Facility Management Trends

A research report from the Professional Retail Store Maintenance Association (PRSM) shows that retail facility managers navigated through a rapid succession of changes during 2012.

“Retail is changing at a breakneck pace. As stores evolve within the shifting landscape of retail, integrating technology, becoming more sustainable, and redefining the shopping experience in the interior space, FMs will be challenged to keep pace. Top retail facilities management professionals will be the ones who address the issues of today, and the emerging ones tomorrow

“FMs will continuously assess their skill sets, as the ones they possess today may not empower them in the future. The ability to harness the power of technology and data, to analyze, to weather the uncertainties of today’s markets and recognize the role of sustainable practices, will all be key to their future development. Armed with the information presented in this trends report, Retail Facility Managers will have a valuable tool to stay ahead of the curve, and meet the challenges ahead.”

 

Technology

• Building Information Modeling – data driven, three dimensional software increasingly used in retail design and construction
• Geographic Information Systems – digital mapping, which provides a constant, real-time information stream for a store location
• Computer Assisted Facility Maintenance – a workplace management system capable of integrating building automation systems and CMMS platforms

Sustainability

• Renewable Energy – retail is increasing installations of solar panels at the store level
• LEED (Leadership in Energy and Environment Design) – a suite of rating systems for the design, construction and operation of high performance green buildings
• Green Leasing – integration of energy and water efficiency, emissions reduction, waste minimization and other sustainability objectives throughout the entire commercial leasing process

Vendor Diversification & Expansion

• Vendor Management – maintaining a solid base of vendors that satisfies a store’s needs, while maintaining exceptional service
• Mergers and Acquisitions – a changing landscape with companies actively acquiring other vendors to expand reach and broaden service offerings

Retail Construction and the Economy

• Lifecycle Costs – the ongoing challenge to find creative and cost effective repair solutions matched to budget allowances and maintenance standards
• Expansions and Remodels – store repair and refresh as priority initiatives, over new construction for the foreseeable future

Get the full report 2012 Trends Report: Current andFuture Trends Impacting Retail Facilities Management.