Distribution Policies & Retailing Concepts

<p>Enhanced product visibility in all markets (D)</p> Signup and view all the answers

<p>Why (C)</p> Signup and view all the answers

<p>Economies of scale (B)</p> Signup and view all the answers

<p>Increased operating costs (B)</p> Signup and view all the answers

<p>Immediate reshipping of products (B)</p> Signup and view all the answers

<p>Optimization of storage and order preparation (D)</p> Signup and view all the answers

<p>Multiple local or regional warehouses (D)</p> Signup and view all the answers

<p>Emphasizing couture and fashionable pieces (B)</p> Signup and view all the answers

<p>It manages the flow of products and information from production to consumers. (C)</p> Signup and view all the answers

<p>Increased stock in basic apparel (C)</p> Signup and view all the answers

<p>Optimized shipments become difficult (D)</p> Signup and view all the answers

<p>Pop-up store (A)</p> Signup and view all the answers

<p>Budget-conscious consumers (B)</p> Signup and view all the answers

<p>Higher price points for exclusivity (D)</p> Signup and view all the answers

<p>Ability to meet diverse consumer needs (D)</p> Signup and view all the answers

<p>Focus on unique and fashionable pieces (D)</p> Signup and view all the answers

<p>Niche targeting with fewer but higher quality items (C)</p> Signup and view all the answers

<p>Athleisure (A)</p> Signup and view all the answers

<p>Comfort is essential in consumers' choice of everyday clothing. (A)</p> Signup and view all the answers

<p>$500 billion (A)</p> Signup and view all the answers

<p>Economic and environmental considerations (B)</p> Signup and view all the answers

<p>Smart clothing (C)</p> Signup and view all the answers

<p>Reduces delivery times directly to customers (A)</p> Signup and view all the answers

<p>Delivery from the distribution center to the end consumer (A)</p> Signup and view all the answers

<p>Improving route optimization and reducing operational costs (C)</p> Signup and view all the answers

<p>Involves a network of wholesalers and retailers (A)</p> Signup and view all the answers

<p>It addresses the most expensive and complex part of distribution (C)</p> Signup and view all the answers

<p>Predictive Analytics (C)</p> Signup and view all the answers

<p>Reduces operational costs and improves efficiency (A)</p> Signup and view all the answers

<p>To automate the movement of products within warehouses (D)</p> Signup and view all the answers

<p>It can manage inventory levels in real time. (C)</p> Signup and view all the answers

<p>By optimizing orders based on historical data. (B)</p> Signup and view all the answers

<p>The ability to analyze customer purchase patterns. (C)</p> Signup and view all the answers

<p>It helps in reducing stockouts and overstock situations. (D)</p> Signup and view all the answers

<p>AI systems can become too complex for easy adjustment. (B)</p> Signup and view all the answers

<p>It identifies trends and patterns in inventory depletion. (B)</p> Signup and view all the answers

<p>Making budgetary decisions. (C)</p> Signup and view all the answers

<p>Reduction in manual counting processes. (A)</p> Signup and view all the answers

Making a product available to the end consumer through a sales network.

Creates value for consumers by facilitating product access & optimizing business efficiency.

Connects product producers with consumers, often via intermediaries (wholesalers, retailers).

Enables reaching new locations and customer groups.

Efficient distribution channels reduce transport, storage, and distribution costs.

A strategy where most inventory is kept in one or a few large, central warehouses. This allows for economies of scale and efficient management but may have longer delivery times.

A strategy where inventory is spread across multiple smaller warehouses located closer to customers. This reduces delivery times but increases operating costs.

A method where goods are received from suppliers and immediately shipped to customers without being stored. This eliminates storage costs and speeds up delivery.

Warehouses that utilize robots and automated systems to optimize storage, retrieval, and order preparation. This improves efficiency and accuracy.

The cost advantage that comes from producing a large quantity of goods. This can be achieved by using centralized warehousing.

A major event showcasing the latest fashion trends, attracting designers, buyers, and media.

High-end, custom-made clothing designed and created by a fashion house.

The process of managing the flow of products, information, and services from production to the consumer.

The coordinated efforts of all parties involved in the movement of goods from raw materials to the end consumer.

Logistics ensures efficient movement of goods, manages inventory, and optimizes distribution channels.

A business that sells products to consumers, often a store.

A temporary retail location, often used for promotional purposes or new product launches.

Increasing the inventory of basic items to meet higher demand while focusing on couture for special occasions.

Reducing the number and frequency of shipments to manage high logistics costs.

Offering a variety of styles and products to cater to different tastes and preferences.

Goods or services customized to meet individual consumer needs and preferences. They are tailored to specific tastes and requirements.

Consumers seek comfortable and practical clothing for everyday use, prioritizing ease of wear and functionality over trends.

The growing popularity of wearing sportswear, like athletic shoes and trackpants, outside of the gym.

Consumers are increasingly drawn to pre-owned clothing for reasons like affordability, sustainability, and unique style.

Garments integrated with technology for performance or well-being improvements, like fitness tracking or temperature regulation.

Sending products straight from the warehouse to the customer, often used by online stores.

Products go through a network of businesses (like wholesalers and retailers) before reaching the customer.

The final stage of delivery, from the distribution center to your home or business.

Using technology like robots and efficient route planning to get products to customers faster.

Using data to anticipate demand and adjust inventory levels and delivery routes.

Improving inventory management, delivery routes, and operational costs using data analysis.

Data and AI are revolutionizing logistics by improving predictions, optimizing operations, and reducing costs.

Using robots and efficient logistics to fulfill orders quickly and minimize storage costs.

Artificial Intelligence (AI) can automate inventory levels, predict future needs, and optimize orders.

AI can monitor inventory levels in real-time, adjusting orders and replenishments as needed.

AI can analyze historical data and predict future demand, allowing for proactive ordering and avoiding stockouts.

AI optimizes the quantity and timing of orders to minimize costs and ensure timely delivery.

AI automatically adjusts inventory levels based on changing demand and supply.

AI utilizes historical data and machine learning algorithms to predict future demand.

AI can help prevent stockouts by accurately forecasting demand and ensuring adequate inventory levels.

AI improves efficiency and cost-effectiveness throughout the supply chain by optimizing inventory management.