What is Distribution Management?
What is Distribution Management? Distribution management entails the strategic planning, implementation, and control of the movement of goods between the point of origin and that of the final consumer. It ensures that the product is moved efficiently and effectively from inventory into delivery; hence, it is an exercise undertaken to achieve operational excellence and, ultimately, […]
What is Inventory Replenishment?
What is Inventory Replenishment? Inventory replenishment refers to the act of replenishing products in order to ensure that stocks are available and that stock outs do not occur. It guarantees the free movement of inventory in the management process of distribution channel and fulfilling customer demand. The given approach is vital to the definition of […]
