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Inventory Management
Warehousing
Advantages (Warehousing)
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Created by
Niamh
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Cards (5)
Large
amounts of stock stored
securely
, reducing
theft
and therefore reducing
costs.
Stock can be stored in
categories
within the warehouse making
management
and
location
to stock
easier
and
quicker.
Large warehouses allow for efficient
delivery
of large
quantities
of stock and
fewer
runs may be needed, therefore saving
fuel
and travel costs.
Standardised
procedures
can be used.
Bulk
purchasing allows for
economies
of scale/
discounts.