A logistic park is an industrial area for storing, managing, distributing, and transporting various goods. Furthermore, companies operating from logistic parks often use them to assemble, package, process, or do light manufacturing of products. Companies might also utilize logistic parks to work and serve local, regional, or international markets.
Organization and management are the two distinct purposes that freight distributors serve through the logistic park. Furthermore, the Logistics Park fulfils all your logistics needs, from security management on the property to inventory and warehouse optimization, while reducing costs and environmental impact. An Industrial Logistic Park can serve your storage, shipping, and distribution needs.
Benefits Of Logistic Parks
The logistic park allows shippers to plan their inventories well in advance without restriction. Most popular parks are located in industrial belts and near airports and ports. Logistic parks offer maximum connectivity to a large customer base to accelerate business growth. They are larger in size and equipped with modern amenities to ensure ease of business.
Industrial Logistics Parks are very cost-efficient due to streamlining of the supply chain too. This results in mediators being eliminated or marginalized. Equipped with state-of-the-art warehousing and cold storage facilities, modern parks are now developed under a built- to- suit model to meet growing requirements in an efficient and timely manner. The park offers a lot of truck and office parking spaces. Industrial Logistic Park is completely safe with round-the-clock security.
The logistic firms serve as a self-sustaining business hub for various MSME firms. It is the first choice for contemporary and conventional entrepreneurs due to its large selection of customizable RCC constructions, PEB sheds, corporate units, and retail spaces. Not only that, but the logistic parks also offer conglomerates with a variety of workspaces but it also provides comprehensive business solutions and facilities like accommodations, conference centers, staff housing, and more.
Typically, in logistics parks, you’ll see businesses that offer services at each supply chain step—a warehouse, a distribution center, at least one outbound trucking/shipping company, and so on.
An industrial logistic park is a large, often fenced-in, area where multiple warehouses and distribution centers are built. These parks are for streamline the shipping process by having all the necessary resources in one location.
Here Are A Few Of the Disadvantages of The Logistics Park:
Like everything else, logistics parks too have some disadvantages. And some of them are:
One of the disadvantages of a logistic park is that substantially large companies cover it. This makes it very hard for medium and small companies to have access to this due to the costs associated with it.
Barriers to entry and exit can also be an obstacle to overcome, considering that each state and country can have its say on logistical practices
Cost of Transport
A longer distance to travel will make the cost greater. This will make it difficult to get a competitive rate. Transportation is by far the highest cost in the logistics park.
The future of warehousing and shipping is an industrial logistic park. This type of park offers many advantages that will help to improve efficiency, create jobs, and protect the environment.
Is The Industrial Logistic Park the Future of Warehousing And Shipping?
Industrial logistic parks are the future of warehousing and shipping for a number of reasons. Firstly, such a park offers a centralized location for businesses to store and ship their products. This eliminates the need for businesses to have their own individual warehouses and allows them to take advantage of economies of scale. Secondly, an industrial logistic park is specifically for shipping and receiving goods, which means that it is much more efficient than a traditional warehouse. Finally, an industrial logistic park offers state-of-the-art security features that protect a business from theft and damage.