BUISENESS MANAGEMENT
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Physical Distribution
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Industrial Distribution
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Either A or B
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None of the above
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Detailed explanation-1: -Storage, warehousing and materials handling. Packaging and unitisation. Inventory. Transport.
Detailed explanation-2: -Physical distribution in supply chain management deals with the series of actions that moves final products from production to the consumer. The channels involved include warehousing, inventory control, order processing, materials handling, transportation, and customer service.
Detailed explanation-3: -A major focus of logistics is physical distribution or marketing logistics, the tasks involved in planning, implementing, and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption to meet customer requirements at a profit.