Read about the latest industry developments
We are moving from just in time inventory model to a “just in case” model. Furthermore, e-commerce was already proliferating as we know, but some say COVID has expediated our online demand by 5 years. At uTenant, we can this the move from “Shop to Shed”.
"Approx 90% of large Industrial Facilities (Over 4-5,000 sqm) around the country are owned by large private & public landlords, not many businesses today own their own facilities. The majority of companies today are contracted into long leases with these respective landlords."
When I met Matt Sampson at a networking event and heard about uTenant and the comapanies vision, I knew what I had to do - Kyle Rogers An article from Kyle Rogers explaining why he decided to join the uTenant tribe
The Coronavirus crisis has placed stress on supply chains as never before. Whilst most of the attention has focused on the response of the transport industry and the difficulties it has faced in moving product on an international and domestic basis, the warehouse sector has also experienced enormous challenges.
Retailers suffering supply chain problems caused by coronavirus should overhaul their warehousing strategy and introduce a more “resilient approach”. This would mean abandoning the traditional just-in-time philosophy that prioritises lean inventory but often comes with high fixed costs during lower demand, and rapidly escalating costs during demand peaks.
Australia’s coronavirus lockdown and collapse in consumer demand could trigger a container storage crisis. Thankfully, uTenant can help. As reported by The Loadstar, boxes are piling up at ports and container freight stations around the world, most notably in India: import cargo uncollected as economic activity grinds to a halt. And in Australia, local media reports suggest transport and logistics firms in the state of Victoria expect a storage shortage “within a month” as shops remain closed and goods go unsold.
Newsletter