What Makes Shared Warehouses a Perfect Logistics Solution

 

The modern supply chain and logistics industry is constantly adjusting to the current demands and strategies. With e-commerce playing a huge role, these businesses are embracing innovative ideas to overcome fluctuating inventory levels and meet customers’ demands. As of now, conventional warehousing has served greatly.

But with revolutionary changes happening in these industries, businesses need something more individualised. Plus, traditional warehouses have limited scalability and flexibility because of fixed storage and manual work. While modular warehouses can offer plenty of advantages, the cost involved might be huge for a startup.

So, how about renting a shared warehouse? This post gives you a better understanding of shared warehouses in a nutshell.

The Concept of a Shared Warehouse

Also referred to as a multi-client or public warehouse, a shared warehouse offers a campus-like environment. Here, multiple companies share resources and use the distribution facility. Things that tenants can share are the following:

• Labour 
• Capital equipment 
• WMS or warehouse management systems
• Technologies
• Material handling equipment
• IT infrastructure expenses and more 

This type of warehouse offers an adaptable solution to businesses. You may find it in a shorter contract term between 1 and 3 years. The third-party logistics might own and manage the facility.

Since labourers are shared in these warehouses, it becomes beneficial for businesses to increase the order volume during peak seasons. 

Top Advantages of Renting a Shared Warehouse Space

Are you planning to lease one such industrial space in Kolkata? You can find this warehousing solution in areas like Raghudebpur, Uluberia, and Ranihati. The following are the top benefits of renting a shared warehouse:

Unmatched Security Services

Imagine buying or renting a warehouse where only your business operates. In such instances, you need to invest a lot of cash in security. On the contrary, various businesses operate in shared warehouses. So, you don’t have to individually think of implementing multi-layer security services.

The company that offers these warehousing solutions already offers security services with advanced cameras, IT infrastructures, and round-the-clock security services. 

Immense Flexibility

A shared warehouse is a great solution that helps you scale the business. Working in a shared environment offers flexibility that any dedicated warehouse can’t match. Once you start working in a shared warehouse, you will easily be able to adjust the storage requirements.

That will vary in accordance with the business growth or changes. You may rent extra space or reduce it as per your requirements. That’s the best part of working in a shared warehouse space.

Saves You in the Long Run

Cost is a huge factor when it comes to renting a shared warehouse. And shared warehouses are less expensive than dedicated spaces. You can rent the shared warehouse space instead of leasing the whole warehouse. In addition, shared warehouses are used by various businesses. That’s why they are affordable. 

With the shared warehouse, the expense might be spread equally across all the companies using that facility. Different clients share this space, so they use labour and capital equipment. So, most costs become variable, and they move with the activity and volume levels of the business at a particular time. 

Location 

Usually, shared warehouses are situated in the prime destinations of Tier-1 or Tier-2 cities. That makes it extremely beneficial for businesses, especially the ones that need to operate close to the metropolitan areas. So, businesses can save a lot of transportation costs required for speedy delivery.

These spaces are more accessible than the dedicated spaces as they are located in industrial parks or areas with excellent transportation connections. So, are you seeking the best industrial space solutions? You can find your desired shared warehouse space in the industrial parks. 

Access to Luxury Amenities 

Co-warehousing is gradually changing the way warehouses used to look and operate. These warehouses offer luxury amenities, much like co-working office spaces. You can have access to shared logistics tools. Functional shared spaces are allocated for individual tenants. 

These spaces have luxury amenities that every business can access. With the use of these amenities, a business can improve its employee experience. They can diversify the process of how tenants use the space. 

Who Should Use a Shared Warehouse Space?

A shared warehouse or co-warehousing is effective for multiple companies and individuals who manage physical goods. Anyone who’s closely associated with sending or receiving shipments of physical goods can opt for co-warehousing services. That includes the following types of businesses:

• eCommerce companies
• Small business owners have retail distribution
• Distributors
• Manufacturing and construction companies

Share warehousing solutions can be beneficial for small e-commerce companies that are in a high-growth stage. Also, businesses looking to scale their operations exponentially can seek co-warehousing.

Final Thoughts

Co-warehousing can be the future of the logistics industry. A shared space lets businesses of all sizes adapt to the ever-changing supply chain challenges. So, it can be stated that the shared warehousing solution is set to revolutionise the way warehouses are used and leased.