Warehouse definition

A warehouse, in general, is a place for storage of goods, or, in another aspect - the organization that carries out operations with commodities in the warehouse. It can either be a separate unit, or be a part of a company. Storing the goods, building orders, splitting shipments, if necessary - packaging, as well as selling the goods to wholesalers are being done at a warehouse. The classification of warehouses is very diverse. They are classified by different traits. By storing method: closed, open and half closed. In turn closed warehouses can be classified by the number of stores (multi-stores, surface and underground) and heat ability. Due to the tendency of saving space, construction of warehouses now tends to rise, warehouse location under the ground, the enlargement of aisles of the supporting structures (for storing large cargo). In the modern construction of warehouses structures out of light alloys are used. There are several other ways to categorize warehouses. For example, depending on the set of services (divided into classes from A to D), or by type of ownership (owned or leased), or by purpose (distribution, long-term storage, universal, specialized, commercial, industrial, etc.), or by storage mode (heated and not, cold storage, etc.). Nowadays big warehouses, providing the entire set of storage services that allow to minimize the expenses by rejecting owned warehouses, are becoming more popular. In such warehouses the following services are done: loading and unloading at special terminals, packaging and consolidation of the goods, separate storage of different types of products (bulk, liquid, requiring special storage conditions). Usually such warehouse complexes are equipped with modern facilities and access roads and railway lines.

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The types of the warehouse transactions

There are 2 different types of transactions: lease and sale transactions.

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Custom warehouse

There are 6 types of Customs Warehouse permissable in the EU. These are labelled A - F. The Langdon Warehouse Module can be used for any of the warehouse types. Type A: a public warehouse where anybody can store their goods and where the warehouse keeper is responsible for fulfilling the obligations arising from the placing of goods under the Customs Warehouse procedure. Type B: A public warehouse where anybody can store their goods and where the depositor is responsible for fulfilling the obligations arising from the placing of goods under the Customs Warehouse procedure. Type B warehouses are often used by stevedores, agents and transport companies in ports to store goods for a limited time until the means of transport has arrived to further distribute the goods to the place of destination. Type C: A private warehouse where only the warehouse keeper can store goods, where the warehouse keeper is the same person as the depositor but is not necessarily the owner of the goods. Type D: A private warehouse where only the warehouse keeper can store his goods, where the warehouse keeper is the same person as the depositor but is not necessarily the owner of the goods. In contrast with the other warehouse types the Import Duties are calculated based on the rules of assessment ascertained or accepted at the time when the goods are placed under the Customs Warehousing system. This type of warehouse is quite similar to a type C warehouse Type E: A private warehouse where only the warehouse keeper can store his goods, where the warehouse keeper is the same person as the depositor but is not necessarily the owner of the goods. For this type of warehouse it is permitted to place the goods under the Warehouse Procedure without them being physically stored in a Customs Warehouse. This type of warehousing requires a high level administrative organisation including inventory records, as the physical location of the goods is not the key factor, but the fact that the goods are entered in the warehouse records. Customs must be able to follow the goods through the records system. This type of warehouse is the most sophisticated type which gives maximum flexibility to the warehouse keeper, but also requires a high level records system. Type F: A lic warehouse where anybody can store their goods, which is operated by the Customs authorities. This type of warehouse is very rare.

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