Since 2017, people and businesses have been spending about 2.8% more each year on the storage and warehousing industry. In the United States alone, this market is now generating more than $34 billion every single year.
There are a lot of good reasons that the warehousing and distribution industry is growing so fast. As the economy becomes more globalized, more and more businesses are using overseas warehousing and distribution to help them grow their businesses.
However, we may still be in the early stages of this trend. Many business leaders still do not know much about why there is so much demand for overseas warehousing and distribution services. Learning more about them can help you appreciate the benefits that they provide and decide if they might be right for your company.
Read on to learn all about the most vital things to understand about warehousing and distribution overseas and what they might be able to do for you!
Enjoy the Reach of Overseas Distribution Services
When businesses start out, they often find it difficult to ship to distant places. As they grow larger, they start to develop more sophisticated systems that can manage distant shipping needs.
However, even then, it can be difficult to ship to foreign countries all around the planet. That goes double because there is a difference between being able to do something at all and being able to do it in the most efficient way possible. Even businesses that eventually have enough reach to ship to anywhere in the world often find it expensive to do so.
However, overseas warehousing and distribution services specialize in exactly this. They can help businesses reach customers all around the planet.
If you have a large business that can handle distant shipping, they might be able to help you cut your costs. If you have a small business that has not yet built up its reach to include the whole world, then these services can help you extend your reach.
That can help you reach new markets and customers. That might be exactly the right solution to help your business grow to new heights.
Save Money With an Overseas Warehouse
Using an overseas warehouse is a great way to cut down your costs in a few different ways. As we have already discussed, you can often cut costs by enjoying the efficient shipping that overseas warehouses can provide. However, it is also worth thinking about the lower labor costs in many countries.
Using a local warehouse means paying enough to support local wages. Using a warehouse overseas can help you cut labor and operational costs.
On top of that, using a local warehouse often means paying for shipping twice. First, you need your supplier to ship goods to your warehouse. Then, you need to ship from your warehouse out to your customers.
On the other hand, you might be able to save money by having your supplier send your goods to a warehouse near them. Then, when a customer orders a product, you can have it sent straight from your overseas warehouse to them.
Start a Dropshipping Company Fast
Setting up a storage and shipping system can take a lot of time. However, dropshipping companies have proven that they can start successful businesses fast by using overseas warehouses. You can learn from their example and simplify your own business processes as well.
In some cases, you might want to start a company fast to find out if the market responds to it. If it turns out that a business cannot succeed, you want to find that out as fast as possible so that you can move on to another entrepreneurial project.
Using overseas distribution services can help you provide your product as fast as possible to your customers. That can help you get a read on the market faster as well.
Benefit From Faster Merchandise Shipping
Another great thing about overseas distribution is that it can help you ship out products faster. Many customers will receive your goods faster when you keep them in an overseas warehouse.
In some cases, that will be because your customers are closer to that warehouse. In other cases, it is because overseas warehouses are specialized for excellent shipping quality.
Enjoy Small Business Scalability With a Warehouse
When a small business starts to enjoy greater demand, it can be difficult to adjust. If you are handling shipping on your own, that can slow down your attempts to scale up your business.
However, overseas warehouse and distribution services will be able to increase your storage and shipping capacity instantly. That can help if you are scaling your business up or even if you are scaling it down.
Decrease Your Risks With Overseas Distribution
You can also use overseas warehouses to diversify your shipping operations. That way, if anything goes wrong with one of your warehouses, the other will still be able to provide your goods to customers.
Enjoy the Benefits of Overseas Warehousing and Distribution
The more you learn about warehousing and distribution overseas, the better you can assess if they might be the right business solution for your needs. There are a lot of benefits to using overseas warehousing and distribution services that you cannot get any other way. If you have never used these services before, you might want to try them to see for yourself what they can do for your business.
To learn more about how you can find the best warehousing and distribution company for your needs, reach out and get in touch with us here at any time!