Consumers today want the ability to purchase and return products via any channel, at any time, at the best price. To meet those expectations, companies that traditionally have had disparate fulfillment models must now merge both the informational and operational aspects of those models into one, says Todd Peters, CEO and vice chairman of GENCO.
The many operational differences between domestic and international transportation has historically meant separate and distinct management of these two sectors. Research shows that today's shippers, however, believe there are efficiencies to be gained by managing both domains on a single platform.
The rapid growth of e-commerce and, in some cases, declining store sales raise difficult questions for retailers around whether and how to integrate their various distribution channels, says Andrew Breckenridge, executive vice president of Fortna. He outlines key issues influencing these decisions and identifies other retail trends to watch in the coming year.
Cognex Corp. has developed a new version of In-Sight Track & Trace, the company's identification and data-verification software for healthcare product serialization.
Regional parcel carriers can fill an important market niche for many shippers, says Mark Magill, director of business development at OnTrac. By specializing in next-day deliveries within specific and often large geographic regions, these carriers can offer greater flexibility, faster transit and lower rates, he says.
Challenge: Imagine a warehouse operation that handles more than 50,000 SKUs housed under 1.25 million square feet of space. Most of those SKUs can be ordered and picked as eaches and needed to be stored on forward picklines. The challenges faced when managing how those pick locations are replenished is enormous.
The success of online retailers has been linked to the demise of many high street shops in the UK, most recently HMV and Jessops. The remaining retailers have clear strategies which incorporate on-line shopping with home delivery and are often further supported by other initiatives, such as click and collect, where goods are ordered online but delivered to a third-party address, such as a local garage or convenience store, to avoid the disappointment of missed home deliveries.
Retailers will drive demand for up to 270 million square feet of warehouse space in Europe, including 33 million square feet for e-commerce, according to a report by Jones Lang LaSalle.
The latest news, analysis, services and solutions regarding warehousing and distribution systems and their impact on global supply chains. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and warehouses are critical points in the overall supply chain. New technologies in warehouse management systems (WMS), automation, robotics, RFID and order fulfillment are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply-chain operations through their strategic use of warehousing and distribution services.
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