Do you need a warehousing
solution where you can store your products, and require specialized fulfillment and inventory requirements while minimizing your spending?
Consider shared warehousing— one that a third party manages to service your company and many others in one warehouse.
With dedicated warehousing, you either own or rent the location; but in either scenario, you are on your own to operate the facility and cover the costs of t
he building and operations at all times. The benefits of shared warehousing definitely exceed the drawbacks in the right situation.
For example:
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When you share warehouse space, you only need to pay for the space you occupy.
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You have the immediate flexibility to manage peak demand.
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Access warehouse and inventory management systems through the 3PL (Third-Party Logistics) WMS (Warehouse Management System).
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Resources like 24/7 security, cameras, WMS software, building maintenance, and more.
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A third-party logistics provider has employees that are exposed to different products, as well as knowledge and experience with niche industries.
The bottom line is this: having a tactical and more strategic relationship with your 3PL will prove more cost-effective and allow you to focus on your core business.