Supply Chain and Distribution Concepts

Which of the following terms best describes a grower of potatoes?

• Manufacturer

• Wholesaler

• Distribution Center

• Retailer

FIFO stands for

• First In First Out

• First In Last Out

• First Out First In

• Fast In Fast Out

The producer of finished products

• Manufacturer

• Supplier

• Distributor

• Retailer

A type of storage facility that hold large amount of products that can be shipped to stores quickly to keep up with customer demand

• Warehouse

• Distribution Center

• Retail Store

• Fulfillment Center

All the activities associated with the movement of material, from manufacturer to customer

• Logistics

• Distribution

• Transportation

• Supply Chain Management

A system of people, buildings, organizations, information and resources that works together to meet and anticipate customer's needs.

• Supply Chain

• Logistics

• Inventory Management

• Customer Relationship Management

All activities involved in storing merchandise and getting it ready to be shipped to stores or directly to customers

• Logistics

• Warehousing

• Inventory Management

• Distribution

What do fulfillment centers do?

• Store products randomly without organization.

• Strategically store a company's products so that the product can be quickly picked up and sent out.

• Only handle returns and exchanges for online orders.

• Provide customer service for online purchases.

A business that moves goods from one business to another. It buys goods, stores them, and then resells them is called:

• intermediary

• manufacturer

• retailer

• wholesaler

Buys large quantities of products directly from manufacturer

• Retailer

• Distributor

• Wholesaler

• Supplier