WAREHOUSE

•Warehousing refers to the activities involving storage of goods in a large

scale in a systematic and orderly manner and making them available

conveniently when needed.•Means holding or preserving goods in huge quantities from the time of

their purchase or production till their actual use or sale

FUNCTIONS OF WAREHOUSING

ConsolidationIn it the

warehouse receives and

consolidate goods from different

production plants

Break in bulk

They divide in the bulk quantities of goods received from the

production plants into smaller quantities

Storage of goodsThey store seasonal goods or materials

Value added services

They provide various value added services like grading, packing , labeling etc

Price stabilization

By adjusting the supply of goods with the demand situation, warehousing performs functions of

stabilizing prices

FinancingWarehouse owners advance money to the

owners on security of goods and further supply of goods on credit terms to customer

Functions of

warehousingConsolidation

Break in bulk

Storage of goods

Value added services

Price stabilization

Financing

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