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