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

the 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

involves the strategy behind storing and transporting your products.

A

Logistics

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6
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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7
Q

consists of both upstream and downstream activities, like transportation, materials handling, procurement, and information flow. It aims to maximize the efficiency of the entire supply chain.

A

Logistics

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8
Q

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

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

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

like the 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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13
Q

unit load, protective packaging, handling system

A

Packaging and unitization

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14
Q

what to stock, where to stock, how much to stock

A

Inventory

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15
Q

mode of transport, type of delivery operation, load planning, route schedule

A

Transport

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16
Q

design of systems, control procedures, forecasting

A

Information and control

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17
Q

Enumerate 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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18
Q

IMPORTANCE OF LOGISTICS AND DISTRIBUTION

A
  • Streamlined Supply Chain Operations
  • Cost Reduction and Improved Efficiency
  • Enhanced Customer Satisfaction
  • Competitive Advantage
  • Risk Mitigation and Resilience
  • Sustainability and Environmental Impact
  • Strategic Decision-Making
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19
Q

Efficient flow of Goods, Inventory Management, Just-in-Time Delivery

A

Streamlined Supply Chain Operations

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20
Q

Reduced Transportation Costs, Inventory Cost Reduction, Labor Efficiency

A

Cost Reduction and Improved Efficiency

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21
Q

On time delivery, Order accuracy, Visibility and tracking

A

Enhanced Customer Satisfaction

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22
Q

On time delivery, Order accuracy, Visibility and tracking

A

Enhanced Customer Satisfaction

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23
Q

Faster time to market, Agility and responsiveness, Global reach

A

Competitive Advantage

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24
Q

Supply chain resilience, Inventory optimization

A

Risk Mitigation and Resilience

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25
Reduced carbon footprint, Efficient resource utilization
Sustainability and Environmental Impact
26
Data-driven insights Continuous improvement (KPI’s)
Strategic Decision-Making
27
KPI MEANING
Key Performance Indicator
28
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.
Logistic systems before 1850
29
One of the most efficient logistic systems ever known was that of the Mongol cavalry armies of the 13th century
Logistic systems before 1850
30
Its basis was austerity, discipline, careful planning, and organization
Logistic systems before 1850
31
In this period, distribution systems were unplanned and unformulated.
1950s and early 1960s
32
Manufacturers manufactured, retailers retailed, and in some way or other goods reached the shops.
1950s and early 1960s
33
Distribution was broadly represented by the haulage industry and manufacturer's own-accounts fleets.
1950s and early 1960s
34
There was little positive control and no real liaison between the various distribution-related functions.
1950s and early 1960s
35
This was an important decade in the development of the distribution concept.
1970s
36
One major change was the recognition by some companies of the need to include distribution in the functional management structure of an organization.
1970s
37
The decade also saw a change in the structure and control of the distribution chain
1970s
38
There was a decline in the power of the manufacturers and suppliers, and a marked increase in that of the major retailers.
1970s
39
The larger retail chains developed their own distribution structures, based initially on the concept of regional or local distribution depots to supply their stores.
1970s
40
The 19__s saw supply chain stakeholders, transportation manufacturers and more building on their successes
1980s
41
the term "Supply Chain Management" was coined, and personal computing further revolutionized the supply chain. New software like flexible spreadsheets, mapping and route planning made it easier to track costs and maximize profits
1983
42
This was coupled with other advancements including air freight optimization, supply chain distribution networks and the introduction of Enterprise Resource Planning (ERP) systems.
1980s
43
Logistics in the 19__s saw tremendous developments in electronics and communications technology and the growth of third-party logistics organizations.
1990s
44
The early years of the 21st century have been marked by evolution from logistics to supply chain management in academic and business circles
1990s
45
The supply chain concept gave credence to the fact that there may be several different organizations involved in getting a product to the marketplace.
1990s
46
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. This led to the development of many new ideas for improvement, specifically recognized in the redefinition of business goals and the re-engineering of entire systems.
2000 to 2010
46
Thus for example manufacturers and retailers should act together in partnership to help create a logistics pipeline that enables an efficient and effective flow of the right products through to the final customer.
1990s
47
Logistics and the supply chain finally became recognized as an area that was key to overall business success. Indeed, for many organizations, changes in logistics have provided that catalyst for major enhancements to their business
2000 to 2010
48
Leading organizations recognized that there was a positive 'value added' role that logistics could offer, rather than the traditional view that the various functions within logistics were merely a cost burden that had to be minimized regardless of any other implications.
2000 to 2010
49
seat on the back of the ___
horses
50
They also figured out how to travel over water using woods
Woods and boat
51
Then they started to create a boat that shape of fishes
Woods and boat
52
Wheel was invented for pottery and not for travelling
Wheel
53
the horses became supported of wheels
3500 BC
54
Advantages of wheels
1. People could cover more distance in a shorter time 2. More weight could be transported
55
Steam Engine
1712
56
They just boiled water with coal and then you get
Steam
57
They used to move the machines
steam
58
First Steam Locomotive
1804
59
First Automobile
1885
60
First Steam Engine Ship
1918
61
Flying Glider
1900
62
Steam was now replaced with fossil fuels like
Petrol and Diesel
63
Automobile started to become smaller, quieter, faster because of ___
fossil fuels like Petrol and Diesel
64
Automobile new name into
Cars
65
For 1 or 2 persons travel in short distances
Bike and Moped
66
For little groups of people over short or longer distances
Cars
67
For a larger group of people over a longer distances
Buses
68
For transporting materials and things
Trucks
69
Three wheel used as taxis
Tuk-tuk
70
The next fuel is
Electricity
71
it was the first vehicle to run on electricity.
Electric Trains
72