REVIEW FOR DISTRIBUTION MANAGEMENT

1. Focused factories, with a concentration on fewer sources but necessitating longer transport journeys.

• TRUE
• False

2. __________ sourcing, emphasizing the move away from local or national sourcing. CAPITAL LETTER

3. Postponement, where the final configuration of a product is delayed to enable increased stock- holding of finished goods in the supply chain.

• TRUE
• False

4. Co-makership: the development of partnerships between supplier and buyer to help take costs out of the supply chain through quality and information improvements. This represents a positive move away from the less traditional adversarial relationship that has been common between buyers and suppliers.

• TRUE
• False

5. Co-_________: the joint physical location of supplier operations on or next to customer production sites.CAPITAL LETTER

6. Aided by the development of free trade, lower transport costs and fast communications, Western businesses have seen the advantages of moving their manufacturing to lower cost economies.

• True
• False

7. The last 5 years has seen a migration of factories from the developed world to Asia, South America and Eastern Europe, often resulting in the setting up of manufacturing facilities to take advantage of the low cost workforces in developing countries.

• TRUE
• False

8. ___________ manufacturers need to manage and have visibility of all inventory including inbound materials, raw materials stock, work in progress, finished goods, goods in transit and service parts and returns.

1. To establish an effective system for cost and _____and control there is a need to identify some overall guidelines or aims that the system is designed to fulfil.

• performance monitoring
• logistics and distribution
• integrated nature of logistics
• effective provision of logistics services
• operation of logistics

2. It is important to be aware of the role of _____ within the context of the company’s own corporate objectives.

• performance monitoring
• logistics and distribution
• integrated nature of logistics
• effective provision of logistics services
• operation of logistics