Hoja 1 Flashcards

1
Q

Possession utility

A

Value or usefulness that comes from a customer being able to take possession of a product

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2
Q

Time utility

A

Having products available when they are needed by customers

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3
Q

Place utility

A

Having products available where they are needed by customers.

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4
Q

Form utility

A

Product’s being in a form that can be used by the customer and is of value to the customer.

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5
Q

Logistics

A

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

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6
Q

Supply chain management

A

Encompasses the planning and management of all activities involved in logistics management activities.

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7
Q

Tailored logistics

A

Groups of customers with similar logistical needs are provided with logistics service appropriate to those wants

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8
Q

one-size-fits-all logistics approach (mass logistics)

A

Every customer gets the same type and levels of logistics service

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9
Q

Customized customer

A

The customer desires a product offering that is highly tailored to the customer’s exact preferences.

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10
Q

Customer service.

A

The ability of logistics management to satisfy users in terms of time, dependability, communication, and convenience

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