what is warehousing and explain its types
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Warehousing
>> It is a place used for the storage or accumulation of goods.
>> It helps the businessmen to overcome the problem of storage
>> It Facilitate the availability of goods whenever required.
Types
1. Private Warehouses :- This warehouses are owned and operated by big manufacturers and merchants to fulfill their own storage needs.
2. Public Warehouses :- This warehouse is a specialised business establishment that provides storage facilities to the general public for a certain charge.
3. Bonded warehouses :- This warehouses are licensed by the government to accept imported goods for storage until the payment of custom duty.
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