Question

Choose the correct answer for the following:
The benefits of public warehousing include

Options

• Control

• Flexibility

• Dealer relationship

• None of the these

Answer 1

Public warehouses provide a high degree of flexibility to its agents in the following aspects.
• Storage of goods: Goods can be stored as per the convenience and preferred locations of the agents.
• Negligible fixed costs: The agents need to incur only negligible fixed costs to store their goods.
• Safety: Safety is ensured, and the risk of loss by theft is minimal.
• Other benefits: Other benefits include facilities such as packaging and labelling.
Hence, the correct answer is flexibility