The Benefits of Investing In Warehouse Space

For a company looking to maximize its distribution activities, investing in chemical warehousing solutions space has the potential to provide some enticing benefits. However, doing so represents a significant financial and logistical undertaking, so the best approach to exploring leasing opportunities is to do so only after carefully considering some important factors. These factors will differ depending on the nature of your business. The following, are among those most likely to have an impact on a warehouse space’s operational and financial viability.

Operating Costs

Leasing warehouse space costs more than just simply renting it. Utilities, insurance, labor security, maintenance, and other costs will be incurred. Make sure to find out which expenses will be your responsibility and which the warehousing company will cover. This can save you extra costs.

Location

If you are considering leasing warehouse space, you have probably already decided where you would like to store your goods, right down to the city level. It is important to ask yourself questions such as; How close are these warehousing services to you? And will it be easy to transport chemicals quickly? Even within a city, there are factors that can influence how suitable a potential space is. Another important factor in warehousing services is how close a potential space is to public transportation, such as railroads, airports, and seaports.

Space

By investing in warehouse services, you can choose space that is appropriate for the quantities of products you intend to store there. When it comes to your current needs, or even those for the near future, calculating the required cubic square footage is relatively simple. It is best to approach leasing warehousing space when you can confidently project your storage needs—at least for the duration of the lease you are discussing.

Safety and security

Another factor to take into account when weighing leasing options is what safety and security measures the warehousing companies already have in place, as well as what you may need to install yourself. Warehousing companies offer security benefits such as perimeter fencing, video surveillance systems with 24-hour monitoring, entry alarm systems, fire alarm and extinguishing systems, and other safety and security features.

Zoning

Finding the right-size chemical warehouse solutions within your desired location and budget doesn’t always imply that it is the best fit for your company. You may need to follow strict zoning laws depending on the products you want to store and the value-added activities you want to perform in your space, such as repacking and handling hazardous materials. Warehouse companies are aware of these laws, and they design their physical locations and train their employees to be compliant.

Contact OctoChem to learn more about our chemical warehousing services.