Warehouse racking with product and a forklift driver
Contract Warehousing vs Public Warehousing Contract warehousing provides space and resources dedicated to a single operation as opposed to a public or third-party logistics (3PL) warehouse, where multiple companies share space, equipment, and personnel. With a contract operation, competition for space availability, dock appointments, and material handling personnel is eliminated. Benefits of Contract Warehousing Utilizing… Read More
Briefcase of Money
Defining Inventory Financing Inventory financing is a form of asset-based lending, such as a revolving line of credit or a short-term loan, used to fund inventory purchases. The service is primarily utilized by businesses that are required to pay suppliers before selling product to their customers. While the line of credit or loan is active,… Read More
Warehouse employee using a forklift to place a pallet
Why Do Companies Choose to Outsource? Are you faced with the decision between insourcing or outsourcing your company’s warehouse operations? Leaders in many companies, across various industries, eventually must make this choice. Above all, your company’s core business focus should be the most critical deciding factor. Insourcing warehousing operations requires substantial upfront capital costs and… Read More