A warehouse in Patna is a place used for the storage or accumulation of goods. Storage and distribution are the two important functions that can be carried out successfully with the help of warehouses in Patna. Warehousing in Patna is a duty and responsibility for the storage of goods and in modern times even services. By storing products and their parts throughout the year and distributing; even exchanging and replacing them, as and when needed by consumers of these products, warehousing in Patna factors in time management.
There are two types of warehouses in Patna as described below:
The private warehouses in Patna are owned and operated by big manufacturers in Patna and large merchants in Patna to meet their own warehousing needs. Some big firms in Patna who require large storage capacity on a regular basis and who can afford money, construct and maintain their private warehouses in Patna go for private warehouses in Patna. Private houses in Patna are built by landowners and investors too. They rent out their warehouses in Patna to a specific company or multiple players as per the requirements of the tenants.
Public Warehouses in Patna:
A public warehouse in Patna
provides storage facilities to the general public for a certain
charge. It may be owned and operated by an individual or a
cooperative society. It has to take a license from the government.
Many cold storages are examples of such warehouses in Patna. They
are very important in the marketing of agricultural products and
therefore the government is encouraging the establishment of public
warehouses in the cooperative sector.
Storage of goods is the basic function of warehousing in Patna. Surplus commodities or goods in pipeline of transactional cycle which are not needed immediately are stored in warehouses in Patna. They can be distributed to the point of use as and when needed by the customers in Patna. Remember, the customers can be both; individuals as well as businesses in Patna.
Warehouses in Patna play an important role in stabilizing prices of goods and services. This is possible due to time management achieved by warehousing in Patna. Fall and rise in the prices of goods when their supply is greater than demand and vice-versa is avoided as the goods are stored and distributed to even up demand-supply cycle.
When the goods are stored in warehouses in Patna they are exposed to risks like theft, decay, fire etc. Due to this the business using warehouse in Patna may incur losses. Therefore the construction of warehouses in Patna assumes great importance and they are constructed in such a way as to minimise these risks of loss. Also, most of the stored goods are insured by business houses to minimize their risk.
A warehouse supervisor must take optimal care of the goods and safeguard them against various risks. For any loss or damage sustained by goods, warehouse supervisor is liable to the owner of the goods. Therefore, warehousing needs trained manpower and latest technologies to function smoothly and minimize losses.
Banks and other financial institutions in our country advance loans against goods stored in warehouses against warehouse receipts. Goods stored are treated as asset of business and therefore banks provide loans around them as their security. In this manner, warehousing in Patna acts as a source of finance for the businessmen for meeting day to day business operations.
In recent times specially after the advent of e-commerce warehousing in Patna has evolved and encompasses many more function than storing goods. Nowadays, warehouses in Patna provide the facilities of packing, processing, and grading of goods. They also help in replacement of defective goods within days.
There is need for warehouse or Godowns (as referred locally) in Patna to make them available to buyers in Patna as and when required for consumption by them. Some amount of goods is stored at every stage in the marketing process. Proper and adequate arrangements to distribute the products in good condition is essential for success in sales and marketing by any company. Warehouse in Patna enables a firm to carry on production in anticipation of demand in future and never miss a demand upsurge in the market. Warehouses in Patna enable the businessmen to carry on production throughout the year and to sell their products, whenever there is adequate demand.
Need for warehouse in Patna arises also because of cyclical nature of many businesses. Some goods are produced only in a particular season(Agri-products) but are required throughout the year. On the other hand certain products are produced throughout the year but are in high demand only during a particular season or during marriage season or festive season in Patna. Warehousing in Patna facilitates production and distribution on a large scale and on time of demand.
There will be a surge in
requirements for in-city warehouses in
Patna in the next few years
as e-commerce firms target faster, same
day deliveries in cities like Patna.
While there are
already large numbers of small warehouses within city limits in
Patna at present, sadly most of them are not designed for large
truck operations. There will be a need for warehouses in Patna with
facilities for trucks to enter, it means warehouses with greater
frontage and on wider roads in Patna.
With online shopping
for food and groceries and other things gaining transaction in
Patna, E-commerce firms are looking at having smaller storage space
closer to delivery areas in Patna. This will push the need for
modern warehouses in Patna with high level of automation
capabilities.
COVID-19 has
increased the affinity of Patnaites for online shopping
manifolds.Fuelled by factors like shift towards online shopping,
accelerated e-commerce demand, inventory stockpiling, increase in
demand for agri-warehousing and a more decentralized consumption
footprint - there are clear indicators that the warehousing
in Patna will witness a boom in year 2021.
30 THOUSAND SQUARE FEETS WAREHOUSE IS FOR RENT IN PATNA.
THE WAREHOUSE IS LOCATED AT MARCHA MARCHI ROAD BEHIND BY- PASS THANA. IT IS CONNECTED TO PATNA BY-PASS ROAD AS WELL AS PATNA-GAYA ROAD AND THE NEW BUST STAND.
RENT IS Rs.15 PER SQ.FT.
42 THOUSAND SQUARE FEETS WAREHOUSE IS FOR RENT IN PATNA.
THE WAREHOUSE IS LOCATED AT KARMALI CHAK NEAR DIDARGANJ TOLL PLAZA . IT IS VERY ACCESSIBLE FROM TRANSPORTATION POINT OF VIEW. THE WAREHOUSE FOR RENT IN PATNA IS NEWLY ERECTED.
RENT IS Rs.18 PER SQ.FT.
10 THOUSAND SQUARE FEETS UNDER CONSTRUCTION WAREHOUSE IS FOR RENT IN PATNA. IT IS ALMOST READY.
THE WAREHOUSE IS LOCATED NEAR NEW BUS STAND AT BARIYA, SAMPATCHAK. IT IS VERY ACCESSIBLE FROM PATNA-GAYA ROAD
RENT IS Rs.22 PER SQ.FT.
25 THOUSAND SQUARE FEETS READY TO OPERATE WAREHOUSE IS FOR RENT IN PATNA.
THE WAREHOUSE IS LOCATED NEAR BY BELDARICHAK CROSSING. IT IS VERY ACCESSIBLE FROM PATNA-GAYA ROAD AS WELL AS SH 78, BIHTA-SARMERA ROAD.
RENT IS Rs.17 PER SQ.FT.
ONE LAKH SQUARE FEETS COMPLETELY BUILT WAREHOUSE IS FOR RENT IN PATNA.
IT IS LOCATED NEAR BY PASS THANA, MARCHA MARCHI ROAD. IT IS VERY ACCESSIBLE TO HEAVY VEHICLES.
RENT IS Rs.20 PER SQ.FT.
LOCATION OF Warehouse in Patna :- Transport Nagar
SIZE :- 4000 Sq feet
RENT:- Rs. 25 /Sq Ft
LOCATION OF Warehouse in Patna :- Near Bayria New Bus Trminal
SIZE :- 1800 Sq feet
RENT:- Rs. 15 /Sq Ft
LOCATION OF Warehouse in Patna :- Karmali Chak
SIZE :- 3000 Sq feet (Ground + First)
RENT:- Rs. 18/Sq Ft
LOCATION :- Zero Mile By-Pass Road
SIZE :- 12000 Sq feet
RENT:- Rs. 18 /Sq Ft
LOCATION :- Sampatchak
SIZE :- 3000 Sq feet
RENT:- Rs. 12/Sq Ft
LOCATION :- Shivala Chowk
SIZE :- 10000 Sq feet
RENT:- Rs. 10/Sq Ft
When we buy something online in Patna, it is delivered at our home. But before it is delivered to us at our doorstep, it was likely stored in a warehouse in Patna or nearby. E-commerce players like Amazon, Flipkart and others are driving warehousing and logistics in Patna to deliver orders placed on their apps or websites at faster and faster speeds day by day.
Have you ever wondered that how it is done? There are 4 main steps through which online companies deliver goods to us at our home in Patna.
To store inventory means placing specific products in marked locations. Each Stock Keeping Unit that a company sells in Patna should have its own storage spot within the warehouse in Patna. Warehousing in Patna and storage makes it possible to:
Shippers send inventory to a warehouse in Patna where products are received, stocked, and arranged in a way that makes for efficient movement to keep operations running smoothly. Warehousing operations in Patna are optimized to accept incoming inventory in a timely manner by knowing which products are arriving and how many units of each product is arriving.
After the inventory has been stored and is ready to be transported again to customers in Patna, shipping carriers such as DTDC, DELHIVERY etc. pick up orders from the warehouse in Patna and ship them to their next destination.
Distribution centers in Patna are most often used by big online retail companies that have both a physical and online presence. They are best for shorter-term storage until products are needed by customers, at which point it is typically sent directly to retail locations, wholesalers, or consumers. Distribution centers are demand-driven with products moving in and out at a rapid pace by trucks constantly dropping off and picking up items.
Warehousing logistics includes being prepared for returns as sometimes for various reasons customers in Patna are not satisfied with some or other aspect of the delivered product. For example in case of footwears the size may be an issue. Warehousing operations must be able to receive, assess, and process each returned item. A complete reverse engineering is required in case of return in the supply chain.
These above mentioned four steps are the mainstay of services that the e-commerce giants are providing to us in Patna.
LOCATION :- Zero Mile
SIZE :- 62500 Sq feet
RENT:- Rs. 8/Sq Ft
LOCATION :- Sampatchak
SIZE :- 36747 Sq feet
RENT:- Rs. 5 /Sq Ft
LOCATION :- Sampatchak
SIZE :- 95270 Sq feet
RENT:- Rs. 3/Sq Ft
With new technologies, urbanization, and the ever-growing world of online shopping, warehousing in Patna has never been a hotter topic in Patna real estate — so much so that there has even been a shortage of warehouse space in certain areas of Patna as per the demand of the companies in recent time.
Storage facilities or warehouses in Patna can range from large warehouses with equipment such as forklifts, containers, shelves, and docks, to smaller storage spaces to hold excess product. Lease terms vary from short-term (11) months) to long-term (9 years or even more) commitments . Warehousing may even assist with wholesale or B2B orders where large quantities of inventory need to be shipped.
As Bihar evolves as an economy, sophisticated logistics and warehousing systems would be a key trigger for the the entire gamut of trade activities. As our state lacks industries and manufacturing sector it’s the trading activities where the demand for warehousing will come from in Bihar. And warehouses in Patna are evolving at a rapid pace with the average size of warehouses in Patna increasing from around 10,000 sq. ft. to 50,000 sq. ft. in a few years. And demand for warehouses of around 100000 sq ft is not uncommon in Patna real estate.
In Bihar warehouses dealing with agricultural and horticulture products account for a larger part of the total warehousing industry in Bihar, cold storages too have a fair share. In Bihar, especially Patna it’s the warehouses catering to the industrial and retail players that will be in demand in coming years. A break from traditional Godowns is on cards especially after implementation of GST.
Adoption of Warehouse Management System (WMS) and other IT-driven solutions are becoming effective in increasing the competitiveness of the warehousing industry. WMS helps warehouse operators to track inventory, orders and provides data about the products stored and can also be transmitted back to the manufacturers. It is bound to increase the efficiency and reduce the turnaround time of warehousing in Patna.
As real-estate and construction costs in Patna are rising, it has become important for warehouse operators in Patna to maximise utilisation of each available square feet of space and also to build more economical structures. That’s the reason why alternative construction systems like pre-engineered steel buildings are becoming more and more popular in warehousing in Patna.
The size of individual warehouses in Patna is also growing and they are now becoming cargo hubs to store goods for multiple clients. As in Patna warehouses are mainly for trading activities, multi –client warehouses are more common. The other benefit of multi-client warehouses is that all goods inside a warehouse are managed by one contract manager. It allows various users of a warehouse to leverage their resources, as a lean period for one user could be the peak period for another and therefore these warehouses are in demand with large corporate houses and small e-tailers.
The location of a warehouse is also therefore becoming increasingly important to facilitate free cargo movement and also to ensure time-bound operations. A locality can become a hub for warehouses largely because of its location advantage. The connectivity and low real-estate cost of an area determines its advantages for warehousing.
Further, the e-commerce sector has been a big boon to the logistics industry. The real action in coming days is going to be places like Patna where the demand is picking up. The challenge is in delivering. Logistics companies will have to set the ball rolling from now by creating more fulfillment centres in strategic locations in Patna.
With better infrastructure through efficient use of technology and manpower, the warehousing industry in Patna is bound to play a larger role in the growth of the Bihar’s economy.
There are many factors that influence warehousing renting in Patna. We publish 7 factors which one should think when searching warehouses for rent in Patna.
SKUs help business keep track of their inventory and also help calculate potential storage cost and how much space they need in a warehouse in Patna.
Seasonal variations in supply and demand can make warehousing logistics in Patna very complicated. If the sales fluctuate seasonally or month-over-month, renting a dedicated warehouse in Patna for your business may become costly during the low seasons or lead to a shortage of space when you get a new batch of inventory or during peak season and the holidays.
The suitable location for a warehouse in Patna will depend on your needs. If your goal is to store a lot of product in bulk over a long period of time, you can pay less by finding a rural location or a facility near a transportation hub. If your goal is to get orders delivered to customers as quickly as possible, you’ll want a warehouse in Patna near your customers’.
As business grows, logistics become more complex and require expansions. To optimize supply chain and reduce costs, you’ll need to select the most favorable locations in Patna in terms of size and locality.
Whether you plan to manage your own warehouse in Patna or outsource logistics to a third-party, technology is a critical piece of warehouse management and operations nowadays.
If you’re in need of additional services outside of traditional warehousing in Patna, pick, pack, and ship functions, be sure to find a company that can handle your unique requirements such as, cross-docking, B2B orders, refrigeration services, and whatever else your business may need.
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