Chapter 1 Flashcards

(25 cards)

1
Q

process of overseeing and
controlling the movement of goods from manufacturers or
suppliers to end customers.

A

Distribution management

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2
Q

It involves coordinating various activities to make sure
products are stored, transported, and delivered efficiently.

A

Distribution Management

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3
Q

The goal is to improve delivery speed, while reducing
operational costs and increasing supply chain efficiency

A

DISTRIBUTION MANAGEMENT

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4
Q

process of planning and executing the
efficient transportation and storage of goods from the point
of origin to the point of consumption

A

LOGISTICS

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5
Q

It’s the planning you use to keep
your goods in stock and to transport products in the most
effective, cost-efficient ways.

A

LOGISTICS

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6
Q

It involves the strategy behind storing and
transporting your products.

A

LOGISTICS

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7
Q

It consists of both upstream and downstream activities. It also aims to maximize the efficiency of the entire supply chain.

A

LOGISTICS

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8
Q

It involves making products readily available for your business partners and customers.

A

DISTRIBUTION

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9
Q

The main
purpose of _________ is to find the most effective and
cost-efficient shipping or transportation possible for your
products

A

distribution

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10
Q

It focuses on the downstream supply chain

A

DISTRIBUTION

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11
Q

The objective is to guarantee that products are
available to customers at the right time and place.

A

DISTRIBUTION

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12
Q

ELEMENTS OF LOGISTICS AND DISTRIBUTION

A
  1. Storage, warehousing, and materials handling
  2. Packaging and unitization
  3. Inventory
  4. Transport
  5. Information and Control
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13
Q

location of warehouses, number and size of
distribution depots, type of storage, and materials handling
equipment

A

Storage, warehousing, and materials handling

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14
Q

unit load, protective packaging, handling system

A

Packaging and unitization

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15
Q

what to stock, where to stock, how much to stock

A

Inventory

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16
Q

mode of transport, type of delivery operation, load planning,
route schedule

17
Q

design of systems, control procedures, forecasting

A

Information and control

18
Q

IMPORTANCE OF DISTRIBUTION AND LOGISTICS (SCECORSUS)

A
  • STREAMLINED SUPPLY CHAIN OPERATIONS
  • COST REDUCTION AND IMPROVED EFFICIENCY
  • ENHANCED CUSTOMER SATISFACTION
  • COMPETITIVE ADVANTAGE
  • RISK MITIGATION AND RESILIENCE
  • SUSTAINABILIIITY AND ENVIRONMENTAL IMPACT
  • STRATEGIC DECISION-MAKING
19
Q

WHAT IS THE MOST EFFICIENT LOGISTIC SYSTEM EVER KNOWN?

A

MONGOL CAVALRY ARMIES OF THE 13TH CENTURY

20
Q

IN THIS PERIOD, DISTRIBUTION SYSTEM WERE UNPLANNED AND UNFORMULATED

A

1950’S AND EARLY 1960’S

21
Q

THE DISTRIBUTION WAS BROADLY REPRESENTED BY?

A

HAULAGE INDUSTRY AND MANUFACTURER’S OWN-ACCOUNT FLEETS

22
Q

IN THIS PERIOD, THERE WAS A DECLINE IN THE POWER OF THE MANUFACTURERS AND SUPPLIERS. LARGER RETAILERS DEVELOPED THEIR OWN DISTRIBUTION STRUCTURES

23
Q

IN THIS PERIOD, SUPPLY CHAIN MANAGEMENT WEAS INVENTED AS WELL AS INTRODUCTION OF ENTERPRISE RESOURCE PLANNING (ERP) SYSTEMS

24
Q

IN THIS PERIOD, COMPANIES STARTED TO USE THIRD PARTY LOGISTICS (3PLs) AND IN EARLYU21ST CENTURY INTERMEDIARIES DO COLLABORATION

25
IN THIS PERIOD, LOGISTICS AND SUPPLY CAHIN FINALLY BECOME RECOGNIZED AS KEY TO OVERALL BUSINESS SUCCESS.
2000 TO 2010