What is the role of physical distribution?
Physical distribution includes all the activities associated with the supply of finished product at every step, from the production line to the consumers. Important physical distribution functions include customer service, order processing, inventory control, transportation and logistics, and packaging and materials.
What is the role of physical distribution to the marketing process Why?
Explanation: Physical distribution is an important marketing function describing the marketing activities relating to the flow of raw materials from the suppliers to the factory and the movement of finished goods from the end of production line to the final consumer or user.
Is physical distribution the same with logistics?
Physical distribution indicates a broader concept that includes both inbound and outbound movement whereas business logistics involves both physical supply and physical distribution. Utilities of time and place are usually considered as physical distribution or logistics activities.
What are the types of physical distribution?
The Types of Physical Distributions
- Supplying Distribution. Supplying distribution is when businesses transport materials from supply to stock.
- Carriers.
- Intermodal Transportation.
- Cargo Planes.
- Sales and Distribution.
What is the purpose of physical distribution quizlet?
To maximise profits for the transport provider.
How many physical flows are in logistics?
There are Five major flows in any supply chain : product flow, financial flow, information flow, value flow & risk flow.
What are the main components of a physical distribution system?
The various elements of a physical distribution system are:
- Customer service:
- Order Processing:
- Inventory Control:
- Warehousing:
- Transportation Mode:
- Materials Handling:
What is another name for physical distribution?
Physical distribution, also known as ‘logistics’, consists of all activities involved in moving the right amount of the right product to the right place at the right time at the right price.
What are the two 2 types of physical distribution?
What is the impact of physical distribution and logistics?
Physical distribution and logistics are part of the ‘place’ element of the marketing mix and these have had a major impact on channel strategy and design. Effective management of physical distribution and logistics has a substantial impact on a company and its customers’ costs, efficiency and effectiveness.
What is the difference between distribution and logistics?
Physical distribution is part of a larger process called “distribution,” which includes wholesale and retail marketing, as well the physical movement of products. Logistics is coordinating the flow of goods, services, and information among members of the supply chain.
What are the functions of physical distribution?
Important physical distribution functions include customer service, order processing, inventory control, transportation and logistics, and packaging and materials. To unlock this lesson you must be a Study.com Member.
What is physical distribution in supply chain management?
According to Philip Kotler, physical distribution “involves planning, implementing and controlling the physical flows of materials and final goods from place of production to the place of end use to satisfy buyers’ needs.” Physical distribution is all about moving and storing the products and finally making them available to the consumers.