TYPES OF WAREHOUSES

Tuesday, September 8, 2009

TYPES OF WAREHOUSES

(1) Public Warehouse

It is operated in. accordance with the law for the purpose of storing

goods for other people at profit. Some times a large arrives in part when it is not Convenient for the importer to take in into his custody. During such

periods these goods have to be stored somewhere. Similarly, even in trade they have to be stored between the time they are made and the time they are required for use. A public warehouse provides facilities for storing all such goods. It thus render many useful services to the trade. It enables smaller sellers to carry regional stocks. This factor is very important in competitive markets.

(2) Private Warehouse

This type of warehouse belongs to the owner of goods, usually a wholesaler, who stored his goods. There in order to supply to retailers in future. Goods are produced in large quantities in anticipation of future de

mand and for the unknown customers. The ultimate wholesaler finds it necessary to purchases goods in advance in large bulk and to store them for future supply.

(3) Bonded Warehouses

It is one which is licensed to accept imported goods for storage before payment of customs duties. By storing his goods in a bonded warehouse the importer gains some control without paying the duty. The goods in bonded warehouses are under the strict supervision of customs officers and before the owner can interfere with them, previous permission is necessary.

(4) Government Warehouse

This type of warehouse is mainly located at the important sea ports and in most cases is owned by the Dock Authorities. The general public can also use this group of warehouse on payment of fixed charges. If a customer cannot pay the rent within the specified period or time, then the authority can recover the rent by disposing of the goods.

6 comments:

faisal said...

good for all

mihrm HQ said...

for type of promoted? climate-controlled, distribution centre and inland depot operators?u have any idea????

Pravesh Vishwakarma said...

awsome.. site

Akshatha Rao said...

what is a first party warehouse

rottlm said...

so all this warehouses, do they add value to a product and if not what do you advise would be a wms?

Roel Bobis said...

I'm looking for affordable warehouse in the Philippines

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