Marketing Inventory and Storage

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bonded warehouse

Public or private warehouses that store products requiring the payment of a federal tax.

public warehouse

This is owned and operated by an independent firm and one can lease/rent space for storage and pay for shipping, receiving, and other services rendered.

distribution center

a special kind of warehouse designed to speed the flow of goods and avoid unnecessary storing costs

private warehouse

an owned or leased facility that is operated by the firm that owns the products. Gives greatest control but often highest costs, especially fixed cost

piggyback

haul truck trailers loaded with commodities on railroad cars

storage

involves holding and preserving goods from the time they are produced until they are needed for consumption.

inventory

the merchandise that a shop has on hand

freight

transporting goods commercially at rates cheaper than express rates

fishyback

when truck trailers are placed on ships to ravel long distances at lower rates


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