Warehousing app by NCDEX
After launching an online space for booking warehouse space, National Commodity & Derivatives Exchange has launched an app. Traders can now book warehouse space in advance through this app before the commodity is transported for dematerialisation. They will need to pay seven days rent in advance. This will be forfeited if the space is not utilised within seven days.
Commenting on this, Samir Shah, Managing Director, NCDEX said that the app was needed to end favouritism by Warehousing Service Providers’ (WSP) in accepting goods from traders. “This will work like a railway ticket booking system, it has an option of waitlist for space and knowing exact position of traders booking by the end of the day,” he added.
With these reforms, the number of complaints has now fallen to only two to three per year from about two to three a week earlier. And shortly, NCDEX intends to have 466 accredited warehouses on the online platform. transport network should be ensured. Given the wide range of potential threats, warehouse safety management requires operators to have a comprehensive vision of risk. The three main threats to warehousing are:
When a fire occurs in a warehouse, it can have a devastating consequence. Extensive damages occur as a result due to delay in discovery of the fire, rapid fire spread, poor layout and design, lack of separate compartments/ rooms, poor housekeeping, densely stored goods and poor emergency training and action plan in the event of emergency.
The safest and best way to prevent a warehouse fire from spreading is to install automated sprinklers and fire detection systems which allow fire fighting to begin as soon as the fire starts. Manual fire extinguishing equipment like fire extinguishers, fire lines, fire pumps, gravity water tanks, hoses, nozzles and fire hydrants must be laid out as per approved fire plan and its regular maintenance is of utmost importance. Finally, the effectiveness of any fire protection systems depends on practical training of warehouse staff in the use of such equipment. each risk and as per the minimum level of protection necessary. The general measures can be divided into three categories: Passive protection measures intended to delay intrusion Active protection measures intended to detect the intruder and raise an alarm in the event of intrusion Organisational measures which include the relationships between the agents involved in intrusion protection
The aim of passive protection measures is to delay entry into the warehouse for as long as possible. Access is usually gained through openings in the structure of the building, such as doors or windows. Implementing suitable security measures in these areas can be one of the most simple and effective ways to prevent thefts in warehouses. Door, windows, skylights or similar openings should be sturdy and preferably made of steel. Doors and windows must gates and windows through which an intruder can probably enter. All possible access routes to the building must be made secure. This should include emergency staircases leading to access doors
The aim of passive protection measures is to delay entry into the warehouse for as long as possible. Access is usually gained through openings in the structure of the building, such as doors or windows
and even peripheral fences and gates. Organisational measures comprise of formal surveillance by professional security staff or security guards and Closed Circuit Television Cameras (CCTV) to record images. Warehouses, where employees work 24x7 during the whole year should provide them with electronic cards or establish a security station at the entrance.
External warehouse lighting is generally an effective deterrent to potential intruders since most thefts occur at night. Another aid to surveillance involves maintaining good visibility conditions in the warehouse surroundings by eliminating obstacles that may offer thieves a place to hide from surveillance measures.