Podcast
Questions and Answers
Which component of physical distribution involves the process of moving customer orders through multiple channels?
Which component of physical distribution involves the process of moving customer orders through multiple channels?
- Order processing (correct)
- Material Handling
- Warehousing
- Inventory Control
What are some sub-functions of order processing according to Dr. Manjari?
What are some sub-functions of order processing according to Dr. Manjari?
- Dues collection (correct)
- Quality control
- Stocking
- Dispatching
What is the primary concern of the business in relation to order processing?
What is the primary concern of the business in relation to order processing?
- Improving transportation efficiency
- Achieving customer service goals (correct)
- Optimizing material handling
- Reducing warehouse costs
What is the main objective of having suitable inventory policies in physical distribution?
What is the main objective of having suitable inventory policies in physical distribution?
What is the potential consequence of not having enough inventories on hand in physical distribution?
What is the potential consequence of not having enough inventories on hand in physical distribution?
Which component of physical distribution involves the trade-off between excess inventory costs and not satisfying customer demand?
Which component of physical distribution involves the trade-off between excess inventory costs and not satisfying customer demand?
What is one way companies assist their channel partners in rationalizing transaction processes?
What is one way companies assist their channel partners in rationalizing transaction processes?
Which factor influences the service level provided by companies to their channel partners?
Which factor influences the service level provided by companies to their channel partners?
What is the significance of 'desired lot size' in service outputs according to Dr. Manjari?
What is the significance of 'desired lot size' in service outputs according to Dr. Manjari?
Customers increasingly prefer faster delivery channels due to which service output?
Customers increasingly prefer faster delivery channels due to which service output?
Why do companies need to identify service outputs for each segment of target buyers?
Why do companies need to identify service outputs for each segment of target buyers?
According to Dr. Manjari, what decides the service level provided by companies?
According to Dr. Manjari, what decides the service level provided by companies?
What is the task called when goods are kept collected in stock to supply them at the right time and place to customers?
What is the task called when goods are kept collected in stock to supply them at the right time and place to customers?
What does Economic Order Quantity (EOQ) focus on?
What does Economic Order Quantity (EOQ) focus on?
Why is having both short stock and large stock dangerous for a company?
Why is having both short stock and large stock dangerous for a company?
What is the purpose of Safety Stock in inventory management?
What is the purpose of Safety Stock in inventory management?
In ABC analysis of inventory management, which group includes costly goods?
In ABC analysis of inventory management, which group includes costly goods?
'Just in Time' (JIT) method of inventory control focuses on what principle?
'Just in Time' (JIT) method of inventory control focuses on what principle?
In the context of distribution channel transaction flows, what is the role of channel members in negotiation?
In the context of distribution channel transaction flows, what is the role of channel members in negotiation?
How have channel members expanded their order management capabilities with the advancement of technology?
How have channel members expanded their order management capabilities with the advancement of technology?
What is the function of financial management software mentioned in the text in relation to payment flow?
What is the function of financial management software mentioned in the text in relation to payment flow?
How have many companies streamlined the transaction functions involved in channel stock replenishment?
How have many companies streamlined the transaction functions involved in channel stock replenishment?
Which entity is often involved in facilitating channel payment flows according to the text?
Which entity is often involved in facilitating channel payment flows according to the text?
How do channel members contribute to the ordering flow in the supply chain?
How do channel members contribute to the ordering flow in the supply chain?
What is the primary difference between merchant wholesalers and consignment selling?
What is the primary difference between merchant wholesalers and consignment selling?
What are some risks associated with companies in the supply chain taking ownership of goods?
What are some risks associated with companies in the supply chain taking ownership of goods?
How can channel members mitigate risks associated with holding excess inventory in the supply chain?
How can channel members mitigate risks associated with holding excess inventory in the supply chain?
What is involved in the transfer of ownership of goods between businesses in the supply chain?
What is involved in the transfer of ownership of goods between businesses in the supply chain?
Which strategy aims to reduce the number and quantities of SKUs in the supply channel?
Which strategy aims to reduce the number and quantities of SKUs in the supply channel?
What is a key role that channel members take on regarding product satisfaction?
What is a key role that channel members take on regarding product satisfaction?
