ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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receiving
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stocking
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shipping
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all of the above
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Detailed explanation-1: -Storage. The primary function of a warehouse is to provide storage space for equipment, inventory or other items. Safeguarding of Goods. Movement of Goods. Financing. Value-added Services. Price Stabilisation. Information Management. Other Functions.
Detailed explanation-2: -Storing Goods The warehouse’s original function was purely for storage. And while modern warehouses serve many more purposes, storing goods remains a primary function. This is where organizations can store their goods, equipment, inventory, and other items. Different warehouses store different goods.
Detailed explanation-3: -Streamlining the shipping process. Larger companies often place warehouses in strategic locations to help with shipments. Supporting the supply chain. Managing inventory. Enabling climate control. Maintaining quality control. 31-Mar-2023