{"id":101635,"date":"2023-02-28T05:59:00","date_gmt":"2023-02-28T05:59:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=101635"},"modified":"2023-06-21T22:17:35","modified_gmt":"2023-06-21T22:17:35","slug":"warehousing","status":"publish","type":"post","link":"https:\/\/businessyield.com\/management\/warehousing\/","title":{"rendered":"WAREHOUSING: MEANING, TYPES & WHAT YOU SHOULD KNOW","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

A warehouse refers to a large building or facility where goods or products are stored and managed. Warehousing is an essential part of the logistics and supply chain management processes, where it ensures the safekeeping of goods until they are ready for distribution or sale. Warehousing involves the receipt, storage, and dispatch of goods and various activities such as packing, sorting, labeling, and inventory management.<\/p>

Types of Warehousing<\/span><\/h2>

The following are the different types of warehousing:<\/p>

#1. Private<\/h3>

This is a facility that is owned and operated by a company to store its own products. These warehouses are used for long-term storage and distribution of products and are usually located near the company’s manufacturing unit.<\/p>

#2. Public<\/h3>

Public warehousing provides storage and other related services to multiple companies. These warehouses are usually operated by third-party logistics providers and offer shared storage space to different businesses.<\/p>

#3. Bonded<\/h3>

Goods are stored in a bonded warehouse without paying import duties or taxes until they are ready for distribution. These warehouses are used for the temporary storage of goods before they are exported or sold in the local market.<\/p>

#4. Automated<\/h3>

The storage and movement of goods are managed by automated systems such as conveyor belts and computerized systems. These warehouses are used to optimize the storage and handling of goods and improve efficiency.<\/p>

Cold Storage Warehouse: In this facility, goods that require temperature-controlled storage, such as perishable goods and pharmaceuticals, are stored. These warehouses have refrigeration systems to maintain the required temperature and humidity levels.<\/p>

Functions of a Warehouse<\/span><\/h2>

The function of warehousing is to provide a safe and secure place to store goods until they are needed for sale or distribution. Warehousing serves several important functions in the supply chain management process, including:<\/p>