NAICS Code 493130-07 - Warehouses-Commodity & Merchandise

Marketing Level - NAICS 8-Digit

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NAICS Code 493130-07 Description (8-Digit)

Warehouses-Commodity & Merchandise is a subdivision of the NAICS Code 493130 that involves the storage and handling of various types of goods, including raw materials, finished products, and other commodities. This industry is responsible for the safekeeping of goods until they are ready to be transported to their final destination. Warehouses-Commodity & Merchandise can be owned and operated by third-party logistics providers or by the companies that produce the goods themselves.

Hierarchy Navigation for NAICS Code 493130-07

Tools

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

  • Forklifts
  • Pallet jacks
  • Conveyor belts
  • Automated storage and retrieval systems
  • Barcode scanners
  • Hand trucks
  • Stretch wrap machines
  • Loading docks
  • Shelving and racking systems
  • Inventory management software

Industry Examples of Warehouses-Commodity & Merchandise

Common products and services typical of NAICS Code 493130-07, illustrating the main business activities and contributions to the market.

  • Food and beverage storage
  • Clothing and textile storage
  • Electronics storage
  • Furniture storage
  • Pharmaceutical storage
  • Chemical storage
  • Paper and packaging storage
  • Construction materials storage
  • Automotive parts storage
  • Medical equipment storage

Certifications, Compliance and Licenses for NAICS Code 493130-07 - Warehouses-Commodity & Merchandise

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 workers who handle hazardous materials. OSHA provides this certification.
  • International Organization for Standardization (ISO) 9001: This certification is a quality management system that ensures that a company's products and services meet customer and regulatory requirements. The International Organization for Standardization provides this certification.
  • National Fire Protection Association (NFPA) Certification: This certification is required for workers who handle flammable materials. The National Fire Protection Association provides this certification.
  • United States Department Of Agriculture (USDA) Certification: This certification is required for warehouses that store agricultural products. The United States Department of Agriculture provides this certification.

History

A concise historical narrative of NAICS Code 493130-07 covering global milestones and recent developments within the United States.

  • The Warehouses-Commodity & Merchandise industry has a long history dating back to ancient times when goods were stored in warehouses for trade. In the 19th century, the industry saw significant growth with the advent of railroads and the expansion of international trade. The industry continued to evolve with the introduction of new technologies such as forklifts, conveyor belts, and automated storage systems. In recent years, the industry has seen a shift towards e-commerce and the need for faster and more efficient delivery systems. In the United States, the industry has also faced challenges such as labor shortages and increasing competition from online retailers.

Future Outlook for Warehouses-Commodity & Merchandise

The anticipated future trajectory of the NAICS 493130-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Warehouses-Commodity & Merchandise industry in the USA is expected to grow in the coming years due to the increasing demand for storage and distribution services. The industry is expected to benefit from the growth of e-commerce and the need for efficient supply chain management. The industry is also expected to benefit from the increasing demand for cold storage facilities due to the growth of the food and beverage industry. However, the industry may face challenges due to the increasing competition from other storage and distribution channels. The industry is also expected to face challenges due to the increasing regulations and compliance requirements. Overall, the industry is expected to grow at a steady pace in the coming years.

Industry Innovations for NAICS Code 493130-07

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

  • Automated Storage and Retrieval Systems: These systems use robots to move and store products in warehouses, increasing efficiency and reducing labor costs.
  • RFID Technology: Radio-frequency identification technology is used to track products in real-time, reducing the risk of lost or misplaced products.
  • Cloud-Based Warehouse Management Systems: These systems allow warehouse managers to track inventory, manage orders, and optimize warehouse operations from anywhere.
  • Voice Picking Technology: This technology uses voice commands to guide warehouse workers through the picking process, increasing accuracy and efficiency.
  • Augmented Reality Technology: This technology is used to provide workers with real-time information about products and warehouse operations, increasing efficiency and reducing errors.
  • Green Warehouses: These warehouses are designed to be environmentally friendly, using renewable energy sources and reducing waste.
  • Last-Mile Delivery Solutions: These solutions are designed to improve the efficiency of the final stage of the delivery process, reducing costs and improving customer satisfaction.
  • Robotics and Automation: Robotics and automation are being used to increase efficiency and reduce labor costs in warehouses.
  • Predictive Analytics: Predictive analytics is being used to forecast demand and optimize warehouse operations, reducing costs and improving efficiency.
  • Blockchain Technology: Blockchain technology is being used to improve supply chain transparency and reduce the risk of fraud and errors.

NAICS Code 493130-07 - Warehouses-Commodity & Merchandise

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