What are the functions of physical distribution?
The functions of physical distribution include choosing a warehouse location and type, setting up a materials-handling system, and choosing modes of transportation (air, highway, rail, water, or pipeline). Criteria for selecting a mode of transportation include cost, transit time, reliability, capability, accessibility, and traceability. >lg 9. What are the trends in distribution? The tactic of stocklifting, or buyback, is becoming increasingly popular among large manufacturers. It occurs when a company buys all of its competitors stock from a retailer and replaces the inventory with its own merchandise. Physical distribution for services is becoming increasingly important because service providers must build good relationships with customers. This involves minimizing wait times, managing service capacity, and improving service delivery through new distribution channels. It is estimated that by 2005 everyone in the developed world will have Internet access. Millions of consumers are no
