The New Industrial Ecosystem
17 Aug 2022
News, National
Far beyond ports, hubs, and transportation networks, the new industrial ecosystem requires a cross-section of executive decision-makers to take a proactive data-driven stance on location strategies and logistics planning. Shifts across complex, geopolitical and socio-economic systems are happening too quickly, and the costs are too high not to rely on a data-driven approach to meeting the common industrial sector challenges that include the following:
- Highly competitive site selection due to low inventory of available space and soaring real estate costs
- Sharp increases in costs of supplies, inventory stocking, transportation, and energy
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