Investor interest in building and acquiring warehouses in the age of Amazon.com Inc. is overheating, and there might be more distribution centers created than there will be tenants to fill them, billionaire Sam Zell said.
Challenge: A company's engineering and sourcing departments were siloed and lacking access to historical information and accurate market data (pricing, availability and risk). The engineering department partially designs based on performance, but the bills of materials (BOMs) sent to the sourcing department were not procurable. The company needed access to the right data to increase contract negotiating power and reduce product launch risks due to inventory and manufacturing issues.
For Prologis Inc., the world's largest warehouse owner, the biggest challenge to growth has been acquiring land in the markets most important to its e-commerce tenants. The solution: Buy a rival.
When Bert Hooper brings on new workers at TechStyle Fashion Group’s 450,000 square-foot warehouse in Perris, California, he tells them, “If you know how to use a smartphone and you know how to use an app, you can do about any operation that we have in our facility.”
The latest news, analysis, services and solutions regarding warehouse management systems (WMS) and their impact on warehousing and distribution centers. 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 are optimizing productivity, increasing efficiency and cutting costs. Learn how companies around the world are improving supply-chain operations through their strategic use of warehouse management systems and softwares.
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