Rapid advances in technology have disrupted many organizations across the globe – especially commercial real estate. It’s not surprising, Commercial real estate firms have been known to be lagging when it comes to embracing technology, urbanization, and social changes. Real estate firms need to be a catalyst for change, influencing organizations to invest in business infrastructure, […]
According to a report by Supply Chain consultancy Armstrong and Associates; “U.S. warehousing costs for 2017 were estimated to be $148.7 billion, a 3.3% increase over 2016’s $143.7 billion. Nearly $70 billion of that tally, $68.6 billion, was attributed to commercial warehousing, and the third-party logistics (3PL) value-added warehousing and distribution (VAWD) market accounted for […]
In this two part series of articles, we take a look at the effect of AI on Supply Chain Management (SCM) and its two components Logistics and Warehousing, and its impact on Commercial Real Estate industry. This article deals with SCM which involves managing the entire gamut of activities such as buying, selling and/or leasing […]
It is no secret that Artificial intelligence and other technologies have disrupted the current business scape and changed the way business is conducted. The construction industry is no exception. Use of newer technologies has helped optimise operations including risk management, subcontractor management, schedule management, construction site environment monitoring, and security. Currently, the construction industry is beset […]