Warehousing Services: What They Have On Offer For Clients
by Divya S. Content WriterToday warehousing is just not restricted to storage. Its functions have
become much more complex and varied. This has resulted in clients actively
seeking out their services because:
·
They are able to bring down
the establishment costs and the overheads to a great extent,
·
They do the work with much
more efficiency by employing modern technological advances and more manpower
and
·
They are able to provide
much more storage space at a lower cost than it would have been for a company
to maintain.
Work of warehousing
companies
The work of the Warehousing Companies in India has
become multi-faceted and they have become extremely efficient in being able to:
·
Satisfy the demands of
multiple customers at the same time,
·
Efficiently manage all the
complexities and aspects of the supply chain and
·
Deal expertly with cost
factors especially those that are volatile.
Thus the use of third party logistics has enabled companies to do away
with a whole lot of hassles involved in warehousing. In fact these companies
also do not have to take the onus of ensuring that the inventory is safe since
it becomes the duty of the warehousing company to ensure their safety and that
there are no shortcomings in stock keeping. In fact irrespective of seasonal
swings from high demand to low, the warehouse staff performs with equal
alacrity thereby preventing accumulation of stock and keeping strict control
over the inventory maintained.
Services offered by
warehouses
Warehouses offer a number of services to their clients and clients can
take advantage of one or more services as per the needs and demands of their
businesses. The most important and prominent Warehouse Services
include:
·
Storage facilities: The storage facilities
offered by warehouses are generally of two types depending on the period of
storage. They are:
o
Short term wherein the
inventories need to be stored for only a few days before being delivered to the
respective places and
o
Long term wherein
warehousing and logistics management are required for more than a few days.
Herein the inventory needs to be kept on hold for months and years before it is
removed from their inventory and delivered to the customer.
Most FMCG products thus require short-term warehousing while others
require long term warehousing. In order to ensure that the materials remain
safe within the confines of the warehouse, it needs to be:
o
Humidity and temperature-controlled,
o
Equipped with a running
sprinkler system and
o
Monitored 24 by 7 to ensure
that equipment and other storage goods kept in their custody are safe and
secure.
·
Fulfilment services: Warehouses also function as
fulfilment centres today. Thus they are so equipped that they are able to:
o
Satisfy customer
expectations with regards to item delivery,
o
Reduce shipping costs for
companies,
o
Bring down in-transit times
and
o
Ensure the items delivered
are packed properly and free from any damage etc.
·
Cross-docking: This operation particularly
reduces the time in transit for materials since goods, products and equipment
brought in by a truck or a railroad car is directly loaded onto outbound
trailers, trucks or even railroad cars for their further shipment or delivery.
This facility helps companies to cut down on transportation and storage costs
as well while at the same time reducing delivery time.
·
Transloading: This deals with some heavy-duty
unloading of containers or trailers from one mode of transport and uploading
them to another mode of transport. This process is able to ensure that the:
o
Cargo remains safe and
secure,
o
Helps to provide more
flexibility,
o
Bring about a reduction in
costs and
o
Also, save time.
·
Shuttle services: This deals with
transporting finished products from the manufacturing unit to the warehouses
for storage until further instructions. These services provided by warehouses
actually helps to bring down the transportation cost of the manufacturing units
since they neither have to keep a fleet of trucks nor look after their regular
and frequent maintenance.
Thus warehousing has undergone a sea-change today. They have become
important contributors to the Indian economy and have spawned an industry which
is profitable and conducive to customer satisfaction.
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Created on Oct 7th 2019 02:07. Viewed 384 times.