Podcast
Questions and Answers
What are distribution channels also known as?
What are distribution channels also known as?
- Consumer routes
- Pathways of movement (correct)
- Marketing roads
- Sales paths
Why is proper channel management crucial?
Why is proper channel management crucial?
- To increase production costs
- To optimize product distribution (correct)
- To decrease accessibility
- To limit customer experience
What does vendor management involve?
What does vendor management involve?
- Coordination with suppliers or vendors (correct)
- Market research and analysis
- Management of product development
- Oversight of relationships with customers
Which step comes after selecting vendors in the vendor management process?
Which step comes after selecting vendors in the vendor management process?
What is the purpose of continuous monitoring of vendor performance?
What is the purpose of continuous monitoring of vendor performance?
Why is contract negotiation an important step in vendor management?
Why is contract negotiation an important step in vendor management?
What is the purpose of accessory equipment in production processes?
What is the purpose of accessory equipment in production processes?
Which of the following is an example of component parts in manufacturing?
Which of the following is an example of component parts in manufacturing?
Process materials are different from component parts because:
Process materials are different from component parts because:
What is the main distinction between supplies and accessory equipment?
What is the main distinction between supplies and accessory equipment?
Which type of equipment includes large tools and machines used for production purposes?
Which type of equipment includes large tools and machines used for production purposes?
In manufacturing, which category does yarn woven into cloth fall under?
In manufacturing, which category does yarn woven into cloth fall under?
What is the main function of wholesalers in the supply chain process?
What is the main function of wholesalers in the supply chain process?
Which type of businesses are the primary customers of wholesalers?
Which type of businesses are the primary customers of wholesalers?
In the supply chain, what is the primary focus of retailing?
In the supply chain, what is the primary focus of retailing?
What differentiates retailing from wholesaling in the supply chain process?
What differentiates retailing from wholesaling in the supply chain process?
Which activity is NOT typically associated with wholesaling in the supply chain?
Which activity is NOT typically associated with wholesaling in the supply chain?
What role do wholesalers play in connecting manufacturers with retailers in the supply chain?
What role do wholesalers play in connecting manufacturers with retailers in the supply chain?