An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.
U.S. business inventories dropped to near historic lows in 2021 while the costs associated with storing, transporting and financing goods rose considerably. But the logistics sector has begun to enable positive changes, according to a new report.
A well-orchestrated, automated warehouse requires a smart fulfillment software platform that can tie together all the data-management systems that go into warehouse operations, says Akash Gupta, chief technology officer and co-founder of one-stop warehouse automation provider Grey Orange.
Buying land is a major shift for Amazon, which historically relied on a handful of developers to find property, build fairly simple warehouses and rent them back to the company. Now, Amazon is increasingly taking parts of the development process in-house — often bidding against long-time partners for the best space.
The number-one labor challenge for supply chains today is worker availability at the retail level, says Pete Blair, vice president of marketing with Berkshire Grey.
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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