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 demand 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.

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Comments 16 comments

nilum profile image

nilum 7 years ago

Nice information you have provided

Cool


i imi profile image

i imi 7 years ago Author

Thanks a loat


queen cleopatra profile image

queen cleopatra 7 years ago

One of the future investments I like is building a warehouse for lease. Until now, only two types of warehouse existed to me. Thanks for the added info. :)


prasadjain profile image

prasadjain 6 years ago from Tumkur

Good article. but, you can still make this more useful by providing certain hints about keeping them clean, dangers that may happen there, precautionary measurres, etc. There are many people who do not know anything about such things.


FIDERIS OBARE 6 years ago

IIndeed this document has been very helpful,keep it up but still nedds more updating


salman 6 years ago

very helpful cocept


KOLAWOLE BRAVO ADEOSUN 6 years ago

INDEED,THIS ARTICLE HAS BEEN HELPFUL TO ME SO MUCH BECOME IT REALLY HELPS ME ALOTS IN SECURING A DESIRED JOB DAT RELATE WITH THIS ARTICLES.


jummahgjfhk 5 years ago

IIndeed this document has been very helpful,keep it up but still nedds more updating


Lumper 5 years ago

Bonded warehouses are where we specialize our efforts. Having bonded lumpers helps a lot!


karol khoins 5 years ago

wat of this one mime........am able to meet ma customers needs on time.


ochieng shem 5 years ago

hii article iko juu2 sana.guys keep it up


abhiram 5 years ago

its very helpful for us,thank u


abhiram 5 years ago

its very helpful for us,thank u


clare amoit 4 years ago

it help us much in terms of securing goods.


Jebrah 4 years ago

What of automated warehouse?....read somewhere abt it.


benard s o bunde 4 years ago

good article but shoul be more elaborate

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