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Q. A Channel consisting of one or more independent producers, wholesalers or retailers that are seeking to maximize their own profits even at the expense of profits for the channel as a whole is a……………

Q. When suppliers, distributors, and customers partner with each other to improve performance of the entire system, they are participating in a…………..

Q. ………….. is a set of approaches utilized to efficiently intergrate suppliers ,manufacturers,warehouses,and stores,so that merchandise is produced and distributed,at the right quantities,to the right location ,and at the right time,in order to minimize system wide costs while satisfying service level requirements.

Q. ………..is a small group of employees in the same work area or doing similar work who voluntarily meet regularly to identify,analyse and resolve work related problems leading to improvement in their total performance.

Q. Logistics add value by creating ………. Utilities.

Q. The service sector has lower productivity improvements than the manufacturing sector because

Q. Buying according to the requirements is called …………

Q. …………is the time that elapses between issuing replenishment order and receiving the material in stores.

Q. Which of the following has been the main driver to the globalization of business?

Q. The father of JIT