Warehousing

Description

Mind Map on Warehousing, created by queen modupe on 03/04/2020.
queen  modupe
Mind Map by queen modupe, updated more than 1 year ago
queen  modupe
Created by queen modupe almost 5 years ago
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Resource summary

Warehousing
  1. nature of warehousing
    1. goods are stored before distribution or sales
      1. Warehousing is the act of re-positioning goods
        1. goods are distributed to wholesalers, exporters and general market
        2. types of warehouse
          1. Public
            1. private
              1. bonded
                1. cold storage
                2. decision criteria for warehouse types
                  1. facility development
                    1. Importance of Warehousing
                      1. reduces overall cost
                        1. provides control over available stock
                          1. more storage spaces allows higher SKU count in the warehouse
                            1. helps company to know what is happening in its logistics operations
                              1. with proper forecast and professionalism, warehouse owners will achieve more customer satisfaction, increased speed and more accuracy
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