A warehouse, sanctioned by the exchange, serves as a safe haven for physical commodities and facilitates the actual delivery of said commodities. This allows for a streamlined and secure process for the exchange of goods. Additionally, the warehouse provides a reliable source for accurate inventory and quality control. As a financial professional, it's crucial to understand the role and importance of warehouses in the commodities market. These facilities play a crucial role in ensuring efficient and transparent transactions between buyers and sellers.