What role does warehousing sector play in supply chain of India?
To understand the significance of the warehousing sector, let us first define supply chain and how it works: A supply chain is the network that connects all of the people, organizations, resources, activities, and technology involved in the manufacture and sale of a product. A supply chain includes everything from the transfer of raw materials from a supplier to a producer to the final distribution to the end customer. The distribution channel is the supply chain segment responsible for getting the finished product from the manufacturer to the consumer. However before the distribution the goods are retained in the warehousing, wherein it plays a critical role . The importance of the warehousing and logistics sector in the economy is demonstrated by its role during the Covid-19 pandemic. Adequate warehouse facilities, together with an efficient logistics network, are critical to maintaining the flow of commodities and meeting consumer demand across the country. The critical ...