BPL logistics company have storage or warehousing facilities for goods which provides the place utility as part of logistics for any business along with transportation a critical component of customer service standards. Each product analyzed in terms of stability of demand, weight and packaging. It is also desirable to determine the total size and weight of the average order processed through the warehouse. It refers to the ability to reduce material handling and storage through application of advanced technologies. The storage or warehousing is typically view as a place to stock inventory. It is a benefit of storage or warehouse with the arrangement that receives and consolidates materials from a number of manufacturing destined to a specific customer on a transportation shipment. It is an operation that receives combined customer orders from manufacturers and ships goods to individual customers. Storage or warehousing is an act of storing and assorting the finished goods as to create maximum time utility at affordable cost and need for storage of both raw material as well as finished products. It involves proper preserving goods from the time of purchase and it is done on a large scale and in a specified manner.
Long term storage or warehousing: It is the storage or warehousing for longer months and the items are typically stored in a way that protects from damage.
Short term storage or warehousing: It is the storage or warehousing that defines for shorter months and the items are stored in a way that allows to be easily accessible and removed quickly when the time of shipment.
TYPES OF STORAGE OR WAREHOUSING:
1. Climate controlled: It is most often used to store and ship perishable goods and can range from humidity-controlled environments to store things. The storage of keep fast moving goods at the required temperature.
2. Private warehouse: It is used to stored and provides market presence to the product owner. The changes can made to integrate the warehouse with the rest of the logistical system and it is control fully with the product owner.
3. Public warehouse: It is used to store overflow goods for a short period of time. This type of storage facility is great as several users and overcome volume benefits in transportation costs.