State any four functions of warehousing.

Question

Accepted Answer

Any four of the following, briefly explained, answer this question:

1. **Storage** — providing safe space to hold goods until required.
2. **Price stabilisation** — holding surplus stock off the market during a glut and releasing it later, evening out price fluctuations.
3. **Risk-bearing** — the warehouse-keeper bears the risk of loss/damage to goods in its custody.
4. **Financing** — the warehouse receipt can be pledged with a bank to raise a loan against the stored goods.
5. **Grading and packing** — sorting, blending and repacking goods into standard, saleable lots.
6. **Transportation support** — convenient location reducing the cost/time of onward movement of goods.
> [!ANSWER]
> Any four such as: storage, price stabilisation, risk-bearing, financing via the warehouse receipt, grading/packing, or transportation support.

Q.State any four functions of warehousing.

Concept understanding — Functions of Warehousing

Q.State any four functions of warehousing.

Concept understanding — Functions of Warehousing

🎓Unlock everything free for 14 days

Unlock everything free for 14 days