April 8, 2023

4 reasons to outsource warehouse ops

Modern warehouses are play a crucial role as growth partners for manufacturing and export-import sectors, becoming well-aligned to the changing needs of businesses, across the globe.
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It is not a surprise then that the sector, which was valued at ₹1,206.03 billion in 2021, is expected to grow to ₹2,872.10 billion by 2027, expanding at a CAGR of 15% during the 2022-2027 period.
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India’s new logistics policy has laid significant groundwork for crafting a growth path and transforming it into a collaborative and well-organized sector.
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1. Effective use of resources
“Self-managed warehouse operation needs resources that are focused on servicing it exclusively in terms of time, money, personnel, and other extra costs.”
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“Outsourcing operations support allows business owners and internal departments to be focused on the company’s core offering.”
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2. Smooth operations
“Be it food, pharma that require controlled temp or dyes, speciality chemicals which require safe and fragile handling, an expert partner will be able to offer effective and efficient storage solutions.”
“Cross-training, implementation of best practices are benefits. This ensures professional management of storage, retrieval, inventory management, put-away, packaging and other value-added services.”
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3. Better market reach
“In-house warehouses are generally located close to manufacturing and a limited set of geographies. This can limit access to market and delayed supply and lack ability to reach new markets.”
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“Strategically situated warehouses that are professionally managed offer not only faster access to market at a lesser cost but also the flexibility to change storage space, based on demand.”
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4. Access to latest tech-enabled services
“With new innovations in automation, AI and ML crafted for smart warehousing, access to tech-first storage facilities has become vital for effective market reach and efficient operations.”
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“The technologies offer real-time inventory updates, a dashboard for live information, expert handling and transportation of goods, and round-the-clock monitoring, among other advantages.”
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