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 the building and operations at all times. The benefits of shared warehousing definitely exceed the drawbacks in the right situation.
- When you share warehouse space, you only need to pay for the space you occupy.
- You have the immediate flexibility to manage peak demand.
- Access warehouse and inventory management systems through the 3PL (Third-Party Logistics) WMS (Warehouse Management System).
Resources like 24/7 security, cameras, WMS software, building maintenance, and more.
- 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.