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Which of the following best describe firms that might use cost based warehousing strategies? A) Firms...

Which of the following best describe firms that might use cost based warehousing strategies? A) Firms that distribute a large number of commodity items. B) Firms that need to have inventory near customers. C) Firms that need to have a quick response to customers. D) All of the above

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Answer #1

Answer- A) Firms that distribute a large number of commodity items.

Explanation- The warehousing strategy plays a critical role in the revenue of a company and its growth. The main aim of a warehousing strategy is to reduce cost. There are many warehousing strategies such as benchmarking, Slotting, freight management, etc. The cost based warehousing is used when a firm distributes a large number of commodity items and ensures that the items are accessible to the consumers quickly.

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