For any business that manufactures, exports, imports, or transports goods, warehousing is an important requirement in order to ensure the supply chain is strong and efficient. Warehousing gives you better control over your inventory and ensures products reach the end customer on time – saving you money and boosting your productivity, resulting in increased profits.
Inventory Management for Warehousing
1 out of 3 businesses will miss a shipment deadline because they’ve sold an item that wasn’t actually in stock. Selling an item that is not in stock to a customer can add unnecessary difficulty to your logistics system and create a poor customer experience overall.
Warehouse management and storage provides a centralized location for your products. By having all of your goods in a central location, it will be much easier to track and manage inventory.
Being able to store, ship, and distribute products more efficiently is one of the many reasons why investing in a warehousing and distribution solution will make your business more profitable in the long run.
Packing and Processing Efficiency
Warehouses will have equipment and supplies that help store, move, package, and process orders readily available, reducing the amount of processing time from when a customer places an order to when it reaches their door.
By having a centralized shipping system, you can expect consistent packing and fulfillment times, for less than it would cost to arrange for pickup and hire employees to manage fulfillment.
Faster Delivery Means Better Customer Service
73.6% of consumers reported delivery is the most important part of the overall shopping experience. On top of that, 52% of shoppers prioritize guaranteed delivery dates over free shipping.
Consumers now, more than ever, place fast, consistent delivery times over most other parts of the ecommerce shopping experience. More than half of all shoppers are willing to pay for faster, guaranteed delivery, than have slower, free delivery. In fact, 76% of consumers say having multiple fulfillment options influences their purchasing decisions.
Warehousing allows for timely delivery and optimized distribution of your products. Consistency in handling can also help reduce errors and damage in the fulfillment process.
On top of all this, having less people involved with the shipping and fulfillment process can help prevent your goods from getting lost or stolen during handling.
Investing in a strong warehousing, order fulfillment, and shipping solution will help win over consumers and build your image as a customer-centric brand.
Improved Risk Management
Warehousing can protect your business from many of the risks associated with managing and shipping goods – especially goods that are temperature sensitive. Having a temperature-controlled warehouse can help keep those sensitive products safe.
Along with a warehouse that’s set up to handle sensitive products, having a ground shipping solution with refrigerated trucks can also help ensure safe delivery of temperature sensitive goods.
Why Warehousing is Right For Your Business
At the end of the day, if you are a business that holds and manages inventory, you can benefit from warehousing and warehouse management solutions from experienced professionals. To learn more about how Cargo Partners can help your supply chain, get in touch with us today.