State any four functions performed by warehousing.

Short Answer Questions · Q12

Q. State any four functions performed by warehousing.

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Warehousing performs several distinct functions, of which any four fully answer this question:

Storage — providing safe, organised space to hold goods until they are required, protecting them from damage, spoilage and theft.
Risk-bearing — the risk of loss or damage to goods while stored generally shifts to the warehouse-keeper.
Financing — a warehouse receipt, acknowledging goods deposited, can be used to raise a bank loan without moving or selling the goods.
Grading and branding — grading, blending or packing goods, particularly agricultural produce, into standard marketable lots. …

Q.State any four functions performed by warehousing.