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प्रश्न
What are the the major activities involved in the physical distribution of products.
विकल्प
Processing of order
Transportation of products
Warehousing
All of the above
MCQ
उत्तर
All of the above
Explanation -
Physical distribution of products refers to the physical transportation of goods from the point of manufacture to the point of consumption. It entails the four major' actions listed below.
- Processing of Order: Processing of order and delivery of goods is the most important component of buyer-seller relationship. Processing of order comprises of a number of a steps such as placement of order,. transmission of the order by the intermediaries to the manufacturer, maintenance of inventory as per the requirement, delivery of goods, etc. All such processes take time. Physical distribution system should be such that it should ensure speedy and proper order processing.
- Transportation of Products: Transportation of products refers to the physical movement of goods from the place where they are manufactured to the place where they are consumed.
- Warehousing: There is a time lag between the act of manufacturing and the act of sale or consumption in most cases. This indicates that the merchandise must be carefully stored and sorted prior to the sale. Warehousing is the term for the process of storing and sorting products.
- Inventory Management: Inventory management entails keeping a product stock. The businesses keep inventory to ensure that things are delivered on schedule. Customer service and inventory are inextricably linked.
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Concept of Physical Distribution
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