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| image source: www.durasteel.net |
In
starting up own business, there are several things to consider to become
successful. Aside from the usual things needed like capital, manpower and
business strategies, how you are able to take care of the resources you have is
also important. Have you ever considered a warehouse
for rent or have thought of building one for your own? Well, both will do
depending on the situation you have at hand. However, warehousing affects not
only the your own business but the whole commercial industry.
Warehousing
is basically means storing goods until the time that they will be released to
the market for consumption. It may be considered as a measure a business owners
could do, but it as well acts as a balancing instrument between producers and
consumers.
Let’s see how renting a warehouse
plays its role in the supply and demand chain:
Price
Equilibrium
More than
just being a mere storage of goods, warehouse for rent balances the goods’
prices within specific period of time. In a country like Philippines where
typhoons pay us visits yearly, production of fresh goods and raw materials
becomes uncertain. Farmers have good harvest for several months and then lose
them all to typhoons. Generally, production is affected by uncertain weather.
So, what do you think will happen whenever there is no harvest? Supply will
decrease while the demand (according to the population) will remain the same or
will increase. This is why there are warehouses for rent to store goods and
products in; to balance the prices whenever supply decreases. If there is
nothing stored and saved for scenarios like this, there is more likely a bigger
possibility that we’ll end up importing products from other countries (which
really happens) and suffer inflation.
Inventory
Boxing,
unboxing, categorizing, alphabetizing, arranging by expiration—inventory is
confusing. Picture a reseller who had bought fresh goods from the farm and
directly sold it to the market without sorting the raw from the ripe? He’s
going to need to end the day with all the stocks sold else, everything left
will end up as loses. But, what if he had rented a warehouse and gave some time
to do inventory? It could be easier. Keeping a record of everything you have
(resources and expenses) is important for you to determine whether you’re
gaining or losing with your business.
Product
Safety
Warehouses
are specifically made for storing raw materials and even finished products. In
that sense, there is an assurance that the products will remain in good
quality. The contract for a warehouse for rent is also an assurance for the
business owners that their goods will be taken of good care of. The logistics
company handling the warehousing of the products will also be able to track
shipping. Keeping a record helps a business cycle run smoothly, and product
safety builds a company’s name.
A
warehouse, rent or owned, helps not only one business but improves a lot of
aspects in the community. It stands only at one side of the cycle, but there
are great things in store for you with warehouses, you just have to know how to
make use of the facilities optimally.
For
warehouse and truck for lease, you can visit: Safehouse
Storage Philippines
