Three Factors to Consider When Choosing a Warehouse Partner

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Three Factors to Consider When Choosing a Warehouse Partner

Posted By Digital Warehousing     March 2, 2021    

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A large part of your business success depends on it. So, it shouldn’t be a careless decision.

When choosing a warehouse partner, a whole lot of factors must be realized and addressed before making any commitment.

If you’re looking for a warehouse partner, among others, consider these three important factors:

1. Inventory space

This is quite an obvious this to attend but it’s worth mentioning given so many business owners still assume warehouses to be a ‘holding’ space. In reality, this particular department is the key driver of your business.

Is this space enough? This is the first question to answer of course. Furthermore, you must also heed to the facilities/benefits you’re getting (or not) with this space, from your warehouse partner.

2. Growth rate

Scale up? Can this space – and can this warehouse partner – keep up with the growth rate of your business? Can it meet your growing warehousing needs and demands?
Remember, migrating from one warehouse to another one is a big and tedious task.

Plus, having two separate small spaces could be a costlier option as opposed to having one large warehouse space.
 
So, understand your business growth rate and how it will change your warehousing needs in the subsequent years. Choose a warehouse partner that fits well with these growing needs.

3. Supply chain integration

Having a good warehouse alone won’t do anything. The supply chain is a connection of so many things working together. So, how does this warehouse partner blends with this “connection”? Is its location good from the manufacturers and your target audience? Does it have the facilities that promote efficient inventory management, staffing, shipping, distribution, and other aspects of the supply chain?

In short, the warehouse partner must add value to your supply chain, making it more efficient and cost-effective in any way possible.

These are three factors, among many, that you should ideally consider when choosing a warehouse partner. Pick someone that understands your unique needs and can enable your scalability. Basis on above, this digital warehouse solution company can help you in finding storage spaces in Delhi, storage spaces in Mumbai or warehouses in any other location across India.

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