Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
Bartleby Related Questions Icon

Related questions

Q: Do you feel that channels of distribution and physical distribution management are sufficiently…
A: The structured coordination of procedures necessary to transport goods or services from the point of…
Q: Why do customers expect more choice and flexibility as to how products and services are made…
A: In the contemporary business environment, there has been a substantial evolution in customer…
Q: What are marketing channels? Briefly explain some of the different types of intermediaries.
A: Marketing channels, which are alternatively referred to as trade channels or distribution channels,…
Q: 3. Give examples of distribution channels used in the hospitality industry.
A: The distribution channels are the intermediaries who acts as the middlemen between the manufacturers…
Q: Explain how supply chain management promotes channel participants' partnership.
A: The control of the movement of goods and services, along with the shipment of raw materials for…
Q: The two types of distribution channels are: Group of answer choices industrial and consumer…
A: There are various business organizations and marketing organizations in the world these days. They…
Q: answer the following based on the company above: Marketing Mix Issues in Channel Management 1.What…
A: Marketing Mix Issues in Channel Management:a) Products: One potential issue that SPA Alhambra may…
Q: Short answers are better for me. Thank you have a nice day.
A: Client benefit is the degree how coordination is making the time and put utility for a product. The…
Q: discuss the significance of an efficient distribution channel in reaching target markets.
A: A marketing channel is an alliance of individuals, institutions, and initiatives that facilitates…
Question
Explain the impact of streamlined distribution in different networks. (Please refer to the given lesson)
Streamlining distribution entails making optimum use of all technologies used in logistics and distribution centers' operations. It should be noted that the scope of logistics and distribution process planning is not confined to production, transportation, or distribution planning. It includes every aspect of the logistics and distribution process. Without a doubt, the activity of logistics and distribution centers has a significant impact on the entire logistic network (supply chain), hence their proper operation is critical. To improve the efficiency of logistics and distribution facilities, the criteria by which they are evaluated should be defined. ● Sales Planning - can be defined as the process of converting a demand forecast into a workable operational plan that producers and salespeople can use. This procedure may include production planning and/or supply chain optimization to determine the likelihood of meeting demand Stock planning - enables for the best volume and positioning of finished goods to fulfill end-user demand and service levels. Stock planning is used to calculate the ideal level of safety stocks at each location in principle. • Supply chain Planning - Based on multi-level sources and crucial commodities, supply chain planning compares demand forecasts with actual demand to generate a "master plan" (schedule). To synchronize and optimize production, distribution, and transportation, the master plan designed encompasses the points of production and distribution destinations. Production Planning - Production planning refers to the creation of a master plan for a single factory (producers). The master plan takes into account material availability, production capacity, demand, and other operational aspects. The production planning cycle is a complicated process that, in most cases, is viewed as the beginning of the logistics and distribution operations. When similar operations are viewed from the other perspective (i.e., semi-products and raw materials are required for the creation of certain products and are delivered to the factory), they represent the plant's final products and the end of one portion of the logistical chain. Distribution Planning - The formulation of a feasible and viable plan for delivering final products from producers to end users (through logistics and distribution centers, warehouses, or cross-docking) is referred to as distribution planning. The actual transportation costs and needs that represent single goods locations are used to design distribution. Transport Planning - For dispatch cost minimization, transportation planning employs current transport prices. Transport planning entails optimizing both the external and internal goods flow to reduce transportation costs and maximize fleet utilization. Allowing and performing collective (bundled) transit of commodities, as
expand button
Transcribed Image Text:Streamlining distribution entails making optimum use of all technologies used in logistics and distribution centers' operations. It should be noted that the scope of logistics and distribution process planning is not confined to production, transportation, or distribution planning. It includes every aspect of the logistics and distribution process. Without a doubt, the activity of logistics and distribution centers has a significant impact on the entire logistic network (supply chain), hence their proper operation is critical. To improve the efficiency of logistics and distribution facilities, the criteria by which they are evaluated should be defined. ● Sales Planning - can be defined as the process of converting a demand forecast into a workable operational plan that producers and salespeople can use. This procedure may include production planning and/or supply chain optimization to determine the likelihood of meeting demand Stock planning - enables for the best volume and positioning of finished goods to fulfill end-user demand and service levels. Stock planning is used to calculate the ideal level of safety stocks at each location in principle. • Supply chain Planning - Based on multi-level sources and crucial commodities, supply chain planning compares demand forecasts with actual demand to generate a "master plan" (schedule). To synchronize and optimize production, distribution, and transportation, the master plan designed encompasses the points of production and distribution destinations. Production Planning - Production planning refers to the creation of a master plan for a single factory (producers). The master plan takes into account material availability, production capacity, demand, and other operational aspects. The production planning cycle is a complicated process that, in most cases, is viewed as the beginning of the logistics and distribution operations. When similar operations are viewed from the other perspective (i.e., semi-products and raw materials are required for the creation of certain products and are delivered to the factory), they represent the plant's final products and the end of one portion of the logistical chain. Distribution Planning - The formulation of a feasible and viable plan for delivering final products from producers to end users (through logistics and distribution centers, warehouses, or cross-docking) is referred to as distribution planning. The actual transportation costs and needs that represent single goods locations are used to design distribution. Transport Planning - For dispatch cost minimization, transportation planning employs current transport prices. Transport planning entails optimizing both the external and internal goods flow to reduce transportation costs and maximize fleet utilization. Allowing and performing collective (bundled) transit of commodities, as
Expert Solution
Check Mark
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
See solutionCheck out a sample Q&A here
Step 1
VIEW
Step 2
VIEW
bartleby

Step by stepSolved in 2 steps

See solution
Check out a sample Q&A here
Blurred answer
Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
Text book image
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Text book image
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Text book image
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Text book image
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Text book image
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Text book image
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON
SEE MORE TEXTBOOKS