Storage
Storage refers to the temporary holding of goods in a warehouse or distribution center until they are needed for production or shipment. Effective storage management ensures that inventory is stored safely and efficiently, with easy access for order fulfillment. Proper storage practices are critical for maintaining product quality and optimizing warehouse space.
Related glossary terms
Bonded warehouse
A bonded warehouse stores imported goods under customs supervision before duties are paid. Learn about storage limits and how duty deferral benefits importers.
Warehouse Management
Warehouse Management involves administering storage facilities, including receiving, storing, and moving goods, using systems and automation to optimize space…
Demurrage Charges
Demurrage is the port fee charged when a loaded container sits at the terminal past free time. Learn LFD, demurrage vs. detention, and how to avoid charges.
Handling Costs
Handling Costs are expenses for physically moving goods through the supply chain, including loading, unloading, and transferring products at ports, warehouses,…
