“Shared Warehousing” or “Public Warehousing” is a single warehouse that supports multiple businesses by renting or leasing them temporary storage space on either a short or long-term basis (month-to-month in some cases). A company offering shared warehousing facilities also offers other valued services such as inventory management and distribution management.
Benefits of shared warehousing:
· Zero capital investment required to upgrade or maintain the warehouse
· Offers flexibility of expanding your business to a new territory or geographic location
· No property tax liabilities with shared warehousing space for the tenants
· Reduced transportation cost and delivery time
· You only pay for the space you use
· Reduced shipping costs and delivery time
Disadvantages of shared warehousing:
· No scope for establishing long term business relationships
· Not beneficial for companies with complex supply chain needs
· Lack of communication
· Warehouse tenants have no complete control over their products, as the warehouse management is handled by the third party (owner of the warehouse)
How modern technology is helping companies stay competitive?
The adoption of digital technology trends in Inventory management has automated supply chain operations, enabling the companies to boost productivity and enhance customer satisfaction.
· Mobile apps are being used to generate notifications and inventory updates. This helps in replenishing your inventory with the right products and at the right time to avoid over purchasing.
· Bar-code technology is helping companies manage inventory more efficiently.
· Managing inventory at multiple locations is easy with mobile apps and real time data
· Customers can directly track their order with great accuracy
We at ANYSPAZE have 1000+ dedicated and shared warehouse facilities at different locations to choose from. We promise you the flexibility of working as per your requirements so that you only have to pay for the space used. We have a complete understanding that every company has different requirements when it comes to renting or leasing a warehouse, therefore, our professionals work closely with you to gather more information and find the best warehouse solution at your desired location anywhere in India.
We offer complete warehousing solutions from inventory management to distribution management and order fulfillment processing, ensuring timely delivery of goods at the right time and at the right destination.
