The warehouse space race to reach new customers

The hunt for extra warehousing space in the run-up to the year's busiest retail events has started with an increasing number of retailers looking for extra space for inventory to fulfil their customer orders.

Now, there is a smart way to match both space and demand using a new free service that links both ends of the retail chain. Warehouse providers have the ideal solution to maximise on earnings by filling empty space that is desperately needed by these retailers.

LogistCompare is a new portal for the UK market offering an easy and productive way to link retail and e-commerce customers looking for available warehouse space. With demand fluctuating and space limited in some areas, the new service enables customers to enter their preferred location and space requirements and then receive a selection of warehouses and costs for them to evaluate and follow up directly with the warehouse through the portal. This brings the search for both space and customers together in an easy to use IT solution and is a completely free service for retailers looking for warehouse space.

Serafina Valente, Managing Director of LogistCompare, sees this new portal as the ideal solution for warehouses looking to fill space and those retailers searching for extra and increased seasonal warehousing solutions.

"Retailers look for warehousing space often with short notice to cover seasonal demands and finding the right space at the right price can be challenging. Forward planning requires knowing where to find extra available warehouse space is critically important for them. Our portal is a free service offering retailers a platform to reach out to warehousing providers. This on-demand service means warehouses now can advertise their free space in real time and interact directly with potential clients. With no third-party to slow the process down, there is the ability to speedily fulfil retail demand and access warehouse availability."

Recent efforts to link warehouse providers and retail customers have stumbled over quotations that can often take days rather than hours to create. Using the LogistCompare portal gives warehouses a real-time ability to compare offerings and make decisions in hours instead of days. Serafina Valente sees this as the crucial aspect of LogistCompare service.

"This is a service offering live space availability giving both parties interactive communications showing options and costs that can be sourced on-line. Warehouses can now advertise their space and talk directly with retailers looking for last minute or increased seasonal inventory space. We have clients looking for space right now and all it takes for warehouses to reach them is to join the portal. They get two month's free and then it is just £50 per month per site. Furthermore with so much interest from retailers looking for warehouse space, we are also offering an extra free month to the first 20 subscribers only (providers can to come out from the contract after they have used it for three months with just a month's notice).

Our portal algorithms do all the hard work and all the warehouses have to do is decide which retail demand they want to fulfil. The system is free, simple to interact with and warehouses can name their own terms and accept or reject the projects they want. The portal enables quotations, negotiations, bookings and payments to be made through the platform. With so many new clients logging into our site each week looking for extra space and with both Black Friday looming and Christmas orders starting to be made, it is the ideal time for warehouses to reach out to potential clients and clear that extra capacity they are holding."

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