click below
click below
Normal Size Small Size show me how
Distribution
Term | Definition |
---|---|
Agent | business unit that negotiates purchases, sales, or both but does not take title to the goods in which it deals |
Channel of Distribution | an organized network of agencies and institutions that perform all the functions required to link producers with cutomers |
Distribution Center | a facility for the receipt, storage, and redistribution of goods to company stores or to customers |
E Marketplace | an internet location owned by a company or consortium which allows other companies or individuals to get new suppliers or buyers for their products |
Exclusive Distribution | a form of market coverage in which a product is distributed through one particular wholesaler or retailer in a given market area |
Indirect Distribution | a channel whereby goods and services are sold indirectly from producer through independent middlemen to final users |
Intensive Distribution | a form of market coverage in which a product is distributed through all available wholesalers or retailers who stock and sell the product in a given market area |
Inventory | goods or merchandise available for resale |
Inventory Turnover | the number of times average inventory is sold during a specified time period |
Physical Distribution | a concept or approach to managing the finished goods inventory of the firm |
Rack Jobbers | a wholesale middleman operating principally in the food trade, supplying certain classes of merchandise that do not fit into the regular routine of food store merchandise resource contacts |
Retailers | a merchant middleman who is engaged primarily in selling to ultimate consumers |
Selective Distribution | a form of market coverage in which a product is distributed through a limited number of wholesalers or retailers in a given market area |
Wholesalers | a merchant establishment operated by a concern that is primarily engaged in buying and reselling the goods to retailers |
Intermediary | when products and services pass through multiple organizations before they get to the customer |