What Is Per m3 Warehouse Storage Pricing – Understanding Your Costs

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per m3 warehouse storage pricing

When storing inventory in a warehouse, one of the most common pricing models is per m3 warehouse storage pricing. Unlike per pallet pricing, cubic metre (m3) pricing charges based on the volume of your goods, making it ideal for businesses with irregularly sized items or non-standard pallets.

How Per m3 Warehouse Storage Pricing Works

Per m3 pricing is calculated based on the cubic volume your inventory occupies: Storage Cost=Volume in m3×Weekly Rate per m3\text{Storage Cost} = \text{Volume in m3} \times \text{Weekly Rate per m3}Storage Cost=Volume in m3×Weekly Rate per m3

For example, if your goods occupy 10 cubic metres and the warehouse charges AUD 15 per m3 per week, your weekly storage cost would be 10 × 15 = AUD 150.

Why Choose Per m3 Storage Pricing?

  • Flexibility: Perfect for items that don’t fit standard pallets or vary in shape and size.
  • Cost Transparency: You only pay for the space your goods actually occupy.
  • Scalability: Easily increase or decrease storage space as your inventory grows or shrinks.
  • Optimisation: Encourages efficient use of storage space, reducing wasted volume.

Factors Affecting Per m3 Warehouse Storage Pricing

  1. Warehouse Location
    Warehouses in Sydney’s high-demand areas (near Port Botany, Alexandria, or central Sydney) may charge higher rates than Western Sydney facilities.
  2. Type of Storage
    • Ambient storage: Standard room temperature storage for non-perishable goods.
    • Chilled/frozen storage: Higher costs due to energy requirements and compliance.
  3. Services Included
    Additional services like pick & pack, pallet handling, cross-docking, or inventory management can increase per m3 rates.
  4. Minimum Storage Volumes or Terms
    Some warehouses require a minimum m3 commitment per week or a minimum term for storage contracts.

Typical Per m3 Warehouse Storage Pricing in Sydney

Based on current 3PL warehouses in Sydney:

  • Ambient storage: AUD 10–20 per m3 per week
  • Chilled storage: AUD 25–40 per m3 per week
  • Frozen storage: AUD 35–50 per m3 per week

Note: Additional handling, palletising, or inventory services are usually charged separately.

Tips to Optimise Per m3 Storage Costs

  • Use efficient packaging: Reduce wasted space by consolidating boxes or using uniform containers.
  • Negotiate long-term agreements: Many warehouses offer discounts for longer commitments or higher volumes.
  • Choose the right warehouse: Western Sydney warehouses often provide lower rates while still offering efficient logistics access.
  • Track inventory accurately: Avoid overbooking space or paying for unused volume.

Smart Tip: If your inventory consists of irregularly sized or low-density products, per m3 pricing can save money compared to per pallet pricing while providing greater flexibility.

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Carewell Group offers expert warehouse storage solutions, including per m3 storage pricing in Sydney and Western Sydney. Our team can provide a tailored plan to optimise costs, space, and logistics efficiency.

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Carewell Group Pty Ltd
Unit 27/191, Mccredie Road, Smithfield, NSW 2164
Phone: +61 0477 123 699
Email: sales@carewellgroup.com.au | info@carewellgroup.com.au | logistics@carewellgroup.com.au

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