3.1.3.2 Private Warehouses
Completion requirements
Companies that want to store their own products can either purchase or lease a private warehouse.
A retail chain, for example, may have its own warehousing facilities in various cities to enable quick shipments to customers.
Private warehouses require a long-term commitment, and have additional operating costs such as insurance and maintenance.
Private warehouses require a long-term commitment, and have additional operating costs such as insurance and maintenance.