CHAPTER 7 Flashcards
DISTRIBUTION AND SUPPLY CHAIN STRATEGY (69 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.
Distribution Channels
It ensure that products reach the right customers efficiently and at the right time.
Distribution Channels
________________ refer to the pathways or routes through which goods or services flow from producers to consumers.
Distribution Channels
Involves no intermediaries; the producer sells directly to the consumer.
Example: Direct sales, door-to-door selling, factory outlets
DIRECT CHANNELS
Involves intermediaries between the producer and the consumer. Example: Wholesalers, Distributors, Retailers
INDIRECT CHANNELS
Combines direct and indirect channels.
Example: A company selling products both through its website and through retailers.
HYBRID CHANNELS
DISTRIBUTION ACTIVITIES
- ORDER PROCESSING
- PACKAGING
- WAREHOUSING
- TRANSPORTATION
- INVENTORY CONTROL
- CUSTOMER SERVICE
Regarded as the input to customer service satisfaction. It consists of receiving, recording, filling, and assembling of products for shipping.
ORDER PROCESSING
An essential function to do in supply chain management.
PACKAGING
It shields products from breakages, helps in well-organized distribution, & conveys messages about products to the customers.
PACKAGING
__________ is holding & preserving products from the time of their production until their sale.
STORAGE
_______________ is a much broader concept that includes storage & 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 to another using various modes such as land, sea, air, or rail.
TRANSPORTATION
___________ are those companies that offer transportation facilities to others.
CARRIERS
The processes and techniques used to manage and regulate the stock of goods in a business, ensuring the right amount of inventory is available at the right time and place.
INVENTORY CONTROL
It focuses on minimizing costs while meeting customer demand and avoiding overstock or stockouts.
INVENTORY CONTROL
The support and assistance provided by a business to its customers before, during, and after purchasing its products or services.
CUSTOMER SERVICE
It directly impacts customer satisfaction, loyalty, and overall business success.
CUSTOMER SERVICE
Intermediaries, also known as __________, are very essential component of a company’s distribution channel
middlemen
______________, also known as middlemen, are very essential component of a company’s distribution channel
Intermediaries
These are individuals or companies that act as representatives for businesses. They help in connecting buyers and sellers or facilitate deals.
AGENTS / BROKERS
- 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.
Example: customs broker assisting with import/export compliance.
Facilitating Agent