Rapidly emerging advancements in technology such as autonomous trucks, 3D printing and warehouse automation will foster dramatic changes in how shippers, retailers and manufacturers configure their supply chains and distribution strategies, spurring a need for different formats and locations for industrial real estate, according to a new report from CBRE Group.
Pfizer has decided that it does not need the legacy distribution sites that it got with the $15bn buyout of Hospira last year and so will close four facilities across the U.S., consolidating distribution into two Pfizer logistics centers next year. In the process it will whack 104 jobs.
For decades, many of the nation's biggest companies staked their futures far from the fraying downtowns of aging East Coast and Midwestern cities. One after another, they decamped for sprawling campuses in the suburbs and exurbs. Now, corporate America is moving in the other direction.
Original equipment manufacturer sourcing decisions are typically based on total acquisition cost (TAC) formula comparisons. Because of this, such tools play a primary role in decisions about whether to purchase from domestic or overseas sources. TAC formulas attempt to take into account all cost factors related to buying from a particular source.
As larger U.S. retailers continue to close underperforming stores with more customers choosing to shop online from their own homes, big-box store vacancies have increased in recent years. But with online sales only increasing and more small shop spaces mimicking the online sales environment, the biggest impacts are being reflected in warehouse space and logistics.
The latest news, analysis, services and systems for facility location planning and network design and their impact on global supply chains. Today’s companies are planning their location of facilities and the underlying transportation network in order to deliver goods in a more timely and efficient manner than ever before. New technologies are transforming the way companies search for and choose the right location for a facility in a region — allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using facility location planning solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.