Today, the top warehousing companies in India are understanding the importance of fulfillment solutions for their business by considering their global scalability. This solution provider offers end-to-end fulfillment solutions where it stores the inventory as well as packs and ships the product while receiving the order.
In this blog, we are providing details over of Warehousing services in India.
What Is Warehousing?
Warehousing is a place where physical goods are stored before selling them to the end consumers. It keeps the product safe and secure, and organized. It also enables you to keep a track of the items, like when they arrive at the warehouse, the time they will stay in the warehouse, and the quantity left in it.
Logistics companies in india play a crucial role in the eCommerce business. The product is placed in the warehouse until the order is placed.
Need For Warehousing Services In India
Warehousing services in India is essential because:
- Some products are manufactured and sold only during a particular season. In such a situation, organizations look for top warehousing companies in india to store them and ensure that they are available during the off-season also.
- Necessary goods are stored in warehouses by the government. Doing so, they tend to control the supply in the market. Warehousing plays a crucial role in price stabilization.
- With the help of warehousing, you can meet the demand of your customers quickly and efficiently.
- Companies with bulk supply and hefty productions opt for these services.
- Another such requirement that shows the importance of warehousing is bulk breaking. Usually, goods are imported from one country to another in bulk. Since the practice was performed by a trade agent, he stores it in the warehouse and supplies it only to those who want the product in a smaller quantity.
Functions Of Warehousing
The functions of warehousing are:
Storing Of Goods
The first and primary function of warehousing is storing goods. The goods are manufactured in the factory and stored in a warehouse until they are demanded by the consumer or brought by the buyers.
Risk Bearing
Warehouses bear some risks when they store the goods. It takes the responsibility of keeping the goods safe and secure from theft, loss, damage, or even fire. It is the duty of the warehouse keeper to take all the necessary precautions to prevent mishaps.
Processing
Some products are not consumed in the way they are manufactured. They have to be processed further to make them usable. So, warehouses undertake these services on behalf of the business.
Grading and Branding
Warehouses provide grading and branding services to the organization. They offer them the facilities of mixing, branding, and packaging products to handle and sell them conveniently.
Financing
When the goods are kept in the warehouse, the business unit receives the receipt concerning its deposit. The warehouse keeper issues a document on the name of the owner of the goods, which is considered proof of the products kept in the warehouse.
Protection Of Goods
Once your goods are stored in a warehouse, it is protected from loss and damage from dust, dirt, heat, wind, and moisture. It also adjusts its surrounding concerning the nature of a particular product. This way, the cost incurred on the loss or spoilage of goods is cut down significantly.
Transportation
Some logistics companies in India offer transportation facilities to bulk depositors. They even collect goods from the manufacturing place and send products to the delivery place.
Time And Place Utility
Warehouse produces time and place utility by storing goods until they are demanded and producing the goods at the place where they are needed.
Price Stabilization
Warehousing is crucial in terms of price stabilization. It reduces significant fluctuations in costs by storing the goods when the supply outpaces demand. It stores a large stock of goods so that it can immediately be provided in the market at the time of deficiencies. This way, the increase in demand helps you in avoiding prices.
Conclusion
Warehousing is necessary for storing and protecting your inventory. When you cannot afford to maintain a warehouse, you can consider top warehouses to store, ship, and package your product conveniently and seamlessly.