BUS 343 Chapter Notes - Chapter 12: Disintermediation, Insourcing, Home Hardware

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 343
• Professor: Jason Ho

Document Summary

Supply chain: all the activities necessary to turn raw materials into a good or service and put it in the hands of the consumer or business customers. Spcmangement: management of glows among firms in the supply chain to maximize total profitability. Insourcing: a practice in which a company contracts with a specialist firm to handle all or part of its supply chain operations. Channel of distribution: the series of firms or individuals that facilitates the movement of a product from the producer to the final customer: distribution channels: get it there o of buyers. Reduce the # of transactions necessary for goods to flow from a large # of manufacturers: bulk breaking: dividing larger quantities of goods into smaller lots to meet the needs of buyers. Creating assortments: providing a variety of products in one location to meet the needs. Facilitating functions: functions of channel intermediaries that make the purchase process easier for customers and manufacturers: ex.