Search
 

Supply Chain and Logistics Growing in Importance

Supply chain is now a major driver of financial performance, and that has got the attention of corporate leaders.

chi-RidgePort (2) RidgePort Logistics Center in Wilmington, IL. Ridge Property Trust is developing a 1.5M square foot BTS here, the largest new project in the region.

CHICAGO—Nearly every firm which sells anything online has begun reevaluating its supply chain. The retail store, which functioned as the middleman for generations, is no longer as important, and companies need to figure out the best ways to ship directly to their customers. Colliers International has responded to that need by launching a new consulting team dedicated to supply chain and logistics. The new group will augment the work done by an existing national group of brokers dedicated to logistics and transportation.

“Years ago, there was no such thing as logistics and supply chain, there was just shipping and receiving,” something which corporate leaders could largely ignore, Jack Rosenberg, Chicago-based national director of Colliers’ logistics group, tells GlobeSt.com. These days, however, C-Suite executives understand the importance of supply chain and have even begun hiring experts in the field for top-level positions.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author

Recommended Stories

GlobeSt. Net Lease Spring 2025Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.