STORAGE AND WAREHOUSING

Storage is a process of preserving goods for future demands. Warehouses provide storage facilities. Storage is necessaryin the following cases. When production is storage but consumption is perennial and also when production is Continuous but consump tion is seasonal.
Storage involves holding and preserving of goods between the time of their production and the time of their use. It causes steady flow of commodities to markets throughout the year. Storage creates time utility by serving or supplying the goods in time.
The storage is done through the establishment of Waterhouses. Waterhouses also help in having a central place for keeping goods from where the distribution could be made easily and according to needs. Storage can be regarded as a function of equalization
Ultimately it tends to adjust the  supply to demand so add to equalise them on the interest of the manufacturers,middlemen and consumers. Moreovet it creates time and place utilities.
FACILITSTING FUNCTIONS.......