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NAICS Code 493110-11 Description (8-Digit)

Office Warehouses are a type of commercial real estate property that combines office space with warehouse space. These facilities are designed to provide businesses with a convenient location to store inventory and equipment while also providing office space for administrative and management tasks. Office Warehouses are typically located in industrial areas and are designed to accommodate a range of businesses, from small startups to large corporations.

Hierarchy Navigation for NAICS Code 493110-11

Parent Code (less specific)

Tools

Tools commonly used in the Office Warehouses industry for day-to-day tasks and operations.

  • Pallet jacks
  • Forklifts
  • Hand trucks
  • Conveyor belts
  • Shelving units
  • Packing materials (e.g. boxes, tape, bubble wrap)
  • Label makers
  • Inventory management software
  • Security systems (e.g. cameras, alarms)
  • Cleaning supplies (e.g. brooms, mops, disinfectants)

Industry Examples of Office Warehouses

Common products and services typical of NAICS Code 493110-11, illustrating the main business activities and contributions to the market.

  • Office supply distribution
  • Electronics manufacturing
  • Furniture storage and distribution
  • Medical equipment storage and distribution
  • Automotive parts storage and distribution
  • Retail product distribution
  • Food and beverage storage and distribution
  • Construction materials storage and distribution
  • Pharmaceutical storage and distribution
  • Textile storage and distribution

Certifications, Compliance and Licenses for NAICS Code 493110-11 - Office Warehouses

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

  • OSHA Safety Certification: This certification is required for workers in the warehousing industry to ensure that they are aware of the safety hazards and how to prevent them. The Occupational Safety and Health Administration (OSHA) provides this certification.
  • Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this endorsement.
  • Commercial Driver's License (CDL): This license is required for drivers who operate commercial vehicles. The Federal Motor Carrier Safety Administration (FMCSA) provides this license.
  • International Organization for Standardization (ISO) 9001:2015: This certification is a quality management system that ensures that the company meets customer and regulatory requirements. The International Organization for Standardization (ISO) provides this certification.
  • Certified Logistics Associate (CLA): This certification is for entry-level workers in the logistics industry. It covers topics such as supply chain management, transportation, and warehousing. The Manufacturing Skill Standards Council (MSSC) provides this certification.

History

A concise historical narrative of NAICS Code 493110-11 covering global milestones and recent developments within the United States.

  • Office Warehouses have been around for decades, with the first modern office warehouse being built in the 1960s. These facilities were designed to provide businesses with a cost-effective way to store their goods and conduct administrative tasks in the same location. In the United States, the industry has seen significant growth in recent years due to the rise of e-commerce and the need for companies to have a physical presence close to their customers. For example, Amazon has built several office warehouses across the country to support its distribution network. The industry has also seen advancements in technology, such as the use of automation and robotics to improve efficiency and reduce costs.

Future Outlook for Office Warehouses

The anticipated future trajectory of the NAICS 493110-11 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Office Warehouses industry in the USA is positive. The industry is expected to grow due to the increasing demand for e-commerce and the need for more efficient and cost-effective storage solutions. The rise of online shopping has led to an increase in demand for warehouse space, and the trend is expected to continue. Additionally, the industry is expected to benefit from the growth of the manufacturing and retail sectors, which will require more warehouse space to store their products. However, the industry may face challenges such as rising real estate prices and labor costs, which could impact profitability. Overall, the Office Warehouses industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 493110-11

Recent groundbreaking advancements and milestones in the Office Warehouses industry, reflecting notable innovations that have reshaped its landscape.

  • Automated Storage and Retrieval Systems: These systems use robots to move and store products, increasing efficiency and reducing labor costs.
  • Vertical Warehousing: This innovation involves building warehouses with multiple levels to maximize storage space and reduce the need for large land areas.
  • Smart Warehouses: These warehouses use technology such as sensors and data analytics to optimize operations and improve efficiency.
  • Green Warehouses: These warehouses are designed to be environmentally friendly, using renewable energy sources and sustainable building materials.
  • Last-Mile Delivery Solutions: This innovation involves using warehouses located closer to urban areas to facilitate faster and more efficient delivery of products to customers.

NAICS Code 493110-11 - Office Warehouses

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