Benefit of 3rd party Warehouse

3rd party Warehousing or storage means to the preservation of goods until they are dispatched to the consumers or clients. There is a lot of time gap between the production and actual consumption of goods. By bridging this time gap, warehousing creates time utility.
There is a need for storing the goods to make them available to customers when the goods demand generates. Some quantity of goods is stored at every stage in the marketing process. Proper and accurate arrangements to retain the goods in good condition are essential for success in marketing. Storage enables a firm to carry on production in anticipation the product demand in the future.
• A warehouse is a place used for the storage or to gradually increase in the number of goods. Warehousing is also be defined as an establishment that assumes authority for the safe custody of goods. Warehouses empower the businessmen to carry on production all over the year and to sell their products, whenever there is satisfactory demand.
Warehouse need arises because some of the good produce only in a particular season but are demand is throughout the year. Similarly, some particular products are produced over all the year but demanded only in a particular season. Warehousing facilitates production and distribution on a large scale throughout the world.