Mastergp
Verified member
Warehousing is the act of storing goods producing or brought in a place until they are needed. Warehousing ensuring that there is a regular and steady supply of goods.
Producer or wholesaler must hold stock until he consumers demand for it. In other words warehouse is a place where goods are stored until they are demanded by the consumers.
And it has some basic important
which include the following:
Stability of price:
Warehouse ensures that there is no fluctuation in prices of goods. It helps to stabilise price of goods.
Seasonal problem is Eliminated:
Since goods are stored until they are needed, some seasonal problems pertaining to production or sales are eliminated.
Storage facilities:
Warehouses serve as storage facilities, they are provided for keeping the goods safely
Employment opportunities:
Warehousing creates job opportunities for many people, example clerks, manages etc.
Ensures constant supply:
Constant and steady supply of goods throughout the year is made possible through warehousing.
Producer or wholesaler must hold stock until he consumers demand for it. In other words warehouse is a place where goods are stored until they are demanded by the consumers.
And it has some basic important
which include the following:
Stability of price:
Warehouse ensures that there is no fluctuation in prices of goods. It helps to stabilise price of goods.
Seasonal problem is Eliminated:
Since goods are stored until they are needed, some seasonal problems pertaining to production or sales are eliminated.
Storage facilities:
Warehouses serve as storage facilities, they are provided for keeping the goods safely
Employment opportunities:
Warehousing creates job opportunities for many people, example clerks, manages etc.
Ensures constant supply:
Constant and steady supply of goods throughout the year is made possible through warehousing.
