logistic concepts that emphasize teamwork - both inside the company and among all the marketing channel organizations- to maximize the performance of the entire distribution system

1. Integrated logistics management:

logistic concepts that emphasize teamwork - both inside the company and among all the marketing channel organizations- to maximize the performance of the entire distribution system.

2. Marketing channel (distribution channel):

set of interdependent organizations that help make a product or service available for use or consumption by the consumer or business user.

3. Marketing logistics (physical distribution):

planning, implementing, and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption to meet customer requirements at a profit.

4. Multichannel distribution system:

Distribution system in which a single firm sets up two or more marketing channels to reach one or more customer segments.

5. Supply chain management:

managing upstream and downstream value added flow of materials, final goods, and related information among suppliers, the company, resellers, and final consumers.

6. Third-party logistics (3PL):

an independent logistics provider that performs any or all of the functions required to get a client's product to market.

7. Value delivery network:

network composed of the company, suppliers, distributors, and ultimately customers who partner with each other to improve the performance of the entire system in developing customer value.

8. Vertical marketing System (VMS):

channel structure in which producers, wholesalers, and retailers act as a unified system. One channel member owns the others, has contracts with them, or has so much power that they all cooperate.