Warehousing - Part of the firm’s logistics system that stores products (raw materials, parts, goods-in-process, finished goods) at and between points of origin and point of consumption, Accumulating - Involves bringing together similar stocks from different sources, Allocating - Involves breaking larger quantities into smaller quantities, Assorting - Refers to building up a variety of different products for resale to particular customers, Sorting - Separating products into grades and qualities desired by different target markets, Private - Owned and operated by a company (manufacturer, wholesaler, or retailer) for its own goods., Public - Owned by government or private individuals/companies and rented out to others., Regrouping - Accumulating, allocating, assorting, and sorting activities., Multiclient - Several clients share the same facility and resources., Contract - Operated by a third-party logistics provider (3PL), under a long-term agreement with a client.,

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