In this Global Industrial & Logistics report, we explore the last mile and city logistics on a global scale, looking at the implications to the physical supply chain and what it means for industrial owners and occupiers. Key takeaways include:
- Retailers and distributors are under increasing pressure to deliver consumer products and perishables into cities, often within narrow timeframes. This has created a need for adequate delivery sites in and around dense urban areas to accommodate the growing consumer demand.
- E-commerce continues to challenge the traditional supply chain. As a result, distributors have altered their supply chains to augment the traditional logistics platform that relied on regional distribution, to one that includes an urban logistics schema with locations that serve consumer hot spots.
- The millennial generation is driving global consumption. For example, U.K. millennials do more than a third of their non-food shopping online, and 50% of them are expected to do so by 2019.
- Big data is playing a larger role in the last-mile challenge by providing creative solutions for industrial operators, such as driver tracking, dispatching, mobile messaging, and delivery services for multichannel retailers.
- Innovative strategies within the last mile that have taken shape in dense global industrial hubs include multi-story warehouses, locker/pick-up locations and infill service centers.