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Warehouse & Storages
Logistics comprises three primary functions that are: transportation, distribution and warehousing. Warehouses allow businesses to have maximum inventory control as they act as a centralised location that makes it easier to pick, distribute and transport goods to desired consumption centres. Warehouses also provide businesses with economic benefit, efficient storage and logistical operations help to reduce transportation costs, shipping costs, order delivery costs and more.
General Warehouse Storage
General warehouse storage provides an accumulation of goods at one place which imparts efficiency in the overall logistics system. General warehouses store inventory in various ways that range from floor storage, semi-automatic shelf racking, automatic shelf-racking, manual/robotic storage systems and more.
Bonded Warehouse Storage
Bonded warehouses are “customs controlled warehouse storage for the retention of imported goods until the duty owed is paid.” Bonded warehouses can be government-owned or privately owned. The primary function of bonded warehouses is to store bonded goods until customs duty is paid, or when the dutiable products are out of the warehouse. Bonded warehouses allow importers to handle temporary liquidity crunch, as no duty is paid until goods are released – giving complete control of payment to the importer. Bonded warehouse facilities also offer importers with other logistics solutions, along with various storage systems to best meet business requirements.
Fulfilment Centers
The term ‘fulfilment’ refers to the process of fulfilling customer orders via third-party logistics providers. Fulfilment centres are order processing warehouses that are located close to customers. With the rise of the e-commerce industry, fulfilment centres have become a vital part of the supply chain and aid activities such as order management, picking, packing, returns control and more. Although e-commerce businesses utilize fulfilment centres dominantly, they’re becoming an essential component for manufacturers, retailers, wholesalers and distributors as well.
There are different storage systems incorporated at warehouses. These storage systems aim at the accessibility of inventory and efficiency of operations.
