By Frank Charles Cozza, founder and CEO of Gondola Skate
More square footage is not the only solution to maximizing space utilization; nor are second-level mezzanines. Even C-Suite executives, inclined to expand the DCs and warehouse footprint, quickly discover there is so little space availability.
According to Jennifer Smith, the logistics reporter for the Wall Street Journal, the hunt for warehouse space in the US and abroad will not get any easier in the coming years.
Smith reported that the availability of warehouse space fell to 7 percent in the fourth quarter of 2018, the lowest point since 2000, and real-estate brokerage CBRE Group said the tight capacity that has driven up the costs of warehousing in recent years will remain a challenge for companies for the remainder of 2019. [Read more…] about Warehouse automation for the holidays starts with optimized flexible space utilization