Question

Classify the various types of warehouses

Answer 1

1 private private -warehouse private warehouse are operated on owner or leased by a company handling their own goods such as it is retail chain stores all multi-brand multi product companies 2- public warehouse_ public warehouse can be used for storage of a goods by traders manufacturers are or any members of the public after the payment of a storage free or charges.3- bonded warehouse- bonded warehouse other licensed by the government to accept imported goods prior to payment of tax and custom duty. 4- government warehouse -these warehouse are fully owned and managed by the government 5.Cooperative warehouse- some marketing cooperative societies or agricultural cooperative societies have set up their own warehouse for members of the cooperative society