At its most basic, warehousing is a simple concept. It's about storing materials or goods and filling orders from one end of the supply chain to the other. But in the real world of today, tomorrow and especially five years from now, warehousing is evolving to become anything but simple. Today's warehousing professionals are feeling significant pressures from multiple internal and external sources.
The global recession affected the industry in many ways. In an effort to free up capital, there were major cuts in held inventory, adding capacity was de-prioritized and expansion of existing or construction of new warehouses and distribution centers scaled back or halted altogether. Now, as the economy has begun to grow, warehouse operations are growing again too. But as they grow, they are also being transformed by a number of issues that go well beyond simple increases in volume and throughput.
Read more to find out how warehousing operations and IT professionals are responding to significant changes and challenges facing the industry over the next five years.