The future of the shopping mall is rapidly changing as e-commerce continues to grow in popularity and new technologies such as drones and peer-to-peer delivery are emerging. However, many experts believe that shopping malls can still play a vital role in the supply chain, especially when considering last mile fulfilment, e-commerce, drones, peer-to-peer delivery, and sustainability.
One way that shopping malls can adapt to the changing retail landscape is by becoming more of a hub for e-commerce fulfillment. Many malls already have large parking lots and easy access to major roads, making them ideal locations for fulfillment centers. By turning some of their unused retail space into fulfillment centers, malls can take advantage of their existing infrastructure and provide a convenient location for retailers to store and ship their products. This can also help to reduce the carbon footprint of e-commerce by consolidating shipments in one location, reducing transportation and logistics costs.
In addition to serving as fulfillment centers, shopping malls can also play a key role in the last mile of e-commerce delivery. With more and more consumers opting for same-day or next-day delivery, retailers need to find ways to get products to customers quickly and efficiently. Shopping malls can help with this by providing a location for retailers to set up lockers or pickup points, where customers can collect their online orders. This not only helps retailers to speed up delivery times, but it also provides another reason for customers to visit the mall.
New technologies like drones and peer-to-peer delivery are also emerging as possible solutions for last mile delivery. Shopping malls can take advantage of these technologies by providing a location for drone landing pads and pickup points for peer-to-peer deliveries. This can help to further reduce delivery times and costs, while also providing a more sustainable option for last mile delivery.
In addition to providing a location for fulfillment and delivery, shopping malls can also play a key role in promoting sustainability. By incorporating green technologies and practices, such as solar panels, energy-efficient lighting, and recycling programs, malls can help to reduce their carbon footprint and promote sustainable living. Shopping malls can also promote sustainable products, such as organic and locally-sourced goods, which can help to support local businesses and reduce transportation costs.
In conclusion, the future of the shopping mall is rapidly changing, and it is essential for malls to adapt to new technologies and trends in e-commerce, such as last mile fulfilment, drones, peer-to-peer delivery, and sustainability. By becoming more of a hub for e-commerce fulfillment, providing a location for last mile delivery, incorporating new technologies and promoting sustainability, malls can continue to play a vital role in the retail industry.
Contact us today, trace. your supply chain consulting partner.
