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Odd Lots

GXO's CIO on the Past, Present, and Future of Warehouses

Odd Lots

Bloomberg

Business, News, News Commentary, Investing, Business News

4.5 β€’ 2K Ratings

πŸ—“οΈ 26 July 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

You can't talk about supply chains without talking about warehouses. Basically everything we buy at some point eventually sits in a warehouse. But warehouses themselves are changing. Whereas at one point, they were simple and straightforward β€” goods come in before getting trucked to retail outlets β€” today they're massively complex, thanks to e-commerce and needing to deal with returns. On this episode, we speak with Mark Manduca, the CIO of the logistics firm GXO, about warehouses during the pandemic and what the future looks like.

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Transcript

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0:00.0

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0:19.2

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0:30.8

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0:34.2

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0:37.7

Learn more at bloomberglive.com slash tech summit 2023.

0:41.7

Hello and welcome to another episode of the AdLots podcast.

0:58.4

I'm Joe Weisenthal.

1:00.4

Unfortunately, my co-host Tracy Eloay is off today, but I will continue on without her.

1:06.9

So obviously, Tracy and I have been talking a lot about logistics,

1:11.7

supply chains and so forth.

1:13.6

We know there's an extraordinary amount of disruption in the space lately,

1:17.9

but there's still, I guess I would say, links in the supply chain that we haven't covered.

1:22.0

So we've talked about shipping a lot, we've talked about trucking and so forth,

1:27.2

but there are still all kinds of links in the chain.

1:30.3

We haven't talked about, and of course, one of those links is warehouses.

1:36.0

So we've talked about, there's this incredible boom and e-commerce,

...

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