December 23, 2016
This was a challenging year in our industry.
From January’s disruptive winter storms to Hanjin’s summer bankruptcy and the annual struggle to meet holiday delivery deadlines, not many months went by without significant upheaval. It’s enough to have fulfillment managers breathing a sign of relief as we head into a New Year.
Supply chain trends rarely adhere to the calendar, of course. Some of the advancements that we expected in 2016 took longer to develop, while others arrived more quickly than anticipated.
Anticipating what comes next is never easy, but that’s our job and we’re happy to give you the best insights we can as another year comes to a close. Continue reading 6 Supply Chain Trends to Watch For in 2017
November 14, 2016
The market for warehouse space is looking up. Literally, in fact, as companies seeking storage facilities closer to cities are hoping to get more for their money by building multi-story facilities.
Following a concept that is already popular in Asia and Europe, Prologis announced last week that it would bring its first multi-level warehouse to the U.S. Located near Seattle, the facility will have three floors and a square footage of 580,000.
All that space will be needed, as market forces combine to stretch the supply of commercial real estate and add another fulfillment challenge for brands.
Continue reading Warehouse Operators Look to the Skies for Additional Storage
July 14, 2016
If you’re up to speed with the latest supply chain headlines, you’ll know by now that storage costs are on the rise.
As a proportion of operating expenses, holding inventory is a significant contributor. Retailers are especially vulnerable to excessive storage costs, which makes it all the more difficult to see the price rising after many years of relative stability.
There’s never a bad time to explore ways to save money and improve efficiency, which is exactly what we’ll do today in terms of reducing inventory holding costs. Continue reading Inventory Holding Costs (and How to Handle Them)
October 29, 2015
We’ve focused a lot on improvement this month, from ways to develop a kaizen-inspired mindset in your organization, to areas where you can cut waste and reduce shipping costs.
But even if you follow every piece of advice on the subject, how will you know if your business is getting better, or find out what’s really going on where the action happens in your organization?
Hiking back to Japan for inspiration, here’s the simple answer: get your boots on and “go to Genba.” Continue reading The Epicenter of Improvement: Getcha Genba Boots On!