The Overhaul of 3PL Warehousing in Australia: Embracing Modernization and Growth Opportunities
Australia's warehousing space within third-party logistics (3PL) is transforming significantly. As the industry demands evolve and businesses strive to optimize their supply chains, 3PL players are opening new warehouse facilities nationwide. In this blog, we will delve deeper into the insights surrounding the latest warehouse facilities opened by 3PL players in Australia and explore the driving forces behind this transformative change. Additionally, we will highlight how the modernization of warehouses through implementing WMS can help 3PLs achieve exponential growth.
Australia has the lowest industrial and logistics vacancy rate among developed nations. A recent report by CBRE found that the country needs to add an additional 1.8 million square meters of logistics space over the next five years to meet the growing demand from online retailers. Source
Source: https://www.ramco.com/blog/log....istics/the-overhaul-
