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11 Cards in this Set

  • Front
  • Back
supply chain
companies that engage in activities necessary to turn raw materials into a good or service
supply chain management
management of flows among companies in the supply chain to maximise total profitability
channel of distribution
series of companies that facilitates the movement of a product from the producer to the final customer
channel intermediaries
companies (retailers) who help move a product from the producer to the customer.
bulk breaking
dividing larger quantities of goods into smaller lots in order to meet the needs of buyers.
creating assortments
providing a variety of products in one location to meet the needs of buyers
disintermediation
elimination of some layers of the channel of distribution in order to cut costs and improve the efficiency of the channel
knowledge management
comprehensive approach to collecting, organizing, storing and retrieving information about companies supply chain
wholesaling intermediaries
companies that handle the flow of products from the manufacturer to the retailer
independent intermediaries
channel intermediaries that are not controlled by any manufacturer but instead do business with any different manufacturers
merchant wholesalers
intermediaries that buy goods from manufacturers and sell them to retailers and other customers