Chapter 1 Flashcards

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
Q

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

A

2000 TO 2010