Strategic Warehousing
Strategic warehousing is the complete process of managing your transportation spending, organizing warehouse space, and efficiently fulfilling customer orders. It is a complex logistics process involving specialized teams, equipment, technologies, and safety measures.
However, optimizing all these aspects can be challenging and time-consuming. By outsourcing your warehousing processes to a 3PL partner, you can transform some direct costs into variable costs.
With our strategic warehousing solutions, you won’t have to invest in warehouse facilities, equipment, warehouse systems and technologies, employees, and safety measures. We handle all of that for you
- A warehouse provider prepares and ships your company’s order. The product looks like it comes directly from your company. However, the people who organize & ship the product are employees of the logistics partner.
- It’s cost effective: When fulfilling your orders, a strategic warehousing provider charges you only when they touch something, meaning they charge you every time they go to a shelf and grab a product to put into a box (often called a cost per unit) but nothing else.
- Open book pricing: Some warehouse providers will also offer “cost plus” or “open book” pricing, which means they take their costs and add a margin to the amount you pay. They often do this when the scope of work is unclear, and it’s hard to gauge what their costs will be.
- Domestic teams across multiple accounts. The operations manager on your account may be working on several reports, so you only pay for a portion of their salary. Similarly, the cost of a forklift lease or software might be shared across multiple accounts.
Last Mile Logistics has hundreds of domestic warehouse partners around the country who can handle your inventory.
- Inventory management and organization
- Industry specialization
- Access to new advanced technology
- Access to required facility & equipment requirements
- Ability to handle large number of clients at a time and share in the expenses
- Expand & contract space & labor requirements
- Drive Cost Savings
- Access to Expertise and Experience
- Focus on Core Competencies
- Gain Flexibility and Scalability
- Enable Business Growth and Market Expansion
- Improve Customer Satisfaction
Inventory management and control play a crucial role in strategic warehousing by ensuring optimal stock levels, reducing carrying costs, and preventing stockouts or overstock situations.
Strategic warehousing adapts to fluctuations in demand, seasonality, or market trends by employing flexible storage solutions, dynamic routing and scheduling, and the ability to quickly scale operations up or down as needed.
- High initial costs.
- The need for efficient coordination.
- The risk of underestimating market changes.
- Finding the right balance between cost and service is challenging.
- Make sure that the company ships compatible products.
- Select a company that has the necessary systems & technology.
- Ensure 24/7 visibility, an established record regarding the chain of custody, & can provide up-to-date freight status from a single source.
- Look for a proven track record with scanning, tracking & tracing, reporting, web interface, and written SOPs by customers.
- Partner with a company that is available 24 / 7 X 365 days a year.
Last Mile Logistics can be a trusted logistics partner for your company. With our resources, expertise, and experience, you can scale up, providing market expansion while keeping your customers happy.
Forward stocking is a strategy of placing inventory or stock in warehouses or distribution centers located closer to the end customers or consumption points. This tactic helps reduce delivery times and costs by pre-positioning goods in locations with expected high demand. The primary objective of this method is to ensure fast fulfillment and customer satisfaction.
- Reduced lead times for product delivery
- Enhanced customer service through quicker order fulfillment
- Lower transportation costs by minimizing long-distance shipments
- Improved inventory management by strategically positioning stock to meet localized demand fluctuations or seasonal variations
Read more about Strategic Warehousing:
8 ways Strategic Warehousing increases profits
Strategic warehousing is a complex logistics process involving specialized teams, equipment, technologies, and safety measures.
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Effective Logistics Flows May Determine Your Business’s Competitiveness
Every element of the logistical process is key to speeding up operations and enhancing customer satisfaction.
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Do you need to store your goods and send them fast to the final destination? At Last Mile Logistics, we implement innovative technology to keep your inventory safe and deliver them quickly with expedited shipping.
135+
135+
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