Chicago's Leader in Warehousing and Distribution, Presents its Blog:

Unlocking the Benefits: Anchor Tenant Program in Chicago, IL

Posted on Wed, Dec 06, 2023 @ 12:01 PM

Discover the advantages of the Anchor Program in Chicago and how it can unlock opportunities for growth and development.

What is the Anchor Program?

The Anchor Program is a unique initiative offered by Neill Cartage & Warehouse that aims to support businesses in Chicago, IL. It provides a range of benefits and incentives to help businesses thrive and grow in the city.

By becoming an anchor tenant in Chicago, businesses gain access to a wide range of resources and opportunities. The program offers state-of-the-art storage facilities, including two months of free storage for all new programs. This allows businesses to securely store their goods and materials without incurring additional costs.

In addition to free storage, the Anchor Program also provides discounted trucking rates. This means that businesses can save on transportation costs when moving their products to and from the storage facilities. These discounted rates can significantly reduce overhead expenses and improve the overall profitability of businesses.

Moreover, being a part of the Anchor Program opens doors to new opportunities for businesses. Neill Cartage & Warehouse has established strong partnerships and connections with other businesses and organizations in Chicago. These connections can help anchor tenants expand their network, collaborate with other industry leaders, and explore new avenues for growth and development.

Overall, the Anchor Program offers a comprehensive package of incentives and benefits to businesses in Chicago. By taking advantage of this program, businesses can optimize their operations, reduce costs, and tap into new opportunities for success.

Financial Incentives for Businesses

One of the key aspects of the Anchor Program is the financial incentives it offers to businesses. These incentives are designed to support businesses in their growth and development, and provide them with a competitive edge in the market.

One of the main financial incentives is the two months of free storage offered on all new programs. This means that businesses can save on storage costs, allowing them to allocate their resources towards other critical aspects of their operations. Whether it's storing inventory, equipment, or materials, businesses can take advantage of this incentive to streamline their storage needs and reduce expenses.

Additionally, the Anchor Program also provides discounted trucking rates. This can have a significant impact on businesses' transportation costs, as shipping and logistics expenses can often be substantial. By accessing discounted rates, businesses can lower their overhead expenses and ultimately increase their profitability.

Furthermore, the financial incentives offered through the Anchor Program can help businesses attract and retain customers. By passing on the cost savings from the program to their customers, businesses can offer more competitive pricing, making their products or services more appealing in the market.

In conclusion, the Anchor Program's financial incentives are a valuable asset for businesses in Chicago. By taking advantage of these incentives, businesses can optimize their financial resources, reduce costs, and gain a competitive edge in the market.

Tags: Chicago Warehouses, Asset Based 3PL, Chicago Public Warehouses, Midwest 3PL's, Public Warehouses

Why Companies Should Use a 3PL Partner!

Posted on Mon, Aug 12, 2013 @ 12:00 PM

 Chicago Public WarehouseNeill Cartage and Warehouse - Chicago's premier full service logistics, warehousing, and distribution company. Servicing the Midwest since 1946.

 

Leveraging our core competencies in warehousing and distribution Neill Cartage and Warehouse designs and implements optimized solutions that will allow our customers to do one or more of the following:

Reduce total operating costs
Enhance internal productivity
Enhance competitive standing within their industry

We will design, implement, and operate a complete warehouse program that enhances your supply chain.  If you are looking for a comprehensive package, our strategic relationships with other key third-party providers (including transportation providers, freight forwarders, and other regional warehouses) afford us the capabilities to build a complete logistics solution. At Neill Cartage and Warehouse, you will find a management team dedicated to finding the best solutions for your company.

Optimize Capital & Asset Utilization:

Outsourcing to Neill allows you to free up capital and assets to focus on your core competencies. In today’s economy maximizing the return on your investment is critical. By eliminating the brick and mortar investment of operating your own distribution facility and the costs associated with it, you can divert capital and other resources to areas that directly contribute to your revenue stream.

Accelerate Product Movement:

It is a frequent misconception that outsourcing will result in a loss of control. In fact, Neill's management control along with your management’s attention should actually improve control of your supply chain. Added process control coupled with other efficiencies introduced by Neill will result in a greater velocity of goods through the distribution point. Accelerated product movement and lower inventories will translate to lower distribution costs and less capital tied up in inventory.

Open New Markets:

Outsourcing with Neill can enable you to position your product closer to your target markets, providing better service to your customers, and lower your overall costs. These improvements can help open new markets and enhance your competitive standing within your industry.

 

 

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Tags: Third-Party Logistics, Warehouse, Midwest 3PL's, Public Warehouses

Public Warehouses in Today's Supply Chain

Posted on Tue, Jul 09, 2013 @ 11:46 AM

 Chicago Public WarehouseNeill Cartage and Warehouse - Chicago's premier full service logistics, warehousing, and distribution company. Servicing the Midwest since 1946.

 

Many company’s supply chain will incorporate some warehousing function. This can be company-owned, owned by a third party logistics (3PL) company or could be a public warehouse. At certain times, extra warehouse space is required due to any number of factors. Whatever the reason the use of public warehousing is a useful tool for the supply chain manager as they try to find the greatest efficiencies in the supply chain.

The public warehouse is not only a facility where a company can store their products, but the public warehouse offers inventory management, physical inventory counts and shipping functionality. The public warehouse charges their clients for a certain rate for the goods stored, the volume of the warehouse used and the services the client wishes to use. The company using the public warehouse does not have to employ warehouse staff, does not require any inventory software or warehouse equipment. The owner of the public warehouse is responsible for the costs and passes this on to their clients based on the rate they are charged.

Although most companies see public warehousing as a short-term solution it can often turn into a long-term relationship as companies been accustomed to convenience of the public warehouse services. Companies that own and operate public warehouses, invest significantly in modern facilities to remain competitive. They offer clients increasing levels of flexibility in order to retain and attract additional clients. Public warehouses offer companies a range of labor solutions including picking, packing, inventory control software and dedicated workforce. Public warehouses will also allow clients to bring in their own warehouse software so that the public warehouse becomes a satellite location with real-time data.

Criteria for Choosing A Public Warehouse

Because of the increasing competition between the public warehouse operators, potential clients should review the capabilities of each potential warehouse to identify which would be the best fit. Each client will have a number of factors that need to be considered when selecting a public warehouse. Companies have a variety of reasons why they require an outside warehouse, as well as their short-term and long-term needs and the price they are willing to pay for the service. However, the majority of the following criteria is likely to be used by all companies comparing public warehouse sites.

  • Geography
  • Technology
  • Customer Service
  • Expansion
  • Company Network
  • Flexibility

 

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Tags: Logistic Provider, Chicago Public Warehouses, Public Warehouses