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In product fulfillment, your warehousing facilities can be as valuable to your success as the products themselves. However, the warehouse itself is no longer enough to use your facilities effectively. Here are the other factors you need to consider to determine which warehousing facilities and features will best suit your business.

Rentals

When researching warehousing and storage, keep in mind that the facility you use likely won’t be yours, but rather another business outsourcing it to you.

Agglomeration Economies

When we think of common business trends, location is hard to ignore. Movies in Hollywood, technology in Seoul, oil in Calgary—these places are practically defined by the industries that have formed there. It’s often unthinkable to imagine those areas in any other light besides what economies are based out of them.

There’s a necessity to be hip to this, too. A collection of businesses around a particular location-specific industry means that there is saturation, resources, and/or business interests there that can help companies related to that industry flourish even more, both internally and externally.