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3 ways retail warehousing impacts profitability

6 River Systems

With more brick-and-mortar stores shutting their doors than ever before and demand for warehouse space on the rise, retail warehousing creates a profitable opportunity for many companies. Not only does retail warehousing enable companies to bolster regional distribution efforts and reduce last-mile delivery challenges, but the repurposing of prime real estate space is a boost to the economy, as well. Below, we’ll discuss three ways retail warehousing impacts profitability.

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

Workers are so scarce that, in many parts of the country, low-skill jobs are being handed out to pretty much anyone willing to take them – and high-skilled workers are in even shorter supply.”. The shortage of workers has hit the trucking and logistics industry particularly hard. Many other jobs such as Material Handler, pickers, and other general warehouse position are bretween $12,00-$14,000, with fork life operators making up to $16 range.

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Why Taxing Automation is a Bad Idea

Talking Logistics

Today when most of us think of modern automation, grand images of million-dollar robots with giant arms completing complex (even dangerous) tasks in an automotive plant or complex warehouse fulfillment using automated storage and retrieval systems (ASRS) immediately come to mind. Restaurant chains such as McDonald’s and Panera Bread have been rolling out kiosks allowing customers to place their own orders.

The Future of Retail Supply Chain: What’s in Store?

Logistics Bureau

Retailers have little choice but to respond, often without the luxury of breathing space in which to reimagine or repurpose their supply chain networks. There will be no such thing as a one-size-fits-all model for retail supply chains. For that very reason, innovation will be a constant quest for retail supply chain owners over the next decade or so, with three primary areas of focus likely to be: Multi/Omni-channel supply.

The Myths and Benefits of Using a 3PL: Evaluation Criteria to Consider

Turvo

Prior to the onset of the pandemic, the value of a third-party logistics provider (3PL) was increasing. According to Supply & Demand Chain Executive , a new Global Market Insights Inc. report found that the global 3PL market would surpass $1,800 billion by 2026.

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The Future Is Now for Logistics

Material Handling and Logistics

the supply chain. Given the swiftly changing logistics environment, those who navigate the new world we live in need a roadmap to guide their actions. The Council of Supply Chain Management Professionals' annual State of Logistics report attempts to offer just such a map -- accompanied by some timely warnings. The high demand for logistics services took some by surprise, including the researchers. The capacity crunch and technology are reshaping ?the