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Chapter: 11th Commerce : Warehousing

Meaning of Warehouse and Warehousing

Warehouse: It is a place where goods are stored for future use and act as distribution centres.

Meaning of Warehouse and Warehousing

 

Warehouse

It is a place where goods are stored for future use and act as distribution centres. Warehouses are designed depending upon the nature of the products to be stored.

For example, to keep perishable items like fruits and vegetables, cold storages are required. Certain pharmaceutical products are to be kept under suitable temperature. Liquids like petrol, oil molasses need tanks while grains like barley, pulses, etc. need ventilated halls.

According to J. Stephenson, “a warehouse in an establishment for the storage or accumulation of goods”.

 

Warehousing

It is an arrangement by which goods are storedwhentheyarenotneededimmediately and are kept in such a manner so as to protect from damage or deterioration.

“A warehouse is a commercial building for storage of goods. Stored goods can include any raw materials, packing materials,  spare parts, component or finished goods associated with agriculture, manufacturing and production”.


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11th Commerce : Warehousing : Meaning of Warehouse and Warehousing |


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