Selecting the best warehouse location is essential for profitability, operational efficacy, and efficiency. The proper location has a direct impact on customer satisfaction by significantly streamlining operations, reducing expenses, and guaranteeing on-time delivery of goods.
Rates of rent
When choosing a warehouse location, cost will always be a crucial factor, but it should not be the only one. Any savings on low rental prices could be outweighed by hidden expenses, thus this need to be taken into account.
The tax structure, tax incentives, and local government restrictions must all be considered in addition to rates. You might also benefit from special local government initiatives to promote your industry segment.
Availability of workers, labor skills, and costs
Local demographics have a direct impact on labor costs, skills, and workforce availability. Not every region provides a workforce with the necessary skills at a reasonable cost. High demand and a shortage of workers will raise pay, which will raise operational costs. The reverse is also true. Low demand and high labor availability will result in lower wages.
Highways, roads, and traffic movement
Road and highway accessibility as well as local traffic density need to be taken into account while considering storage for rent Suvarnabhumi (คลังสินค้าให้เช่า สุวรรณภูมิ, term in Thai), particularly if trucking is the primary source of transportation. Transportation costs can affect a company’s ability to compete or the appeal of the warehouse to potential buyers. Fuel consumption, accident rates, and lost time will all rise as a result of factors including surface roads, crowded highways, and inadequate signaling systems.
Close to the airport, train stations, and ports
In this situation, priority must be given to the primary means or modes of transportation used to deliver or receive items at the warehouse. For instance, you want to be near the airport if the majority of your cargo is imported or exported by air. If this is not feasible, you should at least look into locations that are close to highways and roads that lead straight to the airport.
Take the time to carefully plan and comprehend the best warehouse site for both you and your clients. This choice has far wider ramifications than only setting up a warehouse. The financial, operational, and competitive aspects of your business will be impacted for a long time by the location of your warehouse.
