Define the term LogisticsDefine the term DistributionWhat are the two main activities of distribution?What is Distribution Management?
Question
Define the term Logistics
Define the term Distribution
What are the two main activities of distribution?
What is Distribution Management?
Solution
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Logistics: This term refers to the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging.
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Distribution: This is the process of making a product or service available for use or consumption by a consumer or business user, using direct means, or using indirect means with intermediaries. It's a key component of the marketing mix, which includes product, price, place (distribution), and promotion.
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The two main activities of distribution are: a. Transportation: Moving the goods from the place of production to the place of consumption. b. Warehousing: Storing the goods until they are needed for use.
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Distribution Management: This is an overarching term that refers to numerous activities and processes such as packaging, inventory, warehousing, supply chain, and logistics. It involves the steps taken to move and store a product from the supplier stage to a customer stage in the distribution process. It's a critical component to the success of any business that has physical products.
Similar Questions
Distribution Logistics are concerned withQuestion 4Answera.make or buy decisionsb.supplier managementc.orderingd.Delivery of finished goods
The area of logistics that involves bringing raw materials, packaging, other goods and services, and information from suppliers to producers is logistics.
What is an alternative term for a distribution channel? A. Marketing channel B. Supply chain C. Marketing chain D. Place
b) As a distribution manager, examine how the changes in legal and regulatory frameworks are likely to influence physical distribution globally.
Which of these are not components of supply chain management? A. Planning B. Sourcing C. Delivering D. Transporting
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