LOGISTICS WAREHOUSINGThe rise of e-commerce is spurring growth in the industrial sector.

By Shani Atapattu

When it comes to America’s industrial sector, nothing is constant. This includes everything from manufacturing to warehousing. Just a few years ago, the industrial sector took a hit along with the U.S economy; however, in 2016, warehousing is on the rise across the country because of the increasing demand for outsourcing services. With the economy on the mend, more companies are investing in stronger distribution chains, where warehouses can reduce lead times by giving companies more distribution points to get products to customers faster. This gives companies the advantage of being able to have a leaner supply chain and keep up with the growing economy.

As a South Florida-based company, we’ve seen the industrial sector growing along with the real estate market boom. There is an overwhelming increase in industrial development thanks to the PortMiami expansion and improvements at the Miami International Airport. Being the first to complete these major projects, South Florida has become a distribution hub for the rest of the country, so warehouses are now an integral part of companies’ supply chains.

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 LOGISTICS SPEEDHere’s how to keep up with the rapidly changing world of commerce.

By Michael Forhez

In today’s digital world, consumers are increasingly relying on e-commerce sites and mobile apps to enable their near insatiable quest for the right product and offer delivered anytime, anywhere, usually in 24 hours or less. If consumers can't find what they want when they want it, they’ll just move on — with your company missing out on that initial or subsequent sale.

According to Macquarie retail analyst Ben Schacter, “26 cents out of every dollar spent online in the U.S. during 2015 came through Amazon.” Demand is so great for the instant shopping experience that Schacter also predicts that “the number of American households with Amazon Prime accounts will likely double by 2020.” In a digital and mobile-enabled world, consumers now have shopping at their literal fingertips, with expectations to match.

 BEST PRACTICES 01Digitally transforming your company is easier than you think.

By Chip House

Change is intimidating for many wholesalers and distributors. With multiple customer channels each having their own unique needs for products, pricing, payments and shipping, “change” becomes a word that makes many businesses shudder.

However, in this day and age, change is necessary to stay ahead. And with today’s technologies, digitally transforming your company is a change that’s easier to undergo.

 OP MANUF ED PIC 1By Dan Campbell

Being good at something requires a particular set of skills. When someone is recognized as a stand-out professionally and promoted into a supervisory role, the skills they need to be successful change a great deal. Many aren’t equipped with those skills and require training in general areas of management. For example, proven aptitude in one role doesn’t mean someone has an instinctive ability to manage peers or navigate conflict.

These are competencies that can be taught, but new supervisors often aren’t trained for the job they are stepping into. By training supervisors in management best practices, companies reduce the cost of lost time and productivity and lessen the negative drain on employee morale when leaders are not set up for success.

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