JAMB - Commerce (2018 - No. 82)
warehousing is a productive function because it increases the?
quantity of goods
utility of goods
quality of goods
price of goods
Paliwanag
The efficient management of warehouses helps to optimise the existing production and distribution processes and greatly assist in the goal of cost reduction and service enhancement. Warehousing network plays a major role in the success of the physical distribution of products. A warehouse provides a central location for receiving, storing and distributing products. its needs and importance include;
- quality of goods
- regular supply
- stock of trade
- price stability
- seasonal products
- perishable goods
- continous production