State the advantages of warehousing.

1.	State the advantages of warehousing.
Answer» Goods produced may be stored till the time of demand. Hence the goods are stored in warehouses. Also the goods are stored till the goods have good quality. Warehouses create time utility by storing the goods throughout the year and release them as and when they are needed. Several types of warehouses are used for storing of goods. They are as follows: Public warehouse Private warehouse Bonded warehouse

Answer»

Goods produced may be stored till the time of demand. Hence the goods are stored in warehouses.

Also the goods are stored till the goods have good quality.

Warehouses create time utility by storing the goods throughout the year and release them as and when they are needed.

Several types of warehouses are used for storing of goods.

They are as follows:

Public warehouse
Private warehouse
Bonded warehouse

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State the advantages of warehousing.

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