An analysis of the ailments in inventory management in the Indian warehouses

Warehousing has been a prominent and efficient tool for developed countries, and it has aided their economy at large with manageable costs and effective control. India, despite being one large country, is yet to set its foot in the warehousing section. Due to an almost absenteeism of warehousing or little warehousing structure India faces highest amount of food, grain, materials wastage. This study concentrates itself on setting up better, efficient, cost-controlled, and result-oriented warehouses and in turn a better economy for the nation. Warehousing provides proficient and hygienic storing facilities of goods to ensure a continuous and timely flow of goods to the market and consumers. It protects perishable and semi-perishable items from deterioration. It maintains and controls the demand and supply chain even for the seasonal commodities. It stabilises prices and helps keep them at an affordable range. The sufferings with the likes of infrastructure, land availability, credit, political interferences, proper segments and their role, taxes, labour, and it is training, etc. have added to the miseries of warehousing. Hence there is sure and need immediate requisite for proper and analytical research which could mend this torn, but important industry.