The safe keeping of goods from the point of production to the time they are needed is`

Assessment: WAEC SSCE - Commerce - 1999 (Objective) Subject: Commerce

Question 1 Report

The safe keeping of goods from the point of production to the time they are needed is`
Answer Details
The safe keeping of goods from the point of production to the time they are needed is known as "warehousing." Warehousing refers to the process of storing goods and products in a safe and secure place before they are sold or distributed. This can include storing raw materials, finished goods, or products in the warehouse. Warehousing ensures that products are available when needed and helps to prevent losses due to theft, damage, or spoilage. It also facilitates the efficient movement of goods throughout the supply chain.

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