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Which of the following methods helps speed up distribution of goods?
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∙ 12y ago
Standardization
Wiki User
∙ 12y ago
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Explain the role and importance of distribution channels and just in time management?
Distribution is how goods and services actually get from the producer to the final user. In a business plan it is commonly known as the distribution channel and physical distribution. The distribution channel is the legal or contractual elements of how a product or service gets from production to the end user. A distribution channel is important for understanding the logistics of the business. It helps in the managing, planning, procurement, transporting, and storage of products. Just-in-time managment is having the products available for display and sale shortly before they're required. This helps reduce storage costs.
What is the Wholesaler function?
what are the functions of the retailer and wholesaler in the distribution of goods and servicesAnswerFUNCTIONS OF A WHOLESALERThe primary functions performed by the wholesalers are as follows:i. He assembles varieties of goods from different producers. In case of agricultural goods, he collects small quantities of goods from numerous small-scale producers and store in his godown.ii. He stores the assembled goods in proper warehouse till the goods are sold. Warehousing or storing of goods fills up the time gap between the production and consumption.iii. He distributes the assembled goods to the retailer or to the consumer directly. He thus helps in the dispersion process of marketing.iv. He helps in the transportation of goods form the place of production to his godown and to the retailer.v. He provides financial assistance to the retailers by supplying products on credit.vi. He helps in proper grading of goods as per quality, size and colour.vii. He involves all the risks associated with the ownership as he makes bulk purchases and makes arrangement for assembling and warehousing.FUNCTIONS OF A RETAILERRetailers perform a number of functions. These are:· The retailer buys a variety of products from the wholesaler or a number of wholesalers. He thus performs two functions like buying of goods and assembling of goods.· The retailer performs storing function by stocking the goods for a consumer.· He develops personal contact with the consumers and gives them goods on credit.· He bears the risks in connection with Physical Spoilage of goods and fall in price. Besides he bears risks on account of fire, theft, deterioration in the quality and spoilage of goods.· He resorts to standardization and grading of goods in such a way that these are accepted by the customers.· He makes arrangement for delivery of goods and supply valuable market information to both wholesaler and the consumer.
What are some examples of selective and exclusive distribution?
selective distribution is used with "hard products" like furniture and stereos for instances. granting more rights to the producer exclusive distribution is used for expensive or upscale products like cars or jewelery. Granting more rights to the distributor. Hope this helps.
What is the Importance of warehousing?
warehouse izs avjbndbnvdvbdajvfaa• Warehousing is helpful in storing goods after the demand is less than the supply along with helps you release goods when the interest exceeds the immediate production. This feature of warehousing is helpful in regulating supply of goods and also stabilizing prices by harmonizing demand with give. • Warehousing is helpful in safe and even secure supervision of goods. This enables those businessmen to curtail various risks like the loss, fire, theft, and damage of goods. In addition, goods in a warehouse are usually covered by insurance. • Warehousing avails for you the comforts for processing, blending, packing, grading etc, of goods to get sale. The potential buyers can also do an inspection of the goods stored at a warehouse.egbn
What is the importance transportation in marketing?
Transportation is the means to carry people and goods from one place to another. This has become very important in each stage of human civilization. If the present means of transportation were not developed, situation of the world would be totally different. Transportation has contributed much to the development of economic, social, political and cultural fields and uplifting their condition. Speedy industrialization is impossible without development of transportation. It is unavoidably necessary to promote transport system for the proper development of agricultural sector and rural areas. Without development of transportation neither mass production nor distribution is possible.Transportation helps in mass production. Whether it is to purchase and bring raw materials or it is to distribute finished goods, one or the other means of transport is necessary. This expands old markets and creates new ones. As a result, demands for goods increases and production should also be increased. The contribution of transportation is very important to transport commodities to nooks and crannies of the world in a little time. If the development of transportation was not made, market would be limited in local areas and production would be limited to meet local needs only. As a result, economy of each country would remain in undeveloped condition.Transportation helps much to the development of different industries, which produce perishable goods, such as fisheries, poultry firms, horticulture, dairy etc. Transport carries the perishable goods produced by such industries to the consumers living in different distant places in time. Otherwise such products would not be possible to supply to the consumers.The role and contribution of transportation is very important in marketing. The functions of transport in marketing can be discussed as follows:1. Physical Supply Of ProductsTransportation carries necessary raw materials to factory for production of goods and supplies finished goods to consumers. It creates place and time utility of goods by transporting from one place to another. It easily carries finished to the hands of those who need and use them. This significantly increases aggregate sales of goods. In fact, transport is such a key of marketing, which helps in carrying goods to the scattered consumers in different places, narrows the gap between producers and consumers and facilitates to distribute goods to the consumers at minimum cost and time.2. SpecializationTransportation facility encourages division of labor and specialization on geographical or regional basis. Transportation cost highly affects localization of industries. Production of goods may center at such place where the environment is the best and production cost is minimum. This makes maximum utilization of local resources possible, which is both economically and socially necessary.3. Mobility Of Labor And CapitalTransportation facility provides mobility to labor and capital. If more labor force is available at any place, transport helps to carry it economically to necessary place. The means of transport carry labors from one place to another. This encourages labor and capital to use and invest in more productive sectors.4. Stabilization In PriceTransportation helps to bring stability in price of different products. It transports goods from more supplied places to scarcely supplied areas. This establishes coordination between demand and supply, and brings stability in prices. It helps to supply necessary goods regularly to the consumers. Besides this, consumers get necessary goods at lower prices, because it encourages competition among producers and makes mass production at lower cost possible.5. Other ImportanceBeside economic importance, transportation has also social, political and cultural importance. It establishes social and utility by narrowing geographical distance. It consolidates social and cultural utility and strengthens national integration. It helps to establish relationship with foreign countries. Transportation also helps widen knowledge and skill in different sectors. In this way, it helps establish social utility, uniformity and integrity and strengthens national security.So, transportation plays an important role in physical distribution system. It has also an important role in marketing function. In the lack of transportation, neither mass production nor distribution is possible. Transportation is important in social, economic, political and cultural aspects.
What following methods helps speed up the distribution of goods?
standardization
What methods helps speed up the distribution of goods?
standardization
Define economics using the following terms allocation distribution goods resources production and services?
I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.
What helps speed up the distribution of goods?
A) touch typing b) assembly line c) ripple effect d) standardization
What are the advantages of traditional education?
It helps in the following methods- face to face interaction increases understanding capability increases memory power
Explain the role and importance of distribution channels and just in time management?
Distribution is how goods and services actually get from the producer to the final user. In a business plan it is commonly known as the distribution channel and physical distribution. The distribution channel is the legal or contractual elements of how a product or service gets from production to the end user. A distribution channel is important for understanding the logistics of the business. It helps in the managing, planning, procurement, transporting, and storage of products. Just-in-time managment is having the products available for display and sale shortly before they're required. This helps reduce storage costs.
How do countries respond to the unequal distribution of resources?
The science of economics helps countries cope with the unequal distribution and scarcity of resources.
How do countries respond to unequal distribution of resources?
The science of Economics helps countries cope with the unequal distribution and scarcity of resources.
Which of the following statements best explains how using a production possibilities frontier helps setup efficient production?
A PPF shows the maximum amount of goods that can be produced with a given set of inputs
What is an industry that helps people but does not produse goods?
Healthcare -- if you don't consider good health 'goods.'
What does delivery instructions mean?
It means 1 being delivered 2 a periodical distribution of lettersor goods etc 3 the manner of delivering a speech 4 the manner of bowling or sending a ball in cricket etc I hope this helps you
What are the uses of statistics in accountancy?
statistic in accountancy helps in knowing the financial position of the business...it also helps in knowing the amount of goods sold ,purchase of the goods and profits of the company...
