Latest News and Updates From Argos Software

Warehouse Space Availability in U.S. Lowest in 18 years

[fa icon="calendar'] 11/1/18 3:22 PM / by Argos Software posted in Argos Software, Warehouse Software, WMS, Industry News

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Online Shopping is creating demand for more warehouses and causing a stir in the 3PL industry

 

A report released this month from the CBRE Group, a real estate brokerage firm, shows a historic shortage of warehouse space across the U.S. mostly due to the rise of online retailing. The holiday boom in online shopping will only shrink space even further.

 

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Productivity gap increases as majority of U.S. warehouses are supported by a WMS system

[fa icon="calendar'] 10/16/18 2:51 PM / by Argos Software posted in Argos Software, Warehouse Software, WMS, Best WMS, trends

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According to the Warehousing Education and Research Council (WERC), a minority of companies without WMS software makes up about one-third of U.S. facilities (35%).

 

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7 Must-Have Dashboard Features To Grow Business Intelligence

[fa icon="calendar'] 9/17/18 11:25 AM / by Argos Software posted in Argos Software, Warehouse Software, Agribusiness

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Cultivating proper business intelligence to make your company more efficient depends on having the right executive dashboard features. Users should have the capability to access real-time and historic data in multiple ways through multiple filters. Here are just some of the features you should look for when assessing what your business needs.

 

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How agribusiness may benefit from blockchain technology

[fa icon="calendar'] 9/11/18 3:31 PM / by Argos Software posted in Argos Software, Agribusiness, trends, Industry News

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Warehouse-vendor relationships need improvement, but new report shows ways to strengthen supply chain relationships

[fa icon="calendar'] 8/3/18 9:00 AM / by Argos Software posted in Warehouse Software, 3PL, Supply Chain, ecommerce, WMS, Logistics Software

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A report was recently published by Supply Chain Digest, suggesting that supply chain relationships can be improved for better business moving forward. The report is an attempt to get closer to how these relationships are faring in the current moment and what parties on both sides need to make them stronger and more efficient. The editors surveyed over 44 retailers and 165 consumer goods manufacturers including companies like Procter & Gamble, Target, Big Lots, Home Depot, Nike, and JC Penney.

 

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Texas cities top hottest new industrial real estate markets for warehousing

[fa icon="calendar'] 7/25/18 10:58 AM / by Argos Software posted in Warehouse Software, Best WMS, WMS, Argos Software

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Commercial real estate firm JLL just announced the top ten markets for warehouses. Released in late June, the firm linked both industrial real estate and population growth to determine which markets are expected to boom in coming years.

 

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Walmart, Pepsico Top Retailers, Company Lists for Best Supply Chain Management

[fa icon="calendar'] 6/21/18 9:04 AM / by Argos Software posted in Shipping Software, Argos Software, Logistics Software, Supply Chain, 3PL, Warehouse Software

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Walmart and PepsiCo are the companies with the best supply chain management, according to a new report by Kantar-Retail Poweranking, a retail analytics firm in Norwalk, Connecticut. According to the company, over 550 manufacturer and retailer respondents participated in the annual study.

 

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Growing warehouse distribution development is justified due to demand, says report

[fa icon="calendar'] 6/12/18 2:10 PM / by Argos Software posted in Argos Software, WMS, Warehouse Software, Logistics Software, 3PL

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Warehouse and distribution space is expanding rapidly in the U.S. due to strong demand. According to a new report by the CBRE Group, a global investment firm located in Los Angeles, pro forma rents exceeded breakeven rents by 20-40%.

New warehouse development has not been hindered by the spike in construction costs, mostly because the supply of modern logistics facilities is limited. The majority of construction costs is represented by land acquisition; today, land costs range between $45-to-$170 per square foot.

The most expensive part of the country to build a 500,000 square-foot warehouse is Los Angeles, followed by Inland Empire, California; central New Jersey; Portland, Oregon; Pennsylvania’s I-78/81 corridor; Houston, Texas; Chicago, Illinois; Phoenix, Arizona; Dallas/Fort Worth; and Atlanta, Georgia.

The biggest boom right now is in Atlanta, Dallas/Fort Worth, and Inland Empire. However, the greatest rent spread between pro forma rents and breakeven rents is: Chicago at 43%; Atlanta at 38%; Phoenix at 35%; Pennsylvania’s I-78/I-81 corridor at 30%; and Los Angeles at 27%.

David Egan, CBRE’s global head of industrial and logistics research, said that the traditional perception that oversupply will threaten the market is wrong. Instead, he said “there is a very big spread between kind of the bottom line breakeven and the pro forma rents” which “means the market will generally absorb what the developers need.

“The economics are on the side of the developers, and there is a good case to be made for the developers to continue to build. Things are not getting overheated, and if the market does soften a bit, there is a cushion to move the rents a bit and still make money. There is good economic reason for development,” he said.

How have you expanded your warehouse and distribution space over the last few years? If you haven’t, do you have plans in the future? If so, what are factors that have led you to expand? Please let us know in the comments below!

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NextGen Technologies Expected to Dominate Supply Chain in Five Years

[fa icon="calendar'] 5/23/18 9:30 AM / by Argos Software posted in Logistics Software, Argos Software, WMS, Warehouse Software

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The supply chain industry is in the midst of a face-lift, as new modern technology is emerging and rapidly taking over.

 

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Drones in Agribusiness: Giving Farmers Real-time Data Whenever They Need It

[fa icon="calendar'] 5/9/18 4:24 PM / by Argos Software posted in Agribusiness, Growers Software, Argos Software, Mobile Application

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As drone technology becomes more prominent in the shipping and logistics space, it is also quickly gaining traction in the agribusiness industry.

 

In fact, when leading drone manufacturer DJI launched its first agriculture drone in 2016, the company forecast that the drone agriculture market is worth about $75 million. Research firm Global Market Insights says that by 2024, the market will be valued at $1 billion.

 

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