The main value of warehousing logistics includes time value and space value. The main value created by the warehousing link in logistics activities is time value. Warehousing overcomes the time distance between supply and demand through storage and custody, and creates the time utility of goods, such as creating value by shortening time, making up for the time difference between supply and demand, and extending the time difference.
Specifically, the time value of warehousing logistics is reflected in the following aspects:
Shortening time: By shortening the logistics time, logistics losses can be reduced, logistics consumption can be reduced, funds can be saved, and the turnover of goods can be increased.
Make up for the time difference: Logistics makes up for the time difference between supply and demand through scientific and systematic methods to realize its time value.
Extend the time difference: In some specific logistics activities, artificially extending the logistics time creates value, such as the grain produced in autumn is stored through warehousing, and the logistics time is consciously extended to balance market demand.
In addition, warehousing logistics also has spatial value. Spatial value is the value created by changing the spatial position of goods. Warehousing overcomes the spatial distance between supply and demand and creates the spatial utility of goods through transportation, handling, loading and unloading and other activities. Specific forms include:
Flowing from concentrated production sites to dispersed demand sites: for example, agricultural products are transported from farmland to urban markets.
Flowing from dispersed production sites to concentrated demand sites: for example, parts are transported from multiple suppliers to assembly plants.
Flowing from production in place A to demand in place B: for example, goods in an international supply chain are transported from one country to another.
These value creation methods not only improve logistics efficiency, but also reduce logistics costs, and enhance the competitiveness of enterprises and customer satisfaction.
