Storage has always been an important aspect of economic development. Warehousing is a procedure whereby a company gradually builds up a holding of shares in a company it wishes to take over in the future. The warehouse was initially viewed as a static unit for keeping and storing goods in a scientific and systematic mariner so as to maintain their original quality, value and usefulness. The typical warehouse received merchandise by rail, truck or bullock cart. The items were moved manually to storage within the warehouse and hand piled in stacks on the floor. They are used by manufacturers, importers, exporters, wholesalers, transport business, customs etc.
Today’s warehouses have ceased to be mere storage service providers and have really become logistical service providers in a cost-efficient mariner. That is making available the right quantity, at the right place, at the right time, in the right physical form at the right cost. Modern warehouses are automated with automatic conveyors, computer operated cranes and forklifts for moving goods arid also the usage of logistics automation software’s for warehouse management.