While we can’t change the weather, with minimal effort we can help mitigate exposure when the inevitable transpires. By taking a few simple yet often overlooked steps, even as the calendar has turned into 2019, logistics managers can effectively maintain a safer warehouse operation through the coldest months.
Vacancy rates for industrial and logistics space, including ecommerce fulfillment, is now at a historic low of 4.3% and new construction is constrained, leading to limited expansion options for warehouse occupants and higher rents, according to a Q3 report from brokerage CBRE. This has led to an increase in multistory developments.
If you haven’t formally evaluated your peak season fulfillment, make this the year you do so. From your analysis of ecommerce operations successes and failures, you can develop a plan to make improvements using a multi-faceted approach. Here are 10 ways to analyze your performance and develop a plan for improvement.
After staying suppressed for years, wages are increasing well ahead of inflation for warehouse workers, driven by a strong economy as well as the scarcity of labor for operations and fulfillment positions, according to an annual survey of associates conducted by Prologistix. See what else the survey found, and where rates are headed.
Adding one or more facilities to your ecommerce fulfillment network can both reduce shipping costs and shrink your time-to-customer metric. But there are many aspects to this calculus: in-house assets vs. partnering, system requirements and labor/staffing, to name a few. Here are 11 factors to consider as you look to expand.