Warehousing

Syllabus tag: KCSE | Business Studies | Form 2 | Topic 12 Warehousing

Lesson objectives

By the end of this topic, you should be able to:

• Define warehousing and state the three stages of the warehousing process.
• Explain the importance of warehousing to business.
• State the essentials of a good warehouse.
• Describe the types of warehouse, including bonded warehouses.

Summary

Warehousing is the storage of goods from the time they are produced until they are needed, and it creates time utility. Its three stages are receiving, storing and releasing. Warehouses are private, public or bonded — and a bonded warehouse holds imported goods on which duty has not yet been paid, which is the distinction most often examined.