Dawsongroup | finance

A Smarter Asset Strategy for 2024

As the new year hype starts to fade, many businesses are looking ahead to how they can grow and develop this year, and seeking asset finance solutions that will support their need for financial resilience and operational flexibility, especially those who are in the capital-hungry warehouse and logistics sector. 

E-commerce in the warehouse and logistics sector 

Automation is quickly transforming operations in this area, with ever-more sophisticated technology being introduced and offering improvements for things like handling, storage, and distribution processes. 

To stay competitive, businesses need to take advantage of the benefits that these technologies offer. However, they can come with a hefty price tag… This leaves businesses questioning how they can acquire the assets they need while managing risk and safeguarding capital on top of keeping monthly outgoings affordable. 

Ditch the ‘borrow and buy’ thinking 

Many businesses only think about spreading the cost but with technology evolving so quickly, transitioning to a usership model can make a real difference, helping a company reduce costs, and improve productivity while keeping their all-important capital liquid to invest in growing the business.

One size doesn’t fit all

In a sector where there is such a variety of tools and technology, there is no one-size-fits-all approach to the procurement and management of assets across their lifecycle – from acquisition to operation and maintenance to upgrading and disposing of them.

This is why understanding each business’s needs, and understanding the everyday usage of assets, is highly important and will play a huge role in structuring the right financial solution. For example, some businesses may benefit greatly from a rental option while in another case it may be best to look into another leasing solution. 

Using Dawsongroup’s Smarter Asset Strategy

Our Smarter Asset Strategy can take away some of the risks that come along with leasing and give your business a chance to excel. 

From being able to gain access to the latest equipment and having the opportunity to upgrade when a more advanced technological asset becomes available, there are many benefits behind choosing this leasing strategy, especially for the logistics and warehouse sector. 

If you want to make use of asset procurement and management that is tailored to how your business works, then get in touch with our team today and position yourself to seize every opportunity 2024 sends your way.