Inventory is the most important aspect of any business, in fact it’s often the biggest investment and managing it effectively is the difference between success and failure. Choosing a warehousing and logistics partner to protect those assets is one of the most important choices that can be made for a business.
There are important things to keep in mind when selecting a warehouse, keep them in mind when making a decision:
Location is everything.
Choose a warehouse that is central for business operations and can focus in on the regions that are close to the customers your business serves. A warehouse that is close proximity to the desired customer base allows for quick delivery and reduced shipping costs. This keeps prices low for the customer and increases the quality of their experience.
Along with proximity to the desired customer, consider the distance to a wide variety of carrier services. Is the warehouse close to major highways? An airport? Finding a location is a delicate balance between serving the customer base and being close to manufacturers.
What do you need?
Certain products need to be stored with particular specifications. Not all warehouses are suitable for every type of stock. Mention these specifications as soon as possible so that accomodations can be made. Plan ahead and make sure that you don’t select a warehouse that can’t grow with your business.
Longevity is important.
How long has your warehousing and logistics partner been in business and are they able to accommodate growth? Assess the current position of your business and make some assumptions about how this particular warehouse will accommodate those needs moving forward. Plan for longevity in that space and pick a warehousing solution that has the same goals in mind.
While cost is important, it isn’t the only factor when determining what warehouse is right for your business. Remember, a warehousing and logistics partner has the ability to help you deliver and fulfill on the most important aspects of your business. Be critical and evaluate every part of any proposed warehousing solutions.
Still have questions? CRWS provides solutions like inventory management, pick and pack fulfillment, container de-stuffing, and distribution. Click here to request a quote or contact us directly for more information.
For more content like this and other information from our industry, check us out on Facebook by clicking here.