chapter 1 Flashcards
process of overseeing and controlling the movement of goods from manufacturers or suppliers to end customers.
Distribution management
It involves coordinating various activities to make sure products are stored, transported, and delivered efficiently
Distribution management
The goal is to improve delivery speed, while reducing operational costs and increasing supply chain efficiency
Distribution Management
the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption
Logistics
involves the strategy behind storing and transporting your products.
Logistics
It’s the planning you use to keep your goods in stock and to transport products in the most effective, cost-efficient ways.
Logistics
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.
Logistics
involves making products readily available for your business partners and customers.
Distribution
The main purpose of ____ is to find the most effective and cost-efficient shipping or transportation possible for your products.
Distribution
focuses on the downstream supply chain, like warehousing, inventory management, order processing, and delivery.
Distribution
The objective is to guarantee that products are available to customers at the right time and place.
Distribution
like the location of warehouses, number and size of distribution depots, type of storage, and materials handling equipment
Storage, warehousing, and materials handling
unit load, protective packaging, handling system
Packaging and unitization
what to stock, where to stock, how much to stock
Inventory
mode of transport, type of delivery operation, load planning, route schedule
Transport
design of systems, control procedures, forecasting
Information and control
Enumerate ELEMENTS OF LOGISTICS AND DISTRIBUTION
- Storage, warehousing, and materials handling
- Packaging and unitization
- Inventory
- Transport
- Information and control
IMPORTANCE OF LOGISTICS AND DISTRIBUTION
- 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
Efficient flow of Goods, Inventory Management, Just-in-Time Delivery
Streamlined Supply Chain Operations
Reduced Transportation Costs, Inventory Cost Reduction, Labor Efficiency
Cost Reduction and Improved Efficiency
On time delivery, Order accuracy, Visibility and tracking
Enhanced Customer Satisfaction
On time delivery, Order accuracy, Visibility and tracking
Enhanced Customer Satisfaction
Faster time to market, Agility and responsiveness, Global reach
Competitive Advantage
Supply chain resilience, Inventory optimization
Risk Mitigation and Resilience