7 Things to Consider When Choosing a Warehouse Facility
Warehouses are essential for storing goods in bulk. They're also used by businesses that sell products online, so they must be well equipped to handle large shipments.
While it's not the sexiest of subjects, warehousing affects everything from sourcing raw materials and, efficiently managing inventory, to getting orders delivered to customers on time.
If you are a small or new business, warehousing your inventory may be done from home until you outgrow the space. At that point, you will have to rent storage space, lease a warehouse, or outsource logistics to a third-party and store inventory in their warehousing facilities.
In e-commerce warehousing, products are stored until an order is placed online, which triggers the order to be shipped directly to the consumer from the warehouse facility. In retail stores, inventory may be temporarily stored in a warehouse before it's shipped to a brick and mortar store.
So, what factors come into play while choosing a warehousing facility?
Location. If you plan to use a warehouse as part of your business, consider where you will store your inventory. You'll want to choose a location that's close to your customers, has easy access to major roads, and is near other businesses that might help you out. The best warehouses are located in areas with high traffic volume, such as retail centers, airports, and train stations. These locations offer plenty of foot traffic, which means your products will be seen by potential buyers. In addition, if you're planning to sell online, having a warehouse nearby makes shipping easier.
Security. It means that your goods are safe while stored at the warehouse. This includes things like fire safety, theft prevention, and protection against natural disasters. The warehouse is where you store your inventory until you decide what to sell. You can choose to rent space from a company that specializes in storage facilities, or you can build your own warehouse. If you want to build your own warehouse, you should know that there are many different types of warehouses available. There are industrial warehouses, which are large buildings used for storing raw materials; distribution centers, which are used for storing finished products; and retail warehouses, which are smaller than distribution centers and are used for storing items sold directly to consumers.
Insurance. You will also need insurance to protect yourself and your property. If something happens to your inventory, you will need to pay for repairs and replacement costs. The warehouse is one of the most important parts of your business. Without a proper
storage space, you won't be able to store your products properly. In addition, if there's a fire or other disaster at your warehouse, you'll need to replace damaged goods quickly.
Accessibility. It’s important to consider accessibility when choosing a warehouse facility. Is there enough space for your employees to work comfortably? Are there ramps or elevators available? Do you have access to restrooms? The first thing you should look at when selecting a warehouse facility is whether or not it has adequate parking spaces. If you plan on having a large number of vehicles parked outside during business hours, you’ll want to ensure that there are plenty of spots available. You’ll also want to be sure that there are ample loading docks and that the building itself is accessible.
To sum it up, these tips should help you find a warehousing facility for your goods.