Difference between a Store and Warehouse

[Former Member]

Hi,

I would like to know the difference between a Store and Warehouse in MM point of view.

[Former Member]

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[Former Member]

Hi

Store - Storage location where all the materials are stored and Inventory takes place on qty basis.mainly the physical inventory.

Store as part of Materials Management, can only provide information on the total quantity of material in stock,

Warehouse Management enables a precise specification of the exact location of a particular quantity of material

and informs you whether this quantity is currently in a storage bin or on the move.

For complex stock management Warehouse is used

Hope it helps

Thanks/karthik

[Former Member]

Store is a type of plant in which goods are presented and sold to consumers.

Warehouse is an organizational division of a plant for managing materials stored in different places.

Regards,

Indranil