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Supply Chain Management And Logistics
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Supply Chain Management And Logistics
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25 Questions

1. A marketing system that uses a number of different channels and communication methods to serve a target market

2. Providing a variety of products in one location to meet the needs of buyers

3. An arrangement within a channel of distribution in which two or more firms at the same channel level work together for a common purpose

4. The elimination of some layers of the channel of distribution in order to cut costs and improve the efficiency of the channel

5. Firms or individuals such as wholesalers - agents - brokers - or retailers who help move a product from the producer to the consumer or business user

6. To accept legal ownership of a product and assume the accompanying rights and responsibilities ownership

7. Firms that handle the flow of products from the manufacturer to the retailer or business user

8. A software system that integrates info from across the entire company - including finance - order fulfillment - manufacturing - and transportation and then facilitates sharing of the data throughout the firm

9. Sales Branches- carry inventory - provide sales and service support - Sales Offices-similar to agents - do not carry inventory but provide selling functions - Manufacturers Showrooms- permanent product displays for customers to visit

10. Provide retailers with display units - check inventories - and replace merchandise for the retailers

11. A series of activities involved in designing - producing - marketing - delivering - and supporting any product. -Each link in the chain has the potential to either add or remove value from the product the customer eventually buys

12. The number of distinct categories of intermediaries that populate a channel of distribution

13. Distribution using fewer outlets than intensive distribution but more than exclusive distribution

14. The series of activities that occurs between the time an order comes into the organization and the time a product goes out the door

15. All the activities necessary to turn raw materials into a good or service and put it in the hands of the consumer or business customer

16. Sell through catalogs - telephone - or mail order

17. Radio Frequency Identification

18. A multiple-level distribution channel in which channel member work independently on one another

19. Dividing larger quantities of goods into smaller lots in order to meet the needs of buyers

20. A firm at one level of distribution that takes a leadership role - establishing operating norms and processes based on its power relative to other channel members

21. 20% of sales goes towards physical distribution

22. Provide service in exchange for commissions - Manufacturing agents/reps

23. A channel of distributing in which there is formal cooperation among members at the manufacturing - wholesaling - and retailing levels

24. The process of designing - managing - and improving the movement of products through the supply chain. Includes: purchasing - manufacturing - storage - and transport

25. Intermediaries that buy goods from manufacturers (take title) and sell to retailers and other B2B customers.

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