Cold Chain Logistics Guide: How To Effectively Perform Temperature-Controlled Warehousing and Shipping?
We’re all aware of how globalization in trade and commercial sectors has bridged the gaps between nations and connected the world in a more economical, technological, and innovative way, but it does not technically dissolve the physical distance between these nations. Hence, the evolution of global trading between countries had to be resolved through the safe transit of goods using cold chain logistics. In a simpler analysis, you can create a small temperature-controlled packaging by simply filling your plastic bag with ice to carry your ice cream home without melting it, but transporting tonnes of perishable items as cargo to thousands of miles away requires time, effective coordination and most importantly temperature controlled logistics to prevent it from getting damaged. To ensure that cargo does not get damaged because of undue temperatures, shock, or any other external factors, manufacturing companies like pharmaceutical, medical, and food rely on cold chain logistics as an important part of their eCommerce operation. In this article, we will explore key information on cold chain logistics so that it can be implemented in your business logistics requirements. What is Cold Chain Logistics? Cold chain logistics is the science, technology, and process that is required in the transportation of temperature-sensitive products during the supply chain operation employing technology like temperature-controlled packaging methods and effective coordination and planning of the transit operation. To execute a cold-chain logistics operation, deep knowledge, and understanding are required of the perishability of the items that you will be shipping. Further, cold chain logistics is completely dependent on physical technologies that ensure that due temperatures are controlled throughout the operation. Some of these technologies and methods include refrigerated trucks and rail cars, temperature-controlled containers in cargo ships, and air cargo. [contactus_gynoveda] Elements Of A Cold Chain Logistics Cold chain logistics is a comprehensive process of preparing, storing, transporting, and monitoring temperature-sensitive products that need to be shipped. Hence a lot of components are involved that you must be aware of before executing such a logistics operation. These elements involve : Cooling Systems - These systems are utilized to bring the goods to the required temperature and manage it during every supply chain process, including processing, storing, and transporting. Cold Storage - These are facilities where goods and products are stored with temperature-controlled technology, waiting to be transported.Cold Transport - Temperature and humid controlled containers where the cargo is shipped.Cold Processing And Distribution - Cold processing facilities help in the processing of goods with the help of sanitation techniques, and distribution deals with the loading of crates, pallets, and boxes that are also kept in temperature-controlled environments while being distributed. How To Provide Temperature-Controlled Environments In Cold Chain Logistics? It is important to note that different types of products require different temperatures and control methods to maintain their integrity and avoid damage. Hence, to implement a cold chain operation, you must have the right knowledge of transporting temperature-controlled cargo and how they should be adapted based on shipping circumstances. The vitality and shelf-life of these products are heavily dependent on how you can successfully maintain the temperature range throughout the supply chain process. Any temperature-sensitive shipment across an extended period of time will largely depend on the type of container being used, its packaging, and most importantly, the refrigeration method, which accounts for 20% of the energy consumption. When we speak about packaging, several factors, like the size of shipment, outside temperature, period of transit, etc., must be taken into consideration before deciding what type of technology will be used during the packaging process. Following are some of the cold chain packaging technologies that can help you enable a temperature-controlled environment during transportation. Suggested Read: What is Custom Packaging? Quilts - These are large pieces of insulated materials that are wrapped around or placed over the freight that act as a buffer in temperature variations and keep it relatively constant throughout the transit. Hence, if you want to keep frozen goods at the same temperature, this can be a useful technology, but it does not work as effectively as a refrigerated container. Quilts also help in maintaining the temperature of the freight as opposed to the varying outside conditions. Reefers - These are temperature-controlled transportation units like a minivan, small truck, semi-trailer, or an ISO standard container that allows the circulation of temperature-controlled air, which is maintained inside with the help of an independent refrigerator. It can maintain both cool and warm temperatures inside the vehicle. Dry Ice - Dry ice is solid carbon-di-oxide at a temperature of about -80°C used to keep frozen shipments like food, pharmaceutical drugs, and exploitative goods in refrigerated unit devices for an extended period, mostly during air cargo transportation.Gel Packs - These are phase-changing substances that can go from solid to liquid or vice versa to maintain the internal temperature of the cargo and capture the escaping energy. Gel packs are mostly used to keep large pharmaceutical and medical shipments under their desired range between 2 and 8°C.Liquid Nitrogen - This is a chemical substance that remains in the gaseous state at about -196°C, mostly used to keep the cargo frozen over a long period. This is a very hazardous cold storage substance and is mainly used during the transportation of biological cargo like tissues or organs.Eutectic Plates- These are cold plates, much like gel packs but can be reused many times. These have a lot of applications but mostly for shorter transits, such as temperature-controlled deliveries in suitable areas, night deliveries, etc. Suggested Read: Looking for top Cold Storage Companies for Sellers in India? Differences Between Cold Chain and Normal Supply Chain [table id=69 /] Benefits Of Cold Chain Logistics Cold chain logistics play an important role in global food safety management by providing vital and good quality food, drugs, and other products to the world’s remotest region. For consumers, it means fresh and standard goods, and for companies in the modern business, it poses the following benefits - Reduced product spoilage, thus leading to improved profits.Lower the risk of damaged goods reaching the consumers; hence it reduces the possibilities of legal and public relations liabilities. Extended shelf life of products, better quality ensuring continuity of goods, repeat orders, and strong customer support.An extended transportation area means that companies can now reach new markets and improve export and contributions.Since food and medical regulations are strict all over the world, cold chain logistics allows better compliance with these regulations. Cold Chain Logistics Use Cases Source The necessity of new drugs and the constant demand for exotic goods all around the world have made multiple industries, like agriculture, manufacturing, healthcare, etc. to be dependent on cold chain logistics. Let us explore the uses of the same based on specific industries. Food Industry Cold chain logistics give you warehousing and transportation facilities that are completely temperature-controlled and maintain humidity levels. Following are some of the general temperature settings for different types of goods - Deep Frozen Meat & Seafood : -30° C and -18° C (-22° F and -0.4° F)Frozen Meat and Seafood : -18° C and 0° C (-0.4° F and 32° F)Perishable Cold Fruits, Vegetables and Dairy Goods : 7° C and 14° C (44.6° F and 57.2° F)Fresh Produce : 14° C and 24° C (57.2° F and 75.2° F) Pharmaceuticals And Healthcare Industry There has been a steady growth in the demand for cold chain logistics by the pharma industries and it is predicted to be worth $ 21.3 billion by the end of 2024. To maintain the vitality of biological cargo, vaccines, and medicines and to adhere to regulations set by governing bodies, certain temperatures need to be maintained while shipping pharma cargo. These general readings are - Medicines : 2° C and 8° C (36° F and 46° F)Biological Cargo : 2° to 8°C and sometimes down to -80°CVaccines ( eg COVID - 19) : -70°C Cold Chain Standards And Regulations Goods that are shipped using Cold chain logistics are very sensitive and can cause direct implications for public safety. Hence a lot of government institutions and bodies set regulations around the operation to ensure the safe storage and shipping of these goods. Following are some of the standard regulators - The US Food and Drugs Administration (FDA) is responsible for developing regulations and standards for the entire supply chain process, including processing, packaging, storage, delivery, and documentation.In Europe, the Goods Distribution Practises sets the main standards of packaging and distribution.Guidelines for the international packaging and shipping of vaccines are regulated by the World Health Organization (WHO)Perishable cargo regulations are standardized by the International Air Transport Organization (IATA) Further, there are other standalone government institutions and those based on individual countries, like the US Customs, the Transportation Security Administration (TSA), the Department of Transportation (DOT), the Global Cold Chain Alliance (GCCA), etc., that ensure the safety compliance of logistics operations. Common Cold Chain Management Issues Cold chain logistics can have management issues and problems during the supply chain operation. Let us recognize them before they can arise - Quality Issues with the Product - Thee can be product quality issues with the cargo from the beginning; hence cleaning, sorting, and proper sanitization processes must be done before packaging and loading. Improper Packaging - This can lead to contamination and damage of the product during transportation. Improper Documentation - Cold chain logistics operations require proper documentation and record keeping, especially because these stored records analyze important information like storage temperatures, handling instructions, etc., which is crucial to prevent unavoidable conditions from spoiling the load. Transportation Delays - Cold chain logistics are very time sensitive, and any delay in shipment or transportation can destroy the cargo. External Conditions - Variations in temperature due to external conditions like hot climate, improper handling, improper pre-cooling, leaving the doors open, loading, faulty cooling containers, etc., can create huge problems during cold chain logistics. WareIQ: Fulfilling Cold Chain Logistics Across India Today 3PL and other freight forwarding companies have been taking the burden of cold chain logistics enforcement off the shoulders of manufacturers across various verticals. these companies provide guided expectations and exceptional services fuelled by expertise when it comes to transporting goods that are temperature sensitive. One of the most important aspects that go unnoticed in executing cold chain logistics is integration planning and control of various elements of the supply chain. This can only be done with the proper use of data that can be curated manually from various sources. With the rise in the demand for cold chain logistics, 3PL and other logistics companies are rigorously investing in smart technology and data science to harmonize the entire operation. It is to be noted that data is streamlining industries and allowing more accurate decisions to be made in logistics. Such accuracy is very important when dealing with time-sensitive perishable items, which in the likelihood of getting damaged or destroyed, can cause huge losses to the reputation and functionality of any business. Modern practices in cold chain logistics and the constant evolution and technological contribution in the industry have led to a steep decline in the possibility of an error. Who knows, soon we might be able to send millions of goods across the world in just a matter of time and with intact quality and greater ease, creating endless possibilities and opportunities for expansion and development in the remotest of regions. The sector has a long way to go, but the beginning is here. Cold Chain Logistics: FAQs What is Cold Chain Logistics?Cold chain logistics refers to the management and transportation of temperature-sensitive products, such as food, pharmaceuticals, and vaccines, using specialized equipment and processes to maintain their quality and integrity. What are the Challenges of Cold Chain Logistics?The challenges of cold chain logistics include maintaining the required temperature range throughout the supply chain, ensuring proper handling and storage of products, managing inventory and logistics, and complying with regulations and standards. What are Some Common Technologies Used in Cold Chain Logistics?Some common technologies used in cold chain logistics include temperature sensors, data loggers, GPS tracking, RFID tags, and cloud-based data management systems. How Can I Ensure The Safety and Quality of My Temperature-Sensitive Products During Cold Chain Logistics?You can ensure the safety and quality of your temperature-sensitive products during cold chain logistics by working with a reliable and experienced logistics provider, using validated packaging and equipment, monitoring temperature throughout the supply chain, and implementing a robust quality management system.
April 06, 2023
List of the Top Warehousing Companies in Pune in 2023
Pune is the 2nd largest city in Maharashtra after Mumbai by size and population. The metropolitan area encompasses the neighboring regions of Pimpri-Chinchwad, Khadki and more. The city is known as “The Oxford of the East” owing to the large presence of educational institutions. It also holds significant stature as an IT, manufacturing and automobile hub. The city also consistently ranks in the upper threshold of the most liveable cities in the country. Because of this, many companies, including large MNCs, small startups and everything in between, call the city home. Therefore, to aid retailers in being able to store and fulfill orders across the country, a large number of warehousing companies in Pune have sprung up, providing storage, inventory management and other important facilities. In this blog, we will take a look at what warehousing companies are, the best options in the city and why WareIQ should be your number-one pick among warehousing companies in Pune. What are Warehousing Companies? Warehousing companies are businesses that provide storage facilities and services for various goods and products on behalf of their clients. Warehousing companies operate in various industries and can be found in different locations. They provide a wide range of solutions that often include storage, handling, distribution, transportation, inventory management and logistics. Some warehouse companies in Pune also have the presence of advanced warehouse management software (WMS) that can perform functions such as being able to integrate with multiple online platforms, tracking inventory and order data across storage facilities, providing real-time alerts to any changes in inventory levels and much more. Most of these services are essential to the functioning of retail companies across different industries. Warehousing companies play a crucial role in the supply chain by ensuring that the products are stored safely, transported efficiently and delivered on time. [contactus_uth] Top Warehousing Companies in Pune in 2023 WareIQ Source Founding Year: 2019Services Offered: Nationwide storage network, inventory management, in-house WMS, packaging, cold storage and more.About the Company: WareIQ is a 3PL logistics and warehousing company that provides a wide variety of services using advanced AI and ML technology to ensure speed, efficiency and attention to detail. In terms of warehousing capabilities, the company offers a nationwide network of fulfillment centers for storage at the national level and dark stores for storage at a regional level, an in-built WMS that takes care of inventory management and provides real-time updates, customized packaging facilities, labeling services for each SKU, cold storage facilities for easily perishable goods and a whole lot more. This, combined with its other logistics offerings such as order fulfillment and last-mile delivery, makes it one of the best warehousing companies in Pune. Nutan Warehousing Source Founding Year: 1972Location in Pune: Bhawani PethServices Offered: Warehousing, transportation, handling of hazardous goods, operational vehicle fleet, maintenance and more.About the Company: Nutan Warehousing has been continuously operating for more than half a century and is one of the most experienced warehousing companies in Pune. The company was incepted with the goal of providing affordable warehousing solutions to a vast range of industries, such as agriculture, manufacturing and chemicals. The company can handle hazardous materials, such as pesticides, fertilizers and cement, among others. It can also store more conventional goods such as food, plant seeds and tools, as well as bulky items such as machinery. This experience of handling such a diverse spread of products will ensure that it will be able to store whatever type of goods your company needs. Ncube Logistics Source Founding Year: 2016Location in Pune: ErandwaneServices Offered: Warehousing, intermodal transportation, freight forwarding, customs clearance, project logistics and more.About the Company: Ncube Logistics Solutions, a subsidiary of the Ncube Group of Companies, offers full-service logistics and warehousing solutions. With expertise in inventory storage, intermodal transportation and logistics, the company provides customers with all-encompassing solutions for all of their warehousing, logistics and freight forwarding needs throughout India. In regards to warehousing, it operates multiple warehouses that are strategically located in proximity to inland depots and CFS facilities. It also offers temperature-control facilities for perishable goods and provides all the equipment needed for loading and unloading products of all sizes. WareDepot Source Founding Year: 2019Location in Pune: BibwewadiServices Offered: Order fulfillment, warehousing, freight forwarding, on-demand storage, freight forwarding and more.About the Company: WareDepot is a start-up whose primary goal is to offer sellers in India top-notch warehousing and fulfillment facilities so they can concentrate on their area of specialization. Intending to boost client transparency about their storage and supply chain procedures, the company began with just a single small warehouse. This has now developed into numerous warehouses spread throughout 6 metropolises in India, providing a greater choice of services at competitive pricing. The company ensures that fulfillment is carried out efficiently, whether it is D2C or B2B, by handling the picking, packing and dispatch of every order. Reality Warehousing Source Founding Year: 1994Location in Pune: WagholiServices Offered: Warehousing, tailored solutions, cold storage facilities, inventory management, packaging and more.About the Company: The storage and warehouse requirements of most types of organizations can be met by Reality Warehousing, which is an excellent option among warehousing companies in Pune. They provide first-rate amenities and upwards of 5 lakh square feet of safe and secure storage space. The company provides services for domestic storage, cold storage facilities and other warehousing solutions, such as packaging and inventory management. Additionally, the company offers a choice of multiple types of warehouses depending on your requirements, such as RCC warehouses, industrial warehouses and built-to-order warehouses, making it a compelling option among warehousing companies in Pune. Also Check: Top 10 Best Logistics Companies in Mumbai For Omni-Channel Brands in 2023 Conclusion: Leverage WareIQ’s Nationwide Storage Network to Store Your Inventory Warehousing companies in Pune play an important role in the multiple functions of retail companies, such as order fulfillment, product storage, inventory management, packaging, handling, dispatch preparation, and much more. These services are essential for sellers to be able to not only have a place to store their inventory but also to fulfill orders to different parts of the country and the world from these storage facilities. If you are a budding retailer or are looking to partner with warehousing companies in Pune that more closely fit your requirements, you need to chalk out your short-term and long-term storage needs, layout additional services you need and ascertain your available financial budget. WareIQ is one company that provides competent warehousing facilities in addition to multiple other services. WareIQ is an order fulfillment company that has emerged as one of the leading options in the country. In addition to warehousing, we also provide comprehensive solutions for inventory management, order fulfillment, shipping aggregation, last-mile delivery, international shipping, ultra-fast delivery, and much more. Some aspects of our company that make us stand out from the rest are as follows: Nationwide Storage Network: We have multiple fulfillment centers for nationwide delivery and dark stores for hyperlocal delivery scattered across most prominent locations in the country.Intelligent Inventory Placement: We offer AI and ML-based inventory placement recommendations to ensure your products are stored in the closest proximity to your customers.Custom WMS: We have an in-built WMS that can integrate with multiple selling channels, automate replenishment triggers, conduct inventory management, provide real-time updates and much more.Customizable Packaging: We provide packaging facilities where every element can be tailored according to your tastes and preferences.Labeling Services: We provide in-house shipping labeling services to ensure all your products are shipped with the necessary information for more efficient order fulfillment. Suggested Read: Top 10 Warehousing and Logistics Companies in Pune Offering the Best Logistics Services for Online and Offline Brands in 2023 Warehousing Companies in Pune: FAQs What are the different types of warehousing companies?There are different types of warehousing companies, such as:- Public warehousing- Private warehousing- Contract warehousing What services do warehousing companies in Pune offer?Warehousing companies offer services such as:- Storage- Handling- Distribution- Transportation- Logistics- Inventory management- Customized solutions- Packaging- Labeling- Disptach preparation What are the benefits of using warehousing companies in Pune?The benefits of using a warehousing company include cost savings, improved efficiency, increased flexibility and better customer service. How do you choose a warehousing company?You should consider the location, size of the facility, security measures, handling equipment and experience when choosing a warehousing company. How long can I store my products in a warehousing company?You can store your products in a warehousing company for as long as you need. The duration of storage is usually based on your contract with the company.
April 06, 2023
Top 10 Warehousing Companies in Chennai for eCommerce, B2B and D2C Sellers in 2023
When it comes to rich culture, heritage, political and socio-economic background, Chennai predominantly makes it to the top of the list of the most influential metropolitan cities in India, especially the south. More importantly, its location and connectivity allow it to be one of the major industrial hubs of the country. Recently, when we analyze the last few decades, there have been increases in the city's international and domestic auto industry, OEM, and BPO firms. Multinational companies like Ford, Mitsubishi, Microsoft, Dell, Cisco, Deloitte, and much more have planted or planned to build their base in Chennai. One of the largest benefits that the city poses are its ports. The Chennai and Encore port are backed up by industrial hubs in Sriperumbududr, Mahabalipuram, and Siruseri. These industrial hubs demand proper warehousing facilities, which have grown immensely in Chennai. For those businesses who want to expand in Chennai or are looking for new business opportunities, we have filtered out a list of the best warehousing companies in Chennai. Taking into consideration the futuristic trends of e-commerce, these warehousing companies can help you set up shop and grow exponentially in the country. Best Warehousing Companies in Chennai A lot of warehousing companies in Chennai claim to offer the best warehousing services to companies. Since Chennai is saturated with several warehouse providers, it becomes difficult for businesses to pick the right one. Despite popular belief, not every company offers the same set of solutions hence the fundamental way of picking the right partner is by exploring some of the top warehousing and logistics companies in the city. Let’s find out. 1. WareIQ Source Founded: 2019Location: Sothupakkam Road, Redhills in Chennai WareIQ is an industry-leading warehousing company that provides businesses with top-of-the-line storage and distribution solutions. With a focus on operational excellence and customer satisfaction, WareIQ is widely regarded as one of the best warehousing companies in the market. Here are some of its key features: Advanced Warehouse Management System (WMS): WareIQ's WMS is a cutting-edge technology platform that offers businesses real-time visibility and control over their inventory, allowing them to make informed decisions about their supply chain operations.Multi-Channel Fulfillment: WareIQ allows businesses to fulfill orders across multiple channels, including eCommerce platforms, retail stores, and marketplaces, enabling businesses to maximize their reach and profitability. Fast and Reliable Order Fulfillment: WareIQ's expert team of warehouse professionals ensures that orders are processed and fulfilled quickly and accurately, with a high level of attention to detail and quality assurance. Flexible and Scalable Storage Solutions: WareIQ's state-of-the-art warehousing facilities offer businesses flexible and scalable storage solutions that can be customized to meet their needs, from short-term storage to long-term warehousing. Real-Time Inventory Tracking: With WareIQ's advanced technology platform, businesses have real-time visibility into their inventory levels and can track their products from when they arrive at the warehouse to when they are shipped out to customers. Dedicated Customer Support: WareIQ's team of dedicated customer support professionals is available around the clock to provide businesses with the support they need to optimize their supply chain operations and achieve their business goals. Overall, WareIQ is an exceptional warehousing company that offers businesses advanced technology solutions and expert support services to streamline their supply chain operations and improve their bottom line. 2. ProConnect Supply Chain Solutions Source Founded: 2012Location: Guindy, Chennai Started in 1999 and now one of the leading warehousing companies in Chennai, ProConnect is a part of the Redington group, a $ 6.5 Billion empire. The company specializes in warehousing and end-to-end supply chain solutions across the major industrial sector. They have a combined space of over 172 warehouses and 6 million sqft of space. ProConnect has acquired the delivery capacity to more than 36,000 customer locations. Further, the company has a wider reach to the Northeastern part of the country through its subsidiary, Rajprotim Supply Chain Solutions limited, therefore enabling them to fulfill supply chain requirements across the country. Major services provided by the firm include - warehousing, reverse logistics, In-plant logistics management, project management, supply chain consulting, transportation, etc. Key Features Modern, advanced, ready-to-use, and state-of-the-art infrastructureEnd-to-end supply chain services3PL servicesMore than Rs 100 Crore turnoverOnline tracking and visibility 3. NDR Warehousing Pvt. Ltd. Source Founded: 1986Location: Maduravoyal, Chennai NDR currently tops the list of the pioneer warehousing companies in Chennai to provide cost-effective and efficient storage solutions to many businesses that deal in the industrial, commercial, and consumer sectors. NDR was founded by the Late Naidu Dasaradharami Reddy in 1986 with a modest warehousing space of 400 sqft; it has now expanded its horizons to the North, South, East, and West of the country with a combined space of 18 million sqft. Today it is headed by the visionary and top warehouse operator in India, N Amruthesh Reddy, who has given NDR the position of the first-choice provider of Warehousing Space and industrial Parks for many Fortune 100 companies. NDR is also amongst the top and most reliable providers of Domestic Conglomerates and 3PL services. Key Features The first company to initiate private freight terminals in South, North, and West IndiaThe first private bonded warehouseOwns new and advanced Warehousing solutions and techniques to reduce margins and enhance operational efficiencyFirst domestic GSA for air cargo catering to the pan India domestic network 4. Indospace Source Founded: 2007Location: Puduvoyal, Chennai Indospace was founded in 2007 and led India's largest industrial and logistics real estate. Ever since its inception, Indospace has proved to provide Grade A services that have contributed tremendously towards the growth of industrialization and balanced the supply chain ecosystem. This warehousing company in Chennai stands at an investment of $ 3.2 billion and is deemed as the only pan India logistics and industrial park developer with 46 operations parks and under-development projects across 51 million square feet. Indospace is a trusted partner of GLP, which is the world’s largest investment manager in logistics real estate; this enables them to garner international expertise and build global networks. The logistics park developed by the company not only provides world-class opportunities for expansion to its clients but also believes in environmentally friendly solutions, having been certified with the prestigious Indian Green Building Council. Key Features Ready to use industrial and warehousing space.Built-in strategic locations to aid the distribution networksBuilt-to-suit service.Plug and plat infrastructure.Environmental friendly properties and amenitiesCost-effective business expansion 5. ACME Warehousing Pvt. Ltd Source Founded: 2010Location: Madhavaram, Chennai ACME Warehousing Pct Ltd was founded in 2012 with an exclusively dedicated warehousing space of 2 Acres and 55000 sq ft. The company aims to provide exclusive solutions for companies looking for exceptional warehousing spaces. The firm holds a spectacular client portfolio and uses it as leverage to build trust and networks in the supply chain ecosystem. ACME believes that customer satisfaction is the only formula to its success, and with the same vision, it provides a wide variety of services to its clients, starting from bonded and non-bonded warehousing, order fulfillment, pickup, and packing, special handling of luxury goods, inventory management, reverse logistics, distribution, quarantine, and disposal management, co/re-packing, etc. Key Features High-level security for goodsYears of warehousing experienceA computerized tracking system is availableA shelf system is available in warehouses 6. Varuna Group (Varuna logistics and Varuna Warehousing) Source Founded: 1996Location: Neelankarai, Chennai Built at the dawn of a new era when Indian logistics just came to the surface, the Varun Group saw its inception in 1996. Since then, it has upheld its principles of customer-centricity, operational excellence, and transparency. Today the group partners with some of the pioneers in the supply chain industry and provides them with end-to-end solutions for all their logistics and operational requirements to reduce the effective landed cost of products. With 1500+ trained professionals and 60+ branches all across the country, Varuna Group strives to accelerate the growth of its clients by providing incredible service. Their logistics management services include transportation, warehousing, inventory, and supply chain management, laced with advanced algorithms and real-time tracking technology. They measure their performance with industry-recognized KPIs and have a track record of 95% on-time placement, saving transit time by 50%, and 99.8% order fulfillment accuracy. Key Features Primary and secondary transportation servicesProject cargo servicesAdvanced preventive fleet diagnostics and vehicle maintenance system Real-time vehicle tracking and monitoringSafe lock mechanism and other security measuresDistribution, consolidation, and in-plant warehousingDedicated Warehousing Management SystemPrompt on-road accident and maintenance team in place 7. Warehousing Express Logistics Pvt Ltd Source Founded: 2015Location: Chennai Armed with 25+ years of experience and built by veteran logistics leaders, it is one of those warehousing companies in Chennai that promises to give you a ‘ competitive edge.’ Warehousing Express Logistics Pvt Ltd works with major multinational companies in India and produces excellent, cost-effective, and tech-enabled logistics, warehousing management, and distribution service network services. The company regards itself as the finest warehousing facility that is strategically located near ports and the city. They provide domestic transportation services via road, railway, and air across the country, along with other services like inventory management, contract logistics, etc. Key Features Supply chain and logistics trade consultancyLogistics automation and technology servicesIn-plant/onsite warehouse operations3PL logistics servicesLate-hour customer care and urgent shipping services 8. TVS Industrial & Logistics Parks Pvt. Ltd Source Founded: 2005Location: Mogappair, Chennai Home to a total workforce of 50,000 employees, TVS SCS is India’s largest supply chain solution provider spread over 19 countries and has an $8.5 billion turnover. TVS ILP is a joint venture of TVS SCS, again a part of the T.S Rajam Family and Ravi Swaminathan Family. TVS ILP is considered to be one of the most influential players in the organized logistics and warehousing markets in the country, providing high-end and technology-enabled solutions to its clients. It offers an integrated infrastructural solution, EPC solutions, and warehousing as well as logistical facilities of global standards. TVS ILP has worked with several manufacturing and commercial giants, namely Amazon, Bridgestone, Flipkart, Cars 24, ISUZU, Godrej, etc. Key Features Pan-tier and pan-India presenceSuperior quality PEB, MEP, flooring, and other ancillary works in manufacturing facilitiesGrade A warehouses that are customized, palleted, and racketed with ideal PEB spanning to optimize space.Strategically located parks at major industrial nodes. 9. Ascendas Firstspace Development Management Private Limited Source Founded: 2016Location: Csir Road, Chennai Created as a joint venture between Acendas and Firstspace Realty, this logistics real estate giant is a perfect blend between local and global. This platform was created to address the logistics and industrial infrastructural challenges in India. The ideal combination of CapitalLands global expertise with the rich local and real estate experience of Firstspace, Ascendas-Firstspace offers dedicated logical solutions and growth opportunities to various industry verticals, namely 3PLs, e-commerce, automobiles, FMCG, modern retail, manufacturing, etc. This is one of the leading Warehousing companies in Chennai. Key Features Strong transparency and corporate governance standardsSustainable logistics propertiesBuilt-to-suit warehouses, buildings, and factoriesInventory of buildings for warehouse and ready-built factory30 million sq ft of industrial and logistics space 10. All Warehouses and Industrial Parks Pvt. Ltd Source Founded: 2020Location: Alwarpet, Chennai With 90% of the entire market inventory under their list, All Warehouses is one of the leading warehousing companies in Chennai and the single largest aggregator of Industrial Real Estate in the south. They believe in customized solutions for all their customers and ensure proper coordination and client satisfaction. The Industrial real estate solution includes warehouses, godowns, sheds, cold storage facilities, and manufacturing facilities across India. Key Features 45,00+ acquired land21+ million sqft of commercial leased space5-minute lead response time [contactus_uth] Services Offered By Warehousing Companies in Chennai Inventory Management The entire supply chain process, from ordering to the delivery of the product, comes under inventory management. These include tasks like distribution, product counts, lead times, etc, and are done for every type of business and commercial operations. One of the most crucial aspects of Inventory management is utilizing the warehouses to cycle count and analyze the delivery of goods. This allows you to reduce the receiving errors which may happen as a result of internal mishaps. Order Fulfillment For complete order fulfillment, the integration of internal and external operations. Companies that provide warehousing services also offer fulfillment services to their clients that include everything that comes after an order is placed namely - picking, packing, shipping, labeling, customizations, and taking care of returns. Contract Warehousing Building a warehouse from scratch, especially at multiple distribution centers takes a lot of time and resources. Hence, one of the most popular services that startups have adopted these days is outsourcing warehouse facilities to third-party providers. This enables them to set up newer distribution channels overnight and start delivering consumers which would otherwise have taken years to establish. To overcome the competitive marketplace, contract warehousing is one of the most effective services provided by Warehousing companies in Chennai. Transportation Warehousing companies in Chennai sometimes also provide transportation services to businesses through multiple channels such as air, dock, railway, and road. This can include delivery as well as pick up of cargo. Having a warehousing firm that can take care of the movement of goods might just be what your business needs to experience exponential growth. Cross Docking After the goods are transported from their manufacturing units, they require to be sorted into multiple shipments before being delivered to the consumers. Cross docking, therefore, allows goods to be routed to several distribution networks from single or multiple manufacturing units. Those manufacturers who do not have the financial strength to handle order shipments to special locations or to fulfill special deliveries require cross-docking services provided by warehouses. Transloading The operation in which the goods are moved from one mode of transport to the other is called transloading. For example, some warehouses provide pickup services from the port where the goods are being off or unloaded from the ships and then transferred to the trucks to be sent to the warehouses. How To Choose the Best Warehousing Companies in Chennai for Your Business? Warehouse Mapping Before you decide on the right Warehousing companies in Chennai, you must ask yourself a question, is this warehouse enough to accommodate my current as well as future storage requirements? Evaluation and mapping the size and dimension of the warehouse is of utmost essential because the services you opt for must have flexible solutions for current and future possibilities. The warehouse provider must be able to manage the volatility of your business, be it scaling up or scaling down. Hence, the provider must understand your business well; they must know when you may require more spacing due to order volume fluctuations, must help you cut down on costs when you require less spacing, and so on. Warehouse Location A strategic location allows you to save time on lead delivery as well as money on transportation costs. It is important to first analyze your business and your supply chain to identify the most suitable location for your warehouse needs. For example, if your business involves the export and import of goods, your warehouse must be located near ports or other transportation hubs. If your business requires you to restock frequently, you should be close to the city and connected to highways. Safety Management Warehousing companies in Chennai will ensure that their safety management systems align with your requirements. Pick a provider whose storage facilities have alarms, cameras, fencing, and other security measures to prevent theft. Make sure they have backup management and quick reaction systems in place to avoid damage to products and that they provide insurance to you for the same. Tech-Enabled and Integrated Management and Logistics Solutions Warehousing companies in Chennai and distribution centers can improve their efficiencies with a proper WMS or warehouse management system. WMS can help you improve your inventory visibility, balance demand fluctuations, integrate the execution systems and workflow, enhance your storage and distribution performance, and much more. A good warehousing provider will include a WMS system with cloud-based integration. There are SaaS options also available with this technology. Customer Reputation Customer reputation builds your brand. Warehousing companies in Chennai will have worked with multiple businesses and organizations across multiple sectors, so picking the top players in your vertical is important. Genuine service providers will have multiple client surveys, feedback portals, and a proper client portfolio at your disposal so that you can remain assured of the services you plan to opt for. Wrapping Up: Choosing WareIQ For All Warehousing Needs A right and dependable warehousing partner is crucial for the success and growth of any business. Apart from exploring the services of the best warehousing companies in Chennai, you must also analyze the key requirements for your business so that your interests align with the services you require. Rest assured, some research and reading will help you get there. Suggested Read: Top 10 Logistics Companies in Madurai for eCommerce, D2C, and B2B Retailers in 2023 Warehousing Companies in Chennai: FAQs What are the Benefits of Using a Warehouse?Using a warehouse provides numerous benefits to businesses, including:1. Increased storage space: Warehouses provide businesses with extra space to store their goods and materials, which can be particularly helpful for companies with limited space at their facilities.2. Improved inventory management: Warehouses allow businesses to store and organize their inventory more efficiently, making tracking and managing it easier.3. Better protection for goods: Warehouses often have security measures in place to protect goods from theft, damage, and other risks, such as fire or flooding.4. Cost savings: Using a warehouse can be more cost-effective than renting additional office or retail space to store inventory and can also help reduce transportation costs by providing a central location for goods. What Types of Products Can be Stored in a Warehouse?Almost any type of product can be stored in a warehouse if it is not hazardous or illegal. Some common examples of products stored in warehouses include:1. Consumer goods: such as electronics, clothing, and household items.2. Food and beverage products: including perishable and non-perishable items.3. Construction materials: such as lumber, steel, and cement.4. Automotive parts and supplies: including tires, batteries, and engines.5. Medical and pharmaceutical products: such as vaccines and prescription drugs. How Do I Choose the Right Warehouse for my Business?Choosing the right warehouse for your business depends on several factors, including:1. Location2. Size and capacity3. Amenities4. Cost5. Reputation What is the Difference Between a Warehouse and a Distribution Center?The main difference between a warehouse and a distribution center is their purpose and function. A warehouse is used primarily for storing goods and products until they are needed, while a distribution center is a facility that receives, stores, and then distributes goods to customers or other facilities. Distribution centers are typically designed to handle a high volume of goods and operate with a focus on speed and efficiency, while warehouses may have a wider range of functions, including storage, inventory management, and order fulfillment. How Can I Improve the Efficiency of My Warehouse Operations?There are several ways to improve the efficiency of warehouse operations, including:1. Analyzing and optimizing your layout and workflow to reduce travel time and increase productivity.2. Investing in technology such as warehouse management systems, automated material handling equipment, and barcode scanners to streamline operations and reduce errors.3. Implementing lean principles such as 5S, visual management, and continuous improvement to eliminate waste and improve efficiency.4. Provide training and support for your employees to ensure they have the skills and knowledge needed to perform their jobs effectively.5. Monitoring and measuring key performance indicators (KPIs) such as order accuracy, order cycle time, and inventory turnover to track progress and identify areas for improvement.
March 29, 2023
What is Physical Distribution in Supply Chain Management? A Detailed Guide in 2023
The Covid-19 pandemic has largely shifted the purchasing behavior of consumers from offline to online. The Indian online retail market is growing at a very fast pace and is expected to reach approximately $1.2 trillion (95 lakh crore). As an eCommerce seller, you need to grab this opportunity and establish your business by utilizing the required business tactics. Getting listed on multiple channels and receiving orders are not the only things you should do when it comes to the long run. To not only be in the game but also win, you need to make your end customers happy. That is possible with the perfect placement of your product from the very first impression by the buyer to delivering it to them as they expect. To achieve recognition from your customers, you must take care of fulfillment services and all of its processes which involve processing orders, controlling inventory, eCommerce warehousing, and eCommerce shipping. All of these factors fall under physical distribution in supply chain management. This has been the primary focus of most eCommerce brands in recent years. To ensure you as a seller are handling the physical distribution of goods properly and what the available options are to become more productive, you can read further. What is Physical Distribution? Physical distribution is the movement of finished goods and products from a company's distribution center, using its eCommerce fulfillment network, to the end-user. It includes warehousing, inventory control, order processing, retail fulfillment, and shipping, among other eCommerce supply chain tasks. Customer satisfaction is directly affected by the physical distribution of goods and the capacity to get a product to a consumer rapidly and affordably. Business owners can ensure sustained success in a continuously changing, competitive global market by keeping items in handy places and developing dependable means of moving those items. [contactus_gynoveda] What are the Components of Physical Distribution? Processing Orders During the physical distribution of goods in huge quantities, a uniform system for handling and executing orders should be established. The time period to process orders must be reasonable. Any delay in order execution causes resentment and may result in economic loss. The customer always expects guaranteed delivery within a certain time frame. The degree of customer service is shown in the speed by which orders are fulfilled. Even a small improvement in customer service can result in a 15 to 25% gain in revenue. In marketing, order serving time can also be used as a USP. Controlling Inventory Inventory control is always a crucial part of the order fulfillment process. Physical distribution channel management, including the amount, location, handling, and transportation of physical inventory, plays a distinctive role. Inventory consists of all the items stored in warehouses that are waiting to be sold. Production activity (purchasing activity) and customer orders are linked via inventory (sales activity). As the customer service level approaches 100%, inventory costs rise at a faster rate. The inventory cost and the level of customer service must be correlated and balanced. All that has to be maintained with a proper inventory report. To meet client demand, you need to have a well-balanced range of products for sale. Stockouts and missed sales can result from having an insufficient inventory. Too much inventory entails a lot of money upfront, poor turnover ratio, and greater inventory operating costs. Inventory control's major goal is to ensure minimal capital investment and inventory variations, as well as rapid order execution in response to client demand. You May Also Read: How does multiple channel inventory management work? Warehousing The act of storing and conserving commodities is known as warehousing. It can balance supply over time. Nowadays, micro fulfillment centers are located around markets rather than the supply-chain network. Under one roof, a fulfillment center can handle orders and deliver goods directly to customers where better and faster customer service can be initiated, resulting in a cheaper cost of distribution. Efficient distribution systems can cut delivery and storage times by half. The focus should be on selling rather than the store. Many businesses are moving away from storage facilities and toward fulfillment centers. For material handling, data processing, and inventory control, fulfillment centers employ cutting-edge technology. The services provided by fulfillment companies are directed by a wholesaler through direct fulfillment or drop shipping fulfillment. Here the wholesaler act as a merchant intermediary and a distribution/fulfillment center could be considered as an inventory of a shop nearby the delivery area. Handling Material Modern warehouses have automated material handling equipment instead of relying on labour. The cost of physical distribution has been dramatically reduced because of new packaging, containerization, and palletization techniques. We now have access to machineries such as conveyor systems and forklift trucks. In Western countries, material handling is almost entirely automated. Standard-size containers for packing and transporting items can be stored on pallets or small platforms and then moved by mechanical means. Automated physical distribution of goods and protective packaging enhance customer service, reduce distribution costs and accelerate order fulfillment. Shipping Physical Distribution consists of all the steps that ultimately lead to this final step that is responsible for getting orders to the buyer. The process of shipping is a network of activities that consist of storage at multiple sites coupled with a series of transport linkages during the distribution process. These multiple modes of transport can be through road, rail, water, air, etc. It is a very complex activity in which orders are divided into batches and groups and then forwarded to the person responsible for the order to be delivered. This complexity is usually handled by logistics companies. The different transportation methods of physical distribution are listed below: Road Transport: Trucking is the preferred shipping option for most businesses across the world. Trucks, which generally transport manufactured goods rather than bulky commodities, provide faster, more frequent, and cost-effective distribution to more locations across the country than any other logistical alternative. Trucks are very useful for short-distance shipments and they can carry both large and small cargo with relatively fast and consistent service. Intermodal Transport: Intermodal shipping arrangements, which combine rail and truck transportation for specified stages of the journey, are frequently used by a small business for fulfillment. This combination generally results in cheaper overall expenses than single-mode transportation. Air Transport: Enterprises often use air freight for the transportation of valuable or perishable goods due to comparatively high transportation costs. Reduced inventory-holding expenses and increased sales that may accompany speedier customer service can occasionally balance the high cost of air freight. Courier Shipments: The delivery of shipping containers, parcels, or high-value mail as discrete shipments is known as package or parcel delivery. Most postal systems, express mail services, and private courier businesses offer courier shipment services or eCommerce courier services. Water Transport: Shipping containers are routinely used to transport products via sea. Importers and exporters in the country and around the world use ocean freight as their primary form of transportation. You can check the best shipping companies for your business here. What are the Objectives of Physical Distribution? Utilizes Time and Place Physical distribution contributes to the efficient utilization of time and resources. Transportation and warehousing are used to accomplish this. The transportation system creates place utility by delivering items to the exact location where they are needed. Storing products and releasing them when needed utilizes time. Reduces Costs of Distribution Physical distribution costs make up a significant portion of the product's cost. If these costs are managed in a systematic manner, production costs can be reduced. Transportation schedules and routes, warehousing location and operation, material handling, order processing, and other cost-cutting measures can all be simply implemented. Enables Market Expansion Mega investments in the form of a strong promotional campaign may prove worthless if the physical distribution channel continues to fall behind the market expansion. Firms will be in a great position to take full advantage of market expansion with prior planning for the launch of multiple warehouses, adding new distribution points, and extending the capacity of existing distribution points, as needed. Maintains Market Share The market is highly saturated. In a climate of fierce competition, firms expect to increase market share, while maintaining current market share would be a primary success. This is carried out with the use of proper eCommerce logistics systems. Logistics must be closely monitored by businesses. Companies should detect distribution flaws and take quick corrective action. Stabilises Pricing Physical distribution contributes to price stability. Buyers anticipate pricing constancy over time. The effective utilization of transportation and warehousing infrastructure can aid in matching demand with supply, ensuring price stability. Offers Better Consumer Experiences By using a physical distribution channel, consumer service is made more efficient by making products available in the correct quantity at the right time and in the right location, i.e. when a client needs them. 6 Factors That Affect Physical Distribution in 2023 Every manufacturer must figure out how to get their goods to the end-user. In today's economy, a variety of distribution channels are accessible. A producer needs to keep the following points in mind while choosing one or more distribution channels to ensure smooth operation and lowers logistics costs. Transportation Source Distribution is always dependent on the supply chain and its efficiency. There are many factors to consider to enable faster delivery in a country like India, where customers are scattered across the country. Product Size Source Product size is a matter of concern when it comes to cost-cutting and delivering on time. A heavy item cannot be delivered quickly and easily without prior planning. It needs more manpower, warehouse space, and larger vehicles which directly affect the cost of logistics and delivery. In a similar way, smaller and more perishable products also require their own precautions such as proper storage facilities, extra care, etc. Product Durability Source These days, food delivery applications are claiming to deliver orders in just 10 minutes. This is because food is a perishable product. Sellers need to identify the perishability of their products and plan physical distribution processes accordingly. Delivery Preferences Source Customers often have preferences for the delivery of their product such as the location, time, etc. It is the responsibility of the retailer to ensure that these preferences are respected to achieve a positive delivery experience for the customer. Suggested Read: What is retail logistics? Delivery Partner Reachability Source It is nearly impossible to deliver across the country and make it smooth. A seller can partner with different logistics companies in different locations based upon their area specializations, better workforce, good manager, etc. So here, a seller needs to be smart and choose the best order eCommerce fulfillment company for specific areas. The delivery partner should also be easily contactable by the customer in case of any query, instruction relays or emergencies. Warehouse Management Systems (WMS) Source To perform complex supply chain tasks, handing hundreds-thousands of orders, moving thousands of miles in multiple vehicles, successfully delivering the product and minimizing the cost to do it is not an easy task for a retailer and consists of multiple variables. To make this more simple and efficient, a business needs high-tech software like Warehouse Management Systems (WMS). It also gives them tracking and transport abilities. Conclusion: Why Should You Outsource Physical Distribution to WareIQ? Physical distribution is a series of complex tasks and if even one of them goes slightly wrong, it can have a drastic impact on the entire supply chain. Businesses not only need to figure out the best way to accomplish this but also in the most cost-effective way possible, which takes away precious time and activity that could be spent on trying to grow the business. 3PL fulfillment companies such as WareIQ can take away some of that burden by enabling you to offload the entire process of physical distribution. Some features that may entice you are listed below: Cost-Effective With so many delivery options and an endless amount of envelopes, bubble wrap, double-walled boxes and tape needed to keep your items safe in transit, distribution is more complicated than you think, which is why outsourcing can save you a lot of money, not just on the physical costs but also on the costs to your reputation. Trusting WareIQ to handle and deliver your goods will provide you with a competitive advantage and keep your partners satisfied since you'll benefit from our years of experience and deep industry knowledge. Without costly overheads and adaptability to individual needs, WareIQ provides you with a single location for your material to be stored, managed, developed, and provided. Because of the high amount of parcels shipped each year, WareIQ has wholesale accounts with more than 20 dependable couriers, airmail and freight partners, allowing you to save up to 50% on your distribution costs when compared to other suppliers. Flexible & Efficient Outsourcing gives you more flexibility, which is important if your firm is seasonal or has peaks and valleys. Inventory levels and delivery requirements can fluctuate from month to month as your company expands. WareIQ empowers you to adapt to required changes and continues to provide a professional and reliable service with more productivity to your business. We are dedicated to our role and create solutions that add value to your business as well as your brand image. You can manage your stock remotely and view historical statistics for each order using our online system. It also gives you accurate stock data so you can avoid wasting money and make better judgments about printing and distribution during each marketing season. Focus on Core Operations Preparing to send something overseas takes time that you and your team could spend elsewhere. Few people outside the distribution industry are aware of the constantly changing customs restrictions and complexities of international and local distribution. This is also not common advice given by large courier firms; nevertheless, WareIQ has an experienced team that is available to advise, educate and support you. It's much easier to outsource your distribution than to do it yourself. You can completely concentrate on your core business and you will never have to worry about fulfillment again. Suggested Read: Retail Distribution With WareIQ [signup] Physical Distribution FAQs (Frequently Asked Questions) What is physical distribution management?The movement of finished items from a company's distribution and fulfillment network to the end-user is referred to as physical distribution management. Physical distribution in eCommerce includes warehousing, inventory control, order processing, retail fulfillment and shipping, among other eCommerce supply chain tasks. Why is physical distribution important?A company's physical distribution function provides the location and time dimensions that contribute to a fundamental aspect of the marketing mix. Transportation and warehousing are the two most important aspects of physical distribution that help in faster deliveries for a better customer experience at affordable prices. What is the objective of physical distribution?Physical distribution's main goals are to get the appropriate items to the right client at the right time and place. In other words, while efficiency and quality service are important goals of physical distribution, they may compete with one another. How can WareIQ help with your physical distribution requirements?WareIQ offers services for the whole range of fulfillment requirements including all the processes that physical distribution comprises such as storage, shipping, order fulfillment, and customer satisfaction.
March 10, 2023
Top 10 Cold Storage Companies for Sellers in India That Deal in Warehousing of Perishable and Delicate Goods in 2023
eCommerce is a large, diverse industry that encompasses many different types of goods, with some requiring additional effort and specialized conditions in terms of storage and transportation. For instance, heavy or bulky items would need extra storage space in the warehouse and delivery vehicle, heavy-duty forklifts for loading and unloading, and more. Similarly, perishable goods such as food and beverages would require cold temperatures in order to preserve their freshness and prevent them from expiring. If you are a seller of these types of commodities, partnering with a logistics company that offers these specialized services is crucial if you want to fulfill orders across the country. Fortunately, because there is an ever-increasing demand surrounding the storage, warehouse, and fulfillment of perishable goods, a large number of cold storage logistics companies have emerged to fill the void. In this blog, we will take a look at what cold storage companies are and the top 10 cold storage companies in India currently available. What are Cold Storage Companies? Cold storage companies are specialized storage and logistics providers that offer temperature-controlled warehousing and transportation solutions for perishable goods such as food, beverages, pharmaceuticals and chemicals. These companies utilize state-of-the-art technology to maintain optimal storage conditions for their client's products, ensuring that they are kept at the right temperature, humidity and other environmental factors required for their preservation. The facilities of cold storage companies are equipped with various types of refrigeration systems, including blast freezers, chillers, and temperature-controlled rooms, to provide the necessary conditions for different types of products and can be regulated automatically or manually. These facilities are usually located near transportation hubs such as ports, airports, and major highways, making it easier to transport products to and from the storage facilities. [contactus_uth] Top 10 Cold Storage Logistics Companies in India in 2023 WareIQ Source Founding Year: 2019Headquarters: Bangalore, KarnatakaServices Offered: Order fulfillment, cold storage, inventory storage, order management, custom WMS and more.About: WareIQ is an order fulfillment company that has grown to become one of India’s leading 3PL logistics companies. It provides a vast network of fulfillment centers and dark stores, with all of them being equipped with cold storage facilities as well as the latest temperature monitoring and regulating facilities. It has enabled many of its retail clients in food & beverages, dairy segments like Epigamia, Wingreens, Raw Pressery etc. to easily store and transport fresh and frozen produce, as well as pharma and nutraceutical companies like Gynoveda, myUpchar, Wellness Forever, Setu Nutrition etc. to store and transport medicines, with its temperature controlled warehouses & transport facilities. In addition to cold storage facilities, the company also provides value-added services such as personalized custom packaging, branded order tracking and much more, making it an attractive option for sellers who need a well-rounded fulfillment partner. [signup] Coldman Warehousing & Distribution Source Founding Year: 2012Headquarters: Bangalore, KarnatakaServices Offered: Warehousing, cold storage, distribution, business consulting, food processing and more.About: Coldman is one of the top cold storage logistics companies in India. You can avail of Coldman’s services for all of your supply chain needs involving temperature management. They are capable of handling items that need to be stored anywhere between the -20°C to +20°C temperature range. They provide services to almost every type of industry, such as restaurants, food processing companies and confectionaries. They can also handle many types of products, such as fruits and vegetables, poultry and meat, and pharmaceuticals. Furthermore, Coldman has had success offering its services in several countries across the globe. Snowman Logistics Source Founding Year: 1996Headquarters: Bangalore, KarnatakaServices Offered: Warehousing, cold storage, round-the-clock operation, 100% power backup, temperature-controlled trucks and more.About: Snowman is one of the longest-serving cold storage companies, operating constantly since 1996. For temperature-regulated logistics services, such as cold storage, transport and other additional services, Snowman has emerged as a market leader in India. Their integrated distribution strategies and cutting-edge cold storage facilities in large metropolitan areas like Mumbai, Bangalore and Chennai guarantee the maintenance of product quality and temperature integrity from the point of origin to the customer’s doorstep. Coldrush Source Founding Year: 2012Headquarters: Mumbai, MaharashtraServices Offered: Customizable storage, in-house WMS, cold storage, online temperature monitoring, 100% power backup and more.About: Coldrush is one of the leading cold storage companies in India offering top cold storage services in India. Several varieties of cold storage services are offered by Coldrush, such as chilled, frozen and ambient storage. It has multi-capacity chambers that adhere to the strictest requirements for handling products at controlled temperatures. Ever since its founding, Coldrush has carved out a country-wide niche in the industry for sellers who require detailed cold storage solutions. The business has the know-how, experience and in-depth comprehension required to consistently enhance the performance of integrated cold storage supply chains with new solutions. Suggested Read: List of the Best Logistics Companies in Maharashtra Indicold Source Founding Year: 2012Headquarters: DelhiServices Offered: Warehousing, cold storage, order processing, packaging, distribution and more.About: Indicold is dedicated to dominating the Indian market by providing superior and affordable cold chain logistics solutions. Its facilities for the fresh and frozen food industries give its clients a competitive edge, enabling them to prosper in a market that is constantly shifting. The business now conducts business across India, offering its customers speedy and dependable transportation and cold storage services through regulated, overseen partner stores and carriers, making it one of the best cold storage companies for sellers that need all-India distribution. Suggested Read: List of top Warehousing Companies in Delhi. Cold Care Group Source Founding Year: 2000Headquarters: Hyderabad, TelanganaServices Offered: Cold storage, maintenance, food processing, transportation, testing facilities and more.About: One of the most experienced cold storage companies in India, Cold Care Group leads the market in providing cold storage solutions. They manage over 20 cold storage warehouses, as well as offer logistics and refrigerated transportation services. With cutting-edge technology, Cool Care offers comprehensive solutions in the cold storage industry and services for temperature-regulated logistics. They are good if you are looking for affordable services and also if you are looking to reduce your transportation costs. It can store and handle various types of commodities, ranging from vaccines to plant seeds, making it one of the best cold storage logistics companies for sellers who deal in a diverse range of products. Suggested Read: Logistics Companies in Hyderabad in 2023 for Offline and Online Sellers Indraprastha Cold Storage Source Founding Year: 1952Headquarters: DelhiServices Offered: Product procurement, cold storage, nationwide distribution, 100% power backup, freshness preservation and more.About: The longest constantly operational firm among the cold storage companies on this list, Indraprastha Cold Storage provides a wide range of services, including procurement of produce directly from farms, transportation services across India and, of course, cold storage facilities. The company currently has over 500,000 square feet of storage space that are equipped with a variety of safety features such as stainless steel lining and aluminium walls to prevent cross-contamination and odour consolidation so sellers can be assured that their products will always stay fresh. Siddhi Cold Chain Source Founding Year: 1974Headquarters: DelhiServices Offered: Temperature-controlled warehousing, cold storage, distribution services, order consolidation, 100% power backup and moreAbout: One of the most experienced cold storage companies on this list, Siddhi Cold Chain began operations in 1974 and is a subsidiary of Siddhi Enterprises. The company provides a vast swathe of cold storage facilities as well as conventional logistics services. They have over 500,000 square feet of temperature-controlled warehousing space and a distribution network over the entirety of North India. However, it is limited by the fact that it only deals in vegetarian products and also because it does not have comprehensive operations in the rest of the country. Godamwale Source Founding Year: 2016Headquarters: Bhiwandi, MaharashtraServices Offered: warehousing, cold storage, automations, distribution services, consultancy services and more.About: Godamwale is a logistics and cold storage company. It has among the largest and most comprehensive infrastructure of temperature-controlled warehouses and cold storage facilities. It also provides conventional logistics services, such as distribution, order fulfillment and more, making it a one-stop shop for companies that need access to all these facilities and reduce logistics costs, in addition to just cold storage. It also has many big-name clients, including Amazon, Big Basket and Godrej, cementing its reputation as an experienced and well-adjusted 3PL company. Arihant Cold Storage Source Founding Year: 2007Headquarters: DelhiServices Offered: warehousing, cold storage, inventory management, cross-docking, order processing and more.About: Arihant Cold Storage is a cold storage company that provides a variety of temperature-regulated solutions. To keep goods secure, hygienic and always at the right temperature, Arihant Cold Storage employs advanced monitoring technology. Every aspect of storage is efficiently managed by their highly qualified staff. They assure their customers of no damage, temperature abuse or theft because they use various security measures. They are professionals at storing various types of products, ranging from pharmaceuticals to food products. Conclusion: Get Access to Cold Storage and Other Value-Adding Services With WareIQ Cold storage logistics companies are absolutely essential for businesses that deal in products that require very specific temperatures and other environmental regulations. An absence of these facilities can be detrimental to the products as well as your chances of selling them. Thankfully, the landscape of companies providing cold storage facilities has increased dramatically owing to the growing number of retailers that require them. As a seller, it is best to identify your own objectives, requirements and available budget so that you can make a well-informed decision that fits all your constraints. If you need access to cold storage facilities in addition to other fulfillment services, WareIQ can be the option for you. WareIQ is known for providing multiple value-adding facilities, such as cold storage facilities, customizable packaging, branded tracking and more, along with conventional order fulfillment services. Some of them are listed below: Nationwide Storage Network: We have a pan-India storage network consisting of fulfillment centers and dark stores that have cold storage facilities and other advanced services.Branded Packaging: We provide customizable packaging where almost every competent can be tailored to your tastes and preferences.Branded Order Tracking: We help equip you with editable tracking pages so you can customize the design and include whatever information you need.App Store: We have an in-house app store where productivity-enhancing apps can be downloaded to assist in various functions, such as customer feedback and providing shipping badges.Custom WMS: We have an in-built WMS that can update you about your orders and inventory data in real-time, automate multiple functions and integrate with most eCommerce marketplaces. Cold Storage Companies: FAQs What types of products are required to be stored in cold storage?Cold storage companies can store a wide range of products. Some products that need to be stored in cold storage include:- Fresh and frozen food products- Vaccines and pharmaceuticals- Temperature-sensitive items What are the positives of using a cold storage company?The benefits of using a cold storage company include:- Extended shelf life for products- Reduced product waste- Improved product quality and safety- Access to advanced storage and logistics technologies- Broadened scope of products What types of refrigeration systems are used in cold storage facilities?Cold storage facilities use a variety of refrigeration systems, including blast freezers, chillers and temperature-controlled rooms, to maintain the appropriate storage conditions for different types of products. How do cold storage companies maintain the appropriate temperature for stored products?Cold storage companies use advanced temperature monitoring systems and equipment to ensure that stored products are kept at the right temperature, humidity and other environmental factors required for their preservation. Are cold storage companies subject to any regulatory requirements?Yes, cold storage companies are subject to a range of regulatory requirements, including food safety regulations and pharmaceutical storage guidelines, and must comply with these standards to ensure the safety and quality of stored products. Which are the best cold storage logistics companies in India for the food & beverages and pharma industries?A few of the best cold storage companies in India are as follows:1. WareIQ2. Coldman Logistics3. Snowman Logistics4. Coldrush5. Indicold6. Cold Care Group7. Indraprastha Cold Storage8. Siddhi Cold Chain9. Godamwale10. Arihant Cold Storage
March 03, 2023
Warehouse Vs Fulfillment Center: 5 Key Differences to Help You Choose the Best Storage Solution For Your Business in 2023
Companies that solely take care of a fulfillment warehouse, usually partner with businesses that work with non-commercial, or B2B orders that deal with large amounts of products. More substantial companies & retailers have their own warehouse and fulfillment center facilities, where they can store their redundant products, or rent storage to partake with other businesses. Generally, it's a cost-effective idea for small and medium-sized businesses to lease warehouse and fulfillment center space, depending on the terms of the contracts. Read along to know which storage infrastructure works best for your online business: Warehouse vs Fulfillment Center. In case you're looking to store your business’s inventory until they’re in demand, or small warehouse and fulfillment spaces aren't working out for you, a fulfillment warehouse distribution services is what your business requires. What are Warehouses and When are they Needed for your Business? It is common to compare a warehouse and fulfillment centers although they have significant differences. An eCommerce warehouse is a structure where goods and products are stored for a huge period of time. It is a facility designed to store the inventory of a business in large volumes until they are needed to fulfill an order. The warehouse layout is designed in a way to ensure efficient fulfillment of orders. A fulfillment warehouse is equipped with high shelves, piled with numerous goods, forklifts, and employees moving all around the structure. Operationally, what happens in a warehouse is a static job. Supply chain management includes warehouse management and fulfillment services. [contactus_lilgoodness] What are Fulfillment Centers & When are they Needed for your Business? In the product supply chain, warehouse and fulfillment centers are two distinct but equally significant components. A fulfillment center, like a warehouse, is a huge structure that houses a company's goods. It does, however, serve a variety of other uses. Unlike warehouses, where products are stored for longer durations, fulfillment centers, and micro fulfillment centers only hold items for brief lengths of time before shipping them out. These centers fulfill B2B and B2C orders for retailers, eCommerce companies, corporations, and other businesses. Fulfillment centers are responsible for the complete order fulfillment process in terms of operations. Order fulfillment is the process that begins with the sale of a product and ends with the customer's post-delivery experience. It includes all you need to know about receiving, processing, and delivering orders. After a customer purchases a product from an eCommerce site, inventory is selected, boxes are packed, and labels are applied before being dispatched to the customer's address. Fulfillment centers can handle both B2B and B2C orders, which either refer to large volumes of products sent to a big-box retailer or orders delivered directly to a customer's home. Outsourcing eCommerce fulfillment is a great option because it covers everything from inventory management to negotiating prices with carriers. Outsourcing order fulfillment to a third-party logistics provider can help sellers manage inventory, improve customer experience, and enables more time to be spent on the core activities of the business. The goal of eCommerce fulfillment services is to respond rapidly to incoming requests and deliver products efficiently. Unlike a warehouse, inventory in a fulfillment center does not sit around for long. While startups and small businesses may initially fulfill orders in-house, using a fulfillment warehouse is an important element of scaling up. These terms are sometimes used interchangeably, and warehouse and fulfillment services are frequently provided by the same organization. However, there are significant disparities between the two. Understanding the relationship between a warehouse and fulfillment center, as well as the necessity for both, can help order processing and inventory management greatly. Warehouse Vs Fulfillment Center: 5 Key Differences in 2023 Although the terms warehouse and fulfillment center are sometimes interchangeable, they have very different meanings. Both of these structures house inventory for firms that sell products online. Every fulfillment center is a warehouse, however, a warehouse and fulfillment center aren't always equal. Fulfillment and warehouse logistics are quite similar and can be easily mistaken. Consider geometry courses to help you remember the difference. A fulfillment center and a warehouse are like squares and rectangles when compared. Rectangles are squares, but squares are not rectangles. The main distinctions are the degree of tasks completed inside and the requirements of clients they are each expected to serve. There are many differences between warehouse and fulfillment center services, which are listed below. [table id=2 /] What are the Advantages and Disadvantages of a Warehouse? Advantages of a Warehouse Products are always available: The primary advantage of warehouses is that products are available at all times, so companies need not worry about running short of stock when a need arises. As a result, retailers can focus on other vital issues rather than worrying about product shortages. In other words, just as a salaried individual who saves money does not have to worry about liquidity during a contingency, corporations with warehouses do not have to worry about the supply of goods since they have enough stock to fulfill any increase in customer demand. Sales are never lost: If a company does not have a warehouse and receives a large order from a customer unexpectedly, it has no choice but to refuse the order because there is a limit beyond which it cannot produce goods unannounced, which will result in lost sales and customers gravitating to competitors, causing the company to lose market share. Wastage is reduced: Warehouses have all of the facilities needed to safely store perishable items for extended periods, resulting in less wastage. If commodities are not housed in a warehouse, the possibilities of them being damaged are higher. In other words, because of warehouses, a corporation does not have to worry about wastage if sales are lower than expected. Disadvantages of Warehouses High setup costs: The most significant disadvantage of having a warehouse is the high initial setup cost, which many small businesses cannot pay, forcing them to rely on public warehouses or rented warehouses to store their goods. Simply said, high setup expenses are one of the most significant barriers to a company establishing its own warehouse for storing its items. Additional administrative costs: Another disadvantage of warehouses is that, in addition to the initial setup costs, the company must also pay regular expenses such as warehouse employee salaries, electricity bills, and other administrative fees, all of which lower earnings. The benefits of having a warehouse must outweigh the ongoing administrative costs for the warehouse to be successful. Negligible increase in sales: Warehouses can only assist in keeping a steady supply of items to match consumer demand; however, if a firm believes that establishing warehouses will aid in raising sales, it is incorrect; When a company has a solid product and a good marketing strategy, there will be an automatic reflection in the sales volumes. In other words, warehouses can help ensure that a company's product never runs out, but if the company's product isn't good, owning a warehouse is pointless and wastes resources. As can be seen from the points above, owning a warehouse has both advantages and disadvantages, which is why a firm should weigh the key factors before deciding whether or not to either set up its own fulfillment warehouse or rent out a warehouse from a dedicated company. Suggested Read: Types of Warehouses in eCommerce What are the Advantages and Disadvantages of a Fulfillment Center? Advantages of a Fulfillment Center Enables the company to focus on core aspects of the business: Using a fulfillment center allows you to delegate the fulfillment process to a trusted partner, allowing you to concentrate on growing and promoting your business, increasing sales, and sourcing products. You can enhance the growth of your business when your eCommerce warehouse and fulfillment services are streamlined. Reduction in payroll and benefits costs: Even if you have internal fulfillment personnel, as your business grows, more manpower will be required, which means increased payroll costs and benefit packages, which will eat into your profits. You may also have problems with employee turnover, which can be costly when you consider the time it takes to train personnel to do their roles properly. Minimizing overhead costs: There are numerous fees associated with managing your fulfillment requirements. Warehouse rental, additional employees & salary, equipment, utilities, and warehouse management software will all be expenses. You can forecast your budget and estimate earnings if you choose a warehouse and fulfillment company to manage these areas because you will know the ongoing costs associated with the collaboration. Enables huge shipping discounts: You will almost certainly incur more shipping charges as an individual business than if you partner with a fulfillment center. Because of the volume of goods they manage, fulfillment centers can negotiate lower shipping prices with numerous carriers. Furthermore, because of their proximity to your consumer and how carriers calculate shipping prices, shipping rates would be lower as a whole. Management of Inventory: Inventory management must be done correctly. Managing the inventory of your business can be time-consuming and expensive. Partnering with a fulfillment company relieves you of that load. To monitor and report inventory, the most advanced inventory management systems and software systems are utilized. You always have real-time access to information, so you know how much inventory you have and what you need to reorder. Disadvantages of a Fulfillment Center Although there are a few disadvantages to working with a fulfillment center, certain customers have unique reasons for keeping their fulfillment operations in-house. These are the most significant barriers that hinder business owners from working with a fulfillment center. Relinquishing control: Business owners prefer to have complete control over every element of their daily operations, including warehouse fulfillment services. If you collaborate with a top-rated fulfillment company, the shift will be seamless. All of the advantages will become apparent in a short period, and the ultimate results will speak for themselves. Limitations on customization: When it comes to fulfilling orders, some businesses want to put their distinctive spin on things. The most prevalent areas of customization include handwritten or personalized notes, as well as brand-specific packing materials. It’s true that when you outsource to a fulfillment center, some of these nuances may have to be sacrificed but the lower prices which you can pass on to your clients, coupled with the extra time you can spend building your business, will make up for these tiny things. Possibility of increased costs: While most clients will save money by working with a fulfillment center, there are times when doing so may increase costs, even if shipping fees are saved. This is especially common among merchants who trade in modest amounts and volumes. In the end, these smaller customers may benefit from a fulfillment center collaboration since it allows them to focus on sales, marketing, and overall business growth. Mistakes made by vendors: When you outsource to a fulfillment center, you may not be aware of an issue right away, whether your vendor sends too little or too much product, the wrong product, or worse, damaged items. You may not even be aware of an issue until you receive complaints from a customer. Working with a fulfillment center will help you avoid these problems because we'll keep track of your warehouse and fulfillment process from start to finish. Customers should keep in mind, though, that these things do happen, and that they should be prepared when they do. Fulfillment Warehouse and Fulfillment Center: Which Storage Solution is Suitable for Your Business in 2023? Source Each warehouse and fulfillment service has a distinct purpose. Making the best decisions for your company is critical as a business owner. The capacity to reach a wider network with full operational integration to sustain customer satisfaction is the difference between a fulfillment warehouse and a regular warehouse. Unless the purpose is only to store products for a long period, a fulfillment center's consolidated services are more valuable. Companies who choose to run their fulfillment in-house, limit their options. They're trapped with a limited number of locations if they rely on only one or two warehouse and fulfillment centers, and they struggle to optimize for speedy shipping, which can impair the customer experience. The capacity to pivot fast and go where the people are has become increasingly vital to fulfilling the changing needs necessary for customer satisfaction today. Customers demand the convenience of quick shipping at no additional expense. A warehouse simply lacks the capabilities to provide speedy, flexible fulfillment in a long-term manner. If you want to take advantage of warehouse and fulfillment services, WareIQ can be of great help. WareIQ is one of India’s leading and fastest growing full-stack eCommerce fulfillment companies that offers a variety of services from same-day and next-day delivery, shipping badges and RTO Shield, to state-of-the-art technological solutions such as our custom WMS and our intuitive, well-designed app store. We can take care of your brand's entire fulfillment requirements and ensure that you and your customers get the best order fulfillment in the country with our pan India fulfillment network and have a hassle-free experience and raise satisfaction levels to new heights. [signup] Difference Between Warehouse and Fulfillment Center FAQs (Frequently Asked Questions) What is the relationship between Warehouse and Fulfillment center?A fulfillment center is a sizable structure that houses inventory for a company, much like a warehouse. However, it also has a number of other uses. In contrast to warehouses, where products are kept for longer periods of time, fulfillment centers keep items for only a brief time before shipping them out. What is fulfillment in a warehouse?Fulfillment in a warehouse refers to the process of receiving, processing, picking, packing, and shipping orders to customers. It involves managing inventory, organizing products, and coordinating the movement of goods within the warehouse to ensure that orders are processed accurately and efficiently. Does WareIQ have its own warehouse and fulfillment services?Yes, WareIQ has its large network of warehouse and fulfillment centers which helps to store inventory closer to your customers enabling same day or next day delivery services. What is the difference between warehouse, distribution center and fulfillment center?While the terms warehouse, distribution center, and fulfillment center are often used interchangeably, the key difference is;-The primary function of a warehouse is storage of inventory.-The primary function of the distribution center is to distribute products to their final destination.-The primary function of the fulfillment center is to fulfill customer orders. Do fulfillment centers manage inventory? Yes, fulfillment centers do take care of sorting inventory and keep track of inventory in the warehouse but their main goal is to efficiently ship the orders out to customers as soon as possible. How many square feet are required for a fulfillment warehouse?It will depend upon your growth plan and business type because eventually you would not want to move into, or rent or lease a space that you will immediately outgrow. How are WareIQ’s fulfillment centers and warehouses? WareIQ has an extensive and elastic network of fulfillment centers present across tier-1, tier-2 & tier-3 cities in all zones. Few of the features:• Rapid ramping up of fulfillment infrastructure as required (21 days to go live)• Warehouses of various sizes available - large-sized, medium-sized & small-sized• Highly capable warehouse operations team to enable custom kit creation when required• Temperature controlled fulfillment centers to reduce spoilage of temperature sensitive products• Dark Stores for inventory placement near demand centers, enabling faster delivery Is the Amazon warehouse and fulfillment center the same?Amazon warehouses are called fulfillment centers too because Amazon warehouses not only store products but also serve as distribution centers where associates pick, pack, and ship orders to the end customer.
February 25, 2023
What is eCommerce Warehousing? Definition, Types, Benefits, and Main Factors to be Considered While Selecting Warehouses in 2023
Warehousing plays a pivotal role in traditional enterprises’ functioning. Every eCommerce warehousing supply chain should focus on key factors like location, layout, inventory management, and variety served among others in order to help the organization win over customers on the basis of the cost of the item, quantity, quality, etc. Modern eCommerce firms are no different from traditional organizations in certain regards. It is just that they require a completely different warehousing strategy to meet their customer’s expectations. As per IBEF, India became the eighth-largest market for e-commerce in 2020 with a turnover of over $50 billion, with 19,000+ eCommerce companies, just trailing France but a position ahead of Canada. The industry has leased approximately 4 million square feet of warehouse space, and the top two leaders, Flipkart and Amazon alone, preside over a quarter of the market share. It is also estimated that India will see approximately 7 million square feet of urban logistics space demand in its urban centers by 2023. The stats state that we’re headed for growth in the warehousing and storage sector as companies have started expanding their operations and are looking to diversify their supply chain strategy. Notably, not all companies have the same type of requirement for warehousing, and to understand the nuances, we need to get a better understanding of what eCommerce warehousing actually is. What is eCommerce Warehousing? eCommerce warehousing is the process where the inventory/goods, specifically sold on online channels are stored in traditional warehouses. Just like ordinary warehouses, the critical functions of eCommerce warehouses also include receiving, storing, packing, and shipping. If we look at an eCommerce organization in its infancy, people tend to operate out of their homes. It is manageable to use it as both the receiving and shipping point, while other rooms can be used to carry out the storage and picking functions. It helps save costs and is easier to manage if it is just the family running the organization. This strategy will not last if there is a slight uptick in demand. The minute it picks up the scale, priorities naturally change for such organizations. Depending on the retailer’s strategy, the storage, packing, and shipping methods vary to provide faster fulfillment and to ensure that there is always a stock of in-demand products. Some processes in warehousing and storage in commerce include: Tracking of employee and labour attendanceReceiving goods in the warehousePassing quality checks (if required)Management of inventory (layout, stock keeping, safety stock, and replenishment levels)Picking and packing of orders (based on demand)Shipping/outward bound and reverse logistics. You can read more about Warehouse Management here. [contactus_uth] What are the 8 Different Types of eCommerce Warehousing? Like any other asset of an organization, warehousing can be owned, rented, or shared. Apart from ownership, warehouses are also classified based on their capabilities. Depending upon the warehouse’s cost, usage, functionalities or facilities and the value an organization intends to derive from eCommerce warehousing, it can choose any of the following warehouse types: Public Warehouses Source Public warehouses are a form of warehousing and storage places that are owned by the government but are managed by private entities. They are very affordable and accessible for early-stage eCommerce organizations to store their inventory. They are typically charged for storage and transactions. Government Warehouses Government warehouses are a form of eCommerce warehousing that is owned and managed by the government directly. Common examples of government warehouses are shipping ports and railway courier stations found in harbours and railway stations across India. They are highly affordable, but if the business is unable to pay on time, the government has the right to seize the warehouse and get its dues by selling the inventory of the company. Private Warehouses Large organizations or retailers where eCommerce warehousing requirements are critical, tend to own private warehouses. They are a costlier option as the organization will start incurring warehousing acquisition costs (owning or renting), administration costs such as payments for staff, and securities and running costs such as infrastructure management like water, electricity, etc. eCommerce warehousing owned by giants like Amazon, Flipkart, etc., are examples of private warehouses. Cooperative Warehouses eCommerce warehousing where different businesses come together and use a shared warehouse space is called cooperative warehouses. Companies jointly own this space, and each pays a share of the rent based on their utilized area. Such businesses can either be from the same industry such as an entire village’s farmers owning a warehouse during harvest season or from different industries such as a large-scale construction project with multiple partners. Each one stores its inventory in the warehouse. Even businesses outside the joint ownership contract can place their goods in the warehouse but are usually charged a higher price. Bonded Warehouses Source Bonded warehouses are a form of eCommerce warehousing that is typically used in cross-border trading. Importers can safely store their goods in bonded warehouses provided by the authorities either for shorter or longer durations before the items are cleared by customs. Importers also use these warehouses to store things until they find a buyer and then start the customs clearance paperwork. Smart Warehouses Source Smart warehouses are a form of eCommerce warehousing that is based on the functionalities present in the warehouse. These warehouses are called “smart” because they are usually integrated with cutting-edge technology like Artificial Intelligence, Machine Learning, robotics, etc. This helps the team track and manage inventory in a more efficient way. Fulfillment Centers Fulfillment centers are sometimes also called Distribution Service Centers. Unlike traditional warehouses, the inventory is usually not stored in fulfillment centers for more than a day. They are used in the downstream supply chain (towards end consumers), where these centers can break up multiple shipments and then pick and pack logistics as per specific customer orders. Consolidated Warehouses Another technique of eCommerce warehousing that traditional firms follow, is leasing a consolidated warehouse, either for bulking together source orders to be delivered to different customers or for bulking together customer orders from various sources. In the first case, it acts as a collection center, and in the second case, it essentially serves as a fulfillment center. Still, the inventory might be stored in consolidated warehouses for more than a day. While the first five types differentiate eCommerce warehousing based on ownership, the last three types of warehousing describe their capabilities and functionalities. Apart from the eight common types, some warehouses have cold storage capabilities, and they are found among businesses dealing with fresh produce, meat, and the processed food industry. How to Maximize Efficiency While Using eCommerce Warehousing? Maximizing the capabilities of eCommerce Warehousing (private, public or cooperative) is common among eCommerce companies that have a decent number of orders being processed daily. In such cases, eCommerce companies should possess the appropriate warehouse area and maximize their efficiency to be competitive. This can be done in the following ways: Network Design It is important to note that a company’s eCommerce warehousing and storage network design plays a crucial role in determining its supply chain efficiency and customer satisfaction. Companies need to decide the number of warehouses along with their location. They can opt for them to either be closer to the source or destination. Notably, as we keep increasing the number of warehouses, transportation costs might decrease, but warehousing costs increase. Apart from the warehouse location, other factors that contribute to network design are transportation policies, practices, modes, service times, costs, taxes, cash flows, and a proper P&L calculation to determine its efficiency. Warehouse Layout Once the number and location of the warehouse have been decided, the eCommerce company needs to determine the size and the layout of the warehouse. This plays a crucial role when organizations try to maximize the efficiency of the warehouse. There are three significant warehouse layouts designs that 3PL companies follow: U-Shaped Warehouse LayoutI-Shaped Warehouse LayoutL-Shaped Warehouse Layout Although a U-shaped warehouse is the most common layout, factors that influence picking a suitable eCommerce warehousing layout include: The number and location of receiving and shipping docks within the warehouse.The Storage and size that is required, along with the designated picking and packing areas.The amount of space that employees can access and move around. Depending upon overall objectives, processes involved, and the warehouse blueprint that has been finalized, some companies tend to process as high as 1.5 tons in 100 square feet. In contrast, others can hardly process 150 kilograms in 100 square feet (considering tonnage processed per 100 square feet as a metric). Inventory Management It is necessary to ensure that there’s a good amount of inventory stored in the warehouses so that customers get their orders on time. Overstocking should be avoided, which increases eCommerce warehousing costs and inventory carrying prices. Although manufacturing organizations strive to be just in time, it is necessary for eCommerce warehouses to store products based on necessity. By analyzing how products are stored within the warehouse and the movement of goods in and out of the warehouse, it is possible to state that it has a well-developed system. Some standard methods used by warehouse managers for inventory analysis include; ABC analysis: Stocks are ranked based on the highest amount of revenue and margins to the lowest amount of revenue.VED analysis: Items are classified as vital, essential, and desirable.FSN analysis: Inventory is classified as fast, slow and non-moving Apart from those mentioned above, other techniques include HML and SDE analysis, which are standard in eCommerce warehousing with raw material inventory for manufacturing. These items are classified as high, medium, and low cost, based on FIFO or LIFO inventory cost accounting, or as scarce, difficult, and readily available, based on availability. Warehouse Management Systems Warehouse Management Systems (WMS) provides end-to-end solutions, from employee attendance to final dispatches, so definitely a boon for eCommerce warehouse management. Warehouse management systems are in sync with the warehouse design. The layout, picking and packing, and labour and dock management processes are done smoothly and on time. Warehouse management systems can also vary widely in complexity. Smaller organizations tend to stick to essential hard-copy documents or spreadsheet files to track the storage and movement of inventory. However, as smaller businesses grow to become medium-sized businesses or enterprise companies, it would be beneficial for them to have sophisticated WMS software. These warehouse managing systems could either be a part of the enterprise resource planning systems (ERP) or standalone WMS systems integrated with ERP for record maintenance purposes. When deciding to own a warehouse, some companies build their warehouse management system from scratch to accommodate all the required configurations, while others implement existing software programs, customized for different use cases. Having a warehouse managing system will only help the organization maximize efficiency while using eCommerce warehousing. WareIQ Fulfillment Centers What are the Benefits of eCommerce Warehousing and Storage? eCommerce Warehousing has unique capabilities that enable the best service to eCommerce companies. This is mainly due to the differing priorities between traditional and eCommerce companies. Some obvious benefits include: Single Item Picking Traditional companies’ warehouses are typically planned to cater to bulk orders. Bulk orders could either be a single large appliance or multiple smaller items. For example, in a retail supermarket chain, the warehouses are used to process large replenishments of orders for the actual supermarket. They usually tend to be a whole truckload of items to serve different outlets across the region. The end customer buys the final item, which is either a single product or an entire cart of groceries. In the case of eCommerce warehousing, we skip the retail outlet part and enable the customer to order directly from the warehouse. Customers can order an item as small as a box that can be shipped from across the nation. Faster Delivery One of the biggest advantages for eCommerce companies has been the speed of delivery promised to customers. Thanks to eCommerce warehousing companies, same-day delivery has now become a norm. We have also seen companies slowly trying to capture the instantaneous delivery market were promised delivery times are as low as 10 minutes. All of these have been made possible by eCommerce warehousing, which looks at factors right from the network design of fulfillment centers to the way operations are planned within the dark store models for faster picking and delivery. Read our blog on shipping aggregators to better understand how they can complement warehousing facilities to enhance your fulfillment services to your customers. Inventory Tracking Some pain points of traditional warehouses include missing, damaged, or wrong item cases and all of this arises due to a lack of proper inventory tracking mechanisms. Some warehouses still tend to operate with pen-and-paper processes, which results in a lot of manual errors. In the case of eCommerce warehousing, they are usually led by technology. This enables them to track every aspect of inventory management which reduces manual errors to a great extent and some services also provide fulfillment status services to both the retailer and customer. Moreover, the orders are tracked at the customer level, and customer feedback is immediately mapped to the order to take corrective and preventive actions in case of any errors. eCommerce Warehousing With a 3PL: How Does it Make Your Life Easier in 2023? 3PL companies often provide features and facilities in their warehouses that companies simply could not obtain on their own without spending a significant amount of capital in doing the research and implementing the technology. It is always easier for eCommerce companies to partner with a 3PL so that they can take advantage of the wide range of benefits on offer. Additionally, these services are often very cost-effective because 3PL companies do their best to win over customers from the competition by gaining their attention with attractive pricing. Some of the reasons that eCommerce companies should opt for eCommerce warehousing with a 3PL company are: Access to advanced technology such as WMSAbility to automate multiple important warehouse processesMitigation of errors and accidentsUse of smart inventory placement to strategically place inventoryAccess to cheaper and more transparent pricingReduction in time and effort in order fulfillmentAccess to ultra-fast deliveryChoice of a variety of shipping aggregatorsAccess to multiple warehouses and fulfillment centers across the countrySpecialised features such as cold storage and climate-control facilities 6 Main Factors to Consider while Selecting an eCommerce Warehousing Service The choice of which eCommerce warehousing service is right for your business is determined by many factors such as ownership, network design, cost, and service levels. If the company plans to own the warehouse, network design comes into the picture. The number of warehouses relates to the appropriate level of service for the clients. For example, if there is only a single warehouse for the whole country, it will have a negative impact on the delivery timelines of goods to the customer. In the case of owning the warehouse, it also becomes a tedious task to strategize ways for efficient management while scaling the organization. In most cases, retailers partner with warehousing organizations that already have the necessary infrastructure to support scale. Here are the best practices for selecting an eCommerce warehousing service; Count of Warehouses The number of warehouses possessed by the eCommerce warehousing service and their locations plays an essential role in determining viability. eCommerce companies need to be clear on where they want the warehouses to be located to maintain a steady supply of goods and maintain customer relationships. Capacity of Warehouses eCommerce warehousing services have a defined capacity. It is always essential to understand the companies’ capabilities and ensure it aligns with the eCommerce warehousing service before deciding to partner with them. Capability of Warehouses eCommerce warehousing capabilities broadly include faster shipping times, better inventory management, tracking capabilities, transport partnerships, cold storage facilities, technological advancement and much more. Cost of Warehouses Even though the costs of maintaining a warehouse do not fall directly under eCommerce companies now, they need to consider other expenses like storage cost per day, the transaction cost for shipping, etc. Client Base of Warehouses The existing client base of eCommerce warehousing services speaks volumes about their capabilities and offerings. It is easier to evaluate them based on customer reviews. Communication of Warehouses Communication serves two purposes. In the case of newer warehousing and storage services that are entering the market, it is difficult to evaluate them based on their clientele, as they have fewer clients that can speak on behalf of the eCommerce Warehousing service that they have partnered with. During such situations, the timely communication practised by its operators plays a crucial role in determining their services. Also, expecting accurate analytics such as reports of inventory stored and on-time deliveries is vital for eCommerce businesses to measure the performance of their supply chain. Most eCommerce storage and warehousing services give clear ideas about their services and work as partners to enable the growth of their partner organizations. The eCommerce companies need to pick and choose the right fulfillment partner and scale from there. Read our blog on logistics costs to get an idea of what expenses an eCommerce retailer incurs and how to mitigate them. Conclusion: Why is eCommerce Warehousing Right for Your Business? The frequency of emergence of online retailers is the result of multiple benefits that come with operating on the virtual market. One of these is the lack of necessity to own a warehouse as eCommerce warehousing requirements can be offloaded to dedicated companies. Furthermore, firms try to operate by the Just-in-Time system that envisages possessing the least amount of warehouse stocks. Attempts to restrict them are associated with the desire to reduce costs; however, there are no possibility to eliminate them. The flow of material goods within the framework of the logistics chain is not constant but first and foremost results from restrictions on geography and time. Hence, although owning a warehouse is not necessary in the case of an online shop, availing its surface area as a temporary place for storing goods appears to be an intrinsic process in the servicing of the eCommerce supply chain. These days, most online sellers opt to partner with fulfillment companies to ease the requirements of their business which helps them in eCommerce warehousing. These fulfillment centers not only provide warehousing services, but also assist with branded shipping, eCommerce logistics, and a lot more during both pre and post-sale of any products. WareIQ can step in to empower businesses to flourish online. WareIQ is a top player in the eCommerce fulfillment services space for some of the most reputed brands in India. WareIQ enables same-day delivery and next day delivery – an Amazon Prime-like experience for eCommerce players by storing inventory closer to the end customers. WareIQ optimises delivery speed & costs through a nationwide network of fulfillment centers, micro-fulfillment centers & urban dark stores. It empowers online & D2C brands to sell faster, sell everywhere & sell more by providing easy integrations to 20+ online marketplaces/platforms. With world-class WMS functionalities, WareIQ handles the entire range of intricate operations in the eCommerce fulfillment process, ranging from Inbound Operations such as scanning and quality check, through 100% accurate Pick and Pack, to Inventory Management across all channels. WareIQ’s next day delivery and same-day delivery services are helping eCommerce businesses set new standards with respect to setting customer expectations and fulfilling them with high efficacy. Also read warehouse vs fulfillment center. At the same time, WareIQ customers realise significant cost savings and wider reach due to better negotiations with shipping partners, strategically placed warehouses, economies of scale and scope in warehousing, and data-driven decision making. [signup] eCommerce Warehousing: FAQs What is eCommerce warehousing and how does it work? The storage of physical items before they are sold online is referred to as eCommerce warehousing. Warehousing entails not just storing products safely and securely but also keeping track of where they are, when they arrived, how long they've been in stock and the quantity available at any particular time. Does eCommerce involve warehousing?In an eCommerce business, warehousing plays a vital role. It does not matter if your business is big or small, you will always need to keep your inventory safe and secure in storage and that is what warehouses are for. Warehousing vs Distribution Center. What is the difference?Warehousing is a place where you only store the inventory. On the contrary, distribution center stores products, distributes them and ships them to the final consumer. How many types of warehouses are there?There are many types of warehouses but 6 of the most common have been listed below:• Distribution Centers.• Public Warehouses.• Private Warehouses.• Bonded Warehouses.• Climate-Controlled Warehouses.• Smart Warehouses. How to set up an eCommerce warehousing and storage center?• First, finalize how much space you require• Note down all the essential warehouse equipment you need• Figure out ways to automate processes that need to be repeated• Optimize pick paths• Establish warehouse guidelines• Upskill and train your staff• Choose the right Warehouse Management Software What are the advantages of using an eCommerce warehousing service?There are several advantages of using an e-commerce warehousing service:i) Cost savings: Warehousing services can often provide cost savings compared to maintaining your own warehouse. This can include savings on rent, utilities, and other overhead costs.ii) Flexibility: Warehousing services can offer flexibility in terms of the size and location of the warehouse, as well as the duration of the contract. This can be useful if your business experiences seasonal fluctuations in demand.iii) Improved efficiency: Warehousing services can often provide more efficient and accurate inventory management, as well as faster order fulfillment. This can help improve customer satisfaction and reduce the risk of errors.iv) Scalability: Warehousing services can be scaled up or down to meet changing business needs. This can be useful if your business experiences rapid growth or if you need to reduce your warehouse space.v) Expertise: Warehousing services often have experienced staff who are trained in inventory management and other logistics tasks. This can be useful if you do not have the necessary expertise in-house.By using an e-commerce warehousing service, you can focus on other aspects of your business while still being able to efficiently manage your inventory and fulfill orders. Does WareIQ provide eCommerce warehousing?Yes, WareIQ has a network of warehouses, fulfillment centers, micro-fulfillment centers and urban dark stores across India that allows eCommerce businesses to store inventory closer to their customers & reach them faster.
February 10, 2023
10 Best WMS Softwares (Warehouse Management System Softwares) Along With Pricing and Reviews for WMS Solutions in India in 2023
Have you ever thought about the complexity that a selling platform like Amazon, Flipkart, eBay etc. faces while selling products? Billions of items, millions of buyers, and thousands of variety of warehouses, employees, and machines. Because of the sheer scale, it is extremely difficult to manually manage all these processes. This is where WMS software can play a big part in increasing efficiency and mitigating errors. In the last 4 to 5 years, WMS software has emerged as a multitasking tool for industries. You may know about the Internet of Things (IoT) which has made eCommerce warehousing and inventory relatively easy to manage. If you are an online seller that is willing to sell across multiple channels for growing your business in the virtual internet market, you need to choose WMS software to run things smoothly. What is a WMS (Warehouse Management System) Software? Warehouse Management System (WMS) Software is a new-era software solution used by eCommerce businesses to manage their entire inventory and supply chain fulfillment operations from the warehouse distribution centers to the store shelf/warehouse. When the inventory levels and workload are higher than what can be handled manually with spreadsheets, WMS solutions are employed by enterprises to meet the unique customer demand requirements of their supply chain and distribution channel. It assists warehouses and fulfillment centers in planning, organizing, staffing, directing, and controlling by utilizing the available resources to move and store materials into, within, and out of a warehouse. It also aids employees in the movement and storage of materials in and around the warehouses. WMS software is used to keep track of warehouse activities from the moment products are delivered to the moment they leave. Inventory management, picking processes, and auditing are among these operations. The solution aids in the reduction of lengthy paperwork involved as well as the reduction of human errors caused by storage processes and manual picking. As a result, you will save time, which will increase staff productivity, and efficiency and lower operational expenses. [contactus_lilgoodness] What are the Features of WMS Solutions? Inventory Management and Analysis Many of the top WMS solutions include capabilities that enable businesses to gather data from warehouse operations. Companies benefit greatly from real-time tracking, especially when it comes to inventory management. This allows you to check your inventory levels in real-time, so you'll always know whether you're running out of anything or have too much stock in hand. Other tools may filter data for KPI analysis, emphasizing areas where improvements are needed. Warehouse management software determines what is happening in a warehouse and where attention is required. Collecting high-quality data assists decision-makers in determining whether or not to make changes to important business processes, as well as in planning for the future. Accurate and effective inventory tracking is one of the key advantages of RFID-integrated WMS. Individual items or entire pallets can have RFID (radio-frequency identification) tags affixed to them, and RFID scanners can automatically read the tags. Without the need for manual scanning or data entry, this enables warehouse employees to track the location and movement of inventory rapidly and accurately. Tracking and Forecasting This feature helps to increase customer satisfaction. A buyer before placing an order, checks the serviceability of their location and when it will be delivered. After placing an order, they get an estimated time of arrival (ETA) and can keep track of their order shipment. Sellers also track the order and can identify and correct any delays that crop up. Due to the WMS's ability to detect differences between the physical inventory and the digital record, RFID-integrated WMS can also aid in minimizing the chances of mistakes and inconsistencies in the warehouse. In addition to improving order tracking, RFID tags are used to trigger automated putaway and replenishment of SKUs, reducing the time and effort required for these tasks. Order and Fulfillment Management One of the primary WMS software functions is order and fulfillment services process optimization. WMS solutions help to improve order management by regulating the movement of a product through your warehouse. Users can utilize reorder features to automatically order components or products that need to be replenished on a regular basis. Some WMS solutions give users access to carrier networks, which can help them expedite branded shipping. Warehouse managers can eliminate time-consuming human input chores as automation integration becomes more common. Incorporating robotics, artificial intelligence, and machine learning into WMS systems can significantly improve efficiency and speed. Picking robots can locate and move things without requiring workers to run back and forth between product and shipping regions. Transportation Management Though transportation management can be considered a different category in and of itself, WMS software frequently includes transport management system (TMS) functions. As an integral aspect of supply chain management, TMS software can directly affect and improve warehouse management. If you require transport management facilities, consider seeking a WMS software that includes it. Labor Management WMS solutions aid warehouse managers in monitoring worker performance through the use of key performance indicators. With this approach, workers who are doing poorly, as well as those who are performing amicably, can be readily identified. Warehouse Management System Software consisting of labor management can help identify your employees, keep track of their schedules, and assign duties to them. Employees can clock in and out using simple pins or fingerprints that keep track of their log-in and log-out time. What Businesses Would Be Best Suited for Warehouse Management Software? WMS software is enabled with several facilities and gets updated and becomes smarter day by day. It is used in many industries to make their tasks easier and automated. These days, every company is using it according to their business size and complications. It can be customized for various types and sizes of businesses. Some industries use WMS solutions on a very high scale to efficiently run warehouse management processes. Some of them are listed below: Manufacturing Source Manufacturing industries have complicated warehouse requirements which makes WMS software an important tool for them. They deal in several types of products, materials and packages of varying sizes, volumes, rates, etc. Also, these items have different manufacturing timelines which needs to be segregated into pre-existing goods and newly created goods, and WMS solutions help to ease the process. Wholesale Distribution Source WMS software helps wholesalers to manage their complex supply chain and maximize accuracy. It allows them to utilize inventory space with exact quality deployment, fulfill orders faster, and manage multiple warehouses, combining cross-docking and advanced picking features. Consumer Goods and Retail Source You can observe that these days, there are multiple grocery stores that have a daily shortage of inventory and have hundreds/thousands of orders to fulfill across one city or in multiple cities. This complex management, if handled by humans, will increase time usage and have higher chances of inaccuracy. WMS solutions make it simple, and smooth and utilize resources at their highest level of efficiency. Third-Party(3PL) Logistics Companies Source Warehousing is a crucial operational function for a 3PL because its business is to manage the eCommerce logistics and orders of its partners. As a result, a 3PL always uses advanced WMS solutions. Most WMS suppliers provide packages tailored to the complicated structure of a 3PL warehouse, which must keep a multitude of items, owners, vendors, and order systems, distinct and working. As they are in the business of eCommerce fulfillment, they use technology according to their partners’ needs, work models, and functionality by giving them personalized service. The 3PL can deliver reports and metrics of their sales, orders, inventory, etc, using WMS software. Customers can also manage data by generating customer-specific dashboards. Hospitals and Health Care Source This industry does not have a large inventory or a huge number of orders to fulfill although there are several factors like special storage conditions, a limited shelf life, requirement for 100% accuracy, ultra-fast delivery etc. and if any mistakes occur, it could result in the loss of lives. Here a single piece/item can affect the reputation of a seller, manufacturer and any person related to it. What are the Benefits of WMS Software Solutions? Optimizes Space and Lowers Operating Expenses Warehouse Management System Software utilizes the floor space and reduces the amount of empty space. Through technology, it optimizes the area and the dimensions of products that are kept there. It keeps track of every item’s entry and exit and the actual space left in the warehouse. Material rotation can also be aided by WMS solutions, whether through First-In, First-Out (FIFO), Last-In, First-Out (LIFO), or First-Expired, First-Out (FEFO) procedures. The WMS software can assist with any rotation rule that is desired. LIFO allows for the most efficient utilization of space and mobility. Product quality can be maintained by using FIFO or FEFO to keep products from expiring in the warehouse. Increases Visibility of Inventory Warehouse Management Software enables sellers to have an exact count and check inventory levels. It shows in real time, the product count, colour, size, holding period, etc. Features in WMS software to calculate the MOQ and EOQ can help sellers to predict when they will be short of inventory so that they can reorder again with the minimum inventory cost. Increases the Effectiveness of Labor A big or a small business should always take care of the utilization of its resources in the best possible way. The WMS software helps you gauge the potential of your workforce, keep them involved in the right direction and evaluate them on a day-to-today basis and throughout working hours. Optimizes the Supply Chain The WMS software can suggest the nearest warehouse to either the manufacturing unit or areas of high demand if a seller is using multiple warehouses. It optimizes and tells the seller about cross shipments to reduce logistics cost and timing. This helps in segregating the product batch right from picking and packing to the last mile delivery option. A better supply chain will give a more personalized touch to the buyer at the same time. Auditing of Internal Automation You as a businessman always need to keep auditing your business and also compare it with others or yourself in different periods. Due to lack of time and resources, you may do it once in a while but with WMS solutions, you can easily do a holistic audit of your business regardless if it is tangible or intangible. 10 Best WMS Software for eCommerce Warehouse Management in India [Updated March 2023] WareIQUnicommerceIncreffNetSuite WMS (Oracle)Fishbowl Inventory3PL Warehouse ManagerVin eRetail WMS (Vinculum)QuickBooks Commerce (formerly TradeGecko)SAPTECSYS WMS WareIQ Source WareIQ empowers eCommerce businesses with fulfillment centers near customers and tools to maintain control over inventory, orders, and pre & post fulfillment, in a single platform. It is led by experts that are experienced in working with eCommerce giants. It provides insights on the right network design & inventory placement to improve inventory returns and increase regional fulfillment share. WareIQ’s WMS software offers a 360-degree Analytics Engine for Business Growth. Data shows that brands that partnered with WareIQ surged tenfold annually in terms of order volume growth. It has been possible because of smart inventory planning with high-end technology using AI, ML, and IoT. With the extended version of WMS software, sellers can manage high-volume warehouse operations with integrated complex supply chain logistics and keep eye on all the warehouse KPIs. It also helps in their warehousing and distribution processes, delivering high levels of efficiency, control, and visibility. Key Features of WareIQ: Easy integration across multiple online platforms & marketplacesML-based prediction engine for efficient warehouse network design & smart inventory placementCentralised platform for core fulfillment & shipping operationsBranded TrackingRTO ShieldBest Courier Partners to Optimize LogisticsCustomer FeedbackShipping BadgesScan-based GRN to assure 100% accuracy Pricing Sign Up Now with WareIQ to know the platform pricing to accelerate the sales of your eCommerce business. WareIQ's WMS is a part of their unified fulfillment tech platform where you can efficiently manage warehouse operations, orders, inventory levels etc from a single platform. WareIQ offers the best price and services to its clients when compared to other WMSs available in the market which don't provide a unified experience. Unicommerce Source Unicommerce's advanced WMS software recognizes the dynamism necessary in a warehouse solution, whereas conventional warehouse management software merely handles the stock location and stock level of commodities in a warehouse. Unicommerce helps you: Centralize the critical functions that are required in omnichannel retail situationsMaintain healthy stock levels and ensures location-allocation in numerous warehouse sitesManage 6000+ warehousesAutomate purchase management while tracking and routing shipments. Pricing Unicommerce has 3 pricing plans as per business type: Standard: Suitable for micro-businesses with a minimal need for automationProfessional: Suitable for companies in the growth phase looking to improve their operating capabilitiesEnterprise: Suitable for enterprises looking for a WMS with full-fledged features Pricing isn't transparent on the website and you would have to book a call with their sales team to know the exact price. Unicommerce's pricing plans are based on various factors like no. of SKUs, returns management, user roles, payment reconciliation methods, customer/API integration, vendor management capabilities etc. Increff Source Increff is a simple and efficient web-based multi-channel order fulfillment and WMS software. It’s WMS solutions provides a single view of inventory across all marketplaces and seamless management of orders. Increff provides the following services: Handles manpowerEasy OperationsBuilt for scale100% scan based with unpaid principal balance integration for complete trackingMulti-system integrationSingle window for end-to-end operationsWMS deployed remotely in less than 7 days Pricing Increff's pricing is not mentioned on their website. However, as per Capterra, Increff's pricing model is usage-based and payment frequency is per month. NetSuite WMS (Oracle) Source Industry-leading methods such as mobile RF barcode scanning, specified strategies for storing items, job management, last mile delivery management, return authorization receipts and inventory cycle count plans are all part of the NetSuite WMS software solution. If you rely on spreadsheets to manage hundreds of SKUs across numerous sites, warehouse management may soon become a laborious, messy, and wasteful operation. A few of the benefits are listed below: NetSuite WMS eliminates manual processesIt helps you to minimize logistics costsTracks the entry of goods, the movement of workers inside the warehouse, and their exit in real-timeScan barcodes using a mobile device to simplify entering dataMakes the best use of available space and choose the best storage options with easeIncreases opportunistic multi-order picking and pick path efficiencyReduces wrong selections and inaccurate fulfilment by validating the data Pricing On its website, Oracle NetSuite doesn't provide a list of fixed prices. It varies depending on the product configuration that your business chooses, the add-on modules needed, the number of users overall, the length of the contract, and the requirements unique to your industry. As per Business News Daily, prices for Netsuite WMS start at $99 for a monthly subscription, but the total price will depend on the solution you want. Implementation of Oracle NetSuite WMS has even higher charges with costs going up to a few thousands of dollars. Fishbowl Inventory Source With Fishbowl Inventory's WMS, you can get complete visibility into your production and warehouse activities, simplify interconnections, and expand your company - in weeks, not months. It has a unified platform to manage manufacturing, warehousing, and inventory processes. When you order new products, Fishbowl’s WMS immediately generates a Purchase Order and bills it to QuickBooks. A few features are listed below: Ability to scan things into your warehouse with a wireless mobile deviceEnables you to store them in their designated location in your warehouseAllows you to create several work orders and bills of materials for complex jobsEnables you to choose things from your shelf, pack them and ship them to the customer when a sales order is received.After the transaction, Fishbowl sends an invoice to QuickBooks, which is updated with all the financial information. Pricing As per Fishbowl Inventory's website, there are 3 pricing plans as per the product features you choose. Go (coming soon)DriveAdvanced Various product features listed on the pricing plans are monthly/annual billing, warehouse management, inventory management, integrations, payment processing, dedicated account manager etc. 3PL Warehouse Manager Source 3PL Warehouse Manager’s entire staff is dedicated to developing supply chain WMS software based on the best practices of 3rd party logistics, with over a decade of experience working with top-performing 3PL facilities. One of the most popular cloud-based WMS solutions, 3PL Warehouse Manager makes it simple for warehouses to manage inventory, automate regular processes and provide total visibility to their clients. Some features are: The WMS system swiftly transforms paper-based 3PLs into service leadersAllows operations to be done more efficientlyIs trusted by over 1,500 3PL warehouses to help them build their businesses. Vin eRetail WMS (Vinculum) Source Vin eRetail delivers a one-stop solution to all of your marketplace listing-related difficulties through its WMS software. It allows users to digitally upload catalogs i.e helping in catalog management for numerous marketplaces by providing import templates tailored to each portal's needs. It provides the following services: Category-specific templates for uploading all product-related information to a single siteUser-friendly; helps users to view each item and its details and choose which marketplaces to list the item onPreparation to upload templates particular to each marketplace Their basic plan includes these features: Maintenance of master data with cloud storage7 possibilities for real-time payment and inventory reconciliationAnalytics dashboard for salesGST-compliant reportsReport on a monthly business analysisConsultation on dispute resolutionChat and email help Pricing As per their pricing page, Vinculum has an elastic pricing model that has 2 types of plans which are further divided into tiers. Vin Reco Past: This plan has a one time past reconciliation of 17,999 INR. In this plan, you receive a package of scenario-based reconciliation reports for the previous months (recoverable and non-recoverable leakages identified). Various payment and inventory scenarios are included in this plan.Subscription Plans: This plan is further divided into 3 tiers. It can be billed monthly or annually, in which you save 10% if billed annually.Vin Reco Express: Starts at 7,499 INRVin Reco Professional: Starts at 17,999 INRVin Reco Enterprise: Starts at 29,999 INR QuickBooks Commerce (formerly TradeGecko) Source It is a powerful eCommerce platform for multiple channels and wholesale businesses specializing in B2B sales models. It offers: Multiple inventory control and tracking featuresSeamless integration with Amazon, Shopify, Magento, ShipStation, WooCommerce, etc.Forecasts demand and generates purchase ordersCustomer insights, forecasting and reportsMultiple catalogs options and price lists with individual discount options Pricing There are a total of 4 plans available for QuickBooks Commerce, and based on your needs, you may choose to pay annually or monthly. You will receive a small discount for making annual payments, typically up to 20% off your subscription. An annual purchase is typically a wise decision if you don't mind being bound into the same program for a time. The plans are mentioned below: Founder: Starts are USD 39$ per monthLite: Starts are USD 79$ per monthSmall Business: Starts are USD 199$ per monthBusiness: Starts are USD 599$ per month The fact that each QuickBooks Commerce pricing plan includes a free trial is another crucial point to keep in mind. You can evaluate the services that QuickBooks Commerce can offer throughout the 14-day free trial period before spending any additional money. Source SAP Source SAP has flexible WMS software where a seller can manage a high volume of goods and run agile operations with digitized and accelerated warehouse processes. Its key features are: On-premise and cloud deployments Comprehensive WMS solutionsFully integrated quality, production and track-to-trace processesReal-time control of warehouse automation equipment Pricing SAP EWM for SAP S/4HANA Cloud's pricing is communicated on request. It isn't available on their website. They also have a disclaimer on their pricing page that "pricing information is subject to change and should not be considered an offer by SAP or its affiliates." Users can also ask for add-ons features for the WMS whose pricing might further increase. The benefits of those add ons are: SAP S/4HANA enterprise warehouse management via cloud deploymentrunning with a variety of corporate management systemsMost rapid time to value for new implementationsIntegrated warehousing solutionProcesses for quality, production, and tracking are completely interwoven TECSYS WMS Source Tecsys is a global supply chain solutions provider. It is growing with industry-leading services and tools to achieve operational greatness. It was incorporated in 1983 with its headquarters in Montreal, Canada. It has 600+ customers. It features a cloud-based system, the best system for medium and large organizations. It’s WMS software has received the Technology Innovation Leadership Award. Some of its features are: The streamlined inbound and outbound flow of InventoryWarehouse resource optimizationOpen and flexible automation connectorsEasy deployment and onboardingControl in transportation managementFIFO and batch control Pricing According to the kind and scale of the warehouse(s) to be handled, Tecsys WMS is a standard programme with three standard settings for webshops, wholesalers, and 3PLs, respectively. Pricing hasn't been mentioned explicitly on the website. However, various parameters considered in pricing are mentioned below: License/Subscription Cost: On-premise or cloud-based SaaSMaintenance CostImplementation/Installation CostData Migration/Change Management CostRecurring/Renewal Costs Conclusion: Why is WareIQ’s WMS the best Warehouse Management Software for eCommerce Fulfillment in 2023? After getting in-depth knowledge about WMS software and its functionality, you as a seller are at the point to choose your partner for warehouse management to get all the benefits and services and achieve growth in your business. It not only reduces the need for resources but also utilizes them to keep their performance on track, guiding them to work accurately. For such tasks, WareIQ has user-friendly Warehouse Management Software. Its WMS is customized and created for eCommerce businesses so that they can perform all warehouse-related tasks in a single location which reduces complexity. WareIQ acts as an aggregator for all businesses of all sizes and provides multiple benefits to its partners. Apart from the mandatory benefits that come under WMS software, it provides extra real-time features to their customers that help them in growing their business. A few of the unique benefits are: A single platform for multi-channel sales fulfillmentSmart picking and packaging servicesRTO Shield to reduce RTO expensesSmart MOQ & EOQ calculators for smart warehouses and multiple warehousesSmart inventory management WareIQ is one of India’s leading and fastest-growing full-stack eCommerce fulfillment companies that offers a variety best fulfillment services from same-day and next-day delivery, shipping badges, RTO Shield, state-of-the-art technological solutions such as our custom WMS and our intuitive, well-designed app store. We can take care of your brand's entire fulfillment requirements and ensure that you and your customers get the best order fulfillment in the country and have a hassle-free experience and raise satisfaction levels to new heights. [signup] WMS Software FAQs What are the common features people look for in a WMS software?People often look for the following features in a WMS software: Inventory Management, Order Management, Barcode Scanning, Real-time Inventory Tracking, Automated Data Collection, Warehouse Design and Optimization, Shipping and Receiving, and Reporting and Analytics. What are the compatibility requirements people look for in WMS software?People often look for WMS software that is compatible with their existing systems, such as ERP and e-commerce platforms, as well as any mobile devices and barcode scanning equipment used in the warehouse. What are the main benefits of WMS?By monitoring work processes at multiple levels, raising productivity and increasing asset utilization, the WMS will improve a company's operational efficiency for both labor and physical space. Inventory control is aided by WMS automation, which enhances accuracy, output, and speed. Which WMS software is best for warehouse management in 2023?Top 10 Best Warehouse Management Software Systems (WMS) In 20231. WareIQ2. Unicommerce3. Increff4. NetSuite WMS - Oracle5. Fishbowl Inventory6. 3PL Warehouse Manager7. Vin ERetail WMS - Vinculum8. QuickBooks Commerce (formerly TradeGecko)9. SAP10. TECSYS WMS What are the different types of WMS systems?Standalone systems, ERP modules, cloud-based systems, and supply-chain modules are the most popular forms of WMS. They all have different benefits for different warehouse needs. How is WMS pricing typically structured?Warehouse management software (WMS) is typically priced in one of two ways: as a one-time license fee or as a subscription-based service.i) One-time license fee: In this type of licensing scheme, the company just has to pay a single up-front cost to obtain the software. This charge might also cover the price of ongoing assistance, training, and implementation. The company is in charge of maintaining the software and handling any changes or upgrades.ii) Subscription-based service: A firm uses this pricing plan to access the software by paying a recurring cost, typically on a monthly or annual basis. The cost of hosting, upkeep, upgrades, and support may be included in the fee. Since the software is often offered as a cloud-based service, the company is relieved of the responsibility of installing and maintaining it on its own servers. How is WMS software usually deployed?Warehouse management software (WMS) can be deployed either on-premises or as a cloud-based service.i) On-premise model: In this WMS deployement model, the company's own servers and IT infrastructure are used to install and run the program. The company is in charge of the software's upkeep and updates, as well as supplying the infrastructure and hardware required to support it. Businesses that have the internal IT resources and know-how to operate the program, as well as a critical requirement for modification or integration with other on-premises systems, may find that on-premises deployment is a smart alternative.ii) Cloud-based SaaS model: In this method of WMS deployment, the business receives the software through a web browser that is delivered as a service over the internet. The vendor hosts and maintains the software, and the company is charged a subscription fee to utilize it. Businesses that need the flexibility to scale their use of the program up or down as necessary or who wish to reduce their IT infrastructure and maintenance costs may find that cloud-based deployment is a smart alternative.
February 10, 2023
List of Top 10 Warehousing Companies in Delhi NCR Providing Best Warehousing Services in 2023
"India has experienced substantial growth in its logistics sector. By 2025, it is expected to be valued at $380 billion." According to a recent McKinsey Global Institute prediction, Indian warehousing and logistics spending is expected to rise by more than 10% CAGR from $200 billion in early 2020 to at least $320 billion in 2025. Additionally, a pandemic in 2020 forced businesses to create cutting-edge solutions, which changed the corporate environment. Over the past two years, the Indian logistics industry has slowed and is abruptly gaining momentum. The new policies have provided the sector with a much-needed boost. Metro cities are in dire need of logistics and warehousing companies. Here we will talk about warehousing companies in Delhi. The expansion of eCommerce has significantly changed corporate development strategies. Nowadays, companies can function without having a physical site. There shouldn't be a cap on the hours spent in the internet and digitalization era. Online marketplaces give vendors the flexibility to meet customer wants whenever they arise. Due to the rapid growth of online shopping, urbanization, and new technology, which has an impact on all facets of supply chain management and raw material procurement, inventory management has become more and more challenging. In addition, due to the increased demand in major cities like Delhi, Mumbai, and Bangalore, businesses need assistance with difficulties, including a lack of warehouse space and warehouse capacity. Regarding commerce and industry, Delhi is India's most significant city. Delhi has a vibrant economy, with many businesses engaged in various sectors, including manufacturing, transportation, and information technology. In addition, the city appeals to companies since it has a robust infrastructure and serves as a center for research and education. The burden of overseeing internal operations and various other chores can be decreased by choosing from the top warehousing companies in Delhi. To assist businesses in locating dependable warehouse service providers, a list of the top 10 warehousing companies in Delhi has been compiled below. List of Top 10 Warehousing Companies in Delhi NCR [Updated 2023] The list of Delhi-based warehousing companies below has been put together to aid businesses in finding trustworthy service providers. The businesses in the following list can handle your eCommerce shipping and delivery needs, from significant initiatives like product launches to routine order fulfillment. The top warehousing companies in Delhi NCR for 2023 are listed below, along with a summary of their salient features and offerings. WareIQ Source Founding Year: 2019Location: Dwarka in Delhi, IMT Manesar in Gurgaon, and Kundi in Sonipat, Haryana.Services Offered: eCommerce Fulfillment, end-to-end supply chain, pick and pack service, warehousing, warehouse management, and others. WareIQ, one of the leading warehousing firms in Bangalore, provides cutting-edge, innovative fulfilment solutions as a full-stack, tech-enabled fulfillment partner. Working with a technologically advanced fulfilment partner like WareIQ, which provides intelligent storage solutions, will help you keep your competitive edge. Any retail business, whether new or has been around for a while, uses the most recent technologies to increase the effectiveness and efficiency of operations, from getting products out of warehouses to speeding up order deliveries. With the help of best-in-class technology, WareIQ's broad countrywide fulfillment network offers online retailers a cutting-edge, end-to-end supply chain solution. WareIQ can lower or reduce shipping costs, shorten transit times, and offer more outstanding value to your consumers by automating warehouse processes, including picking, packaging, shipping, services, and inventory management. Additionally, a strong fulfillment network that permits reasonably priced 2-day shipping is available to WareIQ sellers. A few of WareIQ's unique features/ characteristics in Brief: Widespread Fulfillment Network to Boost Logistics ActivitiesLower Warehousing and Logistics CostsEffortless Analytics In Real Time Holisol Logistics Source Founding Year: 2009Location: Sainik Farms, New DelhiServices Offered: B2B fulfillment, B2C fulfillment, supply chain management, logistics, multi channel fulfillment. Holisol Logistics is one of the best warehousing companies in Delhi. It's headquarters are in Delhi. eCommerce companies can use Holisol's end-to-end supply chain logistics platform. In addition to other services, For the heavy engineering, agriculture, and automotive sectors, Holisol offers returnable packaging in addition to multi-channel fulfillment for both B2B and B2C retail. Additionally, Holisol has created fully AI-enabled digital supply chain solutions. Holisol, an industry leader in supply chain management and logistics, wants to become a prominent player in these sectors. They provide complete end-to-end solutions to their clients' enterprises that depend on technology. For Holisol, the three bottom lines of profit, planet, and people are all top objectives. PCL Logistics Pvt Ltd Source Founding Year: 2002Location: Old Delhi, GurugramServices Offered: Supply chain logistics, cold storage services, and transportation. A well-known provider of warehousing services in Delhi NCR, PCL Logistics Pvt Ltd, formerly known as Perfect Carriers & Logistics, was established in 1999. Its headquarters are located in Gurgaon, a key industrial hub in North India. The company is renowned in the market for offering competitive pricing that is tailored to India's demands. Also well known for their adaptability, dependability, punctuality, and safety, PCL Logistics. As part of PCL Logistics' comprehensive supply chain management services, experts oversee each stage of the process, from the initial procurement of raw materials through the delivery of finished items to the end consumer. Every consignment is transported to its destination in India by PCL Logistics' efficient specialists within the given time frame. They also have all the equipment required for safe and secure cargo storage in our facilities. PCL Logistics has grown to be a major player in cargo storage and transportation. PCL Logistics steered the company towards expansion with the help of a committed team, and as a result, it has become one of the top warehousing companies in Delhi. Om Trans Logistics Source Founding Year: 2008Location: Punjabi Bagh, DelhiServices Offered: Logistics, warehousing and distribution, customs and shipping, brokerage, land, sea, and air transportation. In 2008, Ajay Singhal launched OmTrans Logistics Ltd, which has its head office in Delhi. One of India's top warehousing companies in Delhi, Om Trans Logistics' mission is to offer its customers the best logistical solutions. The business strives for excellence in production, service, and innovation. Om Trans Logistics is a committed logistics company that offers the best services to its customers. They have a team of specialists with more than 21 years of combined expertise in logistics. As a result, Om Trans Logistics has consistently provided its customers with cutting-edge and cost-effective logistical solutions to keep their costs as low as possible while still providing a high level of service. To satisfy the demands, Om Trans Logistical has developed a full range of logistics, warehousing and distribution, customs and shipping, brokerage, land, sea, and air transportation. AWL Warehousing Logistics Source Founding Year: 2007Location: Gold Course Road, Gurgaon Services Offered: Order fulfilment, warehousing solutions, transportation, freight forwarding, custom clearance, reverse logistics, and Express cargo. Rahul Mehra launched AWL Logistics in 2007. AWL India Pvt. Ltd., the Indian logistics company with the fastest pace of growth, uses cutting-edge technology to accomplish its goals. AWL strives to provide exceptional customer service and aid businesses in expanding their global consumer bases. Despite obstacles, AWL tries to complete jobs as one of the top warehousing companies in Delhi. The development of infrastructure and technology drives their activity. AWL has established an unrivalled reputation for providing top-notch supply chain management and logistics solutions. This company, which offers global logistics solutions, has built its success on tailored client service and efficient application of its broad logistics expertise. The fleets of AWL can be used in various fields, including entertainment, electronics, cosmetics, and energy. AWL India Pvt. Ltd is one of the best and most renowned logistics firms in Delhi. FastoGistics India Pvt. Ltd. Source Founding Year: 2018Location: Basai Enclave, Delhi NCRServices Offered: Warehousing, supply chain, logistics, Air freight, Rail freight, and sea freight. FastoGistics India Pvt. Ltd. is one of the leading service providers of air freight, transportation logistics, freight forwarding, and warehousing in Delhi. Only top-notch materials from dependable market suppliers are taken into account when developing the services that are provided. FastoGistics India Pvt. Ltd. seeks to offer premium integrated supply chain/logistics services at competitive prices via land, sea, air, and rail. To offer high-quality, reasonably priced logistics services that are the finest in their industry about processes and practises worldwide. additionally to assist their clients in creating an integrated supply chain. Future Warehouse Solutions Pvt. Ltd. Source Founding Year: 2008Location: Mahavir Enclave, New DelhiServices Offered: Logistics, warehousing and manufacturing, distribution, sustainable warehouse business development, airfreight, multi-level warehousing, warehouse leasing and more. Future Warehouse Solutions is among the top warehousing companies in Delhi, India. It was founded by Mr. H.C.Yadav in 2008. FWS's mission, " FWS is sustainable growth. Hence, sustainability forms the core of our products." In North India, FWS is a leading warehouse provider. We have the largest business in Delhi NCR and Uttar Pradesh. Their clients range from 3PL service providers to FMCG companies to Manufacturing to publishing houses to well-known E-commerce players. Kimi Warehousing Source Founding Year: 2020Location: Mundka, New DelhiServices Offered: Order fulfillment, inventory management, warehouse storage, warehousing solutions, RTO management, and logistics operations. Kimi Warehousing is the one-stop 3PL warehousing solution in Delhi NCR and other metro cities in India. One of the best warehousing companies in Delhi was founded by Yogesh Kumar Singh and Vijay Sharma is successfully operating for 17 years in India. You should consider partnering with them if you are looking for order fulfillment, inventory management, warehouse storage, RTO, and other warehousing anf logistics operations. Their core USP is to provide multi-user and shared facilities, flexible warehouse management solutions, technology-driven function, excellence in eCommerce order dispatch handling as per SOP, and no lock-in period. Ecom Express Source Founding Year: 2012Location: Ambience Island, Gurugram, Delhi NCRServices Offered: Fulfillment services, reverse logistics, QC enabled reverse logistics services, cargo handling, warehouses services, and much more. Ecom Express was established in 2012 as a technology-based logistics and warehousing service provider in Delhi. They have a substantial presence in India, serve more than 27,000 Indian pin codes, and are among the best warehousing businesses in Delhi. Ecom Express uses automated tools and data sciences to optimize the order fulfilment process. They also provide quick delivery services and reverse logistics operations that are quality-controlled. They have also incorporated artificial intelligence and machine learning algorithms to decipher incorrect addresses and plan specific delivery dates. Additionally, it has fulfilment centres across the country, totalling 1,008,000 square feet in area. Emiza Inc. Founding Year: 2016Location: Nayak Pura, Bijwasan, Delhi Services Offered: 3PL logistics, supply chain management, d2c and b2b fulfillment solutions, warehousing services, regional distribution, storage solutions, and last mile delivery. Emiza is a technology company that provides cloud-based supply chain management and warehousing solutions. It focuses primarily on SMBs (small and medium businesses). Emiza's first warehouse was set up in Delhi in 2016. Emiza is currently one of the leading warehousing companies in Delhi and other places in India. Emiza provides various other services like B2B logistics, last mile delivery, B2B eCommerce marketplace services etc. Emiza's warehousing solution enables companies to monitor their inventory levels in real-time, track and trace shipments, and automate many of their warehouse putaway processes, including picking, packing, and shipping. The company's goal is to help businesses improve their efficiency, reduce costs, and increase customer satisfaction through the use of technology. How To Choose the Top Warehousing Company in Delhi? Multiple factors are involved while you choose the best and right warehousing company for your warehousing needs in Delhi NCR or in any other region in India. The main factors to consider are listed below; Identify your warehousing needs: The first step is to identify your warehousing needs, including the type and amount of goods that you need to store, the duration of storage, and any specific requirements such as temperature-controlled storage.Do your Research: Do some research to identify potential warehousing companies in Delhi. You can use online directories, search engines, or ask for recommendations from your business associates.Check for experience and reputation: Check the experience and reputation of the warehousing companies you shortlist. Look for reviews and testimonials from their past clients to get an idea of their service quality.Location: Choose a warehousing company that is conveniently located near your business or transportation hubs to reduce transportation costs and time.Infrastructure and facilities: Visit the warehouse facility to check their infrastructure and facilities. Make sure they have adequate storage space, loading docks, security systems, and fire safety measures in place.Technology: Choose a warehousing company that uses the latest technology for inventory management, order processing, and logistics.Cost: Compare the cost of different warehousing companies and choose one that offers the best value for money.Customer service: Choose a company that provides excellent customer service and is responsive to your queries and concerns. Conclusion Finding the top Indian logistics service providers first may be quite helpful in choosing the best logistics businesses to deal with, even though this can be a complex process. All of the top warehousing companies in Delhi are now your sole options. The final step is to decide which logistics partners will give you the most visibility for carrying out our orders and the most incredible pin-code reach. Finally, be aware of the required services to maximise operational efficiency and proactively cut costs. eCommerce businesses can build and run their infrastructure for shipping orders, which is an expensive and time-consuming procedure, with the top warehousing companies in Delhi overseeing operations. This means that eCommerce firms rely on reliable logistics and the best warehousing services in Delhi to manage their orders and keep their clients updated on the status of their deliveries. Why WareIQ Should be the Preferred Warehousing Company in Delhi for Your Online Marketplace and D2C Brand in 2023? WareIQ works with some of the most well-known businesses in the country as a leading provider of full-stack eCommerce warehousing services in Delhi. WareIQ, a fulfillment startup, offers a full-stack platform comparable to Amazon Prime, enabling eCommerce businesses to provide same-day delivery to customers. When you choose WareIQ as your go-to order fulfillment company, you can safely and efficiently distribute your products across the country (including tier 2 and tier 3 locations) while storing them in WareIQ's fulfillment centers in Delhi. Additionally, it will provide you with the means to rival Amazon in terms of service quality, elevating WareIQ to the position of one of the leading warehousing firms in Delhi. There are also some fascinating advantages. You may free up more of your time by giving the management of eCommerce logistics to a reliable 3PL fulfillment company like WareIQ so you can focus on other crucial aspects of your company, like brand marketing and the introduction of new items.The WareIQ platform uses cutting-edge technology to make it very simple to track and monitor your purchases in real-time.The innovative inventory placement capabilities of WareIQ can help your company close deals on schedule. Warehousing Companies in Delhi NCR FAQs (Frequently Asked Questions) What kinds of storage options can warehousing businesses provide?The solutions provided by businesses that offer warehouse services include short-term storage, long-term storage, cold storage, and hazardous material storage. When looking for warehousing companies in Delhi - NCR, what should I be looking for?You should consider elements like location, storage capacity, security precautions, transportation options, and cost-effectiveness while searching for warehousing companies in Delhi. How can I choose the ideal warehousing services in Delhi for my needs?Before choosing the best warehouse business, you should evaluate your storage demands, financial constraints, and ideal location. Then, contrast the services provided by numerous warehousing companies in Delhi to determine which one best suits your requirements. Which is the no.1. warehousing company in Delhi?As per reviews and services offered, here are the top recommendations;1. Om Telecom Logistics Pvt. Ltd. 2. WareIQ3. Central Warehousing Cooperation Why is WareIQ regarded as one of Delhi's greatest fulfillment and warehousing companies?WareIQ provides end to end fulfillment services in Delhi NCR, ranging from warehousing to picking, packing, shipping and delivery. Few top benefits of outsourcing warehousing operations to WareIQ are mentioned below:1. Save the money spent to develop the infrastructure by lowering storage costs. With WareIQ, you can store your products at fulfilment centres all over India.2. Greater customer satisfaction - You can ensure on-time delivery and excellent brand reliability with WareIQ's real-time data and prompt reactions.3. Reduced delivery time - WareIQ's intelligent inventory placement ensures that fulfilment centres are well-stocked and that merchandise is placed close to your customers, enabling speedier shipment from warehouses and quicker delivery.4. Cold storage facilities - Temperature controlled, optimum hygienic and cold storage facilities at WareIQ's warehouses for temperature-sensitive products
February 09, 2023
Top 10 Best Warehousing Companies for eCommerce and D2C Brands in 2023
Warehousing is key to your success in supply chain management, and that is why it is essential to use the best warehouse companies in India. Warehouses need an integrated management system that includes professionals in different areas. These individual specialists help complete tasks concerning the financial aspects and stockouts, extending the business core. Warehouses provide a safe place to store goods until they are needed and are used to store goods and provide them with the appropriate packaging. They make sure that there are no shortages by ensuring that products are available when needed. Hence, they act as a bridge for the flow of goods or other materials, ensuring that demand is met with supply and reducing the difficulty in working around a fluctuating supply and demand problem. Proper warehousing is critical to boosting productivity and reducing costs. Warehouses have been changed from a storage space to a process that facilitates the efficient distribution of products between production and consumption. Warehouses exist in three different types: public, private, and bonded. Read along to find the list of top 3PL warehousing companies in India to decide which company will best suit your needs in 2023. What are 3PL Warehousing Companies? A 3PL warehousing company is responsible for all your warehousing services from storing products and goods purchased from a manufacturer, looking after those items at a facility, and then delivering them to another location for final fulfillment. For example, many eCommerce businesses buy products in bulk from their suppliers, who ship them to their warehouses to be stored. Online businesses partner with eCommerce fulfillment companies that have eCommerce warehouses where they store, pick and pack products and ship them to end customers efficiently. [contactus_gynoveda] Why are Third-Party Warehousing Services Companies Important for Efficient Warehousing Services? Warehouses have been around for years. Today, they offer more than just storing items – may also provide services to optimize the supply chain and reduce necessary costs. Read on to find out the answers to the importance of using such services. If you need a warehouse company that can monitor and track your storage needs effectively, you should contact them now before you need their services. Goods only need to be released when they are required. Better Inventory Management 8% of small businesses do not track their inventory, and of those who do, 24% don't have any stock. Late orders and delayed processing mean frustrated customers and wasted time. Warehouse companies provide you with a centralized, convenient location to store your goods. With a warehouse, you will be able to track and manage inventory more efficiently and ship and distribute products. In case a product is out of stock, you will know right away and can provide your customers with alternative options in the meantime. More Efficient Packing and Processing Most 3PL warehouse facilities provide you with all the equipment and supplies you need to store, ship, and process shipments from customers. Pallet racks, loading docks, and packing materials are just a few examples of products you can employ to save time and money. 3PL warehouses maximize flexibility by eliminating the need to arrange pickup or hire more employees for fulfillment. They can pack goods and classify them according to their legality and customer needs. It means that businesses have to write less code because the warehouse will do most of it and save money on logistics. Superior Customer Service 88% of online customers will pay more for faster delivery speeds. Over 63% of consumers expect to know an estimated or guaranteed delivery time. Better yet, they are willing to pay more for this service. A business's reputation can be quickly tarnished, which will hurt its revenue over time. If you fail to deliver orders on time, your company will suffer. With warehousing companies, you can return products more quickly and optimize distribution. They reduce errors and the chance of damage to goods while preventing your products from being lost or stolen in the order fulfillment process. Price Stabilization To maintain a continuous line of products, you can store your materials for a later release. A warehouse allows this by creating a demand-resource system where resources are available when needed. For example, if you own a sports equipment manufacturing and distribution company, you can store ski accessories in your warehouse so that when winter is over, they are still available. It ensures consistent stock levels to maximize your profits. Improved Risk Management Warehouses can store perishable items and may have refrigeration, depending on the type of storage you need. Warehouses offering cold storage for products keep your products at the right temperature and prevent them from spoiling or changing in colour or texture. They also help extend the products’ shelf life and ensure customer satisfaction. Additionally, your inventory will be insured, so you will have a better chance of being compensated if they're damaged. Advantages and Disadvantages of Partnering with 3PL Warehouse Companies in 2023 When deciding whether or not to outsource your company's warehouse operations, you must consider several factors – you may be looking for a way to expand, but company growth is heavily contingent on your space. New opportunities imply significant changes in storage needs. While not as environmentally friendly as other options, warehouses can efficiently and economically handle these needs with unique, expansive models such as CrossDocks WMS. Consider warehousing as an option for your business and whether there are any drawbacks before making your decision. Advantages of Partnering with 3PL Warehousing Companies Warehousing services can significantly enhance your company. Under the right circumstances, you will benefit from warehousing your products, and overseas vendors will ship at as-needed intervals to reduce overstock and inventory. Significantly Lower Investments Contract warehousing is a great option for a wholesaler, manufacturer, importer, or other small business that needs to store products, as its costs less money and time than regular warehouses. Warehousing using contracts lets small companies invest in obtaining and storing goods for a specific time, rather than investing in large warehouses to store items. Warehousing services providers keep your inventory, allowing you to have less space and money invested. Safety, Security, and Insurance If you wish to guard your wares, leave them under contract warehousing and keep a watch for any breaches. Typically, you do not have to worry about safety when renting a warehouse, as a renter – usually the owner – handles security and rent collection. The products are insured, covered by a guarantee, and are closely monitored with video surveillance. Location and Distribution The location of a good contract warehouse can significantly impact the company's success and profitability because of availability. While warehouses are expensive and time-consuming, contracting with them allows you to store your inventory in multiple locations, giving you easy access to your stock no matter where you are. Flexibility and Scalability Ease of scalability is a benefit to using 3PL warehousing companies – you can use as much or as little space as possible. Since different companies need different amounts of storage at different times, this saves time and money. The benefits of renting space in a warehouse are scalable and offer many other pricing options. Unlike having your own warehouse which needs considerable investment, here, you have the flexibility of renting rooms from different warehouses that often cater to various clients. Access to Unlimited Distribution Centers and Technology-Enabled Solutions E-commerce distribution and delivery become easier through tech-enabled eCommerce warehousing services companies. You can use leveling software that connects to all of your online stores, providing instant fulfillment. You can also receive real-time inventory monitoring reports and automate the order process by tracking and reminding people when it’s time to reorder. Inventory Tracking The distribution of your company’s products is handled by warehousing companies. The most efficient way to get real-time data on products in transit is to streamline the tracking process by providing SKU information, batch numbers, or serial numbers. You can also get activity information about your inventory with comprehensive auditing. Disadvantages of Partnering with 3PL Warehouse Companies Though there are some potential negatives, the benefits of outsourcing warehousing typically outweigh them every time. Complex Reverse logistics There are a few factors that can impact the efficiency of reverse logistics with warehousing firms. Reverse logistics is the set of post-sales activities that are related to recapturing value and attempting to end a product's life cycle following sales. It's also called backflow, meaning an order goes from front to back. When a company is unable to sell its products, it must ship the product back to the manufacturer or distributor. However, the costs for shipping and selling are higher for companies with electronic commerce. When the number of returns spikes in a certain area, it slows down warehouse operations and can lead to higher customer dissatisfaction. It can also be problematic for retailers online who rely on 3PLs to handle such exchanges. Less Control The main disadvantage of using 3PL warehousing companies is that you give up some control over your supply chain and distribution networks. The third party takes this responsibility, communicating with customers and suppliers. This doubles the risks. 3PLs usually offer a partnership with a company, but this can be risky. Usually, it is not enough to mitigate the risks. As a part of this partnership, companies have to sacrifice control over their supply chain and distribution network. Top 10 3PL Warehousing Companies for eCommerce Many top third-party logistics (3PL) warehousing companies handle warehousing, fulfillment, logistics, and distribution services. 3PLs and logistics providers specialize in distribution, warehousing, and fulfillment services. The core competency of these companies is logistics, and they do it well. Nowadays, many individuals start their own successful online retail businesses from anywhere globally. A 3PL company is often necessary to help their products efficiently deliver to customers. It includes Amazon, which used third-party logistics in the early stages of its company before establishing a logistics arm for itself. WareIQ Source WareIQ is an eCommerce fulfillment company that consolidates all aspects of fulfillment for eCommerce business into one platform making it the best 3PL warehouse company in India. They also provide fulfillment centers near the recipient, an aspect in which not every eCommerce company has a competitive advantage. To save time, it is best to get all your logistic needs from one place: managing inventory, shipping orders, solving delivery problems for customers, and analyzing performance. WareIQ has a network of fulfillment centers across India to help businesses offer two-day deliveries. They also work with third-party providers to support their services' operations, like last-mile deliveries. WareIQ's State-of-Art Warehouses WareIQ offers integrated customer support services, such as messaging and calling. Its features include integrating your online store and eCommerce channels and sending the products. WareIQ can manage orders by picking, packing, and shipping them to customers with the same efficiency level as a ground team. It can also store products in warehouses and update inventory in real-time. WareIQ deals with problems during order fulfillment, like quickly damaged or lost inventory, and returns promptly for a perfect customer experience. They offer COD remittance twice weekly to keep your cash flow. Your deliveries are handled by finding the most efficient and reliable option and managing returns. Suggested Read: Looking for Top Warehousing Companies in Bangalore? Emiza Source Emiza is one of India’s leading eCommerce warehousing companies. It has warehouses across 7 cities in India. Emiza's fulfillment centers help their eCommerce customers with speedier delivery and distribution, as well as simplified consumer returns. Shippers frequently have agreements in place with warehouses of 3PLs like Emiza that consistently handle huge amounts of business. These agreements allow Emiza to deliver the best shipping and distribution rates to eCommerce players, which are then passed on to the client. Returns are collected and sent to the warehouse facility in the event of an improper order, where the proper procedure is followed. Read the blog on best 3PL for small businesses to get access to the list of 3PL providers. Stockarea Source Stockarea has a network of 100+ warehouses across 10+ cities in India in 2023 & caters to its customer’s inventory storage, & movement needs. It has warehouses of all sizes & functions - General warehouse, Bonded warehouse, Cold storage, Food grade warehouse etc. It is one among good performing warehousing and best storage companies in India. Central Warehousing Corporation Source Central Warehousing Corporation is a statutory body under the Government of India. Its mission is to provide socially responsible and environmentally friendly integrated warehouse and logistics solutions that are dependable, cost-effective, and value-added. It is a government-owned public warehouse operator that was founded in 1957 to help the agricultural sector with logistics. Its aim is To reduce warehousing, handling, and distribution losses & to provide seamless forward and backward integration in areas such as port handling, procurement and distribution, cold chain, warehousing financing, 3PL, consultant services, multimodal transport, and others to plan and diversify across the logistics value chain. Gati & Fulfillment & Warehousing Source Gati is an Indian company with a long-standing relationship with the express distribution industry, responsible for many of the innovative innovations in the logistics industry. With an income of INR 1700 crores per year, Gati provides customers across various sectors with integrated Express Distribution and customized Supply Chain Solutions. They are among the top 3PL warehousing companies in Hyderabad, Bangalore, Delhi and PAN India. Gati has a fleet of 5000+ vehicles available in India comprised of air, rail, and road transportation. Additionally, Gati has 7000 business partners who work as Gati Associates. Snowman Source Snowman Logistics provides a variety of logistic solutions for companies in India. Responsible for everything from refrigerated transportation to infrastructure, Snowman Logistics delivers the opportunity for frozen and chilled items to return to their natural state with the help of their transportation division. The company has many warehouses throughout the country and owns a fleet of 293 trucks. With their advanced logistics, customers always get what they need when and where needed, maximizing customer satisfaction. VRL Warehouse Logistics Source VRL is a global logistics company that offers tailored warehouse and 3PL solutions for the needs of its many customers. VRL makes it possible for you to be confident in your deliveries as it has been a dependable company since its inception. They provide economical Priority Cargo, Courier Service, and Air Chartering. Many of VRL's corporate partners use the parcel service to transport goods within India because it offers its largest transportation network. The system has also strategically placed trans-shipment hubs to meet customers' needs better. IndoSpace Source IndoSpace is India's leading industrial warehousing provider that operates in a variety of capacities, with facilities for various types of products. It was the pioneer of modern industrial real estate in India with a partnership with Everstone, which invests in India-focused private equity firms. In 2018, IndoSpace partnered with GLP, which has $89 billion AUM. The IndoSpace-GLP partnership allows IndoSpace to leverage GLP's expertise in fund management, development, and operational resources. The IndoSpace platform manages three funds – one core fund and two development funds – and is a joint venture vehicle established with the help of a large Canadian pension plan. The other two funds are opportunistic investments where the companies have combined equity commitments for over $1 billion. IndoSpace holds more than 40 million sq. ft. of industrial/warehouse property. It can also be named Best Developer of Industrial/Warehouse Real Estate in India for six years. The company is also known as the Best Developer of Industrial/Warehouse Real Estate in India for the last six consecutive years by Euromoney. It has been named the Firm of the Year – India by PERE. Mahindra Logistics Source Mahindra Logistics Limited, a portfolio firm of Mahindra Partners, provides integrated third-party supply chain and people transportation solutions to various business sectors. Mahindra Partners has a market capitalization of $20.7 billion. With Warehouse Management Systems (WMS), they have automated traditional warehouses to increase operational efficiency, increase inventory visibility etc. Kotak Third-Party Logistics Warehousing Source For many years, Kotak Logistics has been successfully serving its clients in the heart of India with the country's oldest heritage port. They are a top warehousing company and are rapidly growing as a professional group. It has demonstrated experience with advanced operations at major ports & also provides services like road freight, air freight, and ocean freight. Conclusion: Why Should You Choose WareIQ For Availing the Best eCommerce and 3PL Warehousing Services in India in 2023? Should you opt for warehousing companies for your eCommerce needs, the factors to keep in mind include the size of your business, the amount of capital you have, and other resources that can be allocated to your eCommerce logistics strategy. Suppose you have a warehouse that meets the needs of your eCommerce inventory and maintains a process for order management. In that case, taking care of your eCommerce warehouse should be enough to meet customer expectations. One of the biggest reasons to leave warehousing to professionals is the sheer scale. Expert warehouses have access to technology and systems to keep track of every item stored in their facility that most small businesses can't afford. If you want to scale your business quickly, consider a third-party fulfillment center or a third-party warehouse. Large companies like Amazon can continue to grow without relying on warehouses with an efficient system. 3PL fulfillment companies provide access to a pan-India network of fulfillment & micro-fulfillment centers to small businesses & medium-sized businesses & help them offer the same service level as larger enterprises in this scenario. One can manage and fix all logistics issues, from inventory to fraud—the perfect solution for organizations as it is a one-stop-shop. Hence, less time is wasted on shipping and more time is allotted for focusing on business growth. These are the salient advantages of partnering with a 3PL provider: A Time-saving Tool It is often difficult to organize everything from inventory tracking to customer orders. A 3PL provider will take this challenging task away from you and keep tabs on your products. With more space and a better organizational system, you will have an easier time with everything. Accuracy 3PL services provide warehousing for eCommerce and help by taking the fulfillment process of picking and packing off their plate. They have staff specializing in each part of the order fulfillment process and work to identify any supply chain optimizations. Their technology and procedures ensure that products are delivered to customers on time for a good customer experience. Unlimited Growth Online business needs to be growing to be successful. They can use 3PL services from top providers to take care of warehousing to concentrate on other functions. These warehouses can be an asset for your business, contributing to growth. WareIQ is one of India’s leading and fastest growing full-stack eCommerce fulfillment companies that offer a variety of services from same-day and next-day delivery, shipping badges, and RTO Shield, to state of the art technological solutions such as our custom WMS and our intuitive, well designed app store. We can take care of your brand’s entire fulfillment requirements and ensure that you and your customers get the best order fulfillment in the country and have a hassle-free experience and raise satisfaction levels to new heights. [signup] Suggested Read: List of Warehousing Companies in Mumbai Warehousing Companies FAQs (Frequently Asked Questions) Which company has the maximum number of warehouses?DHL Supply chain has the most number of warehouses in the world. What are the best 3PL warehousing companies in India?• WareIQ• Emiza • Stockarea • Central Warehousing Corporation • Gati • Snowman • VRL Logistics • IndoSpace • Mahindra Logistics • Kotak Logistics What is the purpose of warehousing?The main function of a warehouse is storage of products and goods before moving them to another location. However, warehousing involves other functions too such as safeguarding of items, financing, information management and others. Why should you hire a 3PL warehousing company?Warehouses have access to technology and systems to keep track of every item stored in their facility that most small businesses can’t afford. If you want to scale your business quickly, consider leaving warehousing to professionals. Why should you consider WareIQ as your one-stop warehousing solution?WareIQ is a trusted fulfillment partner to 300+ top online Indian brands like Epigamia, Piramal group, Future group, Wingreens and Kama Ayurveda, amongst many others. With the pan-India network of fulfillment centers and warehouses across India, WareIQ offers same day and next day deliveries. They also work with shipping & courier partners to support their services’ operations, like last-mile deliveries. What are the other facilities within WareIQ’s warehouses?• Amazon seller flex and Flipkart advantage approved facilities• CCTV & 24*7 security service• Ample space for truck movement• HHD driven operations• Signage system• Packaging material can be arranged by WareIQ and billed separately
February 07, 2023