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Warehousing 2024: Exclusive analysis of UK and international warehousing

Warehousing is an essential part of the supply chain, used for stock management, meeting customer demands, and fulfilling supply orders efficiently. It is also a rapidly growing industry, has substantial economic impact, and has led to notable technological advancements. Given its importance, it is pivotal that challenges in this industry are addressed as quickly and efficiently as possible. This paper analyses recurring challenges in warehousing, both in the United Kingdom and internationally. It also assesses the latest technologies and solutions being used to resolve these challenges, and explores the benefits companies encounter when these challenges are overcome.

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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.