Chapter 1 Flashcards

(14 cards)

1
Q

is the 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
  • is the process of planning and executing the
    efficient transportation and storage of goods from the point
    of origin to the point of consumption
  • consists of both upstream and downstream
    activities, like transportation, materials handling,
    procurement, and information flow.
A

Logistics

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3
Q

focuses on the downstream supply chain, like
warehousing, inventory management, order processing, and
delivery.
- focuses on the downstream supply chain, like
warehousing, inventory management, order processing, and
delivery.

A

Distribution

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4
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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5
Q

Important of Logistics and Distribution

A

-Streamlined supply chain operation
-Cost reduction and improvement efficiency
-Inhance customer satisfaction
-Competitive advantage
-Risk Mitigation Resilience
-Sustainability and Environmental impact
-Strategic decision making

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6
Q

Logistic historical perspective

A

-Logistic system before1850
-1950s and early 1960s
-1970s
-1980s
-1990s
-2000-2010

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7
Q

In ancient history, the combination of local supply for food and forage and self-containment in hardware and services appears often as the logistic basis for operations by forces of moderate size

A

Logistic system before 1950

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8
Q

In this period, distribution systems were unplanned and unformulated. Manufacturers manufactures, retailers retailed, and in some way or other goods reached the shops

A

1950s and early 1960s

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9
Q

This was an important decade in the development of the distribution concept. One major change was the recognition by some companies of the need to include distribution in the functional management structure of an organization

A

1970s

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10
Q

The _____ saw supply chain stakeholders, transportation manufacturers and more building on their successes. In 1983, the term “Supply Chain Management” was coined, and personal computing further revolutionized the supply chain.

A

1980s

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11
Q

Logistics in the 1990s saw tremendous developments in electronics and communications technology and the growth of third-party logistics organizations.

A

1990s

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12
Q

Business organizations faced many challenges as they endeavored to maintain or improve their position against their competitors, bring new products to market and increase the profitability of their operations.

A

2000 to 2010

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13
Q
A
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14
Q
A
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