Name : Krutav Joshi
Topic : Importance of warehousing
Roll No : 499
Group no. 3
Warehousing is a process of storing goods in a warehouse for the purpose of distribution, sale, or manufacturing. Warehouses are used for storing goods for an extended period of time and are typically equipped with storage areas, loading docks, conveyors, and other material-handling equipment.
Have you ever thought, how do the online retailers are able to deliver the goods to your home within 2-3 days?
That's the importance of warehousing, as it is one of the most critical components of supply chain management.
Lapses in warehousing or supply chain may lead to delayed delivery and customer dissatisfaction.
For example, I once ordered a jacket for my trip to Manali. The status showed that it would be delivered within 2-3 days. However on the 2nd day I get an update saying that the shipping has been delayed.
The reason for this is improper warehousing and inefficient supply chain management.
The warehouses must be situated at reasonable geographic intervals to facilitate quick and damage free deliveries.
Warehousing becomes an integral part of business, more so when it comes to perishable products like fruits, vegetables, dairy etc.
Proper cold storage facilities have to be established or the consumables might rot.
A ground level example of this can be our homes.
If inadvertently, during Summers, we leave any food item on the dining table or on the kitchen platform, within 4-5 hours that food item will start smelling bad.
At our homes, the warehouse is the fridge which helps to keep the food items fresh.
Warehousing also results in decreased wastage of goods.
Warehouses must be equipped with proper facilities to protect it from fire, rain, and nowadays some of the warehouses are also earthquake proof.
To conclude, warehousing is one of the most crucial components of business which helps in not only the growth of the business but also the quality delivered to the customer and promotes development of the economy.
the writer made it so easy to understand the blog with his choice of words and simple presentation
Easy to understand and very well written!
Finding the best price is a funtion of demand and supply, warehousing aids in the same.
Very Well explained easy to understand
Absolutely, warehousing is often the unsung hero in the logistics chain. Its role in providing a secure hub for products and facilitating smooth deliveries is vital for the success of businesses. Recognizing and appreciating the importance of efficient warehousing is crucial in maintaining customer satisfaction and loyalty.