Question

Explain warehousing and its functions?

Answer 1

A warehouse may be defined as a place used for the storage or accumulation of goods. The function of storage can be carried out successful with the help of warehouses used for storing the goods.
1. Storage:.

2. Price Stabilization:

3. Risk bearing:

Answer 2

Explanation:

Warehousing involves storing goods in a scientific and organised manner to maintain their value and quality. Warehouses not only provide storage services but also logistical services by providing the right place for the right quantity at the right time and at the right cost.

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