Oluwasegun purpose
Active member
The storage of goods: the basic function of warehouse is to store large stock of goods. These goods are stored from the time of their production or purchase till their consumption or use ...
Protection of goods: A warehouse provides protection of goods from loss or damage due to heat, dust,wind and moisture, etc.it make special arrangements for different product according to their Nature. It cuts down losses due to spoilage and waste during storage
Risk bearing; warehouse take over the risk incidental to storage of goods. Once goods are handed over to the warehouse keepers for storage, the responsibility of these goods passes on the warehouse keeper . Thus, The risk of loss or damage to goods in storage is borne by the warehouse keeper. Since he is bound to return the goods in good condition, he becomes responsible for any loss, theft or damage, etc. Thus,he takes all precautions to prevent any mishap.....
Protection of goods: A warehouse provides protection of goods from loss or damage due to heat, dust,wind and moisture, etc.it make special arrangements for different product according to their Nature. It cuts down losses due to spoilage and waste during storage
Risk bearing; warehouse take over the risk incidental to storage of goods. Once goods are handed over to the warehouse keepers for storage, the responsibility of these goods passes on the warehouse keeper . Thus, The risk of loss or damage to goods in storage is borne by the warehouse keeper. Since he is bound to return the goods in good condition, he becomes responsible for any loss, theft or damage, etc. Thus,he takes all precautions to prevent any mishap.....
