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Chapter 5 Retailing Logistics欧阳斌 张耀平 Knowledge Learning Objective Skill Developing Objective New Words and Phrases pharmacy [5fB:mEsi] n.药房, 药剂学, 配药业, 制药业, 一批备用药品 fragility [frE5dViliti] n.脆弱, 虚弱previously spacious [5speiFEs] adj.广大的, 大规模的 haulier [5hC:ljE, -liE] n.拖曳者, 货运马车夫 anticipation [7Antisi5peiFEn] n.预期, 预料 adequately adv.充分地 assessment [E5sesmEnt] n.(为征税对财产所作的)估价, 被估定的金额 Text 1 Retail Supply Chains The retail industry is large in size and diverse in type. It includes department stores, supermarkets, discount chains, fast food outlets, liquor stores, pharmacies, hardware, fashion, hairdressers, funeral services and related stores. A full range of nationally approved, training package courses from entry to managerial level is available in Retail, Community Pharmacy and Wholesale that focus on the development of both technical and general business skills as well as developing broader competencies in problem solving, communication and teamwork. Text 1 Retail Supply Chains Direct Store Delivery (DSD) manages distribution from manufacturer to retailer in order to avoid storing in warehouses Text 1 Retail Supply Chains High transportation costs High storing costs High demand variability Distant markets Fragility and merchandising difficulty Short shelf life of many grocery products Responsibility for unsold products Lack of information of customer preferences Text 1 Retail Supply Chains Goods go directly from the manufacturer to the retailer Short delivery lead time “Route accounting” process is being used Information flow directly from retailer to manufacturer – the manufacturer is first part logistic provider. Vendor Managed Inventory (VMI) is a variant of DSD Text 1 Retail Supply Chains Traditional approach: Text 1 Retail Supply Chains DSD approach: Text 1 Retail Supply Chains Large initial investments Geographical distance between the manufacturer and retailers should be rather short Tight manufacturer/retailer cooperation Tailor mad
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