Grade 11 Exam > Grade 11 Videos > Business Studies for Grade 11 > Warehousing, Functions
Warehousing, Functions Video Lecture | Business Studies for Grade 11
|
38 videos|106 docs|48 tests
|
FAQs on Warehousing, Functions Video Lecture - Business Studies for Grade 11
| 1. What is the role of a warehouse in the field of commerce? |  |
Ans. A warehouse plays a crucial role in commerce as it serves as a storage facility for goods and products. It allows businesses to store their inventory in a centralized location, ensuring efficient management and distribution of goods to fulfill customer orders.
| 2. What are the key functions of a warehouse in commerce? | |
Ans. The key functions of a warehouse in commerce include receiving and inspecting incoming goods, storing and organizing inventory, managing stock levels, preparing orders for shipment, and coordinating the transportation and delivery of goods to customers.
| 3. How does warehousing contribute to the overall supply chain management? | |
Ans. Warehousing plays a vital role in supply chain management by providing a buffer between production and consumption. It allows businesses to store excess inventory, manage fluctuations in demand, and ensure a steady supply of goods to meet customer needs. Additionally, warehousing enables the consolidation and sorting of products, making distribution more efficient.
| 4. What are the benefits of using a warehouse in commerce? | |
Ans. Using a warehouse in commerce offers several benefits, such as improved inventory control, reduced stockouts, increased order fulfillment speed, cost savings through bulk purchasing and storage, enhanced customer service, and the ability to expand the business by accommodating larger inventories.
| 5. How can a well-managed warehouse contribute to cost reduction in commerce? | |
Ans. A well-managed warehouse can contribute to cost reduction in commerce through various means. These include optimizing inventory levels to minimize holding costs, implementing efficient storage and retrieval systems to reduce labor expenses, improving order accuracy to avoid costly returns and re-shipments, and utilizing space effectively to maximize storage capacity and avoid unnecessary expansion costs.
Related Exams
About this Video
|
4.90/5 Rating |
|
Nov 25, 2024 Last updated |
Video Description: Warehousing, Functions for Grade 11 2024 is part of Business Studies for Grade 11 preparation.
The notes and questions for Warehousing, Functions have been prepared according to the Grade 11 exam syllabus.
Information about Warehousing, Functions covers all important topics for Grade 11 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Warehousing, Functions.
Introduction of Warehousing, Functions in English is available as part of our Business Studies for Grade 11 for Grade 11 & Warehousing, Functions in
Hindi for Business Studies for Grade 11 course. Download more important topics related with notes, lectures and mock test series for
Grade 11 Exam by signing up for free.
Description
Video Lecture & Questions for Warehousing, Functions Video Lecture | Business Studies for Grade 11 - Grade 11 full syllabus preparation | Free video for Grade 11 exam to prepare for Business Studies for Grade 11.
Information about Warehousing, Functions
Here you can find the meaning of Warehousing, Functions defined & explained in the simplest way possible.
Besides explaining types of Warehousing, Functions theory, EduRev gives you an ample number of questions to practice Warehousing, Functions tests,
examples and also practice Grade 11 tests.
|
38 videos|106 docs|48 tests
|
|
Explore Courses for Grade 11 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
ppt
,MCQs
,Functions Video Lecture | Business Studies for Grade 11
,Free
,Viva Questions
,Warehousing
,Important questions
,practice quizzes
,Warehousing
,Summary
,Extra Questions
,Previous Year Questions with Solutions
,shortcuts and tricks
,Warehousing
,Sample Paper
,Functions Video Lecture | Business Studies for Grade 11
,video lectures
,mock tests for examination
,study material
,Exam
,Objective type Questions
,Functions Video Lecture | Business Studies for Grade 11
,past year papers
,Semester Notes
;
Study Warehousing, Functions on the App
Students of Grade 11 can study Warehousing, Functions alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Warehousing, Functions,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Warehousing, Functions is prepared as per the latest Grade 11 syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup