CHAPT 7 Flashcards
(54 cards)
is the process of bringing the goods produced or services rendered by the company to the ultimate consumer.
distribution
refer to the pathways or routes through which goods or services flow from producers to consumers. It ensure that products reach the right customers efficiently and at the right time.
distribution channel
what are the types of distribution channel
direct, indirect, hybrid channels
Involves no intermediaries; the producer sells directly to the consumer. Example: Direct sales, door-to-door selling, factory outlets Involves intermediaries between the producer and the consumer
direct channels
involves intermidiaries between the producer and the consumer
indirect channels
combines direct and indirect channels
hybrid channels
what are the types of distribution activities
order processing
packaging
warehousing
transportation
inventory control
customer service
Regarded as the input to customer service satisfaction. It consist of receiving, recording, filling, and assembling of products for shipping
order processing
an essential function to do in supply chain management. it shields products from breakages, helps in well organized distribution, and conveys messages about products to the customers
packaging
is holding and preserving products from time of their productiona until their sale
storage
is much broader concept that includes storage and other functions like assembling, breaking the volume, shipping based on need, arranging product for reshipping, logistics and so on.
warehousing
the movement of goods, people, or services from one place or another using various models such as land, sea, air, or rail
transportation
are those companies that offer transfortation facilities to other
carriers
the processes and techniques used to manage and regulate the stock of goods in business, ensuring the right amount of inventory is avilable at the right time and place. it fpoccuses on minimizing costs while meeting customer demand and avoiding overstock or stockouts.
inventory control
support and assistance provided by the business to its consumer before, during, and after purchasing its products or services. it directly impacts custromer satisfaction, loyalty, and overall business success.
customer services
also known as middlemen, are very essential component of a
company’s distribution channel
intermidiaries
TYPES OF DISTRIBUTION INTERMEDIRIES
agent or brokers
wholesalers
distributors
retailers
These are individuals or companies that act as representatives for businesses. They help in connecting buyers and sellers or facilitate deals.
agents or brokers
is a business or individual that purchases goods in bulk directly from manufacturers or distributors and resells them, usually in smaller quantities, to retailers, other businesses, or institutions.
wholesalers
act as intermediaries in the supply chain, bridging the gap between producers and the final point of sale
WHOLESALERS
is selling pf commodities to everyone either to a person or an organization but not to the final consumers of those goods.
wholesaling
responsible for buying goods and services on behalf of a business or organization. They act as the organization’s representative in procurement activities.
purchasing agent
a third-party intermediary that assists in making a transaction but does not take ownership of goods or directly negotiate purchases.
facilitating agent
two types of agents or brokers
purchasing agent
facilitating agent