Is your company currently looking for warehouse space? You’re free to either buy your own private warehouse space or build a brand-new private warehouse space if you want. However, this isn’t always cost-effective for many companies. As such, they often choose to rent public warehousing or contract warehousing depending on their specific needs. Here is what sets public and contract warehousing apart.
What is a public warehouse?
A public warehouse is, as its name would suggest, a warehouse that’s available for any company to use. As long as there is available space in the warehouse, a company can pay to use it for as long as they need to. More often than not, companies turn to public warehouse space when they need short-term storage for their inventory. They’ll pay for this space on a month-to-month basis and take advantage of the flexibility that comes along with doing it.
What is a contract warehouse?
A contract warehouse is a warehouse that a company can rent out for a specific period of time. Contact warehouses don’t provide companies with the same kind of flexibility they’ll get from a public warehouse. But they’ll have a guarantee on it, so they won’t have to worry about losing their warehouse space and having to scramble to find another space. Many contract warehouses are also equipped to handle things like picking and packing more efficiently than public warehouses, which are usually just places where companies can store things until they need to move them later.
Would public or contract warehousing be a better option for your company?
Public and contract warehouses are both great options for those interested in obtaining warehouse space. But at the end of the day, there’s a good chance that one of them will be a better option than the other for your company. Public warehouses are ideal for those searching for flexibility, while contract warehouses are best for those who need guaranteed warehouse space for a year or more.
Affiliated Warehouse Companies can provide companies with both public warehouse space for rent and contract warehousing solutions. Call us at 732-739-2323 today to get help with finding the right warehouse for your company.
