Warehousing is one of the important auxiliaries to trade. It creates time utility by bridging the
time gap between production and consumption of goods.
Warehousing can be defined by three functions: receiving goods from a source; storing goods until they are needed by a customer (internal or external); retrieving the goods when requested.
Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc.
Warehousing minimizes the effects of supply chain inefficiencies, improves logistics accuracy and inventory management, and allows product accumulation, consolidation, and customization.