Define Warehouse. Explain in detail types of Warehouse.
Answers
A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns or villages.
TYPES OF WAREHOUSE:
Public Warehouse. ...
Automated Warehouse. ...
Climate-Controlled Warehouse. ...
Distribution Center.
Answer:
explain the types of warehouse
Explanation:
Private Warehouses - The warehouses which are owned and managed
by the manufacturers or traders to store, exclusively, their own stock of goods are known as private warehouses. Generally these warehouses
are constructed by the farmers near their fields, by wholesalers and
retailers near their business centres and by manufacturers near their
factories. The design and the facilities provided therein are according
to the nature of products to be stored.
ii. Public Warehouses - The warehouses which are run to store goods of
the general public are known as public warehouses. Any one can store
his goods in these warehouses on payment basis. An individual, a
partnership firm or a company may own these warehouses. To start
such warehouses a license from the government is required. The
government also regulates the functions and operations of these
warehouses. Mostly these warehouses are used by manufacturers,
wholesalers, exporters, importers, government agencies, etc.
iii. Government Warehouses - These warehouses are owned, managed
and controlled by central or state governments or public corporations
or local authorities. Both government and private enterprises may use
these warehouses to store their goods. Central Warehousing Corporation
of India, State Warehousing Corporation and Food Corporation of India
are examples of agencies maintaining government warehouses.
iv. Bonded Warehouses - These warehouses are owned, managed and
controlled by government as well as private agencies. Private bonded
warehouses have to obtain license from the government. Bonded
warehouses are used to store imported goods for which import duty is
yet to be paid. In case of imported goods the importers are not allowed
to take away the goods from the ports till such duty is paid. These
warehouses are generally owned by dock authorities and found near
the ports.
v. Co-operative Warehouses - These warehouses are owned, managed
and controlled by co-operative societies. They provide warehousing
facilities at the most economical rates to the members of their society