Role of Warehouse in the Logistic Industry with reference to Pune Industrial Environment.

In the post globalization several new concepts in management have been introduced in the Indian manufacturing sector e.g., use of advanced technology, personnel dept. was replaced by the Human Resources Dept. and the Stores, inventory management, became logistic industry which mainly encompasses purchases, procurement of raw material and its stocking, dispatches to the distributors/direct consumers etc. This paper restricts to the warehouse component in the logistic industry and its optimum usage of latest technology. Day in and day out new technologies are being introduced which is improving the labour efficiency and improving the production. The Indian industries in a bid to compete with the multinational manufacturing companies has also adopted these changes in a short period. This article takes review of the role played by the warehouses in the logistic industry with carving out the research universe as the Pune industrial belt which is quite large and comprised of both domestic and MNCs. Pune is becoming a logistic hub which is already known as automobile and information technology hub. This study reveals that the warehouse industry in the study area is fully matured and is managing the warehouse facilities to the satisfaction of the industrial sector. The Govt. of India is very well seized of the support the logistic industry needs to support the industrial sector which is contributing sizably to the GDP. It has in Sept. 2022 has announced a New Logistic Policy which provides sops to this sector. The author has offered a few recommendations based on the interaction with the warehouse owners in the study area. [ABSTRACT FROM AUTHOR]