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Explain Transportation and Storage or Warehousing.

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(1) Transportion : 

Transportation involves physical movement of goods from one place to the other. The users of the products are widespread and geographically separated, and it is necessary to move the products to the places where they are needed for consumption and use. A marketing firm has to analyse its transportation need after taking into consideration various factors. 

(2) Storage or Warehousing :

In order to maintain a smooth flow of products in the market, to protect against unavoidable delays in delivery or to meet contigencies in demand, proper storage of goods is required. Warehousing creates time utility.

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