M1S1

Question 1

is part of the supply chain process that ultimately delivers goods to end-users or consumers

Answer 1

Distribution Management

Question 2

refers to the process of overseeing the movement of goods from supplier or manufacturer to point of sale.

Answer 2

Distribution Management

Question 3

Effective distribution management involves selling your product while assuring sufficient stocks in channels while managing promotions in those channels and their varying requirements.

Answer 3

Distribution as a Marketing Function

Question 4

assuring sufficient stocks in channels while managing promotions in those channel

Answer 4

Distribution as a Marketing Function

Question 5

making sure a SUPPLY CHAIN is efficient enough that distribution costs are low enough to allow a product to be sold at the right price

Answer 5

Distribution as a Marketing Function

Question 6

concerned with the efficient transfer of goods from the source of supply through the place of manufacture to the point of consumption in a cost-effective way

Answer 6

Logistics

Question 7

“getting the right item in the right quantity at the right time at the right place for the right price in the right condition to the right customer.”

Answer 7

Logistics

Question 8

IQTPPCC

Answer 8

item
quantity
time
place
price
condition
costumer

Question 8

Key Component of Logistics (TIW)

Answer 8

Transport
Inventory
Warehousing

Question 9

These have been the fundamental of industrial and economic life for countless years

Answer 9

Warehousing

Question 10

Physical distribution;
Logistics
Business logistics
Materials management
Procurement and supply
Product flow
Marketing logistics
Demand chain management

Answer 10

Associated Names and Different Definitions For Logistics

Question 11

diverse and dynamic function that has to be flexible and has to change according to the various constraints and demand imposed upon with respect to the environment in which it works.

Answer 11

Logistics

Question 12

represents the storage and flows into and through the production process; while distribution represents the storage and flows of the final production point through to the customer or end user.

Answer 12

Supply and Materials management

Question 13

Logistics = ____________ + ______________

Answer 13

Materials Management + Distribution

Question 13

_____________ = Materials Management + Distribution

Answer 13

Logistics

Question 14

___________ =Suppliers + Logistics + Customer

Answer 14

Supply Chain

Question 15

_____ concerned not only with physical flows and storage from raw material to the final distribution of the finished product but also with information flows and storage.

Answer 15

logistics and the supply chain

Question 16

Supply Chain = _________ + _________ + _________

Answer 16

Suppliers + Logistics + Customer

Question 17

logistics research was focused on how to use mechanization (e.g., pallets and pallet lifts) to improve the very labor intensive processes of material handling and how to take advantage of space using racking and better warehouse design and layout.

Answer 17

1940s

Question 18

development of intermodal containers together with ships, trains, and trucks to handle these containers

Answer 18

mid 1950s

Question 19

Important decade in the development of the distribution concept.
Recognition by some companies to include distribution in the functional management structure of an organization.

Answer 19

1970s

Question 20

The trend had developed in shifting more time-dependent freight transportation to truck which led to the need for warehousing, material handling, and freight transportation, which emerged under the label of “Physical Distribution.”

Answer 20

1960s and 1970s

Question 21

The emergence of personal computers provided tremendously better computer access.
Large-scale optimization algorithms that enabled solutions of previously intractable airline scheduling problems.
Methodology developed in these centers find its way into commercial technology

Answer 21

1980s

Question 22

The widespread recognition of the term “supply chain” as a result of the globalization of manufacturing
Particularly the growth of manufacturing in China.
Globalization accented the need for logistics strategies to deal with complex networks.

Answer 22

1990s

Question 23

Logistics and the supply chain finally became recognized as an area that was key to overall business success.
Changes in logistics have provided the catalyst for major enhancements to their business.
A positive ‘value added’ role that logistics could offer, rather than logistics were merely a cost burden

Answer 23

2000 to 2010

Question 24

The key recent and future issues to be faced in distribution, logistics and supply chain management are reviewed and discussed

Answer 24

2010 and beyond