Explain in detail the warehousing services.

The different types of warehouses are:


a. Private warehouse: It is operated, owned or leased by a company handling their


own good. This type of warehousing has an advantage in control, flexibility, and improved dealer relations. For example, retail chain stores or multi-brand multi-product companies.


b. Public warehouse: These are used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee. It is regulated by the government.


c. Bonded warehouse: These warehouses are licensed by the government to accept imported goods before the payment of taxes and customs duties. The importers and not allowed to remove the goods from these until the custom duty is paid.


d. Government warehouses: These are completely owned and managed by the government who manages them through organisation set up in the public sector. For example, food Corporation of India and Central Warehousing Corporation.


e. Co-operative warehouse: A Cooperative warehouse is a warehouse which is a result of the marketing cooperative societies and agricultural cooperative societies. It is formed by the members of the cooperative society.


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