Diverse Benefits of Leasing a China warehouse
Are your products manufactured in China? Do you find it difficult to deal with Chinese manufacturers because of the language barrier? Are you unable to locate adequate warehousing facilities to store inventory in China?
If your answer to all these queries is yes, then you are in urgent requirement of a China warehouse storage services from a local company which can deal with the manufacturers on your behalf and ensure that your inventory is securely stored till you need to get it shipped.
How can you gain from leasing a warehouse in China?
A China warehouse and distribution facility can add value to your commercial enterprise in multiple ways:
# Prevention of unnecessary losses
In case you need to dispose of inventory because of lack of demand, then the custom duties and import taxes which you have already paid to bring the products from China turn into irretrievable losses. A good way to avoid such monetary losses is to lease a China warehouse and store the goods there till you need to import them to your country. This can help you to save the custom duties and taxes at least and you can resell the inventory to the manufacturer if possible and get rid of the excess.
# Interaction with Chinese manufacturers
You can delegate the responsibility of communicating with the Chinese suppliers to the company which provides the warehouse facility. They can assist you in overcoming dialectical differences. Choose a company which offers this service in the Shenzhen and Dongguan because these are the two centres where most of the factories are located and from where you are more likely to procure your inventory. When the suppliers are able to understand your requirements clearly, they can deliver the goods to your warehouse directly. This makes inventory management efficient.
# Fulfillment of orders
Your business can only sustain itself if your customers are happy. This is possible if you are able to deliver products on time. However, is your business prepared to send out shipments within a day’s time after an order is placed online? The solution for quick delivery is to hire the service of the warehouse leasing company to distribute your goods directly from the China warehouse itself. This saves time because you do not need to import it to your country and then send it to your customer located in some other country. The company should be able to process deliveries in a professional, error-free and swift manner so that all your orders get fulfilled well within the timeline.
# Increase in Sales
If your inventory is managed in a systematic way within China itself, you can save money by cutting a lot of extra costs and pass on your savings to customers as well. When you provide your customers with quality goods at attractive prices, your sales are bound to increase. The rise in sales can automatically generate more profit for your company and you can reach your growth targets faster.
# Organized Inventory Management
Inventory management is an integral aspect of the overall management of a company. It is a part of supply chain management and deals with ordering, storing and preparing the inventory for sale. Stock control needs to be devoid of errors. The company providing you with the China warehouse can carry out this task for you by matching the quantities and details of the product against the data provided and reporting any discrepancies to you immediately. The products can be marked and barcoded to avoid mistakes.
Another advantage that you can get out of this arrangement is that you do not need to invest in inventory management software separately because the company has its own management software in place along with quality control systems. The warehouse is equipped with high level security systems and the latest technology is used for handling the inventory with minimal chances of error. You can rest assured knowing that your stock is collected from multiple suppliers and consolidated securely in one place. Real time inventory management can help you to stay apprised of the current status of the inventory.
# Fast Shipping facilities
The China warehouse providing company that you select can offer you convenient locations for the warehouse which are well-connected to airports, seaports and highways to ensure quick transportation of goods. You do not need to worry about logistics any longer. The warehouse company can dispatch orders quickly with the help of the transportation facility from a China freight forwarder which is available whenever required. The goods reach the airport or seaport within a short time and are quickly delivered.
# sourcing services
It is not very easy to get hold of right suppliers in a foreign country like China mainly because of the communication issue. The China warehouse company can offer product sourcing service if you require it when you import from China. There are several benefits of this service. As the warehouse providing company is a local one, they know the market much better than you do. They are familiar with the top suppliers of every industry. Through their connections, you can come in touch with the right suppliers for your business who are able to supply bulk quantities at competitive rates. Sourcing products from China is also a very important part of the whole supply chain management for E-commerce business, and warehouse company sometimes will be served as also a sourcing company that fulfill for example Amazon product sourcing and Amazon private label for FBA sellers. Also if you would like to print your own brand, they can also help you to identify the private label manufacturers that provides the OEM services or electronic manufacturing services.
If you hire professional procurement services, you can get the best prices and high-quality products along with lower risk. You can connect with reliable suppliers without having to carry out a frantic search all over China. An additional advantage is that the sourcing company can provide assistance in customs clearance and reduction in import duties. All the samples are thoroughly inspected and passed through the quality check process so that the final product meets your specific requirements.
# entering new markets
If Logistics and Inventory Management are taken care of efficiently, your business can get the opportunity to expand globally and enter new markets. Warehouse facility for storing inventory combined with expert procurement and stock management facilities offers your business the scope to reach out to a larger customer base. You can take up as many orders as you want and still deliver all of them on time. The competitive edge that these resources lend to your venture can help you to achieve all your sales targets successfully. Storage, consolidation and distribution are possible from the same warehouse making it easy for you to control the supply chain and reduce cost as well. Sorting and packing are a part of this service.
# Creating flexibility in supply chain
If you implement a China warehouse and distribution program, you can make your supply chain more flexible because goods which are stored as inventory there can be immediately dispatched whenever required and they are ready for sale. You can import the quantity that you want and store the rest at the warehouse. This is the best solution for you if you are facing the problem of paucity of space.