Available warehouse capacity has been on a downward trend for 32 quarters in a row. Companies are looking for bigger, smarter, and more flexible warehouses—but they aren't being built fast enough to meet the booming e-commerce demand.
Building new warehouses is difficult because real estate availability is often rare in urban areas where demand is highest. Meanwhile, existing warehouses are less tech-savvy and slow to upgrade their operations. To serve today’s consumers, warehouses will need to evolve into an intelligent component of the entire global supply chain. In the era of ecommerce, an agile supply chain is critical to maintain a competitive edge.Read More