Supply Chain, Logistics
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Supply Chain | show 🗑
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show | The process of managing the aspects of the supply chain.
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show | An overarching system of formal and informal relationships within which the firm participates to procure, transform, and enhance, and ultimately supply its offerings in final form within a market space.
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Value Co-creation | show 🗑
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Network Organization (Virtual organization) | show 🗑
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show | Being in a position to be maximally flexible, adaptable, and speedy in response to the many key change drivers affecting business.
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show | A system of interdependent relationships among a set of organizations that facilitates the exchange process.
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Intermediaries | show 🗑
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show | Intermediaries who take title to the product during the exchange process.
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Agent Intermediaries | show 🗑
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show | A channel that has no intermediaries and operates strictly from producer to end-user consumer or business user.
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Indirect Channel | show 🗑
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show | he integrated process of moving input materials to the producer, in-process inventory through the firm, and finished goods out of the firm through the channel of distribution.
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show | A shipping method used by manufacturers to better match quantities needed in terms of the space constraints and inventory turnover requirements of their buyers.
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Accumulating Bulk | show 🗑
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show | The process of classifying products for sale through different channels.
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show | The process of accumulating products from several sources to then make those products available down the channel as a convenient assortment for consumers.
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Reducing Transactions | show 🗑
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Transportation and Storage | show 🗑
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show | Activities that help fulfill completed transactions and also maintain the viability of the channel relationships.
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Disintermediation | show 🗑
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show | Handing over one or more of its core internal functions, such as most or all of its supply chain activities, to other (third-party) companies that are experts in those areas allows the firm to better focus on its core business.
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show | Vertically aligned networks behaving and performing as a unified system.
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Corporate VMS | show 🗑
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Vertical Integration | show 🗑
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show | the binding of otherwise independent entities in the vertical marketing system legally through contractual agreements.
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Franchise Organization | show 🗑
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Retailer Cooperative | show 🗑
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Wholesaler cooperative | show 🗑
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Administered VMS | show 🗑
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show | The lead player in an administered Vertical marketing system
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Partner Relationship Management (PRM) Strategies | show 🗑
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show | Degree to which any member of a marketing channel can exercise influence over the other members of the channel. With the administered VMS, power can directly influence the relationships within the channel.
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Channel Conflict | show 🗑
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Coercive Power | show 🗑
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Reward Power | show 🗑
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show | Often, channel members adopt an approach of utilizing their unique competencies to influence others in the channel. This may take the form of sharing important product knowledge.
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Referent Power | show 🗑
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show | results from contracts such as franchise agreements or other formal agreements.
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show | The number of intermediaries involved in distributing the product.
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show | A distribution strategy designed to saturate every possible intermediary, especially retailers.
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show | Frequently purchased, relatively low-cost products that customers have little interest in seeking new information about or considering other product options.
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show | Goods whose sales rely on the consumer seeing the product, feeling an immediate want, and being able to purchase now.
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Shopping Goods | show 🗑
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Selective Distribution | show 🗑
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show | Distribution strategy built on prestige, scarcity, and premium pricing in which a producer only distributes its products to one or very few vendors.
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Outbound Logistics | show 🗑
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Inbound Logistics | show 🗑
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Reverse Logistics | show 🗑
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show | When an item is not in stock.
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Enterprise Resource Planning (ERP) Systems | show 🗑
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JIT Just in Time inventory control system | show 🗑
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Materials requirement planning (MRP) | show 🗑
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show | When a supplier creates a restrictive agreement that prohibits intermediaries that handle its product from selling competing firms’ products
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Exclusive territory | show 🗑
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show | A formal requirement by the seller of an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy.
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show | Any business activity that creates value in the delivery of goods and services to consumers for their personal, nonbusiness consumption and is an essential component of the supply chain.
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show | Any action that uses electronic media to communicate with customers; facilitate the inventory, exchange, and distribution of goods and services; or facilitate payment.
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Electronic Retailing (e-tailing or e-retailing) | show 🗑
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show | uses a variety of channels in a customer’s shopping experience, including research before a purchase. Such channels include physical stores, online stores, etc
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show | Websites that bring buyers and sellers together.
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show | are, as the name suggests, websites (often gated) where customers come to engage with other customers, the sponsoring firm, and others in the ecosystem to share ideas and collaborate on topics of mutual interest.
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Push strategy | show 🗑
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Pull strategy | show 🗑
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show | Extra incentives paid to wholesalers or retailers by the manufacturer for placing a particular product into inventory.
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show | Unique products in which consumers’ purchase decision is based on a defining characteristic.
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show | Entity that assists in the performance of distribution tasks other than buying, selling, and transferring title (examples include trucking companies, warehouses, importers, etc.).
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Created by:
mkale
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