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Industrial real estate is both manufacturing and storage space apart from Industrial land, cold storage, SEZ, FTZ, CFS etc. Many use the terms warehouse and factory interchangeably. Some even say that u201cthere is effectively no difference between a warehouse and a factory structureu201d. So, how different is a Warehouse from a Factory structure? <br>
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Industrial real estateis both manufacturing and storage space apart from Industrial land, cold storage, SEZ, FTZ, CFS etc. Many use the terms warehouse and factory interchangeably. Some even say that “there is effectively no difference between a warehouse and a factory structure”. So, how different is a Warehouse from a Factory structure? A warehouse is a commercial building generally used for storage of goods and warehousing is the process of proper storage and handling of goods and cargo using scientific methods in the warehouse and making them available easily and smoothly when needed. In recent days, warehousing is considered as one of the most important aspect of trade. A factory is an industrial site, usually consisting of buildings and machinery, or more commonly a complex having several buildings, where workers manufacture goods or operate machines processing one product into another and this is in demand in India currently due to the world looking for alternative supply chains to China (post Covid-19) and proactive Central and State Governments who are promoting “Make in India”.
Listed below are the difference between a Warehouse and a Factory structure explained in detail
Warehouses and Factories these days are with improved designs, state-of-the-art features, such as higher ceilings or multilevel facilities for dense and more efficient storage, and more cross-docks and doors to facilitate production, storage and faster deliveries. Also investing in renewable energy sources, such as rooftop solar power will enhance the efficiency of a warehouse or a factory but the entire supply chain as well.
