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Explain warehousing and its functions.

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Warehousing refers to the process of storing and managing goods or products in a designated facility, known as warehouse while they are needed for distribution sale, or use.
Functions of warehousing are as follows:

Consolidation: Warehouse receives and consolidates goods from different production stations and dispatches it to customer on a single transporation shipment.

Break the Bulk: Warehouse breaks the bulk received according to the requirements of the client.

Price stabilisation: Warehousing performs the function of stabilising prices by adjusting the supply of goods according to demand.

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