Warehouse or godown leasing is a very planned decision that controls your entire supply chain. This decision will have an effect on the overall efficiency of the distribution process. Many factors will affect your decision. 

We have shared a complete list that needs to be considered before finalizing your warehouse for your specific business needs. 

1.  Location

This is very important to be near to your customer and logistically viable, so location plays a very important role in the selection of warehouses.

2.  Type of property

This will depend upon the goods you are going to handle. Normally with RCC, the maximum height you can get is 16 ft and with shed 24-50 ft depending upon the project, so the product plays a vital role in determining the type of property required for warehouse.

3.  Passage Adequacy

This is for the vehicles which will be ferrying around whether they will be able to fit on the approach road because we all know that now modern warehouse needs modern equipment and for that, your warehouse should have appropriate space for their working, hence passage adequacy must be checked while selecting the warehouse for rent.

4.  Fire & Safety issues

This point needs to be evaluated from an insurance and safety point of view because as we know prevention is better than cure so your warehouse should be ready with all the precautions available due to this not only workers but all the materials preserved will remain safe.

5.  Labor Availability

Labor availability and labor union issue in the compound is a major factor to be considered for smooth day-to-day operation because if required labor is not available, warehouse functioning will be disturbed, and it might result in unnecessary downtime.

6.  Basic Rent of warehouse

This is the most critical factor in deciding your monthly cost. This is normally calculated in terms of Monthly Rental x Nos. (Example 3 Months’ Rent).In Northern and Western parts of India, it’s usually between 2-3 Months of rent. However in the case of Southern cities of India like Chennai, Bangalore it ranges between 6 Months to 9 Months of rent.

Conclusion

13SQFT.COM  can help you in your decision-making process by shortlisting property as per your specification and helping you throughout the process of the site visit, rent negotiation, agreement, and helping you to set up the operation with all material handling equipment and necessary modification.