1.Why does inventory exist, and what significant role that inventory plays in the supply chain?

2. Discuss two reasons for holding stock.

3.There are many factors that need to be considered when deciding on a warehouse location List five of them.

4. Differentiate between the three types of fulfilment centers.

5. The role of logistics is to deliver the right products, in the correct quantity, to the right customer, at the right place, at the right time, in the right condition, at the right price. Explain how warehouses can play a significant part to achieve the above-mentioned goals.

6. Describe four types of different warehouse operations.