Since the start of the COVID-19 pandemic, warehousing has continued to gain popularity across the country. Learn more about what warehousing is and why it has such an appeal to business owners of all industries.
Warehousing is the temporary storage of commercial goods. Storing goods in a third-party warehouse allows businesses more room to operate in their own facilities, often allowing them to have a higher capacity for the business they’re able to conduct. Warehousing is often the most convenient option for businesses who want to unload some cargo that is ready for sale or shipment but the sale has not yet occurred or shipment details have not been finalized.
Why is Warehousing Gaining Popularity?
During the pandemic, many e-commerce businesses saw their busiest months to date, up 37% in Q3 2020 compared to the previous year, forcing them to find additional resources to help them keep up with demand. Warehousing is the solution many businesses turned to, allowing them to purchase or produce more product without having a strict limit on how much they can store. Warehousing opened up the capabilities of many businesses, allowing them to grow and expand and meet the unprecedented demand. This boom has been beneficial to both the businesses looking to meet demand as well as the warehousing service industry, whose market has been blown wide open with opportunity.
How to Choose a Warehousing Company
Choosing the right warehouse for your cargo can be challenging but it doesn’t have to be. Always start by thinking about what your needs are: does your cargo need to be climate controlled? How much space do you need? What is the ideal distance between your business and the warehouse? What is your budget? Does this warehousing company have additional services that may make your warehousing contract even more convenient? Be sure to ask these questions to make sure you are aligned on the “must-have” aspects of your desired warehousing services.