1. Materials Management
Physical Distribution Management is related to marketing in a manner similar to the way materials management is related to production. Advocates of the physical distribution organization traditionally refer to it as "the other half of marketing."" ... For example, the inventories controlled by physical distribution management are finished goods inventories. ... Logistics management is a combination of materials management and physical distribution management. ... Although physical distribution is the final stage of the marketing process, the training and orientation of physical distribution pe...
- Word Count: 8123
- Approx Pages: 32
- Has Bibliography