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The function that occurs right after a product is delivered to a distributor and while
the delivery is checked for accuracy? - ANSWER -Receiving
What does PAID stand for? - ANSWER -Professional Association for Industrial
Distribution
The process that takes place directly after an order ticket has been printed for an
order that is scheduled to be shipped, and is also known as picking, is which of the
following? - ANSWER -Order Filling
The process of buying products, not currently in stock in our warehouse, from our
competitors or other local sources to complete a customer transaction is? -
ANSWER -Buy-Outs
Is the person responsible for meeting the customer at the customer's location is
often referred to as? - ANSWER -Outside Sales
Which of the following are specific service outputs provided by the typical
industrial distributor?
A. Local inventory and Transportation to the customer's place of business
B. Transportation to the customer's place of business
C. Service after the sale
D. All of these - ANSWER -D. All of these
According to the book "The Distributor's Role in the Supply Chain," the function
of "selling" includes:
A. Providing information to assist with the construction of industrial products
B. Providing information to assist with the design of industrial products
C. Solving technical problems
D. Both Solve technical problems and provide information to assist with the
construction of industrial products
E. All of these - ANSWER -E. All of these
, According to the book "The Distributor's Role in the Supply Chain," a sale is not
complete until - ANSWER -The customer has paid for the product and has
successfully used the product
Sanderson Farms owns a large chicken processing plant in Bryan, Texas. One
night, a 500 horsepower electric motor on one of their processing lines quit
working. A local distributor, Purvis Bearing, had one in their warehouse and was
able to get it delivered within one hour. This is an example of a(n) ________
purchase. - ANSWER -MRO
Rolligon - National Oilwell Varco is a manufacturer of oil field-related equipment
located close to College Station, Texas. Their product is shipped throughout the
world. They purchase many components from local distributors to be used in their
products. Rolligon - National Oilwell Varco is an example of: - ANSWER -OEM
When Texas A&M University decided to build a new building, they paid a
company by the name of Vaughn Construction to oversee the process. Vaughn will
hire other companies to perform most of the work but will perform some of the
work themselves. They will get the material needed for the work they perform
from local building material suppliers. Vaughn is an example of - ANSWER -
Contractor
According to the lecture, an "End User" is best defined by the fact that they: -
ANSWER -Do not resale products in present form
The financial function of 'extending credit' would be most beneficial to which of
the following end-users? - ANSWER -Contractor
In the industrial supply chain, an agent is: - ANSWER -A third-party company
that represents a manufacturer's product in certain areas
Agents: - ANSWER -Sometimes stock but NEVER own inventory
People who specify products in the industrial channel include which of the
following:
A. Architects
B. Both Architects, and Engineers
C. Engineers
D. Designers