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Intro to Marketing
Marketing Channels and Supply-Chain Management - 14
15
Marketing
Undergraduate 3
06/22/2010

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Term
industrial distributor
Definition
independent business that takes title to business products and inventories
Term
channel power
Definition
ability of one channel member to influence another member's goal achievement
Term
vertical channel integration
Definition
combining 2 or more stages of the mktg channel under one mgmt
Term
vertical mktg systems
Definition
mktg channel managed by a single channel member
Term
horizontal channel integration
Definition
combining organizations at the same level of operation under one mgmt
Term
intensive distribution
Definition
using all available outlets to distribute a product
Term
selective distrib.
Definition
using only some available outlets to distribute a product
Term
exclusive distribution
Definition
using a single outlet in a large geographic area to distrib. a product
Term
physical distribution
Definition
activities used to move products from producers to consumers
Term
cycle time
Definition
time needed to complete a process
Term
EDI
Definition
electronic data interchange

computerized means of integrating order processing w/ prod, inv, acct, and transp.
Term
distribution centers
Definition
large, centralized warehouses that focus on moving rather than storing goods
Term
intermodal transportation
Definition
two or more transportation modes used in combination
Term
freight forwarders
Definition
orgs that consolidate shipments from several firms into efficient lot sizes
Term
megacarriers
Definition
freight transp firms that provide several modes of shipment
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