Developing warehousing infrastructure is the need of the hour in India. This paper talks about its need, benefits, types, storage alternatives, and criteria of good warehousing facilities. It also discusses about the agencies involved in the process and the government's initiatives in this context. However, the paper finds that developing warehousing infrastructure on a need-basis is a challenge and we have to reach high standards to face this, in the coming years.
Ed
Acker, Steven Winter Associates, Inc., define warehouses
as, "facilities that provide a proper environment for
the purpose of storing goods and materials that require
protection from the elements. Warehouses must be designed
to accommodate the loads of the materials to be stored,
the associated handling equipment, the receiving and shipping
operations and associated trucking, and the needs of the
operating personnel".
India
is witnessing a spurt in warehousing infrastructure with
the archaic supply chain management facilities going for
a makeover and capacity addition. There is an element of
dynamism and the online commodity futures market is hastening
the change. With the cold chain management emerging as sustainable
business, several private players have stepped in to invest.
The
growth in warehousing facility is led by delivery demands
from the three national commodity exchanges in the northern
and western pockets. The producers of wheat, channa, sugar,
urad and soyabean prefer to park their crop in warehouses
the moment they spot an opportunity in real time futures
prices. More than 100 futures contracts of different agri
commodities are now traded in different exchanges. |