Warehousing and logistics management is constantly evolving each year. Managing a warehouse in today’s climate can be challenging, as new trends and solutions to keep operations running at peak performance emerge. That’s why we’ve put together a list of trends you should know about.
Some recent trends include:
- Technological Advancements
- E-Commerce Growth
- Labor Shortage
Looking for a job in the third-party logistics industry? Contact M&W Logistics today to learn more about our positions.
The Rise of Technological Advancements
Warehouses and logistics companies have been able to streamline their operations with the help of mobile technology. Warehouse managers can now use barcode scanners, view shipments on a map and pull up detailed shipping information, all on the go. For companies seeking to reduce labor costs and increase productivity, automation is an option.
Wearable technology like watches or armbands with tablets can enable warehouse workers to access information without using their hands. Some companies have even replaced human workers with drones in order to better monitor inventory within their warehouses.
E-Commerce Will See More Growth
Throughout 2022, many companies have had to scale their operations quickly due to
outside stressors such as demand increases and staff shortages. In order to thrive, companies must react proactively by building up resources in advance to avoid losses, establishing high-performing automation, and closely adapting to target consumer behaviors. A recent report has found that the ecommerce share of retail sales is expected to increase from 20.3% in 2022 to 23.6% by 2025.
However, a significant issue that e-commerce is now facing is returns. In 2020, $102 billion of merchandise purchased online was returned.13 As e-commerce retail sales continue to increase, so will returns.
Labor Shortage Problem Is Expected To Continue
Due to a confluence of factors—the retirement of baby boomers, the explosion of e-commerce and the unforeseen COVID impact—the demand for labor has outstripped supply, creating a labor shortage that is making it increasingly difficult for distribution centers to find enough workers.
The need for automation in warehouses has never been greater. To meet the demand, companies are turning to technology to increase productivity, but that means they need more workers with technical skills. Without them, the aggressive expansion of automation will not be possible—and neither will more attractive job opportunities.
Trust M&W Logistics For Your Warehousing Needs
At M&W Logistics, we provide customized supply chain solutions that include: public warehousing, asset-based truckload transportation, food-grade warehousing, climate-controlled warehouse, distribution, and logistics management. We’ll work with you to find the perfect solution for your business.
Ready to get started? Contact us today to learn more about our 3PL services!