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Introduction
This report is about how warehouse is part of every logistic system. There are an estimated 750,000 warehouse facilities worldwide, including state-of-the art, professionally managed warehouses, as well as company stockrooms, garages, self-store facilities, and even garden sheds. ... Customers in general want more for less, because warehousing labor is generally less expensive than manufacturing labor, the warehouse can often perform light manufacturing activities for less. ... For example, performing value-added services in the warehouse is given a greater priority today than ever before, as reflected in the fact that warehouses are beginning to be characterized by the activities they perform, rather than by their storage function. ... The warehouse is no longer an island - its an integral part of the supply chain. ... An order catalogs the SKU¡¦s and numbers requested by a customer or by a production unit, in a DC or production warehouse, respectively. ... An AS/RS is a high-bay warehouse with Storage/Retrieval (S/R) machines or automated stacker cranes that execute the storage and retrieval of storage sections (such as pallets or containers). ...
21st Century Warehousing
Manufacturers, distributors, and retailers are shifting more activities to the warehouse, thanks to the lower cost of doing so. Activities performed in todays warehouse may include product configuration, finishing, packaging, labeling, ticketing, pricing, and creating shelf-ready product displays. ...
Warehouse space is becoming concentrated in or near large population centers. ...
Manufacturers seem to be increasingly less interested in owning warehouse space at the same time that major third-party providers seek to minimize ownership risks. As a result, ownership of warehouse space may shift to real estate investment trusts (REITs) and insurance companies.
Approximate Word count = 1303
Approximate Pages = 5.2
(250 words per page double spaced)
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