What’s Included in the Report:
Warehousing is a critical component of the supply chain, supporting efficient stock management, meeting customer demands, and fulfilling orders. Despite its growth and economic significance, the industry faces numerous challenges, including:
- Space Constraints: In 2022, 29% of warehousing professionals reported space limitations, which hinder operational success and cause inefficiency.
- Inefficient Processes: Ineffective picking, internal routing, and managing dead stock lead to delivery delays, increased costs, reduced profits, and diminished customer satisfaction and loyalty.
- Labour Challenges: Issues like worker safety, inefficiency, and high employee turnover are prevalent.
- Sustainability Concerns: Warehousing in the USA alone contributes to 10.2 million tonnes of CO2 emissions annually. Additionally, significant material waste, such as plastic wrap and polystyrene, poses environmental concerns.
Solutions & Benefits:
Drawing from our exclusive pool of 54 case studies and interviews with 93 companies, we’ve identified practical, widely adopted solutions that are transforming warehousing. Here’s a glimpse of the key benefits:
- Efficiency Gains: Two-thirds of the sample reported increased operational efficiency, which leads to faster processes, cost savings, and improved customer satisfaction.
- Sustainability Improvements: Around 63% of warehouses in our sample reduced their environmental impact through various methods like emissions reduction and waste minimization.
This report offers a comprehensive analysis of these challenges and solutions, providing valuable insights to help you optimize your warehouse operations.