13-5 Physical Distribution

1. the movement of the products themselves—both goods and services—through their channels of distribution.
4. the shipment of products to customers.
5. shipments Each shipment is packaged and directed to the proper transport vehicle. Shipping and accounting documents are prepared.
7. is the set of activities involved in receiving and storing goods and preparing them for reshipment.
8. handling is the actual physical handling of goods—in warehouses as well as during transportation.
9. consists of activities involved in receiving and filling customers purchase orders.
10. the process of managing inventories in such stockout costs.
11. are the expenses of storing products until they are purchased or shipped to customers.
14. Delivered goods may have to be sorted before being stored
15. The goods are protected in storage until needed.

2. picking, and assembling goods. Items that are to leave the warehouse must be selected from storage and assembled efficiently.
3. are sales lost when items are not in inventory.
6. Records are made of the quantity of each item received. Items may be marked, coded, or tagged for identification.
12. is a transportation firm whose services are available to all shippers. Railroads, airlines, and most long-distance trucking firms are common carriers.
13. The warehouse accepts delivered goods and assumes responsibility for them.