements but also boosts customer confidence in product quality,” Adhish Luitel, Supply Chain Management & Logistics Principal Analyst at ABI Research, said in a release.
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Industry Sourcing.com (2024-08-02)
The adoption of cold chain telematics solutions for refrigerated trucks and containers in the food and beverage industry is set to grow extensively over the coming years. Regulatory compliance and food waste reduction are the biggest drivers of solutions implementation in this space. According to global technology intelligence firm ABI Research, food cold chain track and trace revenues are expected to surpass US$7 billion worldwide in 2032. These revenues will consist of hardware sales and recurring monthly Software-as-a-Service (SaaS) revenues. Software services can enable real-time monitoring of metrics such as temperature and humidity of ambient temperature of refrigerated trucks and food items during transit.
"Retailers are taking numerous initiatives such as streamlining last-mile delivery processes, employing cold chain telematics solutions in refrigerated trucks and containers, and adopting traceability solutions like Radio Frequency Identification (RFID) and Ambient Internet of Things (IoT). The ability to track temperature, humidity, and location throughout the supply chain not only helps retailers adhere to regulatory requirements but also boosts customer confidence in product quality," explains Adhish Luitel, Supply Chain Management & Logistics Principal Analyst at ABI Research.
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Food Logistics (2024-06-11)
“Innovations in cold chain telematics have revolutionized the supply chain landscape by providing real-time monitoring and enhanced data analytics. This has led to increased adoptions in the food and beverage, chemical, and pharmaceutical industries as supply chains look to ensure product integrity and adhere to regulatory compliance. The capability to track temperature, humidity, and location throughout the supply chain reduces spoilage and boosts customer confidence in product quality,” says Adhish Luitel, supply chain management and logistics principal analyst at ABI Research.
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Food Processing (2024-04-11)
“Beyond regulatory compliance, food waste mitigation is also a key enabler for cold chain monitoring growth in the food industry. Between 7% and 15% of all foods spoil during transport, especially imported produce. The recent rise in food imports into the United States and Canada from Mexico and Central America has further heightened the need for ‘smart’ containers equipped with real-time tracking solutions,” said Adhish Luitel, Supply Chain Management & Logistics Senior Analyst at ABI Research.
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Future IoT (2024-04-10)
ABI Research projects that worldwide revenues from food cold chain track and trace operations will surpass US$7 billion by 2032, encompassing hardware sales and recurring SaaS subscriptions.
“For cold chain management to be effective, it must be enabled by technological solutions, which are critical for maintaining the quality and safety of food products,” explains Adhish Luitel, supply chain management & logistics senior analyst at ABI Research.
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American Journal of Transportation (2024-04-10)
“For cold chain management to be effective, it must be enabled by technological solutions, which are critical for maintaining the quality and safety of food products. The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe. This includes all stakeholders from farmers and first-line handlers to logistics providers, food manufacturers, and retailers,” explains Adhish Luitel, Supply Chain Management & Logistics Senior Analyst at ABI Research.
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Food Logistics (2024-04-09)
“For cold chain management to be effective, it must be enabled by technological solutions, which are critical for maintaining the quality and safety of food products. The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe. This includes all stakeholders from farmers and first-line handlers to logistics providers, food manufacturers, and retailers,” says Adhish Luitel, supply chain management and logistics senior analyst at ABI Research.
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Supply Chain & Demand Executive (2023-10-25)
“The advancement of dash cams surround view cameras in terms of capabilities has led to increased use cases to enable driver safety and, in turn, increased adoption in commercial fleets. Regulatory initiatives in North America, Europe, and China are also bringing more tech into commercial fleets,” says Adhish Luitel, supply chain management and logistics senior analyst at ABI Research. “The level of transparency that video telematics solutions provide enables drivers and fleet managers to track critical infractions during a trip and over time—information that can increase accountability and encourage safer driving habits. It can also reduce liability, as video can be stored as evidence in case of accidents.”
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The Peggy Smedley Show (2023-10-19)
Peggy Smedley and Adhish Luitel, senior analyst, ABI Research, talk about what it means to shore up the supply chain. He says it varies, but the simplest way to shore up the supply chain would be to reshape a supply chain to improve resilience.
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Industry Week (2023-09-19)
“Managing day-to-day as well as looking out for things that could happen five or 10 years from now, that’s key,” says Adhish Luitel, senior analyst that leads the Supply Chain Management & Logistics Research practice at ABI Research. A company supply chain “needs to evolve over time, improve over time to meet ever changing conditions” to minimize disruptions due to disruptive events.
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E Commerce Times (2023-08-22)
Adhish Luitel, senior analyst for supply chain management and logistics at ABI Research, a global technology intelligence firm, noted that retailers are now much better equipped to handle holiday shortages.
“The state of the global economy has definitely forced them to make adjustments to their ordering habits for their Black Friday or Cyber Monday inventories,” he told the E-Commerce Times. “Retailers now are more careful with how they assess their inventory needs and are more mindful with procurement decisions.”
“Large retailers are making their inventories more lean,” he added. “Target recently said their inventories are 18% lower compared to last year.”
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Riviera News (2023-08-15)
Now ABI Research expects AGV seaport deployments worldwide to have a compounded annual growth rate of 26% from 2022 to 2030 and to exceed 370,000 global deployments by 2027.
“Automation improves port operations’ reliability, consistency and workplace security. Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data-capture solutions,” explained ABI Research supply chain management and logistics senior analyst Adhish Luitel.
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Material Handling & Logistics (2023-08-10)
According to ABI Research AGV seaport deployments worldwide will have a CAGR of over 26% from 2022 to 2030 and exceed 370,000 global deployments by 2027.
“Automation improves port operations' reliability, consistency, and workplace security. explains Adhish Luitel, Supply Chain Management & Logistics Senior Analyst at ABI Research, in a statement. "Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,
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Inside Logistics (2023-08-10)
According to ABI Research, a global technology intelligence firm, AGV seaport deployments worldwide will have a compounded annual growth rate (CAGR) of over 26 percent from 2022 to 2030. This will include over 370,000 global deployments by 2027.
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American Journal of Transportation (2023-08-09)
The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships have been the most productivity-augmenting solutions in seaports. According to ABI Research, a global technology intelligence firm, AGV seaport deployments worldwide will have a Compounded Annual Growth Rate (CAGR) of over 26% from 2022 to 2030 and exceed 370,000 global deployments by 2027.
“Automation improves port operations' reliability, consistency, and workplace security. Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,” explains Adhish Luitel, Supply Chain Management & Logistics Senior Analyst at ABI Research.
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CSMP's Supply Chain Quarterly (2023-08-09)
Seaports are rapidly turning to automated guided vehicles (AGVs) in their search for more productive automation to transport containers and loads to and from ships, according to a study from analyst firm ABI Research.
But to gain the full benefits of the investment, facilities must also apply change management tactics to control related variables like an initial loss in productivity as workers learn to use the new equipment, the New York-based firm said.
The trend comes as the maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. Other autonomous horizontal transport modes that are also seeing a bump in orders include gantries, automated port gates, and stacking cranes, ABI said.
As a result, AGV seaport deployments worldwide will have a compounded annual growth rate (CAGR) of over 26% from 2022 to 2030, and exceed 370,000 global deployments by 2027, the report found.
“Automation improves port operations' reliability, consistency, and workplace security. Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,” Adhish Luitel, Supply Chain Management & Logistics Senior Analyst at ABI Research, said in a release.
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Food Logistics (2023-08-09)
In fact, AGV seaport deployments worldwide will have a compounded annual growth rate (CAGR) of over 26% from 2022-2030 and exceed 370,000 global deployments by 2027, according to new ABI Research.
“Automation improves port operations' reliability, consistency, and workplace security. Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,” says Adhish Luitel, supply chain management and logistics senior analyst at ABI Research.
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Retail Today (2023-06-21)
A report from ABI Research predicts we’ll see more automated in-store technologies in the coming year, as businesses look to enhance operations and streamline their supply chain.
“Beyond enabling rapid fulfillment/restocking or automated inventory management, these technologies also provide additional data points for precise demand and procurement planning,” explains report author Adhish Luitel.
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Food Logistics (2022-12-19)
Adhish Luitel, senior analyst at ABI Research, details why rail strikes, staffing complexities, congestion and bottlenecks will continue to challenge supply chains in the New Year.
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Food Logistics (2022-12-07)
“Although port congestion (mostly on the West Coast ports) [is] easing, labor strikes definitely aren’t helping. Rail strikes (especially in the U.S.) will cause an added amount of pressure on the trucking industry. And due to the staffing complexities in trucking, we will see more congestion and bottlenecks, not just within maritime, but other modalities such as rail and trucking as well. In addition, lots of warehouses are short-staffed as well,” says Adhish Luitel, senior analyst, ABI Research.
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Modern Shipper (2022-06-23)
The warehouse robotics market is booming, but so too is the robotic delivery market. According to data from ABI Research, worldwide robotic last-mile delivery revenues will surpass $70 million this year.
But that is just a drop in the bucket compared to the growth expected in the market. The firm’s research found that these tiny sidewalk robots will grow into a $670 million market by 2030, delivering as much as $3.3 billion worth of goods.
The market is being driven by profitability concerns among retailers, restaurants and other delivery providers as more consumers seek out last-mile delivery of online orders directly to their homes.
“As inflation and vehicle costs rise exponentially, these businesses are struggling to raise prices on wary consumers and businesses, while needing to protect margins,” explained Adhish Luitel, senior analyst of supply chain management and logistics at ABI Research. “Key initiatives include reducing labor, vehicle maintenance costs and fuel requirements while scaling to meet demand and customer expectations.”
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Robotics and Automation News (2022-06-19)
According to ABI Research, a global technology intelligence firm, worldwide AGV deployments in seaports will have a compound annual growth rate of over 26 percent from 2022 to 2027 and exceed 150,000 global deployments by 2027.
This will occur as global outbound freight volume crosses 13,000 million metric tons by 2027, at a compound annual growth rate of nearly 5 percent from 2022 to 2027.
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Food Logistics (2022-05-11)
Worldwide automated guided vehicles (AGV) deployments in seaports will have a CAGR of over 26% from 2022-2027 and exceed 150,000 global deployments by 2027, according to ABI Research, all thanks to global port congestion issues and other supply chain bottlenecks in the maritime industry.
“Automation enhances the reliability, consistency, predictability and security of port operations. From an environmental perspective, automation can lead to lower energy consumption and a reduced carbon footprint. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,” says Adhish Luitel, senior analyst, supply chain management and logistics at ABI Research.
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Crain's Chicago Business (2022-05-04)
“The few record years of air cargo,” says Adhish Luitel, supply chain management analyst at ABI Research, “caused a lot of congestion and operational issues. This most likely isn’t a temporary thing.”
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E-Commerce Times (2022-03-16)
The grocery category also benefited from several improvements in user experience, platform options and faster delivery times, explained Adhish Luitel, supply chain management and logistics principal analyst at ABI Research.
What’s more, he continued, with inflation, consumers are eating out less. “I believe inflation will continue to adversely impact prices which will result in inflated online spending,” he told the E-Commerce Times.
“I don’t think consumers will cut back on spending, as one of the reasons e-grocery became popular is because it was a cheaper alternative,” he said. “This will continue to be so in the coming years as e-grocery takes a bigger chunk of the market.”
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Inside Logistics (2022-01-04)
Investments in warehouse management systems are surging as a result of the boom in e-commerce.
Global investment in Warehouse Management System (WMS) platforms surged from US$2.3 billion in 2019 to over $2.5 billion in 2020, showing an eight percent year-over-year growth, according to a new study by ABI Research.
The biggest investment in WMS has come from logistics service providers, who spent over $636 million last year. Investments in retail and food and beverages follow suit with $509 million and US$483 million respectively.
According to ABI Research, worldwide WMS market revenues will have a compounded annual growth rate (CAGR) of over 23 percent from 2021 to 2030 and will exceed $10 billion in revenues by 2030.
“Companies are starting to combine the value of multiple hardware and software solutions. Productivity technologies can achieve far greater return on investment if combined correctly with other technologies,” said Adhish Luitel, industry analyst, supply chain management and logistics at ABI Research.
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Future CIO (2021-12-07)
ABI Research forecasts worldwide WMS market revenues will have a Compounded Annual Growth Rate (CAGR) of over 23% from 2021 to 2030 and exceed US$10 billion in revenues by 2030.
Adhish Luitel
“Companies are starting to combine the value of multiple hardware and software solutions. Productivity technologies can achieve far greater return on investment if combined correctly with other technologies,” explains Adhish Luitel, industry analyst, supply chain management and logistics at ABI Research.
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Food Logistics (2021-12-02)
“Companies are starting to combine the value of multiple hardware and software solutions. Productivity technologies can achieve far greater return on investment if combined correctly with other technologies. For example, by combining location tracking data with a voice solution, warehouses using a WMS can optimize workflows by minimizing distance traveled based on a worker’s whereabouts,” says Adhish Luitel, industry analyst, supply chain management and logistics at ABI Research.
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Financial Times (2021-11-14)
Adhish Luitel, an analyst at ABI Research, says another area of huge growth is in micro-fulfilment centres that use robots on rails, like those used by online retailer Ocado or AutoStore, its Norwegian competitor, which was recently listed in Oslo.
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Supply & Demand Chain Executive (2021-11-14)
“E-commerce has seen aggressive growth over the past several years, even before the COVID-19 pandemic,” said Adhish Luitel, an industry analyst with ABI Research. “The pandemic triggered an extraordinary increase in demand for online orders. Suppliers are finding it increasingly challenging to keep up with rapidly growing market demand.”
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RFID Journal (2021-11-04)
Ongoing disruptions in the supply chain—including port congestions, delayed shipments and a lack of warehouse workforce—have further highlighted the need for real-time traceability, says Adhish Luitel, an industry analyst with global technology intelligence firm ABI Research.
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DC Velocity (2021-11-02)
“As the shift toward robotics occurs with busier warehouses, manual workflows can be automated or workflows that have traditionally been carried out by highly specialized and inflexible machines could soon be carried out by robots that can be moved and retrained as needed,” Adhish Luitel, industry analyst for supply chain management and logistics at ABI Research, said in a release.
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ThomasNet (2021-10-20)
Medical facilities are short on a range of supplies, and this could only get worse. Shortages of masks and gloves from the early days of the pandemic have spread to many other medical items in the United States and Europe, from exam tables and heart defibrillators to crutches and IV poles.
—Adhish Luitel
Industry Analyst, Supply Chain Management and Logistics
ABI Research
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Modern Materials Handling (2021-09-23)
The supply chain industry has surged its warehouse automation efforts considering the e-commerce boom and labor scarcities, according to tech advisory firm ABI Research. In addition to solutions such as headphone-enabled voice-picking, mobile robots are proving to be the most prevalent productivity-enhancing solution in the warehousing sector.
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Supply & Demand Chain Executive (2021-09-23)
“Productivity technologies can achieve far greater return on investment if correctly combined with other technologies. For example, by combining location tracking data with a voice solution, warehouses using a Warehouse Execution System (WES) platform can optimize workflows by minimizing distance traveled based on where the worker is,” saysAdhish Luitel, industry analyst, Supply Chain Management and Logistics at ABI Research.
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Material Handling & Logistics (2021-08-24)
Fueled by labor shortages and increased order volume, automation in the warehouse continues to increase. In addition to technology solutions such as Augmented Reality (AR) powered smart glasses and handheld devices with enhanced capabilities, autonomous, collaborative, and mobile robots are proving to be the most popular and fastest-growing productivity-enhancing solution in the warehouse workspace.
According to ABI Research, global commercial robot revenue in warehouses will have a compounded annual growth rate (of over 23% from 2021 to 2030 and exceed $51 billion by 2030.
"Mobile robots are at the heart of the warehouse robotics market and account for most shipments and revenue," said Adhish Luitel, Industry Analyst, supply chain management and logistics at ABI Research, in a statement. "These robots, made up of Autonomous Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs), are being used to move goods within the warehouse and being integrated within wider automated or manual workflows."
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Robotics & Automation News (2021-08-19)
n addition to technology solutions such as augmented reality powered smart glasses and handheld devices with enhanced capabilities, autonomous, collaborative, and mobile robots are proving to be the most popular and fastest-growing productivity-enhancing solution in the warehouse workspace.
According to ABI Research, a global tech market advisory firm, worldwide commercial robot revenue in warehouses will have a compounded annual growth rate of over 23 percent from 2021 to 2030 and exceed $51 billion by 2030.
“Mobile robots are at the heart of the warehouse robotics market and account for most shipments and revenue. These robots, made up of autonomous guided vehicles and autonomous mobile robots, are being used to move goods within the warehouse and being integrated within wider automated or manual workflows,” says Adhish Luitel, industry analyst, supply chain management and logistics at ABI Research.
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Supply Chain Management Review (2021-08-19)
Worldwide commercial robot revenue in warehouses will have a Compounded Annual Growth Rate (CAGR) of over 23% from 2021 to 2030 and exceed US $51 billion by 2030, according to a new report by ABI Research, a global tech market advisory firm.
The warehousing industry has ramped up its automation efforts considering the increased order volume and labor shortages fueled by the pandemic, ABI explained in its announcement. In addition to technology solutions such as Augmented Reality (AR) powered smart glasses and handheld devices with enhanced capabilities, autonomous, collaborative, and mobile robots are proving to be the most popular and fastest growing productivity enhancing solution in the warehouse workspace
“Mobile robots are at the heart of the warehouse robotics market and account for most shipments and revenue. These robots, made up of Autonomous Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs), are being used to move goods within the warehouse and being integrated within wider automated or manual workflows,” states Adhish Luitel, Industry Analyst, Supply Chain Management and Logistics at ABI Research.
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Supply and Demand Chain Executive (2021-08-18)
Augmented reality (AR)-powered smart glasses and handheld devices with enhanced capabilities as well as autonomous, collaborative and mobile robots are becoming the fastest-growing warehousing solution, projected to exceed $51 billion by 2030, according to ABI Research.
“Mobile robots are at the heart of the warehouse robotics market and account for most shipments and revenue. These robots, made up of autonomous guided vehicles (AGVs) and autonomous mobile robots (AMRs), are being used to move goods within the warehouse and being integrated within wider automated or manual workflows,” says Adhish Luitel, industry analyst, supply chain management and logistics at ABI Research. “In addition to robots, warehouse operators should be seeking to combine the value of multiple solutions across the fulfillment workflow to achieve desired results. There is also a need for operators to look beyond productivity and assess how technologies affect worker satisfaction and safety, worker comfort, energy consumption, distance traveled and error rates.”
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The Boston Globe (2021-07-15)
Adhish Luitel, a supply chain analyst with ABI Research, said there’s growing demand for warehouse automation, largely because warehouse jobs are so unappealing to humans. “You just can’t find workers anymore,” said Luitel. The trend is also being driven by the surge in online shopping spawned by the COVID-19 pandemic.
According to ABI Research, sales of autonomous material-handling robots is projected to reach $49 billion by 2030. The Greater Boston area is home to a host of warehouse robotics companies, including Amazon Robotics, 6 River Systems, Locus Robotics, Vecna Robotics, and Berkshire Grey.
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