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Online retail giant changing metrics in the space race
05 November 2018
Amazon could start using cubic feet rather than square feet to measure warehouse space according to CFO Brian Olsavsky.
He told a analysts at an earnings call the change would give a clearer picture on how Amazon is becoming more efficient as its inventory grows.
The mooted shift shows the growing importance of optimising warehouse space.
Amazon expects its warehouse footage space to grow 15% in 2018, slower than the 30% growth rate over the prior two years.
The company is experimenting with multi-storey warehouses, which are best suited to densely populated areas.
Handling & Storage solutions regularly examines the issue of optimising warehouse space.
Our next feature on the topic - Max the Cube: Strategies, products & solutions to maximise warehouse space - is scheduled for our March 2019 issue.