Blog Information

• Posted By : Daisy Shah
• Posted On : Jun 19, 2021
• Views : 174
• Category : Technology
• Description : On demand warehousing in Mumbai refers to an online marketplace, which lets businesses access warehousing services whenever needed, with no requirement for any long term commitment.
• Location : India

Overview

• On demand warehousing in Mumbai refers to an online marketplace, which lets businesses access warehousing services whenever needed, with no requirement for any long term commitment. Contrary to traditional warehousing, On-demand warehousing involves new business models as well as new operating models. Know about some of the major trends in On-demand Warehousing that you should know about.
  
  

  Scalability
  
  

  This happens to be a rising concern, given that the expectations of customers around order fulfillment are rising with time. Cost and transport delivery are the topmost challenges that are being faced by many retailers out there. The costs related to fulfillment and warehousing are becoming tougher to manage. The expenses involved with renting warehouse space, for instance, have increased a lot in the last few years.
  
  

  Overflow warehousing solutions
  
  

  Overspill warehousing solutions are coming in trend as well, as most businesses dealing with fluctuation in inventory require extra capacity annually, and all through the year. This is the reason why on demand storage space is getting more and more popular.
  
  

  Inventory fluctuation
  
  

  This is becoming more and more difficult to predict and manage. Inventory fluctuation drivers are rising with time, and this has been reported by almost half of the respondents in a survey that has been conducted a while ago.
  
  

  Spare capacity
  
  

  This is another problem that is getting more and more widespread in the industry. Over half of respondents have reported that 10,000 to over 100,000 sq. ft excess warehouse space are available. It is a wasted expense for many businesses.