Original article can be found at - Inbound Logistics April 2019
Definition: A public warehouse is a business that provides short or long-term storage to companies on a month-to-month basis. Public warehouse fees can be a combination of storage fees and inbound and outbound transaction fees. A public warehouse can charge per pallet or charge for each square foot that is used by a company.
Benefits of Using Third-Party Logistics
The obvious benefit to using a logistics company is that you don’t have to do it yourself. But the benefit really goes deeper than that. Outsourcing warehousing and fulfillment can have a meaningful impact on your business's growth. Original article can be found HERE
Editor’s Note: We recently came across the term “Vested Outsourcing”. Defined as a hybrid business model in which both parties in an outsourcing relationship focus on shared values and goals to create an arrangement that is mutually beneficial to each.