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Questions and Answers
What is the term for the costs associated with shipping, receiving, and warehousing a product?
What is the term for the costs associated with shipping, receiving, and warehousing a product?
- Sortation costs
- Handling costs
- Inventory costs
- Landed costs (correct)
Which term refers to the elimination of intermediaries in a supply chain?
Which term refers to the elimination of intermediaries in a supply chain?
- Intermediary optimization
- Supply chain bypass
- Disintermediation (correct)
- Middleman reduction
What is the term for the process of delaying product customization until the product is closer to the customer?
What is the term for the process of delaying product customization until the product is closer to the customer?
- Procrastination
- Customization deferral
- Delay optimization
- Postponement (correct)
What is the term for the range of activities involved in the movement and storage of products from raw materials to end customers?
What is the term for the range of activities involved in the movement and storage of products from raw materials to end customers?
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What is the term for the process of combining two or more brands in the same product or service?
What is the term for the process of combining two or more brands in the same product or service?
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