Site Selection Strategies & Economic Development.

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Presentation transcript:

Site Selection Strategies & Economic Development

Trends in Logistics 3 Supply Chain Challenges Volatile Energy Costs International Competition & Sourcing Challenging Global Economy Tepid Consumer Spending in US Slower speeds to market Sustainability Transport Capacity- trucks & drivers Government Regulation- black box Chassis Changes Credit Lease Accounting Rules Supply Chain Response Move closer to local markets and ports like Charleston Maximize supply chain efficiency and mitigate interruption risk Reduce transportation costs- Bid transportation rates, Increase reliance on less expensive all water and rail intermodal Outsource to third-party providers Optimize warehouse operations Update Rent vs. Own calculations Utilize cost-saving technology and energy practices Green initiatives- LEED, sustainability, SmartWay carriers Blend & extend leases Communicate & Collaborate

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