Prologis CEO says warehouse demands are shifting fast. Here's how he's keeping up
Image: CNBC
There will always be some need for massive, centralized warehouses, but rising demand for faster deliveries and resilient energy supplies have companies rethinking where their warehouses should be.
In fact, 91% of company leaders said retailers and logistics providers "urgently" need more decentralized fulfillment networks to meet delivery expectations, according to a new survey from Prologis, in partnership with the Harris Poll. Responses came from more than 1,800 business leaders in the U.S., U.K., Germany, India, China and Mexico.
"Our focus is the consumption end, so we have really narrowed our focus into being in not only the most dynamic consumption centers, most dynamic population centers around the world, but we're very specific what sub markets in those cities that we want to focus on?
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