Week 2-3 Flashcards
Vital aspect of marketing.
Place Distribution
it is the art and science of determining requirements in acquiring, distributing and finally maintaining them in an operationally ready condition for their entire lives.
Distribution Management
_______ is a systematic decision making regarding the physical transfer of goods and services from manufacturer to final user.
Distribution Planning
it is the way on how to transfer the finished goods from the producer/manufacturer to the ultimate buyer/consumer.
Transportation
it is the process in keeping the product safe and maintaining its stock to avoid shortage of supply.
Inventory Management
it describes follow-ups on customers including the feedback and satisfactory level after buying the product.
Customer Satisfaction
Middlemen refers to the following:
wholesalers, retailers, and marketing specialist
Channel members are:
- Manufacturers
- Service Providers
- Wholesalers
- Retailers
- Marketing Specialist
- Consumers
These are the makers or producers of a final product.
Manufacturers
are the ones who provide intangibles product to gain satisfaction from the customers.
Service Providers
are engaged in the activity of selling products to retailers, organizational users or other wholesalers and selling products to resale.
Wholesalers
they are selling goods in small quantity directly to the consumer.
Retailers
the one who is expert in the field of marketing.
Marketing Specialist
they are the final and ultimate users of the product.
Consumers
Two Types of Distribution Management
- Direct Channel Distribution
- Indirect Channel Distribution
is the transfer and movement of goods and services from manufacturer to final user or customer without the intervention of independent middleman.
Direct Channel Distribution
is the transfer and movement of goods and tangibles products and services or intangible goods from manufacturer or producer to independent intermediaries to customer.
Indirect Channel Distribution
Types of Intensity Coverage
- Exclusive Distribution
- Selective Distribution
- Intensive Distribution
- Dual Channels of Distribution
it described as a “broad range of activities primarily concerned with the efficient movement of finished goods from the end of the production line to the consumer”
Physical Distribution
Types of Physical Distribution
- Customer Service
- Shipping
- Warehousing
- Inventory Control
- Packaging
- Receiving Materials Handling
the ability of the organization to satisfy the customer to its maximum level.
Customer Service
the ability to transfer a durable product from one location to other normally a far place.
Shipping
the ability to properly store the raw materials, semi-processed goods to used a final product.
Warehousing
the ability to provide sufficient supply of raw materials at the right quantity, time and quality.
Inventory Control
the ability to make the product presentable from the physical appearance including its taste, color, size, weight, and shape.
Packaging
the ability to properly manage the materials for the final production.
Receiving Materials Handling
it is the ability of the organization to transport the available goods into the customer custody. It helps in the proper distribution of products for customer satisfaction and continuous patronage.
Transportation
Five Basic Transportation Forms:
- Railroads
- Motor Carriers
- Waterways
- Pipelines
- Airways
carry heavy, bulky items that are low in value over long distances.
Railroads
transport small shipments over short distances or in a nearby town.
Motor Carriers
move goods which are low in value but high-bulk freight on barges via inland rivers and on tankers, freighters, and inter-coastal shipping.
Waterways
reliable, continuous movements of liquid, gases, and semi-liquid.
Pipelines
fastest, most expensive form for perishable and emergency goods that needed to be transported separately from others to avoid delay.
Airways
are marketing specialist that are predominantly handle the shipments of small and moderate sized packages to avoid delay and disturbance and from the other sector of the society.
Transportation Services Companies
Three major kinds of services companies are?
- Government Parcel Post
- Private Parcel (UPS)
- Express (FedEx) and LBC
are the documents sent in the custody of the local or national level to avoid loss and delay of delivery.
Government Parcel Post
placing goods in sturdy containers that can be loaded safely on trains, trucks, ships, or planes.
Containerization
specialized firms consolidate small and distinct shipments (less than 500 lbs. each) from several companies and organizations. They pick up merchandise, finished goods and arrange for delivery at buyer’s door and custody.
Freight Forwarding
Four Types of Transportation Firms
- Common Carriers
- Contact Carriers
- Exempt Carriers
- Private Carriers
transport the goods of any firm (normally the private individual) or individual interested in their services to properly transfer the goods.
Common Carriers
they are not required to maintain fixed route or schedules and rates may be negotiated according to their agreement prior to the delivery.
Contract Carriers
excused from legality and must only comply with safety requirement.
Exempt Carriers
shippers used their own facilities, subject to safety rules and regulations from the local or national regulations.
Private Carriers