A field warehouse is a type of public warehouse that stores goods on the property of the goods’ owner. The goods are under the custody of a bona fide public warehouse manager. The owner uses the public warehouse receipts as collateral for a loan.
Field warehouses are typically used for storing perishable goods, such as food products or flowers, that need to be kept in a controlled environment. A field warehouse may also be referred to as a satellite warehouse.
Advantages of having a Field Warehouse:
- Allows businesses to store goods closer to their customer base, which can save on shipping costs.
- The owner still has control over their goods, as opposed to renting space in a traditional public warehouse.
Disadvantages of having a Field Warehouse:
- Requires more land than a traditional public warehouse.
- May require special permits or zoning approval.
- The owner is responsible for the maintenance and security of the property.
In general, a field warehouse is a good option for businesses that need to store perishable goods close to their customer base. The owner should be prepared to take on responsibility for the property, however.
What is the meaning of logistics term – FreightArea.com – Ship It Easier
Field Warehouse Definition – Operations & Supply Chain Dictionary
Warehousing and Inventory Management – Logistics Operational Guide (LOG) – Digital Logistics Capacity Assessments