Urban warehouses are an innovative way to service heightening customer demands while maintaining a healthy profit. By opening a fulfillment center in a densely populated area, whether in a vacant building or through new construction, retailers gain quick access to a large volume of people.
Artificial Intelligence, more commonly referred to as AI, is a hot topic for warehouse operation leaders. Simply put, AI is a computer system that mimics human intelligence in areas like translation, speech recognition and decision making without the need for much human interaction.
There are several technologies that every warehouse needs in order to optimize it's operation and function more efficiently. They're typically low cost to implement and can help minimize costly mistakes.
Millennials entered the workplace with high expectations and the next cohort, Generation Z, is doing the same. As the oldest members join the workforce with a different professional outlook than their predecessors, companies will need to adapt if they want to attract this young talent.
With a lot of retailers announcing boosts in online orders this past year, it’s difficult to remember ecommerce in its infancy. At its start, most retailers were able to use a tiny section in the corner of their distribution center to fulfill online orders. But the orders quickly outgrew the corner and the growth of ecommerce pushed stores to open fulfillment centers dedicated to picking and packing individual orders.
Subscription boxes are a current phenomenon and their popularity is not slowing down. Many retailers are implementing a subscription-box offering, but there are key differences between a traditional fulfillment center and one optimized for packing curated boxes. Is your fulfillment center ready for subscription boxes?
An efficient supply chain will allow you to meet customer’s quality expectations and fulfill order demands quickly while delivering the most revenue. However, maintaining a balance between these key supply chain constraints – cost, quality and speed – is a difficult task for many operations.
Many businesses choose to outsource their supply chains to leverage the resources and expertise that a third party can provide and to free up time to focus on core business objectives. While outsourcing can provide flexibility and cost savings, it also has its drawbacks. Depending on which growth stage your business is in, it may be beneficial to move your supply chain back in-house.
It used to be necessary for retailers to manage multiple channels, but now consumers want retailers to integrate those channels and provide an omnichannel experience. An omnichannel strategy requires a robust supply chain to be successful and these tips will guide you on how to advance your operations and stay competitive.