Public warehouses are more than just a place to store goods. They’re strategic assets that help companies optimize their supply chains by enabling them to store and manage inventory efficiently. Using public warehousing can also save businesses money on storage costs and freight expenses, as well as reduce the risks of having too much or too little inventory at any given time. However, not everyone understands the full value of public warehousing. Many companies see it as simply a less expensive alternative to private warehouses rather than an opportunity to increase operational efficiency while reducing logistics costs. To educate you on the value of this overlooked asset in your supply chain, we’ve listed our top five must know facts about the value of public warehousing below:
Warehousing is a core part of any supply chain.
Warehousing is a core part of any supply chain. It’s the process of storing goods in a controlled environment to simplify the flow of products through an ecosystem. Traditionally, warehousing was a one-way process, bringing goods into a warehouse and then shipping them out again when they were ordered by customers. However, modern warehousing is much more than this. Warehousing has become a strategic business asset, enabling companies to optimize their supply chain and reduce costs by storing goods in a central location for a set period of time. Warehousing is a core part of any supply chain.
Public warehousing can save you money.
Public warehousing can save you money in a number of ways. Firstly, you only pay for what you use. You might not need to use all the space in your warehouse at all times, and likewise a public warehouse may not have enough space for you when demand is low. In fact, if you use a public warehousing provider to store your excess inventory, you might even make extra cash. Public warehousing providers often have large networks of customers who will pay to store their goods in your unused inventory space. You’re also less likely to experience damage or loss of inventory when you use public warehousing because the goods are in a climate-controlled facility.
Public warehousing can help you meet your SLAs.
Public warehousing can help you meet your Service Level Agreements (SLAs) because you can manage your inventory and know exactly when your goods will be available for your customers. You can use a public warehouse to help meet those SLAs by storing your goods there and setting a strict inventory management system to help you know when your goods are ready for customers. Many providers of public warehousing have inventory management software that can help you manage your inventory and track goods as they move in and out of the facility. You can use one of these providers to store goods that you need in a hurry, or to store goods that are seasonal or have short lifecycles. You can also use public warehousing to help you manage goods in one part of the country while you ship goods from another part of the country.
There are many types of public warehousing.
There are many types of public warehousing, so you can find one that best fits your needs. If you have goods that you need to store for long periods of time, you can use cold storage. If you have goods that you need to store for a short time period, you can use warm storage. You can use a cross-dock warehouse if you need to quickly pick up and drop off goods from a centralized location. You can also use a custom-built warehouse if you have specific storage needs. You can use a specialized warehouse if you need to store hazardous materials or goods that are highly sensitive to temperature, humidity, or other environmental factors. If you need to store perishable goods, you can use a refrigerated warehouse. If you’re storing goods that are sensitive to light, you can use a dark warehouse.
Public Warehousing is a strategic business asset.
Public warehousing is a strategic business asset because it can reduce your inventory costs, increase your inventory accuracy, and increase your sales by enabling faster delivery times. It can also help you manage your cash flow better by giving you more time to pay your suppliers. In addition, it can help you reduce your freight costs by enabling you to consolidate your shipments and ship larger loads. It can also help you manage your supply chain risks and reduce your costs by enabling you to store goods on behalf of your suppliers. You can use public warehousing to store materials you’ve purchased from suppliers who can’t meet your delivery schedules. This gives you the flexibility to buy from a wider range of suppliers.
Public warehousing is more than just a place to store goods. It’s a strategic business asset that helps companies optimize their supply chains to reduce costs and risks. This includes saving money on storage costs and freight expenses, as well as reducing the risks of having too much or too little inventory at any one time. If you’re an importer or a wholesaler, using public warehousing can help you meet your SLAs, improve inventory accuracy, and increase your sales. If you’re a manufacturer, using public warehousing can help you manage your cash flow, inventory costs, and supply chain risks.
ProConnect Integrated Logistics – Your Freight Forwarding Partner
There are many freight brokers in the industry, you need to choose the right partner for your shipment. Your shipment is valuable, and we ensure we treat it like ours. ProConnect Integrated Logistics gets its expertise, experience, and value from working with its group company – Redington. Over the years, ProConnect has established itself as a preferred freight forwarder and logistics partner for many companies in the UAE and Saudi Arabia, catering to a variety of industries.
If you are looking for a partner to take care of all your logistics hassles, talk to us