4 min read
In an increasingly interconnected global marketplace, businesses must constantly seek new growth and expansion opportunities to stay competitive. While entering untapped markets can be challenging, short-term warehousing empowers companies of any size looking to enter new territory quickly.
From accelerated market entry to enhanced flexibility and cost-effectiveness, short-term warehousing is an invaluable solution for businesses looking to seize emerging opportunities and establish a strong foothold in unexplored markets. If you’re ready to learn how, we’re sharing our warehousing expertise and exploring how Chunker’s on-demand solutions can help your business thrive in a new sector.
Warehousing is a key element in the supply chain, and utilizing short-term warehouse storage offers businesses the flexibility and scalability to adapt to changing market conditions and fluctuating inventory levels in real time.
Traditional warehouse leasing agreements typically operated on a 10-year basis where companies had the nearly impossible task of predicting a decade’s worth of storage needs. Due to novel supply chain disruptions caused by COVID-19, this approach has become impractical.
Instead, temporary storage space can be a cost-effective lifeline for businesses that need to remain agile and adaptable due to shifting consumer habits, disruption, and emerging trends. There are many underutilized or vacant industrial spaces across the country, making it easier to locate a short-term storage facility where you need it.
Not only can we help you locate the right kind of short-term storage facility for your business needs, Chunker also offers on-demand 3PL services to get your new temporary storage facility up and running quickly, with the help of a dedicated, boots-on-the-ground team anywhere in the country.
By leveraging temporary warehousing options, your business can adjust inventory levels, optimize stock, and even change storage locations quickly based on feedback from the market. As your business grows and changes, short-term warehousing provides the freedom to make choices that evolve alongside your enterprise without the commitment associated with long-term leasing.
Extra industrial space that goes unused is a huge financial strain for businesses, but inventory overflow can present similar issues as well. By using short-term warehouse space, businesses can find quick solutions for inventory or supply issues, giving them control over their storage, offering cost savings, and allowing them to remain competitive during unpredictable times.
Not only does short term warehousing increase a company’s adaptability to changing economic forces and emerging trends, it also allows businesses to test new markets without having to commit to potentially risky, large-scale production if it turns out the demand for their new offering is low — or the market is oversaturated.
Businesses can also save on additional expenses associated with traditional or just-in-case (JIC) warehousing when renting a short term-storage space, as it provides a buffer against unexpected events like natural disasters. By having a backup location, your business can have stability and security no matter the circumstances or challenges that may arise.
By locating a short term storage facility near your target markets, you give your new operation the agility to respond to regional market preferences and establish itself as a local presence.
While it can normally take businesses anywhere from six months to a year to find and secure long-term warehouse space, Chunker’s rental services can help you find a sensible short-term warehouse for your needs within 24 hours, giving you precious time back to iron out the plans for your new business line.
Plus, locating a short-term facility near your target markets — no matter how geographically diverse your regional distribution area is — lends itself to savings on transportation costs, quicker turnaround times, and happier customers.
Short-term warehousing also offers businesses new solutions for common inventory management problems. By utilizing a flexible term, businesses can solve short-term inventory and storage issues without having to commit to a multi-year contract.
According to Forbes, inventory is the second biggest cost for small businesses, making up an average of 17–25% of a business’s budget. With such a substantial investment at stake, the potential risk of order delays due to inventory shortages or mismanagement can be a major concern. However, with 3PL services such as those offered by Chunker, you can have peace of mind knowing that your inventory is in expert hands. By leveraging on-demand 3PL services, you can immediately take advantage of temporary warehouse space, unloading and loading your inventory quickly to optimize its storage.
Short-term warehousing and 3PL solutions are not only advantageous for market expansion, but also play a crucial role in meeting growing demand. As your business grows or experiences changes in volume due to seasonal factors or promotional campaigns, short-term, on-demand storage can assist with increased inventory needs so you can cut down on lead times for eager customers while maintaining overall operational efficiency.
There are inherent risks in any new market you’ll try to break into, but temporary warehouse space can offer your business a buffer to mitigate against pitfalls like supply chain disruptions while propelling your company’s growth trajectory.
With more than 100 million square feet of available short-term warehouse storage space across the country, Chunker makes it easy to connect people who need space with the people who have it with our easy-to-use portal.
Our services empower business owners to take the supply chain into their own hands. With our flexible solutions, you can scale your storage capacity according to fluctuating demands, cut down on lead times, and mitigate risks, ensuring efficient operations and customer satisfaction. Trust us to provide secure and customizable warehousing solutions that empower your business to thrive in a dynamic market environment.
Contact us for more information on how to optimize your business with short-term, on-demand warehousing.