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Bcom MBM Year 2 S2

Marketing S2

QuestionAnswer
Define distribution management? Getting the right product to the right place in the right quantity with the right quality at the best possible price in order to present it to customers where they want when they want it.
Name the 6 elements of distribution. 1) Supply chain. 2) Value chain analysis. 3) Typical distribution channel. 4) Intermediaries. 5) Trends/Issues. 6) Distribution structure decisions.
What is a supply chain? The physical/financial + information networks that involve movement of materials, funds etc through the full logistics process from acquiring raw materials to the delivery of finished products. Includes: vendors/service providers/customers/intermediaries.
What is supply chain management? (SCM) The integration of the supplier/distributor + customer logistics requirements into one cohesive process to include demand planning, forecasting, materials requisition, order processing etc from acquisition of raw materials to delivery of finished products
Name the 6 primary supply chain decisions. Development. Planning. Sourcing. Transport logistics. Inventory. Production.
Name the 3 principles of SCM. Communication. Decision-making. Metrics and data collection.
Name the 3 "elements" of Communication under the 3 principles of SCM. Flexibility. Inventories. Customer service.
Name the 3 "elements" of Decision-making under the 3 principles of SCM. Strategic. Tactical. Operational.
Name the 7 "elements" of Metrics and data collection under the 3 principles of SCM. Functionality. Conformance. Reliability. Durability. Safety. Serviceability. Aesthetics.
Explain Communication under the 3 principles of SCM. Raw material to End-product flow is critical in SCM. The info flow that support this is the basis of success. Sharing of “demand data” between suppliers and producers.
Created by: AnDyEaTsYoUrToE
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