COVID-19

How COVID-19 Has Impacted Industrial Supply Chain Management

Global outsourcing has become increasingly popular in recent decades as companies pursued lower production and logistics costs. China, in particular, became a hotbed for contract manufacturing and supplier sourcing thanks to their large and affordable labor pools. As communication technologies improved, working with businesses anywhere in the world became easier than ever before. When the COVID-19 pandemic shut down factories in China, the global supply chain was woefully unprepared and ground to a halt. As the initial wave of the pandemic begins to subside, supply ... Read More

2020-08-10T19:59:31+00:00August 10th, 2020|Articles, Frank P. Crivello, Milwaukee|

The Impact of COVID-19 on Industrial Real Estate Site Selection

As the United States continues to battle the ongoing pandemic, various trends have emerged in the area of industrial real estate. An e-commerce boom continues to drive demand for general warehousing and distribution space, while a continuing surge in online grocery sales has strained the cold chain and led to increased demand. This article will discuss industrial site selection and how it has been impacted by the COVID-19 pandemic. Changes in Site Selection Priorities In light of shifting demands and requirements, here are some changes ... Read More

2020-08-05T19:35:12+00:00August 5th, 2020|Articles, Frank P. Crivello, Milwaukee|

How COVID-19 Will Impact the U.S. Industrial Real Estate Sector

Originally published in NREI’s 2020 Midyear Outlook, page 29 The COVID-19 pandemic put the supply chain in a state of disruption. Retailers struggled to stock shelves, non-essential manufacturers were forced to shutdown or shift manufacturing to essential items, and food suppliers had to shift distribution away from closed restaurants and toward consumer outlets. Even retail and e-commerce giants such as Walmart and Amazon—largely considered to be at the top of the logistics game—ultimately ran out of in-demand items like toilet paper and cleaning supplies. Even ... Read More

2020-08-03T15:13:56+00:00August 3rd, 2020|Articles, Frank P. Crivello, Milwaukee|
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