What is the Difference Between Warehouse and Logistics Park?
Warehouses
Warehouses are standalone facilities for storing goods and serve as the backbone of distribution networks. Their services solely involve storing goods until they are ready to be transported or processed. In recent years warehouses have seen significant growth and modifications and now range from small storage units to expansive facilities. As growth intensifies, these units are now being equipped with state-of-the-art inventory management systems and are rapidly being upgraded with robotics as well. However, their primary function remains to facilitate the smooth movement of goods within the supply chain.
The key characteristics of a warehouse include storage capacity, inventory management and operational efficiency. A good warehouse design must accommodate varying levels of inventory from seasonal fluctuations to bulk storage requirements. The operational layout must also be optimized to improve productivity and reduce handling times.
Logistical parks
A logistical park represents a more comprehensive approach to logistics management. They encompass a wide range of functions beyond mere storage. These logistical parks are integrated hubs of warehousing along with robust transport infrastructure. They are also required to have distribution centres, sorting facilities, and sometimes even manufacturing operations. The main function of a logistic park is to centralise logistic activities and optimize the supply chain which then improves the overall efficiency.
The main features of a logistical park include multimodal transportation connectivity, value-added services such as packaging and a conducive ecosystem for operational agility. It must also be strategically located to provide access to multiple modes of transport including sea air and rail.
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