Cost-Effective Warehousing In Mumbai: 6 Techniques

Mumbai has always been a preferred location for logistics parks. This is due to the concentration of organized commerce and established manufacturing hubs. The high consumerism in the region leads to a constant need for warehousing services in Mumbai. One of the prime locations for the same is Bhiwandi.?

Regardless, the property costs are excruciatingly high in the Mumbai Metropolitan Region (MMR). Hence, warehousing services in Mumbai are always looking forward to reducing their costs. On the brighter side, there are several ways to manage warehouse costs efficiently while still obtaining the benefits of the metropolitan region. They are as follows:

• PEB warehouse:

Civil warehouses are quite expensive and come with several unprecedented issues. Pre-Engineered Buildings, on the other hand, are the most cost-effective way of construction for warehousing services in Mumbai.?

PEB construction costs are fixed at the commencement of the project. They do not change owing to market variations in the cost of construction materials or other reasons, making it easier to stay on budget. Additionally, the construction of PEB warehouses is faster. The business gets to recover its investments faster as the ROI is high in PEB warehouses.?

• Storage optimization:

Excess storage does not necessarily require a larger width of a warehouse. What matters the most is how the available space is optimized for storage. Wide and bulky storage units not only occupy excess space but also are not optimal for organizing the freight. And increasing the warehouse-size is a financial burden that businesses steer clear of.?

Fortunately, there are ways to optimize the warehouse space without increasing the property size:?

Vertical racks:?Sleek, tall, and vertical is how the storage units of a warehouse should be. Such racks take up less space and can be easily used to organize the goods. Slim racks also make the packages more accessible.?

Narrower aisles: Broad aisles are redundant and impractical in a warehouse, especially in a location like Mumbai where every square feet matter. Hence, aisles should only be wide enough to allow easy movement of staff and conveyance bots, while ensuring their safety.?

Using the mezzanine: A mezzanine is a thoughtfully constructed area in the warehouse. It is an intermediate space/floor in the warehouse where excess goods can be stored without disturbing the racks.?

3. Cross Docking: ?

Regardless of the size or the space optimization, there will be times when the warehouse appears insufficient. This situation will especially occur during high demands. Hence, warehouse managers must ensure that the storage space is used only for goods with a longer shelf life.?

While for perishable (and high demand) goods, warehousing services in Mumbai must opt for cross-docking. It is an excellent way to save space and prevent potential costs on property expansion.???

4. Recycling containers:

Storage containers are a constant utility for warehouses, and purchasing new containers is a constant expense. An excellent way to cut down on expenses is to buy used and recycled containers. This solution will not only reduce costs significantly but also the carbon footprint of warehousing services in Mumbai.?

Pallet containers, metal bins, wire baskets, food trays, IBC totes, Gaylord boxes, drums can be considered as high-quality containers that can be reused several times. Established providers of used industrial containers frequently ensure the product has been examined, cleaned, and washed where required.?

5. Solar energy:

Devices running on solar energy may seem like a costly purchase. However, they reduce the costs dramatically by eliminating the monthly electricity bills for high power-consuming machines. Solar energy is an abundant resource in India, especially in Mumbai and must be utilized. Also, warehouse roofs can serve as the best surface for the installation of solar panels.??

6. Identify bottlenecks:

While the high consumerism and demand benefit businesses, it also causes frequent bottlenecks in warehousing services in Mumbai. Bottlenecks cause an agonizing amount of expenses for a warehouse. Hence, optimizing operations to ensure a smooth flow of processes and movement of goods is crucial to avoid unnecessary costs.?

Takeaway:?

The implementation of cost-prevention measures in a warehouse is quite a responsibility and may drain the employees of a company. Hence, partnering with a reliable 3PL for warehousing services in Mumbai is the best bet to expand a business.?

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