Question

What are the components of physical distribution.

पर्याय

• Processing of order

• Transportation of products

• Warehousing

• All of the above

Answer 1

All of the above

Explanation - 

Physical distribution consists of the following elements: -

1. Order Processing: Order processing involves a variety of phases, including order placement, transmission of the order to the manufacturer via intermediaries, inventory management according to requirements, and delivery of goods. Because all of these operations require time, a physical distribution system should be designed to ensure that orders are processed quickly and correctly..
2. Transportation of Products: Transportation of products refers to the physical transfer of items from their manufacturing location to their consumption location. The items must be carried from the point of production to the point of consumption in order to be physically available to the customers.
3. Warehousing: Warehousing is the process of storing finished items prior to their final sale. If a corporation has a bigger number of warehouses, it will be able to quickly deliver items to diverse places on time. However, warehouse maintenance comes at a price. As a result, a corporation must analyse the respective benefits and expenses of warehousing and strike a balance between the two as needed.