Hoja 1 Flashcards
Possession utility
Value or usefulness that comes from a customer being able to take possession of a product
Time utility
Having products available when they are needed by customers
Place utility
Having products available where they are needed by customers.
Form utility
Product’s being in a form that can be used by the customer and is of value to the customer.
Logistics
Part of supply chain management that controls the
efficient flow and storage of goods.
Information between the point of origin and the point of consumption in order to meet
customers’ requirements
Supply chain management
Encompasses the planning and management of all activities involved in logistics management activities.
Tailored logistics
Groups of customers with similar logistical needs are provided with logistics service appropriate to those wants
one-size-fits-all logistics approach (mass logistics)
Every customer gets the same type and levels of logistics service
Customized customer
The customer desires a product offering that is highly tailored to the customer’s exact preferences.
Customer service.
The ability of logistics management to satisfy users in terms of time, dependability, communication, and convenience