Area Development
Site & Facility Planning Insider
A New Paradigm for Making the Location Decision
According to the Department of Labor statistics, there were more than seven million unfilled jobs in the U.S. in 2018. In order to find the talent with the needed skills to fill these jobs, companies are engaging in human resources or people analytics, which is based on the availability, cost, and sustainability of labor, especially technology talent and skill clusters, across geographies. And with talent at the top of their location needs, companies are often going where their analytics determine the talent wants to reside — instead of asking the talent to come to them.

This may be the case with the newest and most tech-savvy generation entering the labor force, Gen Z – defined as those born between 1996 and 2010. Reteisha Byrd and Tracy King Sharp of Boyette Strategic Advisors say companies that are progressive in adopting artificial intelligence (AI), virtual reality, and other technology will find that Gen Zers will readily jump in and excel at these new innovations. And today’s manufacturers are increasingly incorporating AI into their operations as well as their supply and distribution chains, realizing it will not only enable machines to do more, but people as well.

In fact, improved automation through the use of AI/machine learning is expanding the use of robotics in warehousing, while refining inventory management and planning processes, says Steve Hess of DHL Supply Chain. It seems that Gen Zers, as well as the millennials who preceded them, are also influencing where companies set up their last-mile distribution centers. Younger generations are more likely to shop online for purchases large and small and expect same-day or next-day delivery so products must be stored close to where these consumers reside. A new paradigm has evolved for making the location decision across multiple facility types.

People Analytics Helps Define the Search for Skilled Labor

Ron CrumWayne Gearey, Chief Data Scientist, Emsi


Taylor GravoisAmy Fobes, Vice President of Business Development, Emsi
 

The analysis of human capital flows across markets and regions measures how, why, and where talent and skill clusters are creating and supporting sustainable market strength.

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Gen Z: Shaping Location and Expansion Decisions

Ron CrumTracy King Sharp, Chief Operating Officer, Boyette Strategic Advisors


Taylor GravoisReteisha Byrd, Research Manager , Boyette Strategic Advisors
 

Cvompanies using artificial intelligence, virtual reality, and other technology are seeking out Gen Zers to fulfill their workforce needs — in places this most tech-savvy cohort of the labor force wants to be.

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RESPOND NOW to the Hunts Point Produce Market Redevelopment RFEI

Shape the future of produce distribution in NYC. Respond to NYCEDC’s RFEI to develop a new, modern, resilient facility for the Hunts Point Produce Market.

Learn more…

Last-Mile Distribution Drives Industrial Demand in Secondary Markets

Ron CrumBen Newell, Senior Vice President, Logistics Group, Transwestern Development Company Q3 2019
 

Retailers are rethinking their supply chain management and locating closer to the end customer to meet their lightning-fast delivery expectations.

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Seaports Coping With Rising Trade Volumes, Tight Real Estate Markets

Ron CrumWalter Kemmsies, Ph.D., Managing Director, Economist and Chief Strategist, U.S. Ports, Airports and Global Infrastructure Group, JLL
 

In order to address the challenges of big-ship congestion, U.S. seaports are turning to rail, barges, and off-terminal facilities.

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Globalization, E-Commerce, Last-Mile Delivery, and Other Supply-Chain Challenges

Ron CrumSteve Hess, Vice President, Development Americas, DHL Supply Chain
 

Area Development recently asked Steve Hess, VP of Real Estate Development at DHL Supply Chain, about issues affecting companies’ global supply chains. DHL is the largest global operator of logistics space, having acquired and/or developed over 20 million square feet of industrial space in the last several years alone, providing both internal and external customers with individually tailored real estate solutions, says Hess.

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