Supply Chain Real Estate
Supplychainrealestate.com is a website that is started by Ward Richmond in 2007 to track the strategies, solution, market activity and case studies related to Dallas, TX-based team and the industrial real estate sector, in general.
What is the Role of the Warehouse Management System. Design and Layout of Warehouses and Distribution Centers. The role of warehouses in the supply chain has evolved from dedicated warehousing facilities to centers focused on service and organizational support.
An efficient warehouse and distribution center has a fundamental impact on the overall success of the logistics chain. For warehouse management design and execution, this center must be located in the optimal place, be designed according to nature and operations to be performed on the product, use the necessary equipment, and be supported by an organization and adequate information. Supply Chain Real Estate Solutions. DFW Market Report – Q3 2020 By Ward Richmond COVID Proof As I sit here at the home office on the morning following the Winter solstice, I can admit I may have subconsciously used this whole COVID debacle as an excuse to procrastinate writing this Q3 2020 market update blog until the last possible minute.
Such is life in 2020. In general, COVID-19 seems to still have its foot on the gas and it is scary out there, but there is thankfully a vaccine on the way to save the day! I tested positive for COVID back in October, so I am going to try to take advantage of this extremely low cost travel and heightened immunity while I still can!
The DFW Industrial Market stayed strong overall in Q3 2020 putting up some big numbers and continuing to close some huge deals. The Big Box Market (200K SF + facilities) has hit huge net absorption numbers with almost 17 Mil SF of deals getting done YTD, with 4 Mil SF of Deals getting done in Q3. Supply Chain Now Episode 365 is Live! Supply Chain Now Episode 365 is Live!
By Ward Richmond “Companies who have not adjusted to the eCommerce world that we’re living in are in a world of hurt. If they don’t have the supply chain infrastructure to support the growing demand for eCommerce in the Amazon effect, they’re going to have a lot of trouble surviving in the 2020s.”– Ward Richmond, Executive Vice President at Colliers International For years now, companies have been looking to do more with less when it comes to real estate, making the most of expensive investments. In the wake of the COVID-19 pandemic, the trend has reversed, with companies looking to have enough space to maintain the safety of their teams without skyrocketing overhead.
Ward Richmond is an Executive Vice President and shareholder at Colliers International, as well as a blogger at supplychainrealestate.com. In this conversation, Ward returns to the show to provide Supply Chain Now Co-hosts Greg White and Scott Luton with an update on: Rise of the "Big Bomber" Distribution Center: Part 2. Rise of the “Big Bomber” Distribution Center: Part 2 By Ward Richmond Speculative (spec) real estate development occurs when a developer buys land and builds a structure without having a tenant in tow.
They are betting on the come. This is a much higher risk than the Build-to-Suit (BTS) projects, but the payoff can be substantial. Building spec provides developers with a competitive edge due to the increased speed of delivery time. When building a speculative 1 Mil SF distribution center, developers take a hard look at some items to limit their risk as much as possible. 1. 5 Simple Steps to Making Impactful Cold Calls. 5 Simple Steps to Making Impactful Cold Calls By Ward Richmond Cold Calling Ain’t Easy!
The bottom line is, I think a little bit of masochism goes a long way when it comes to being a sales professional. Why? Because cold calling sucks. 5 Simple Steps to Making Impactful Cold Calls. Supply Chain Real Estate Solutions. Rise of the “Big Bomber” Distribution Center By Ward Richmond A couple of weeks ago, I had the privilege of touring Amazon’s 1.2-million-square-foot fulfillment center in Fort Worth, TX.
This was my first time touring an Amazon facility, and it was a mind-blowing experience. When the tour began, the Amazon guide asked our group of 25–30 folks a few questions: Q: Who all has an Amazon account? Q: Who all has an Amazon Prime account? Q: Who all ordered something from Amazon this week? E-Commerce and the Rise of the "Big Bomber" Distribution Center: Part 3. E-Commerce and the Rise of the “Big Bomber” Distribution Center: Part 3 By Ward Richmond Not too long ago, a 1 Mil SF facility was nothing but an industrial real estate developer’s pipe dream.
Today, things have changed, and the explosive rise of e-commerce has made this fantasy a reality. The need for manufacturers and distributors to increase delivery speed is creating an urgent and growing need for these massive facilities. Here are the Top 4 design elements that are carefully considered by developers when planning a 1 million+ SF facility:
Welcome to The Roaring 20's – Phase II of the Digital Supply Chain Rampage. Welcome to The Roaring 20’s – Phase II of the Digital Supply Chain Rampage By Ward Richmond Last week, I attended my 4th consecutive BGSA Supply Chain Conference in Palm Beach at the legendary Breakers Hotel.
This is undoubtedly my favorite conference of the year, and hands down, the best possible way to start out the year if you are a true supply chain junkie, like me. This incredible event is hosted by the legendary Ben Gordon. Ben is a Renaissance man of sorts in the supply chain world, morphing between CEO, entrepreneur, investment banker, world class investor, media mogul and of course, conference throwing extraordinaire. Supply Chain Real Estate Solutions. The North Texas Tilt Wall Massacre By Ward Richmond Welcome to 2020 y’all.
If you are in the North Texas Industrial Real Estate Market, chances are, you are killin’ it. Supply Chain Real Estate Solutions. Apocalypse Land | Q1 2020 DFW Big Box By Ward Richmond If you go back and read my 2019 recap I published earlier this year, I may have been the most optimistic sounding dude in the State of Texas.
As I sit here at home today recapping Q1 after 7 weeks in lockdown, I’m not quite sure what to think. For one thing, Q1 numbers are somewhat meaningless at this point because the world has forever changed. I actually think Q2 through Q4 numbers will also be meaningless because there is just no way in hell we are going to know the true impact of COVID-19 on the global economy for quite some time. Nevertheless, for the sake of checking the boxes and doing my job, I’ll give you a brief overview of what happened in Q1 2020 in DFW Industrial Real Estate. U.S. Industrial Q1 2020 Review Amanda Ortiz, National Director, Industrial Research. U.S. Industrial Q1 2020 Review Amanda Ortiz, National Director, Industrial Research | USA. 10 tips for selling your property.
Ward Richmond – Innovative Commercial Real Estate Strategy & Solutions for Supply Chain, 3PL & eCommerce sectors. Supply Chain Analysis for Optimal Operation - Supply Chain Real Estate - Medium. Consumers are currently looking for new alternatives and means of purchase that are simple and comfortable, we have used technological platforms and methods that have made it increasingly complex for companies to deliver products and services in an efficient and profitable way. Carrying out a supply chain analysis to assess its efficiency and productivity will ensure the company’s long-term competitiveness and profitability.
Supply Chain Real Estate — Creative solutions for your Supply Chain. Design and Layout of Warehouses and Distribution Centers. The objectives of the design and layout of the warehouses are to facilitate the speed of the preparation of orders, their precision and the most efficient placement of stocks, all of them in order to enhance the competitive advantages contemplated in the strategic plan of the organization, regularly achieving faster order cycles and better customer service. What is the layout and what is its objective? As described in the second phase of warehouse design, the layout corresponds to the arrangement of the elements within the warehouse. The layout of a warehouse must ensure the most efficient way to handle the products that are available in it. Thus, a warehouse continuously fed from stocks will have a different layout and technological objectives than another warehouse that initially stores raw materials for a company that works on demand.
How is a warehouse different from a Distribution Center? Supply Chain Real Estate Podcast #3: Hot Topics in the Cold Chain. For anyone not familiar with the unique nature of a “cold” supply chain, it covers the movement of any perishable good from its point of origin to the place where the customer ultimately purchases it – and all the companies and logistics elements that are involved in that journey. Products that commonly move through a cold supply chain include raw and processed food items as well as pharmaceutical ingredients – anything that is at risk of perishing should the temperature become too hot during shipping. Both of the guests in this podcast know the cold (or “cool”) chain well, and can speak to the big picture business trends that are driving the change being seen, including shifting consumer preferences, old companies being disrupted by innovative startups and why B2C supply chain professionals need to be familiar with “SKU proliferation”.
“Ward Richmond & Chris Cummings with Colliers” SCNR Episode 206 is live!