chapter 1

Question 1

is the process of overseeing and
controlling the movement of goods from manufacturers or
suppliers to end customers.

Answer 1

distribution management

Question 2

is the process of planning and executing the
efficient transportation and storage of goods from the point
of origin to the point of consumption.

Answer 2

logistics

Question 3

involves making products readily available
for your business partners and customers.

Answer 3

distribution

Question 4

5 elements of logistics and distribution

Answer 4

1. Storage, warehousing, and materials handling
2. Packaging and unitization
3. Inventory
4. Transport
5. Information and control

Question 5

5 importance of logistics and distribution

Answer 5

— streamlined chain operations
— enhanced customer satisfaction
— competitive advantage
— risk mitigation and resilience
— strategic decision-making

Question 6

most important decade

Answer 6

1970

Question 7

supply chain was coined

Answer 7

1983

Question 8

first electric vehicle

Answer 8

Train

Question 9

locomotive engine

Answer 9

1804

Question 10

automobile

Answer 10

1885