Tuesday, January 27, 2015

Factors To Consider During Warehouse Leasing

By Janine Hughes


The strategic importance of choosing a warehouse is usually underestimated by many business owners. Indeed, the difference between a good choice of storehouse and a bad one often come down to strategy. Although such storage facilities are usually used just for short term storage facility; to hold extra goods during busy seasons, selecting one that meets your demands is of great importance. Below are factors you need to consider for good warehouse leasing.

Location is a prime factor when choosing business storage facility. Where the facility is located determine how easy it is to receive and distribute good to clients. As such, it is very important that your storehouse be located in a place that is convenient for shipping of goods to various destinations. This means that if you are a smaller trader, it will be advisable to choose a warehouse that is close to your target customers. A good storehouse should also have good transport routes such as railways and motorways based nearby.

When choosing a public warehouse, you should also give room for future expansion. If you are a serious investor, your aim should always be to grow your expansion. In other words, you should not shift warehouses every time your volume increases. Ask your prospective warehouse provider the capacity it can handle at a time and what it will do should you need more space in future. You should also find out value added capabilities that the facility offers, these are services like reverse logistics, kitting and pick and pack. You never know when you will need such services.

Leasing cost is another very important factor. Of course this usually varies from one geographical location to the other and also from one store to the other. As such, it is very important that you compare rates from a number of warehouses before making a choice. At the same time, you need to be skeptical with warehouses whose charges are suspiciously low. This could be a sign that the security status of the surrounding is not good enough.

The premise where you keep your valuables must also be secure. There should be twenty four hour security surveillance to the premise. Apart from this, other features like smoke detectors will also make the place more secure.

In an attempt to woo potential clients, a potential storehouse will always put its best foot forward. As such, it is imperative that you talk to some people who have no vested interest in your selection. Interview past customers of the facility you are considering.

Once you identify that ideal storehouse, you should also insist on written contract. Only unscrupulous providers will be against signing of contracts. As such, you should be very wary with warehouse providers who are not ready to sign contracts. Such are the people who will give you low quotes and increase them later on.

In order to successfully expand your manufacturing business, you should always invest in quality storehouse. You must not settle on a storehouse that will not well with your business. This will definitely time you some time, as such; you must start the search in advance.




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