7 Types of Warehouses - Explained
A warehouse is known as "an establishment for the storage or collection of goods."
why warehouse is important in business?
Warehouse plays important role in business. warehousing has been around for many decades, and it has helped businesses provide various storage needs. It creating inventory control, keep price stabilization, risk-bearing, financing, Grading and packing, Transportation, Time and place utility, processing that's why a warehouse is important. for more detail - 7 Ways a Self-Storage Unit Can Benefit Your Business
TYPES OF WAREHOUSING
- Private warehouse
- public warehouse
- Bonded warehouses
- Duty paid warehouses
- Government warehouses
- Co-operative warehouses
- Cold storage warehouses
For example, retailers may want the extra stock to prepare for in-store sales or order a high volume of stock that is given at a low promotional rate by a supplier.