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NAICS Code 493110-09 Description (8-Digit)

Warehouses-Private & Public is a subdivision of the NAICS Code 493110, which falls under the category of General Warehousing and Storage. This industry involves the storage of goods and materials for a range of clients, including businesses, individuals, and government agencies. Warehouses-Private & Public can be owned by private companies or public entities, such as ports or airports. These facilities are designed to accommodate a variety of products, from raw materials to finished goods, and can range in size from small storage units to large distribution centers.

Hierarchy Navigation for NAICS Code 493110-09

Parent Code (less specific)

Tools

Tools commonly used in the Warehouses-Private & Public industry for day-to-day tasks and operations.

  • Forklifts
  • Pallet jacks
  • Conveyor belts
  • Automated storage and retrieval systems
  • Barcode scanners
  • Inventory management software
  • Dock levelers
  • Racking systems
  • Hand trucks
  • Loading dock equipment

Industry Examples of Warehouses-Private & Public

Common products and services typical of NAICS Code 493110-09, illustrating the main business activities and contributions to the market.

  • Third-party logistics providers
  • E-commerce fulfillment centers
  • Retail distribution centers
  • Manufacturing storage facilities
  • Cold storage warehouses
  • Government storage facilities
  • Agricultural storage facilities
  • Pharmaceutical storage facilities
  • Automotive parts storage facilities
  • Construction materials storage facilities

Certifications, Compliance and Licenses for NAICS Code 493110-09 - Warehouses-Private & Public

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this certification.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for warehouse workers who operate heavy machinery. OSHA provides this certification.
  • International Organization for Standardization (ISO) 9001:2015 Certification: This certification ensures that the warehouse has a quality management system in place. The International Organization for Standardization provides this certification.
  • Certified Logistics Technician (CLT): This certification is designed for warehouse workers who handle inventory and materials. The Manufacturing Skill Standards Council provides this certification.
  • Certified Supply Chain Professional (CSCP): This certification is designed for warehouse managers who oversee the supply chain. The Association for Supply Chain Management provides this certification.

History

A concise historical narrative of NAICS Code 493110-09 covering global milestones and recent developments within the United States.

  • The Warehouses-Private & Public industry has a long history dating back to ancient times when goods were stored in warehouses for safekeeping. In the 19th century, the industry saw significant growth due to the expansion of railroads and the need for storage facilities. The introduction of forklifts and other material handling equipment in the mid-20th century revolutionized the industry, making it more efficient and cost-effective. In recent years, the industry has seen a surge in demand due to the growth of e-commerce and the need for companies to store and distribute their products. In the United States, the industry has also been impacted by the COVID-19 pandemic, with increased demand for storage space for essential goods and medical supplies.

Future Outlook for Warehouses-Private & Public

The anticipated future trajectory of the NAICS 493110-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The Warehouses-Private & Public industry in the USA is expected to continue its growth in the coming years. The increasing demand for e-commerce and online shopping has led to a surge in demand for warehouse space, which is expected to continue. Additionally, the industry is expected to benefit from the growth of the manufacturing and retail sectors. However, the industry may face challenges such as rising labor costs and the need to adopt new technologies to remain competitive. Overall, the industry is expected to remain a vital part of the US economy in the coming years.

Industry Innovations for NAICS Code 493110-09

Recent groundbreaking advancements and milestones in the Warehouses-Private & Public industry, reflecting notable innovations that have reshaped its landscape.

  • Automation: Many warehouses are adopting automation technologies such as robots and automated guided vehicles to improve efficiency and reduce labor costs.
  • Drones: Some warehouses are using drones to perform tasks such as inventory management and order picking, which can improve efficiency and reduce costs.
  • RFID: Radio-frequency identification (RFID) technology is being used in some warehouses to track inventory and improve supply chain management.
  • Cloud Computing: Cloud-based warehouse management systems are becoming increasingly popular, allowing warehouse managers to access real-time data and improve decision-making.
  • Sustainability: Some warehouses are adopting sustainable practices such as using renewable energy sources and reducing waste to improve their environmental impact.

NAICS Code 493110-09 - Warehouses-Private & Public

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