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1. Private warehouse:
- Refers to having the entire facility under the financial and administrative control of the firm, i.e. the firm owns the product and also operates the warehouse. The actual facility can be either owned or can be taken on lease, for a short period.
2. Public Warehouse:
- These are similar to private carriers in transportation service. Services are provided to others by firms that have warehousing space, storage facility, and material handling equipment for their own use and are used a lot in logistical systems. These are designed to handle the most general packaged products or commodities, which would not require specialized storage or handling arrangement.
3. Contract Warehouse:
- Combine features of both public and private warehouses. The risk is shared and there is a long – term relationship that will result in lower costs. Benefits include economies of scale, flexibility, information, and equipment sharing among clients.
4. General Merchandise warehouses: Deal in all commodities except specialized or commodity items. These can either be public or private.
5. Refrigerated/Cold Storage warehouses: Used for storing perishable items, which are kept at low temperatures to preserve quality. These are expensive and a variation of this type of warehouse is known as the controlled temperature warehouse, which is lesser expensive and is used for storing fruits, milk e.t.c.
lydiajane74 answered the question on May 4, 2018 at 19:09
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