WAREHOUSE SERVICE ‘S ADVANTAGES
WAREHOUSE SERVICE ‘S ADVANTAGES
What is Warehouse?
The
meaning of the word ‘ware‘ is ‘article‘. A warehouse is a place where goods are
stored. It is otherwise known as a ‘godown‘. It is
usually found away from the place of business of a merchant. The advantages of
warehouse are listed below.
Advantages
of Warehouse
The following are some of the advantages of warehouse.
1. It protects the goods until they are
moved to the factory (to be used in production) or to the market (for sale).
2. It provides place for goods that are
received in bulk.
3. It facilitates easy sale of goods
when it is located near the market.
4. It
facilitates uninterrupted sale. ‘Out of stock’ situation
is avoided.
5. The ‘warehouse receipt‘ issued to a merchant, who has
stored his goods in a public warehouse, also enables him to get financial
assistance. A warehouse receipt is a document of title.
6. It helps to equalize price by
matching the demand and supply position.
7. It provides employment opportunities
to many.
8. Cold storage provides longer life to
certain easily perishable items like fish, dairy products, etc.
9. It
facilitates large-scale production of goods. The producer need not bother about
storage.
10. It is
necessary to perform certain marketing activities like grading, packing, etc.
ABOUT US
Phone number
E-mail address
ABOUT US
Reid Logistics is an independent logistics service provider, delivering a wide range of transport and customer- specific logistics services.
Phone number
Call us: 07 3172 7540
E-mail address
graeme@reidlogistics.com.au
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