Enhance Your Business Through Multiple Warehousing
Understanding your customers’ geographical whereabouts and order frequency is your reference point to track growth. If you are still managing all your inventories from a single location, chances are you might lose your customer base and experience plummeting growth in future.
When your business scale expands by crossing geographical barriers, it is necessary to upgrade your storage facility to multiple locations. Customers are more likely to search for options and services near them. Here comes the necessity of maintaining a multiple-warehouse system.
Here are some benefits of multi-warehousing you must flip through to know how timely partnership with 3PL providers can help you track inventory management and be a local competitor:
Manage Shipping Cost
Reducing the delivery charge is necessary to hook potential customers. A local inventory storage centre helps you tackle the issue of shipping charges. Moreover, it will help you reduce delivery time. You should convince your customers that what you are providing is affordable and beneficial compared to the traditional market.
No Transportation Issues and Tax Regulations
Stopping at every check post and paying taxes may ruin your profit margin. Moreover, the tax amount varies according to the nature of the product. If you are shipping large furniture items, electronic devices or glass items, extra packaging and controlled transportation are needed. And there are all the possibilities to find some tear and wear on the product when it finally reaches the doorstep forcing your customers to leave a negative review.
What if you have owned multiple warehouses in different parts of the country? Things would have been easy and smooth.
Helps in Sustaining Business During Pandemic Times
If you own multiple warehouses in different locations, supply management could be made more effective. If such risks come in the future, managing delivery inside the local market could be enhanced by managing multiple warehouses in different localities.
Reduces Product Shortages and Inventory Risks
Multiple warehouses help you sustain a continuous flow of goods without inflicting any hindrance in the supply unit. Additional stocks will be available in any of the warehouses situated across the country. This will help you reduce unprecedented shortages.
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Let’s see how this functions in real. You have multiple warehouses across South India. Your headquarters is located in Delhi. If any of your warehouses in the south undergo product shortage, they can be easily restocked if you have neighbouring warehouses.
You can Provide Customers Access to Curbside Pickup and Warehouse Visits
Local warehouses help customers choose a curbside pickup option. If your work demands constant mobility, you might not be able to wait for the delivery person. In such cases, customers can choose the curb-side pick option.
In addition, clients interested in your products and retailers can pay a visit to your warehouse if you run a local warehouse. This improves the reliability and transparency of your business.
Scope for New Market Strategy
If you are close to your customers, you can provide them with offers and discounts. Give them one-day delivery or sales discount on bulk orders or frequent orders. This will help you stand out from local competitors.
If you want to fulfil the urgent needs of customers, you need to stay close to them. They will definitely choose and recommend your service when they think about their next purchase.
Partnering with a certified 3PL provider is always good to balance your business activities. From multiple warehousing to timely distribution, 3PL providers will take your brand to the nooks and crannies.
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
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Truck Driver at Ngong Veg Ltd
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