The current market record states that the Warehouse for rent has observed an increase rate of more than 70% on year between April 2018 and July 2020. This progress in demand can be approved to many factors like phenomenal increase rate of tech startups, make in India initiatives, technology upgrading but E-commerce and GST applications have by far the biggest impact. While the Goods and Services Tax (GST) has bought consistency to the tax regime and simplified the logistics service providers activities, expanding E-commerce has raised the need for effective and faster delivery. But without the corresponding growth in supply chain (The present reports offer that the demand has increased supply by over a million sq feet), the renting cost may rise eventually.
To counter the less supply and high cost situation On Demand Third Party Warehouse Company is turning out to be an efficient practice. In the traditional warehouse renting practices where a company has to pay a spontaneous high rent, where as in On Demand warehousing it has to pay only for the space and time utilized. This offers opportunity for the companies to grow their inventory levels and E-commerce fulfillment services in-line with buyers demand, helping them to reduce on their storage cost significantly.
There is not a shred of doubt that On Demand Warehousing best suits for Startups and SMSE’s as they generally ineffectiveness the resources and the proficiency in inventory management company and linking with a 3PL Warehouse, offering On Demand services, assist them become more efficient in their services at lower cost. However, all these services can be of same use, if not more, to the Multi National Company (MNC’s) as it can show their short term needs during the time of seasonal variation, new product launches and changes in last minutes.
On Demand Warehousing is for:
1. A Business which requirements effective scale up of supply chain in-line with buyers demand.
2. A Business which has limited facility to rapidly process orders and manage inventory.
3. A Business with last minute warehouse inventory management and seasonal variation.
4. A business which has distinct budget for Warehouses Management Services.
Sumpap Logistics is a leading Warehouse Company in Delhi. It works as the management layer which oversees activities of multiple 3PL warehousing and logistics or 4PL warehousing and logistics with whom an organization is, or will get linked with. Sumpap Logistics operates logistics and warehouse service providers assessments and audits on behalf of its clients and supplies them with recommendations and directions related to their Supply Chain Management. In other words, we link all types of resources or resource offers with respect to different attributes of the third party warehouse management, supply chain, and synchronize their activities through IT systems.
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