Storage

*

  • Reasons for storage

  • to reduce transportation – production cost
  • to coordinate supply and demand
  • to assist in production process
  • to assist in the marketing process

Functions

  1. Inventory holding (storage)
    • Holding
    • Consolidation
    • Break Bulk
    • Mixing
  2. Material handling
  • Loading and unloading
  • Movement to and from storage
  • Order filling

Storage Alternatives

  1. Ownership
  2. Rental
  3. Lease
  4. Store in transit

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Edited By REF 11.63816 on 1/18/2012, #13771