The types of warehouses in Singapore are industrial buildings classified as B1 for clean and light industrial usage, B2 industrial buildings for general and special industries, Jurong Town Corporation type of flatted factories, ready-built spaces, business parks, and the former industrial properties which is the Housing Development Board.
The functionality of the warehouse space is based on the type of business and the overall business requirements. This article explores thefour types of warehouse and discusses the key considerations for co-warehousing spaces.
Traditional Warehouses and Third-Party Providers
Traditional model warehouses are suitable for medium to large companies with large bulky inventory that requires parts of the supply chain to be carried out at the warehouse for production and assembly. Although with the ability to work and operate the warehouse in full control of the goods and operations, the rigid long-term commitments, fixed space, which often are not fully utilized will only fluctuate in volume or during seasonality thus will have under-utilized space that becomes a sunk cost.