News

UK needs more warehouse space for growing ecommerce

Wednesday 7 December 2016 10:59 CET | News

According to a new report from Addleshaw Goddard, a law firm, UK warehouse space needs more than 18 million square feet to keep pace with online retail, parcel delivery and logistics companies.

The new report, entitled “How soon is now?: the future of logistics”, considered that the rise in ecommerce and increasing growth in parcel delivery is putting extra pressure on supply chains, postandparcel.info reports.

The report suggested that using big data and cloud-based software platforms could help firms to better manage their supply chains, saving warehouse costs and speeding up delivery times. This could particularly support fashion retailers where speed is often critical in meeting new sales trends.

The report urges councils to set aside land for industrial use to help meet this demand. It suggests that some declining out-of-town retail parks could be turned into urban logistics hubs.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: UK, warehouse, ecommerce, Addleshaw, online retail, parcel, delivery, logistics
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events