Is there an empty corner in your warehouse? BiS spaceXchange can find someone who will pay you to occupy it! Relatively few companies are looking for complete, empty warehouses, which are strategic acquisitions. Every business, however, will sooner or later find itself with an operational requirement for space on a temporary basis.
Potential client businesses will have storage requirements for pre-season bulges, such as Summer stock ordered far enough in advance to come with advantageous pricing, or there may be unexpected sales opportunities for summer rainwear. The space needed may not amount to more than a few pallet locations, yet there is extra revenue to be earned if these locations would otherwise have been empty anyway.
In the past, such a piecemeal approach to managing space would have been too complicated to contemplate. Now, however, the BiS spaceXchange team can simplify this fine tuning exercise for warehouse owners who are offering space.
BiS SpaceXchange consolidates all the rental business that it generates, becoming a central point of contact for both sides. This means that the only thing that will change as new business arrives is the revenue. Charges are performance-related, so if there is no tenant, BiS spaceXchange makes no charge to you, either.
Being able to offer space in potentially marginal locations in a site makes a difference to its overall operational viability. By simplifying the administration of what would otherwise take the shine off the return, BiS spaceXchange can unlock the earning power of existing warehousing space.
For short term rentals, it is an effective way of smoothing out stock fluctuations, particularly when the onward delivery dates are known in advance. The sales opportunities presented by such events as the Olympics are worthwhile as long as they are not clogging core business activities with time sensitive SKUs, many of them simple ambient stock. Being able to offer space to support such ventures can provide welcome additional revenues.
The business case for managing non-standard stock separately can be a powerful one. Test marketing, for instance, needs to identify costs separately from existing fixed costs. The simple expedient of segregating the supply chain costs into a readily-identifiable posting is a valuable management tool for subsequent evaluation.
For more information about how BiS spaceXchange can help you turn that empty warehouse space into additional revenue please leave a comment below or, if preferred, use the contact page.