Meaning of the Terms Ware-housing and Ware-house
Define the terms ware-housing and ware-house
Warehousing is the institutional arrangement for the storage of goods i.e. receiving, storing and dispatching the goods to the uses. It is a very important aids to trade and through it trade can be operated efficiently.
A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial areas of cities, towns and villages. A warehouse is an establishment for the storage or accumulation of goods. The people who require goods may be secondary producers, distributors or ultimate consumers.