Survival of the fittest- Obsolete
Warehouse is a place in supply chain where goods sits until information moves them. The importance of warehouse can be ascertained by its origin. It is called necessity is the mother of invention. The warehouse is in fact the second best reason for making human civilize after agriculture. People gradually understood that the life of nomad can be quitted only when there is proper facility of storage. Gradually people worked on it and are continuously developing to make it more efficient and worthy. Current Scenario- India is no different. With civilization the country was pioneer in bringing the idea of storage facilities with various storage structures and techniques. But the development did not match the pace of requirement. Currently the warehousing is growing at the rate of 10% while the market of warehouse is growing at 35%-40% per annum. The gap between two is very wide. The organized warehouse account for only 15% of total wareho...