Meaning of Warehousing

Meaning of Warehousing

Warehouse: This is a building or a part of a building where goods are received and stored until need arises for them.

Other terms used to refer to a warehouse are depot, a godown or a silo.

Warehousing; This is the process of receiving goods into a warehouse, protecting such goods against all types of hazards and releasing them to users when need arises for them

-There are three distinct stages in warehousing process namely:

  1. Receiving goods into a warehouse
  2. Storing them
  3. Releasing them to users
Thus, warehousing helps to create time utility and is therefore classified as an ‘aid to trade’.
 
Here is the complete notes in Pdfs
Note: For Mobile phone users, use Chrome or Firefox browsers for better view of the complete pdf notes below
 
Related notes

 

warehouse
A warehouse



(Visited 1,682 times, 1 visits today)

Leave a Reply

Your email address will not be published.