Importance of Different Types of Warehouses

A warehouse or godown is a commercial building that is used to store different goods. These building are mainly used by the manufacturers, transporters, importers, exporters, customs, etc. The warehouses are simple but large buildings made in the industrial areas.

Importance of Warehouses:

Ø    Protects goods in different climates
Ø    Protects goods from being theft
Ø    Stores raw materials to be used in the future
Ø    Stores excess goods to be sold in the future
Ø    Helps to avoid shortages in the market
Ø    Minimizes price fluctuations
Ø    Makes the international trade possible
Ø    Helps the traders to store their cargos before paying the final duty
Ø    Important for seasonal demands and production
Ø    Contains space to display goods

Types of Warehouses:

>    Retailers warehouse
It stores bulk purchases by the wholesalers with good packaging. Retailers can purchase these goods when the rate is low and then stores the excess purchased goods.
>   Wholesalers warehouse
Wholesalers store goods from different manufacturers. These are used for grading, blending, branding, and packing.
>   Cash & Cary warehouse
Retailers can buy in small or bulk quantities. In case of bulk purchases, no delivery is made as there are no credit options.
>    Cold storage
These are some special facility storage houses containing refrigerating plants. Cold storages are used to store perishable goods. Here required temperature can be set and insulation can be applied.
>    Regional distribution centre
These are maintained by a group of wholesalers or retailers. Regional centres are built where feasible road communications are available. Various supermarkets, food chains, franchises, etc. use regional distribution centres.
>   Manufacturers warehouse
Manufacturers use these to stock the raw materials and finished products. This storage helps them to carry on their production except for the shortage of raw materials in the market. These are built inside  the production houses.
>    Public warehouse
These are government owed. Different government concerns and private agencies (on rent) can stock their materials here.
>    Bonded warehouse
Bonded warehouses are also owned by the government but the custom authorities maintain them. These are generally located near the ports. Traders who store durable goods here need to pay the rent. Bonded warehouses help the government to gain custom duties.

There are various types of warehouse or godown available on rent in Tajola, Navi Mumabi. These are equipped with a huge space and good transportation facilities. These warehouse godowns are located at the prime locations in Tajola, to meet the requirements of a wide range of business houses.

Thus, warehouses play a major role in achieving profits in every business.