RTL Reliable Transportation Learn More About Warehousing | Page 5

 Private Warehousing
– Private Warehousing is used by a company often it will be a
manufacturing company- to store their own product. The company
pays all of the costs associated with it. They may choose to keep the
product on-site or off. When he expanded the Ford Motor Company,
Henry Ford began sourcing his own steel. Meanwhile, he had to find a
place to store it. Choosing to keep everything under one company
name, he simply expanded his own company to handle warehousing.
 Public Warehousing
– Public Warehousing is storage of a product by an outside third-party.
They take on the responsibility of inventory and handling for a cost.
They are in charge of the equipment maintenance, personnel training,
and maintenance of the building.