We are in unprecedented times. After the pressures of stockpiling for Brexit, the warehousing industry now faces a new challenge fuelled by the Covid-19 pandemic. Never in our lifetimes have we experienced a global pandemic like Covid-19 and its impact will surely be felt for many years to come. Over the past 3 months, we’ve seen a significant shift in our economy. Businesses across every sector have had to rapidly adapt to the new environment to survive.
Consumer buying habits have, according to Logistics Manager, changed as a result of the Covid-19 pandemic. Over the past few months, the … Read More
The Encyclopedia Britannica defines Artificial intelligence (AI) as:
“… the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from past experience.”
Effective warehousing and logistics is the fundamental core function of the industry.
Your business will succeed or fail based upon how you address these important factors. An effective manager will be constantly discovering innovative methods to improve his or her company’s performance.
Why not remember the 4 R’s for continuous improvement:
Research…Reflect…Review…Refine
Fully automated warehouses are flexible, reliable, fast and efficient. They allow for improved warehousing and goods distribution and optimum material flow. Processes such as the storage, retrieval and relocation of goods efficiently proceed automatically.
These fulfillment centres or third-party logics (3PL) warehouses, where incoming orders are received, processed and filled, will become fully automated in ten years’ time, say Amazon. (Brian Merchant – Gizmodo UK – 2nd May 2019)
A data warehouse is an electronic system that gathers data from a wide range of sources within a company and uses the data to support management decision-making. However, what are the advantages and disadvantages of such a system?
‘Panoply’ is a cloud data warehouse and management service. They explain that:
“Companies are increasingly moving towards cloud-based data warehouses instead of traditional on premise systems. Cloud-based data warehouses differ from traditional warehouses in the following ways:
Do you need to employ better organised and more effective storage techniques in your warehouse? This article will assist you to achieve a better understanding of the issues confronting your organisation, whilst offering sensible yet logical solutions to eradicate any shortcomings.
In the USA empty retail stores and shopping centers are increasingly being converted into warehouse and e-commerce distribution centres.
So, states the global industrial real estate firm CBRE, which examined in detail two dozen such projects ranging from southern California to Baltimore. Such is the rise in demand for ecommerce warehousing.
The start of a New Year is the ideal time to conduct a company health check.
It makes so much sense to review the progress of your company and identify how you can make the most of the market position you’ve established and decide how to improve your business and how to take it to the next level. You will need to revisit and update your business plan with your new improvement plan in mind and make sure you deliver these new improvements in a timely manner.
We think that the Brexit withdrawal agreement should be high on everyone’s agendas in the UK – whether you trade between the UK and the EU or not – because the impacts of the agreement (or lack of) will far exceed just those directly involved…and here’s why.
The Financial Times has recently reported that Brexit-related stockpiling is driving up the cost of short-term space in UK warehouses, as companies across the country guard against a no-deal outcome that could cause gridlock at ports and chaos in cross-border trade.
Companies of all sizes and in all sectors are laying plans to hoard raw materials, components, packaging and finished goods. Solutions are becoming more difficult to find with panic hoarding of warehouse space.
The voracious growth of e-commerce has devoured warehouse space for rent in recent years. Experts report of Amazon’s domination of the market in terms of demand … Read More