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- Warehousing is the process of storing goods until they're ready for transport to retailers, distributors or customers12. The functions of warehousing include34:
- Purchasing of goods
- Inventory management
- Storage
- Materials handling
- Protective packing
- Transportation
- Price stabilization
- Risk bearing
- Financing
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Warehousing is the process of storing goods until they're ready for transport to retailers, distributors or customers. Businesses can benefit from warehousing in several ways, including more efficiently managing inventory and optimizing the shipment process.www.indeed.com/career-advice/career-developme…Warehousing is a process of properly storing and handling goods in warehouses that are to be distributed or sold later. Warehouses are large commercial buildings where products are stored safely in advance. This process has an efficient role in providing a smooth and regular flow of goods or other materials and avoids any shortage like situations.commercemates.com/role-and-functions-of-wareho…Functions of warehousing mean the wide range of activities, which are associated with the physical distribution of goods from the end of the production line to the final consumers. The most common functions of warehousing are purchasing of goods, inventory management, storage, materials handling, protective packing, and transportation.www.businessstudynotes.com/others/introduction-t…Functions of Warehousing:
- 1. Storage: This is the basic function of warehousing. ...
- 2. Price Stabilization: Warehouses play an important role in the process of price stabilization. ...
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