What is Warehousing ?
Introduction The act of warehousing involves storing goods that can be sold or distributed later. Warehousing plays a significant role in the supply chain by enabling companies to store goods until they are ready for shipment to customers or other locations. The warehouse is a commercial building for storage of goods. Warehouses are of different sizes and types, from small storage units to large distribution centers. Depending on the needs of the company, warehouses can use them for short-term or long-term storage. Moreover, companies can utilize warehouses to store a variety of goods, ranging from raw materials to finished products. Purpose of warehousing The purpose of warehousing is to provide a centralized location. Warehousing is an essential component of supply chain management and plays a critical role in facilitating the movement of goods from producers to consumers. Specifically, warehousing serves the following purposes: Storage: Warehouses provide a secure and controlled environment for storing goods,...