There's plenty of potential for companies that choose to perform a comprehensive facility redesign and process improvement analysis, according to Colliers.
The firm said it can yield a 5% to 15% increase in storage capacity, a 3% to 15% productivity lift, and a 5% to 12% reduction in operating cost, and Colliers has identified several prime examples.
One of the most common problems is related to space constraints within a distribution facility or warehouse. This can be remedied without increasing facility size, it said.
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