Supply Chain and Distribution Concepts

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

• Distribution

• Distribution Channel

• Warehousing Industry

• Suppy Chain

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

• Transportation

• Distribution

• Distribution Channel

• Supply Chain

The producer of finished products

• Manufacturer

• Wholesaler

• Retailer

• Customer

Buys large quantities of products directly from manufacturer

• Reseller

• Retailer

• Wholesaler

• Miner

A specific path that products travel from manufacturer to customer

• Logistics

• Distribution Channel

• Transportation

• Funneling

What do fulfillment centers do?

• Strategically store a company's products so that the product can be picked up by the customer

• Strategically store a company's products so

  • that the product can be quickly picked up and sent out

• Store products indefinitely but have slow shipping times

• Temporarily store products for retail stores

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

• Supply

• Demand

• Warehousing

• Distribution

FIFO stands for

• For Instance,
  First Out

• First In First out

• Final Invoice
  For Outbound

• First In
  Final out

Which of the following terms best describes a grower of potatoes?

• Manufacturer

• Wholesaler

• Distribution Center

• Retailer

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

• wholesaler

• intermediary

• retailer

• manufacturer