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’.
 
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warehouse
A warehouse



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