Supply Chain and Distribution Concepts

Front

A system of people, buildings, organizations, information and resources that works together to meet and anticipate customer's needs.

Back

Supply Chain

Front

All the activities associated with the movement of material, from manufacturer to customer

Back

Distribution

Front

The producer of finished products

Back

Manufacturer

Front

Buys large quantities of products directly from manufacturer

Back

Wholesaler

Front

A specific path that products travel from manufacturer to customer

Back

Distribution Channel

Front

What do fulfillment centers do?

Back

Strategically store a company's products so that the product can be quickly picked up and sent out.

Front

All activities involved in storing merchandise and getting it ready to be shipped to stores or directly to customers

Back

Warehousing

Front

FIFO stands for

Back

First In First out

Front

Which of the following terms best describes a grower of potatoes? Manufacturer, Wholesaler, Distribution Center, Retailer

Back

Manufacturer

Front

A business that moves goods from one business to another. It buys goods, stores them, and then resells them is called:

Back

intermediary