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Justify the following statement. Warehousing is important. - Organisation of Commerce and Management

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Question

Justify the following statement.

Warehousing is important.

Justify

Solution

  1. The efficient operation of trade and commerce depends on warehousing, which is essential to the distribution and storage of commodities.
  2.  It assists companies in keeping a consistent supply of goods, effectively managing inventory, and avoiding shortages or overstocking.
  3. In addition to guaranteeing the quality of the products, warehouses offer protection against spoiling, theft, and damage.
  4. Furthermore, value-added services like packaging, labelling, and transportation are provided by contemporary warehouses, which improves the effectiveness and economy of the supply chain.
  5. Because it guarantees that products are available in the market on time, storage is therefore crucial for both enterprises and consumers.
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Business Services - Warehousing
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Chapter 4: Business Services - EXERCISE [Page 93]

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SCERT Maharashtra Organisation of Commerce and Management (OCM) [English] 12 Standard HSC
Chapter 4 Business Services
Justify the following statements | Q 1
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