A current emphasis in
Question 1
A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic data and inventory systems that are called:
- quick response and efficient consumer response delivery systems
- minimum-inventory systems
- Web-based response systems
- order replenishment systems
- speedy systems
Question 2
Which of the following is FALSE concerning channel members:
- An agent, e.g., a Manufacturer’s Representative, does not take physical possession of the product being sold.
- There are two kinds of Merchant Wholesalers: Distributors and Jobbers.
- Distributors and jobbers are considered part of a vertically-integrated channel.
- The main difference between a Manufacturer’s Sales Branch and a Manufacturer’s Sales Office is that the sales branch carries inventory.
- A distributor is a full-function wholesaler.
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