Exam 16: Wholesaling and Physical Distribution

Jeff Beauseigneur wants to open a convenience store in Kingsville. What kind of wholesaler should he Contact for the chewing gum, tobacco products, candy bars, and other snack foods he will sell in his Store?

A drop shipper will most likely be used by a producer-supplier that is marketing:

CDW typically sells electronic equipment and has a $130 million inventory on hand at any time. CDW Has a 450,000-square-foot _____, which contains a fully integrated system for the flow of products- Taking orders, filling them, and preparing them for delivery to customers nationwide.

Wholesaling includes:

The main function of freight forwarders is to:

Apparel manufacturers manage inventories that move from raw materials to subassemblies to finished Goods, and from suppliers to subcontractors to final assembly to warehouse to retail outlet. Apparel Manufacturers not only need to track each component and finished product alike, but also they must Know what is pre-sold, on backorder, shipped, available to ship, and in retail inventory. Meanwhile,Apparel manufacturers also want to be able to identify garments by name, descriptor, style, size, and color Variations. _____ would be an effective tool for managing this inventory.

Why is the total sales volume of wholesale trade always greater than the total volume of retail sales (even Though retail prices are generally higher than wholesale prices)?

The order processing subsystem of physical distribution management includes:

By its nature, fashion dictates that suppliers and retailers identify what's hot so it can be ordered quickly And what's not to avoid markdowns. Saks Fifth Avenue is one retailer that uses _____. All Saks stores Have a point-of-scale scanner system that record each day's sales. When inventory falls below a minimum Level, orders are placed with vendors of fashion merchandise.

The central idea of the _____ is that expected or actual purchases by final customers, those who intend to Consume the product, should activate a process to produce and deliver replacement items.

The Manitoba Goatmilk Cooperative uses a _____ because it needs a temperature-controlled facility, and The cooperative only wants to pay for the space they use when they need it.

Physical distribution:

By shipping carpeting from where it is made in north Georgia to building supply stores in Nebraska, Physical distribution managers create:

The Alabama Paper Company serves business customers throughout Alabama. It has a diverse product Line with over 5,000 different paper-related items. It performs a wide-range of services for its customers Including financing, risk taking, inventory management, and physical distribution. Alabama Paper is an Example of a:

A _____ _____ is a specialized marketing institution serving firms that ship in less-than-carload and less-than-truckload quantities.

Containerization:

Which of the following statements about the economic justification for wholesaling is True?

Piggyback and fishyback services are examples of _____ transportation.

Which of the following manufacturers would be most likely to use a manufacturers' agent to distribute its Product?

In inventory control, the economic order quantity (EOQ):