a. Earlier, the warehouse was considered as a point of storage in a scientific and systematic manner. The goods were received through rails, truck, and bullocks. They were used by exporters, manufacturers, etc.

b. Nowadays, they have become a logistic service aimed at providing a solution to its customers. They are equipped with better technological equipment to improve the functions of the warehouse.

c. There are five types of warehouses- , public, government, bonded and cooperative.

The functions of the warehouse are:

a. The warehouse receives and consolidate goods from different production plants and dispatches the same to a particular customer on a single transportation shipment.

b. The warehouse divides the bulk quantity of goods received from the production plant into smaller quantities. The smaller quantities are then transported according to the requirement of the clients to their places of business.

c. The good for raw materials which are not required immediately for sale are stored in the warehouses to be made available to the business depending upon the customer's demand.

d. The warehouse also provides some value-added services such as in transit mixing, packaging, and labeling. Sometimes a good has to be opened, repackaged and labeled again at the time of inspection by the buyers.

e. The warehouse adjusts the supply of goods with the demand situation and performs the function of the stabilizing price. When the supply is increasing the demand is reduced the prices are controlled and vice versa.