Buying land is a major shift for Amazon, which historically relied on a handful of developers to find property, build fairly simple warehouses and rent them back to the company. Now, Amazon is increasingly taking parts of the development process in-house — often bidding against long-time partners for the best space.
Uruguay’s largest free zone operator Zonamerica SA, which hosts over 350 companies, plans to break ground on more than $100 million in real estate projects through next year as it bets stressed global supply chains will boost the country’s appeal as a regional hub.
Experts predict the U.S. will need to add anywhere from 330 million to 1 billion square feet of warehouse space over the next few years, as companies look to expand their distribution networks to meet growing consumer demands.
Companies contemplating a new relationship with a third-party logistics provider (3PL) often lack the resources and expertise to successfully execute a 3PL selection and tendering initiative on their own.
The latest news, analysis, services and systems for facility location planning and network design and their impact on global supply chains. Today’s companies are planning their location of facilities and the underlying transportation network in order to deliver goods in a more timely and efficient manner than ever before. New technologies are transforming the way companies search for and choose the right location for a facility in a region — allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using facility location planning solutions to power their supply chains.
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