Demand from e-grocery and meal kit sales will lead to development of 70 million-100 million sf of cold storage space over the next five years, up from 214 million square feet, according to a new report from commercial real estate firm CBRE. The 18-29 year old age group is the fastest growing in terms of e-grocery activity.
There are many opportunities to make your SCM more efficient, reduce costs and provide higher service levels to customers, including in sourcing, storage, fulfillment, distribution, IT and transportation. Here are four major ecommerce supply chain areas that you can streamline to reduce your overall fulfillment costs.
Ecommerce fulfillment robots are trending up. The entry point for ecommerce companies is now in the hundreds of thousands of dollars instead of multiple millions, and can be scaled up as needed. This report from MCM examines the players, the state of the art, advancing capabilities and results being seen by ecommerce companies.
In a saturated industry, subscription box companies need a differentiator to succeed. From Blue Apron’s first-ever experiential retail popup shop to Birchbox’s partnership with Walgreens, they’re looking for ways to grow their business and meet consumer demands. Shipping excellence is one way to set yourself apart from the pack.
After years of hyper growth, demand for industrial space, especially ecommerce fulfillment centers, will slow between now and 2023 as supply has caught up, according to a new report from the Deloitte Center for Financial Services. The availability rate of industrial space is projected to rise from 7% in 2018 to 10.3% percent in 2023.
Amazon just turned up the heat in the three-way battle for dominance atop ecommerce sellers, announcing more than 10 million items eligible for its new one-day delivery standard via Prime. This compares with 220,000 items available for free next-day delivery from Walmart, announced in mid-May, and 35,000 from Target ReStock.
Locus Robotics, makers of autonomous mobile robots for fulfillment, and RightHand Robotics, creators of a stationary robotic picking arm, have partnered to work on joint solutions that combine batch picking and conveyance with automated sortation.
Amazon is offering third-party sellers on its marketplace discounts of up to 75% to use its warehouse space in an effort to make more inventory within reach of one-day shipping for its new Prime promise. This will allow Amazon to place more items closer to customers to meet the new Prime guarantee.
By now you should have your peak holiday season planning for this year well underway. If you’re behind schedule, there’s still time to implement improvements but you need to be prudent and not over commit. To help you be prepared, here are 13 critical considerations for improving peak holiday season operations and fulfillment processes this year:
The largest two-story fulfillment center in the country will be under construction later this year in the Bronx, NY, with a planned 2021 opening, enabling ecommerce tenants to service the New York metro market with same-day delivery. It will total 969,000 square feet, including 595,000 square feet of fulfillment space.