3 Things You Should Know About Warehouse Agreements
Public warehouses usually work under an agreement that outlines specific services and rates for an allocated time frame. The time frame will vary depending on the type of warehouse you choose; most allow you to go month-to-month, though there are others who require a longer commitment. Here are three things you should consider before signing a warehouse agreement.
Storage Period and Charges
The storage period and charges should be agreed up front and will not change for the extent of the agreement. Storage fees are usually charged per package (or other agreed upon unit) per month. Make sure you know exactly when the storage month begins – this will be the date upon which the warehouse accepts care of your goods.
This section of the agreement will cover the handling requirements and fees for the following:
- Receiving goods at the warehouse door
- Putting goods into storage
- Returning goods to the warehouse door
Handling charges should be paid as goods are received at the warehouse. There is usually a separate fee for any labor involved in loading and unloading the goods. Special services may be provided for an additional fee. These include:
- Receiving or delivering goods outside of normal business hours
- Compiling special stock statements
- Providing package materials or other special supplies
Goods may only be received or delivered with your specific written instructions. The may be made by E-mail, FAX or EDI. You may sign the contract agreement which enables you to deliver instructions via telephone. You must give the warehouse a reasonable time to carry out the instructions.
At Bonded Services we are proud to be the regional leader in the transport and storage industries. We are committed to providing high-quality services including secure public warehousing, contract warehousing, reliable order fulfillment, transportation, and inventory management. Contact us today to discuss how we can fulfill your transport and storage needs.