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

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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