Warehousing is an integral part of Logistics and Supply Chain Management System. For most of the common people, warehousing involves just storing of the products while it involves inbound functions for storing and outbound functions of packing and shipping. The following factors are important for warehousing in Logistics and Supply Chain Management.
Location
The location of the Warehouse should be the center where receiving storing and distribution of the products occurs. From identification of the products according to the categories on receivable to sorting and dispatching to the concerned areas for easy shipment is coming under warehousing operations. The storage of items involves the process by which products are categorically stored at useful locations so that it can be shipped at the convenient time.
Operations to Add Value
The importance of warehousing in logistics management is because it helps to deliver the right products at the right place at right time. Consolidating orders assembly of components and mixing of products etc also comes under warehousing operations. It is also possible to reduce the cycle times and inventories through proper management of products at the warehouse.
Economic Advantage
Through warehousing, it is possible to make the operations efficient and utilize the storage capacity to the maximum. By consolidating and accumulating operations the economic benefits can be seen in warehouse management.
