Logistics Wordbook

Non-Residential Inventory

Logistics Glossary

What is Non-Residential Inventory?

Non-residential inventory is the cargo at a bonded warehouse without import customs declaration

What Are the Advantages of Non-Residential Inventory?

The main advantage of non-residential inventory are:

  • After the end user has confirmed to buy the items at bonded warehouse, the import customs declaration or bonded transfer can be performed
  • Easy to return the items that have not sold to the customers
  • Exporter can deliver the items to consignee immediately, and importer can purchase the items immediately.

Waredock is able to offer non-residential inventory service thanks to our warehouse network in Europe. For example companies from Japan, Singapore or Taiwan can import goods to Europe by using our non-residential inventory service in Estonia or Netherlands.

 

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