Small business owners often face challenges in finding accommodations for their businesses, particularly due to their size and overall buying power. They often feel like they can’t compete with the big names in the industry. The same goes for warehousing options for small businesses. They often feel like there are no options available because warehousing inventory is for larger and currently growing companies. But, what if we told you, there are small business warehousing options available?
In this article, Overflo is here to break down small business warehousing options, how to choose the right option for you, and other important aspects of small business warehousing.
What are the Benefits of Using a Warehousing Option for Small Businesses?
Okay, so you may have deemed warehousing as a necessary move you have to make, but how does it benefit a small business?
For small business owners, the decision to outsource warehousing services is an important one. Fortunately, small business warehousing options are widely available through third-party logistics (3PL) providers. These providers offer a variety of benefits, such as improved inventory performance, reduced shipping costs, and better customer service. With 3PL services, small businesses can simplify their operations, increase productivity and gain better control of their supply chains – allowing them to focus on their core competencies rather than on managing logistical functions. By using small business warehousing and 3PL services, companies can reduce the amount of time it takes to move goods from one place to another while mitigating risks associated with fulfillment and delivery.
What are the Different Types of Warehousing Options Available to Small Businesses?
The perfect warehousing option for a small business can vary. So, let’s discuss a few of the options you have at your disposal.
Small businesses can select from a variety of warehousing options that meets their needs. Companies may utilize 3PL (Third Party Logistics) companies which provide the small business with storage and delivery services. Some small businesses opt for owning their own warehouse giving them complete responsibility for inventory management, increased security, and improved customer service. If you’re not quite ready to own or rent warehouse space, but simply need a place for excess inventory, a local storage unit or portable storage container may be the right option for you/. Ultimately, small businesses should evaluate all factors when selecting the type of warehousing arrangement to ensure they maximize resources and produce high-quality results. Some of those factors include budget and future goals.
What to keep in Mind when Working with a Warehousing Company or Service?
If you choose to work with a 3PL, there are a few key points to keep in mind when you choose to work with one.
When considering working with a local warehousing company, it’s important to keep in mind a few key points. First, research potential companies to find the best one for your specific needs. Look into their services, capabilities, and customer service history. Next, identify which type of warehouse fits your business. Will you need flexibility and scalability? If so, consider finding a 3PL that manages the inventory on your behalf. Additionally, calculate what volume of materials you’ll need stored, and then be sure to double-check for accuracy against the contract. Finally, discuss any long-term storage plans with your local warehousing company and make sure their rate is competitive with other businesses offering similar services in your area. When done properly, working with a local warehousing company can make an incredible impact on supply chain operations and cut costs significantly over time.
Choosing a 3PL? Choose Overflo!
Overflo is your premier third-party logistics warehouse that services The Mid-Atlantic area. We believe in providing top-quality warehousing services to small businesses that are looking to grow and expand.
Let us help you with your small business warehousing needs, contact us today for a free rate quote!