As 2014 gets well underway, we thought we’d have a look at the year ahead and explore what trends seem to be emerging in the warehouse and distribution industry.
Having some foresight into what’s in store this year can help warehouse services plan for the year ahead and streamline any operations that may be affected.
This year could see a change in the warehousing business model as the industry embraces an internet-driven, customer-focused marketplace. Customers now expect their products quicker and with the ease of ordering online, warehousing companies will need to ensure they’re running a streamline operation. Make sure that you’re using a suitable fulfilment management system that allows for accurate stock management and order personalisation options.
Supply Chain Collaboration
We predict that as warehousing companies grow and develop this year, more will actively seek out partners to collaborate with as part of their supply chain. Many warehouse companies are coming to realise that collaboration through outsourcing can be financially rewarding: By adding additional resources to your business, you get to take on board your partners’ expertise which in turn, enhances your reputation and grows your business in the long term. And with the aid of integrated information systems, improved information sharing means greater control over supply chain monitoring.
Forward Distribution Spaces
Outsourcing some of your stock to third party vendors can ensure rapid replenishment for those products that need to be shipped quickly. Using a forward distribution warehouse closer to your customer’s delivery address can enhance your company’s responsiveness and increase its flexibility in dealing with customer delivery requirements and time expectations.
What do you make of our warehousing trend predictions for 2014? Are there any trends that we’ve missed? Feel free to add your own predictions in the comments below – we’d love to hear your thoughts.