Using your warehouse for more than just storage

There’s no denying that warehouses are perfect to solve the storage problem. Nothing can ease out the hassles of people with business in logistics than warehouse management.
But in today’s world, warehouses are more than just for storage. The cost-conscious and efficiency-driven approach has made manufacturers reeavaluate warehousing basic definition. Things that can bear a high-speed as well as a highly mechanized, low-labour environment, are being given warehouse custody.

They are also used to eliminate links out of the supply chain and ensure that expenses are kept minimal.

Apart from storage solutions, manufacturers these days are seeking help from warehouse providers to help increase flexibility, control inventory better, cost-cutting and syncing the supply chain. Here are a few examples of how warehouses are being used these days:

Indospace Warehouse

Shared space 
Organisations that get busier in certain seasons or have to conduct quick promotional activities have to deal with several challenges. They hesitate while investing in a space that they can’t keep through the year and changing seasons. That’s why shared space environment is a concept getting traction as it balances with requirements using complementary surges, thereby accommodating peaks and valleys.

A third-party company analyses shippers’ space requirements and is available when peak periods surface. This gives enough room to pair in a company that deals at opposite times of the year. A classic example being a sunscreen manufacturer which is paired with a company with woollen production. The demand for both is different at different times of the year and hence both can share space hassle-free.

To share space, operations are placed at opposing ends of the building and product ebb and flow goes towards the middle. In times of need, additional overflow space is made available by paying a fixed amount. It allows companies to meet maximum requirements and leave room for business growth, without the need for investing in permanent space and equipment.

Finding a facility in an ideal location cuts down transportation costs so responsiveness is at its maximum when it comes to serving customer needs.

Secondary packaging
This is something quite a few manufacturers have decided to follow to improve flexibility for the client to allow and accommodate seasonal changes or delivery delays at the last minute. A number as high as 40% is seen on companies outsourcing some or entire of their secondary packaging, as seen on a report from 2009, which also reported that out of all the benefits, increased flexibility and reduced costs are at the top.

Different reasons lead to this, sometimes a back-to-school type of promotion, or painting a face over cell phone cover, making creatives on aerated drinks, formatting computer disks and updating software etc. Outsourcing secondary packaging gives leeway to manufacturers to meet customer requirements and improve efficiency without leading to overhead increase. It also helps to significantly cut down transportation and labour costs, and also the management costs of te inventory.

Taking aid from third party 
Many logistics parks India, are available to help out as a third party. They are better equipped to the warehouse role and can also help out with facilities like skilled workforce, modern equipment, systematic functioning and better performance.

Cross-docking
This is one of the latest ways that is being opted more and more. It is not only more efficient it’s also cost-friendly. Cross docking involves moving product directly from receiving to shipping without too much handling. Basic agenda of doing this is to reduce supply chain costs, make inventories faster and better service levels.

It’s not a new way because it was mostly used for durable goods, maximum turn rates and cutting down handling, making cross-docking a brilliant solution for perishable products as well as high security good. The pace of delivering products increases in an economic manner and hence you can considerably cut down on managing logistics park India costs.

Traditional as well as pure cross docking has been integrated into the transportation strategies working on consolidation and deconsolidation to improve savings. To take an example, a company might be getting an influx of prodcts daily, shipping out barely twice a week, cutting down transportation spend and making deliveries that cater to end-user requirements.

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