With e-commerce on the rise due to the COVID-19 pandemic, many companies are finding their way to the ‘new normal’ in warehouse storage solutions. The need to increase inventory to cope with growing online demand is accompanied by the requirement for workforce social distancing that can make inventory management more difficult. Increasing costs of holding larger inventories along with reduced labor availability to shift it is changing the dynamics of many industries.
One thing that is certain is that increasing storage density and racking capacity has become a major issue, especially as demand for warehouse space has increased to keep up with the dramatic change in consumer preferences towards online shopping and expectations of rapid shipping and delivery that have been established by major online retailers. High density storage solutions and smart inventory management have now become as critical as supply chain stability.
