5 Warehousing Tips To Get Your Business Online
Setting up a warehouse for your online business is a big deal. There's a lot to do, and you need to do it right. It doesn't matter whether you're a drop-shipping retailer or you run your own warehouse; these tips will help you get your business online.
Understand the types of warehouses
There are 3 main types of warehouses:
These warehouses store and fulfill orders. You can sometimes get your products for free if you reach a certain volume. You can also send your products to their warehouse and pay them to send out each order. When the customer receives the product, you're notified that it's been shipped.
These warehouses are where your company stores products to repair or refurbish before they're sent back out as repaired items. It's also common for these warehouses to handle returns and exchanges, but most companies hire a separate warehouse for those types of items.
These warehouses store and archive your products. This is the most expensive option, and you should avoid this type of warehouse if possible. You usually want to avoid this option because it doesn't make much sense to tie up money in unsold inventory that isn't earning any return for you.
Find the right warehouse for your needs.
You want to find a warehouse that will meet the following criteria:
● Save you money on storage and fulfillment costs.
● Be in an area where you can easily find and hire staff.
● Allow you easy access to big trucks, so you don't have to pay for expensive freight charges or use third-party transport.
Know your needs
You need to know your expected sales volume to determine whether or not you qualify for free-storage options. You also need to have an idea of what kind of time frame you have for storing your products before they're sold. Knowing this information will help you find the best option, which is usually a warehouse closest to where customers are located, so that you can use discounted freight carriers.
Keep things organized with retail shelving.
Retail shelving is an excellent option because it allows customers to easily browse your products as if they're at a brick-and-mortar store. This is also a perfect option for drop-shipping retailers because it makes it easy to ship out multiple orders in one box, saving you money on packaging and postage.
Use the right tools to do the job.
You need to make sure you always have the right tools to do the job. Your warehouse must be properly equipped to handle all of your shipping and storage needs, including forklifts or pallet jacks for when products need to be moved.
Setting up a warehouse isn't as simple as buying some shelving and throwing your products in the backroom. You need to plan things out, understand what type of warehouse will meet your needs best, get the right tools for the job and organize everything neatly, so it's easy to find if needed.
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