The retail business has been undergoing a massive and constant change in the past several years. Online sales now represent a 14.3% share and account for 51.9% of the growth in total retail sales. As the e-commerce sector grows, so do customer expectations. Amazon, which now captures a 49.1% share of the entire US online retail market, made free two-day and same-day delivery an industry norm. Customer expectations for expeditious delivery have never been higher and supply chain management for small and medium-sized e-commerce businesses has never been more challenging.
One of the biggest challenges facing the industry today is the escalating shortage in warehouse space. According to this year’s report from CBRE, the availability of industrial real estate fell to its lowest level since 2000 and the demand for warehouse space exceeded the supply by approximately 6 million square feet. In response to the growing delivery demands and the lack of any, let alone affordable warehouse space, supply chain managers are turning to so-called “warehouses on wheels.”
Mobile warehouses are the perfect solution to the problem. Warehouse-adapted vehicles have many advantages over conventional stationery warehouses: for one, they’re inexpensive and they do everything regular warehouses do (picking, organizing, storage, and fulfillment) — except they’re mobile, which means that products get to the end customer much faster and cheaper. Plus, warehouse vehicles are more accessible, more flexible and require a significantly lower initial investment to utilize.
Delivery drivers no longer need to drive long routes to central warehouses in order to pick up multiple packages and then drive the same long way back to deliver them. Mobile warehouses drive in optimized routes, making the entire last-mile logistics process far more time- and cost-efficient. Making the final delivery is now much easier for last-mile drivers, as mobile warehouses can often be positioned within walking distance or a short minute drive from the customer.
Mobile warehousing is rapidly substituting conventional stationary warehousing, and for a good reason too. Meeting today’s often unrealistic customer expectations means having a wide range of products located close to the customer, readily available for delivery.
Serve recently announced the integration of its patented mobile warehousing technology into its award-winning logistics platform. Service providers can now utilize this technology to pick, package, sort and distribute products cheaper and faster — offering customers a seamless delivery experience without incurring any additional costs or significant initial investments.
Having been in the logistics industry for more than 20 years, we amply appreciate the effects of proper supply chain management on business — customer relationships. We have created the logistics platform of the future: a truly global, decentralized blockchain-based platform integrating mobile warehousing, facial and fingerprint recognition technology that employs innovative smart contracts to provide security, trust, and transparency through the entire supply chain and order management process.
The Serve Platform enables every person, business, and service provider on the planet to buy, sell, receiveе and deliver pharmaceuticals, food and groceries, rides, products, services, and eventually anything.
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