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Chapter: 11th Commerce : Warehousing

Warehousing

The term “Ware” means products or goods. “Warehousing” generally means storage place or godowns which is located near a factory tokeep the raw materials andfinished products.

WAREHOUSING

Introduction

The term “Ware” means products or goods. “Warehousing” generally means storage place or godowns which is located near a factory tokeep the raw materials andfinished products. Storage is only a holding place of goods. Whereas a warehouse is located near the market to perform the other marketing functions such as grading, standardization, blending, mining packing, etc. The development of science and technology has improved the ways and means of storage. It removes the hindrance of time.

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11th Commerce : Warehousing : Warehousing |


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