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Warehousing - Types, Capabilities and Traits
A warehouse is a commercial building used for storage of products while warehousing is the process of proper storage and handling of goods and cargo using scientific strategies in the warehouse and making them available conveniently when needed. In right this moment's scenario, warehousing is considered as one of the most essential aspect of trade.
Need for warehousing
Some commodities are produced in a particular season only. To ensure their off-season availability, warehousing is needed.
Some products are produced all year long however their demand is seasonal. Warehousing is vital in such cases.
For the businesses which go for large scale production and bulk supply, warehouse is an unavoidable factor.
Warehousing assist corporations guarantee quick provide of products in demand.
Production of products and their movement of products are important for the businesses for continuous production of goods.
Warehousing can be necessary for price stabilization. For crucial goods, the Government stores them within the warehouses and management its supply in the market as per the value fluctuations.
Another important need of warehousing is for bulk breaking. Consider a trade agent who imports items from a country for a large number of patrons in his own country. He first takes the products to his warehouse and break it into small parts for supply to the buyers.
When it comes to price saving, warehousing helps the traders with cross docking. All the products are consolidated within the warehouse after which stuffed into containers as per their destination. This is especially beneficial for small traders who export low quantity of goods.
Main capabilities of a warehouse
Storage of goods
Protection of products
Risk bearing
Financing
Processing
Grading and branding
Transportation
Types of warehouses
Private Warehouses These are owned by the manufacturers or traders/distributors. Private warehouses are used to store completely owned goods. These are usually favorred by farmers close to their fields, wholesalers/distributors/retailers near their territory, manufacturers close to their factories, exporters/importers near ports. Private warehouses provide higher control over movement and storage of products and less possibilities of error. Alongside with this, product specific storage strategies could be opted in private warehouses. However, higher operation costs and inflexibility in storing completely different products are the major disadvantages of private warehouses
Public Warehouses These warehouses are meant for use by basic public. Anyone can store their goods in public warehouses for a nominal rent. These warehouses could be private or state owned. In case a private company wants to start a public warehouse, it has to compulsorily receive a license from the government. Besides this, the operations of these warehouses are also regulated by authorities agencies. These warehouses are less costly and more value effective. They are versatile sufficient to store totally different kinds of products. Public warehouses supply better utilization of money as the consumer pays only for the space occupied. However public warehouses usually are not considered goods when it involves such items which require special dealing with techniques. Additionally the probabilities of error are more here because of widespread storage of all goods.
Government warehouses The federal government warehouses are owned, managed and governed by Central or State government. They can be used by each private firms and authorities companies for storage of goods. They're thus also considered a form of public warehouses owned by government. Authorities warehouses offer higher security and safety of goods as a result of high involvement of government. They are very less expensive however require considerable paper work to be done.
Traits of a really perfect warehouse
It should be conveniently located near highways, railway stations, air ports, sea ports etc. for loading and unloading of goods.
Mechanical appliances must be there to lift, load and unload goods.
It should be spacious enough.
Food storage warehouses should have enough facilities to prevent meals from perishing.
Proper arrangement to save items from sunlight, dust, rain, moisture and pests ought to be available.
Enough parking house needs to be there to facilitate quick and simple loading and unloading of goods.
Security arrangements should be strict and around the clock.
Modern and tested firefighting equipment should be installed in the premises.
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Website: https://www.thaiindustrialproperty.com/th/city/chon-buri/
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