Industry Analysis & Industry Trends
The Warehousing and Storage industry provides its clients with storage facilities for a wide variety of goods. Although a large proportion of this is general merchandise, the industry also offers specialised storage of liquids and gases, agricultural commodities and refrigerated goods. Industry revenue is expected to grow at a compound annual rate of 2.8% over the five years through 2016-17 to reach £14.2 billion. Supply chains have become increasingly complex and the industry has adapted to satisfy new consumer demands. Warehouses have developed into distribution centres, where goods can be finished, packed and held in preparation for final delivery. Many facilities also increasingly handle customer returns and waste management through reverse logistics... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is currently in the mature phase of its life cycle. The mature phase marks the point where an industry's products and services have achieved widespread acceptance, which applies to many operators in this industry. Trends in enterprise and establishment numbers are also indicative of this stage of the life cycle, with expansion by acquisition the name of the game if companies want to build scale.
New technology is helping to improve the way in which industry services are offered. Many warehouses now include barcode scanners, Radio-Frequency Identification (RFID) tracking systems, automated picking systems or voice operated picking systems. The.. purchase to read more