Question

Explain Five benefits of warehousing to consumers

Answer 1

1. It ensures a steady supply of goods throughout the year. In high seasons goods are produced in large quantities and then stored in warehouse to meet need in low season.
2. It ensures stability of prices. A stable supply form the warehouse ensures customers buy at a stable price as there is no fluctuations in supply
3. It helps meet unexpected demand. Sometimes we may have unforeseen rise in demand for goods. This is overcome by supply form goods store in the warehouse
4. It allows the goods to be prepared for sale i.e. helps branding. Grading and breaking bulk. This helps consumers identify goods and acquire then in quantities desired.
5. Some goods like wine and tobacco improve in quality as they are stored in warehouse. This ensures high quality goods are provided to consumers.
6. It allows consumers to inspect goods before buying them. the consumers visit and examine goods in the warehouse before buying them.