ADM 2320 Chapter Notes - Chapter 12: Radio-Frequency Identification, Electronic Data Interchange, Lead Time
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7 Dec 2013
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Distribution channels, supply chain, and logistics are related. Distribution channel: the institutions that transfer the ownership of and move goods from the point of production to the point of consumption. Wholesalers: those firms engaged in buying, taking title ii, often storing, and it physically handling goods in large quantities, and then reselling the goods (usually in smaller quantities) to retailers or industrial or business users. Buying: purchase goods for resale to other intermediaries or consumers. Risk taking: ownership of inventory that can become outdated. Physical distribution: transport goods to point of purchase. Gather information: share competitive intelligence about customers or other channel members. Financing: extend credit and other financial services to consumers. Allows manufacturers to deal directly with consumers. Some companies may be forced to distribute their goods directly because they are unable to secure shelf space in retail outlets. One or more intermediaries work with manufactures to provide goods and services to consumers.