Why one should lease rather than buying warehouses
Warehouse management has become an integral business component to scale up businesses and ensuring customer satisfaction through state-of-the-art supply chain management and efficient inventorization. Warehouses ensure seamless and efficient product delivery framework, mapping logistics to a streamlined process ecosystem, spreading wings far and wide to satisfy customer requests from far flung regions. The big question then is: should entrepreneurs buy or lease warehouses? Seemingly a simple choice to make, but there are a variety of factors which go into making the decision. With the emergence of a massive real estate market , competitive pricing models, warehouse decentralization has become indispensable for companies, especially those in e-commerce logistics, to ensure enhanced customer experience and loyalty. According to CBRE, leasing of warehouses spaces has grown by a massive 31% Y-o-Y to 13 million square feet across 8 Indian cities in the first half of 2019 alone, w