Regionalized Supply Chains and the Effect on Warehouse Space
Rather than global supply chains, companies are moving their supply chains closer to those they serve. These regionalized supply chains have multiple benefits.
Improved supply chain transparency, which will help companies meet regulatory requirements, optimize operations, guarantee the quality of outputs, and ensure the sustainability of processes, is one such benefit. The whole supply chain is easily mapped and the potential bottlenecks and vulnerabilities known.
Other benefits include a shorter, more responsive supply chain, improved response rates due to market changes, and supply chains that are not complex compared to the global supply chain.
For these regionalized supply chains, one drawback is that companies often find they lack the warehouse space needed. KTI LTD is a third-party logistics company with multiple locations, including SQF-certified space. If you’re looking for flexible, short-term, overflow, or long-term warehouse space, we can provide a customized quote to meet your needs.