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The Functions of bonded Warehousing
1. Bonded warehousing
Bonded warehousing is the basic function of bonded warehouse. The goods could be stored in bonded warehouse, and It only need to have customs clearance finished when the customer needs it.
2. Risk taking
The bonded warehouse always be built in a good way that minimizes risks, such as: deterioration, theft, fire, etc. When the goods are warehousing in bonded warehouse, The goods would be stored in bonded warehouse security.
3. The Price stability
Warehousing in Bonded warehouses play an very important role in stabilizing prices. It Creating time utility through warehousing in bonded warehouse. It would avoids falling prices when goods are in plentiful supply and rising prices when they are out of season.
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