Lesson Notes By Weeks and Term - Senior Secondary School 2

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  4. Warehousing I

Term: 2nd Term

Week: 1

Class: Senior Secondary School 2

Age: 16 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Marketing

Topic:-       Warehousing I

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. Define warehousing
  2. List the functions of warehousing

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S ACTIVITY

STEP 1

INTRODUCTION

The teacher reviews the previous lesson on transportation

Students pay attention

STEP 2

EXPLANATION

She explains the meaning of warehousing

 

Students pay attention and participates

STEP 3

DEMONSTRATION

She discusses the functions of warehousing

 

Students pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a summarized note on the board

The students copy the note in their books

 

NOTE

WAREHOUSING

Warehousing is the process of storing physical inventory for sale or distribution. Warehouses are used by all different types of businesses that need to temporarily store products in bulk before either shipping them to other locations or individually to end consumers.

 

FUNCTIONS OF WAREHOUSING

  1. Storage:

Surplus commodities which are not needed immediately can be stored in warehouses. They can be supplied as and when needed by the customers.

  1. Price Stabilization:

Warehouses play an important role in the process of price stabilization. It is achieved by the creation of time utility by warehousing. Fall in the prices of goods when their supply is in abundance and rise in their prices during the slack season are avoided.

  1. Risk bearing:

When the goods are not stored in warehouses they are exposed to many risks in the form of theft, deterioration, exploration, fire etc. Warehouses are constructed in such a way as to minimise these risks.

  1. Financing:

Loans can be raised from the warehouse keeper against the goods stored by the owner. Goods act as security for the warehouse keeper. Similarly, banks and other financial institutions also advance loans against warehouse receipts. In this manner, warehousing acts as a source of finance for the businessmen for meeting business operations.

  1. Grading and Packing:

Warehouses nowadays provide the facilities of packing, processing and grading of goods. Goods can be packed in convenient sizes as per the instructions of the owner.

EVALUATION:    1. Define warehousing

  1. State the functions of warehousing

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively