The types of Warehouses are:
(i) Distribution Centre: Most people confuse warehouse with distribution centre and the terms are used interchangeably. However, a warehouse may hold goods for a long period of time, a distribution centre holds goods for a short time period sees higher velocity of goods coming in and going out. Distribution centres are customer-centric and are located close to where the end user is, thus they receive products faster and in good shape. A distribution centre also provides value added services, such as pick and pack services, cross docking, or simple product mixing or packaging. A distribution centre provides many services than a warehouse; they are also equipped with more advanced technology to ease the processes happening within.
(ii) Smart Warehouse: A smart warehouse uses interconnected technologies and automation systems to receive goods, put away, picking, shipping, and to keep an accurate inventory count. Smart warehouses employ technology to decrease errors, increase production, and minimise the number of human resources required to run the warehouse.
(iii) Pick, Pack, & Ship Warehouse: In a warehouse, picking, packing, and shipping are the process that happens after an order is received, either from a brick-and-mortar store or an online store. The warehouse receives a pick list of goods, and automated systems or people find the products within the warehouse. Then, the products are packed, labelled, and shipped to the consumer.
(iv) Cold Storage: Cold storage stores temperature sensitive products at low temperatures. Cold storage warehouses allow perishable foods, medicine, cosmetics, plants, candles, and artworks to have longer lives. Cold storage warehouses use refrigerated shipping for all inbound and outbound shipping.
(v) Bonded Warehouse: On-Demand Storage: A budding trend in warehousing is on demand storage. On-demand warehousing links businesses with a demand for warehouse space (seasonal, temporary, or to handle sales spikes) with
warehouses which have excess space. Bonded Warehouse Bonded warehouses are also called “customs” warehouses. A bonded warehouse is a building where imported goods are manipulated, stored, or undergo manufacturing operations without duty payment for five years from date of acceptance. The duty on imported products can be very high. Hence, the a bonded warehouse allows the goods to be sold first, and later duty is paid from the proceeds of the sale.