{"id":340181,"date":"2023-09-27T17:26:36","date_gmt":"2023-09-27T21:26:36","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=industry-intel&p=340181"},"modified":"2023-10-19T14:26:53","modified_gmt":"2023-10-19T18:26:53","slug":"prologis-explains-why-todays-supply-chains-require-more-logistics-space","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/prologis-explains-why-todays-supply-chains-require-more-logistics-space\/","title":{"rendered":"Prologis Explains Why Today\u2019s Supply Chains Require More Logistics Space"},"content":{"rendered":"

Prologis Explains Why Today\u2019s Supply Chains Require More Logistics Space<\/h1>\n

Philippa Maister | September 27, 2023 | Globest<\/a><\/p>\n

In today\u2019s world, 57% more logistics real estate is required to support $1 billion in retail sales than a decade ago, a new analysis by Prologis has found.\u00a0<\/p>\n

Ten years ago, 500,000 SF would have been sufficient to do the job. Today, 800,000 SF is needed. \u201cToday, these supply chains amount to 1.2 billion SF and support $1.4 trillion in retail sales (on 2022 dollars basis),\u201d Prologis reported. This has happened despite automation and data analytics advancements, to create what it calls \u201cthe supply chain productivity paradox.\u201d<\/p>\n

\u201cThis paradox has happened because larger, decentralized logistics real estate networks unlock revenues and save on costs in ways that were previously not possible or well understood.\u201d<\/p>\n

Continue Reading >><\/a><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

In today\u2019s world, 57% more logistics real estate is required to support $1 billion in retail sales than a decade ago, a new analysis by Prologis has found.\u00a0Ten years ago, 500,000 SF would have been sufficient to do the job. Today, 800,000 SF is needed. \u201cToday, these supply chains amount to 1.2 billion SF and support $1.4 trillion in retail sales (on 2022 dollars basis),\u201d Prologis reported. This has happened despite automation and data analytics advancements, to create what it calls \u201cthe supply chain productivity paradox….”<\/p>\n","protected":false},"author":3681,"featured_media":340183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-article.php","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2939,3007,2955],"tags":[],"class_list":["post-340181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate","category-industry-news","category-inflation"],"acf":[],"yoast_head":"\nPrologis Explains Why Today\u2019s Supply Chains Require More Logistics Space - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/prologis-explains-why-todays-supply-chains-require-more-logistics-space\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prologis Explains Why Today\u2019s Supply Chains Require More Logistics Space - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"In today\u2019s world, 57% more logistics real estate is required to support $1 billion in retail sales than a decade ago, a new analysis by Prologis has found.\u00a0Ten years ago, 500,000 SF would have been sufficient to do the job. Today, 800,000 SF is needed. \u201cToday, these supply chains amount to 1.2 billion SF and support $1.4 trillion in retail sales (on 2022 dollars basis),\u201d Prologis reported. This has happened despite automation and data analytics advancements, to create what it calls \u201cthe supply chain productivity paradox...."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qa.bluevaultpartners.com\/prologis-explains-why-todays-supply-chains-require-more-logistics-space\/\" \/>\n<meta property=\"og:site_name\" content=\"Blue Vault\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-27T21:26:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-19T18:26:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2023\/09\/AdobeStock_379560611-scaled-e1698940331696.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"319\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hannah Kilgore\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hannah Kilgore\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/prologis-explains-why-todays-supply-chains-require-more-logistics-space\/\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/prologis-explains-why-todays-supply-chains-require-more-logistics-space\/\",\"name\":\"Prologis Explains Why Today\u2019s Supply Chains Require More Logistics Space - 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