a. State four functions of warehousing b (l). Identify three modes of transportation (ii) Explain...

Explanation

a.

• (i) Warehouse provides facilities for grading, sorting and packaging of goods
• Warehouse provides protection to goods from loss or damage due to heat, dust, moisture, wind etc
• Warehouse helps to keep track of information regarding inflows and outflows of stock
• Warehousing performs, the function of storage of goods until they are needed
• Warehousing facilitates price stabilization by the creation of time utility:

b. (i)

• Air transportation
• Road transportation
• Water transportation
• Rail transportation etc

(ii)

• Waybill: this is a document used no by a carrier showing details and 8instructions regarding the goods Io being transported. It shows the names of the consignor and the Consignee, the point of origin, the destination of the goods.
• Consignment Note: this is a document prepared by a consignor and countersigned by the carrier as a proof of receipt of goods for delivery at a destination
• Delivery Note: this is a document that accompanies the shipment of goods and shows the description and quantity of goods declared. A copy of this document, signed by the consignee is returned to the consignor as proof of delivery.