The document discusses key concepts in sales and distribution management as well as logistics and supply chain management. It defines sales management as planning, implementing, and evaluating sales force activities based on a company's strategic plans. Sales forecasting is predicting expected sales levels based on a marketing plan and environment. Both distribution channels and markets are often more important than products themselves. Logistics management involves the efficient flow of products from manufacturing to consumption. Supply chain management integrates all activities from suppliers to customers to reduce costs while adding value. Customer service aims to meet customer expectations through a series of activities. Demand forecasting projects expected production, transportation, and sales volumes based on logical assumptions.
The document discusses key concepts in sales and distribution management as well as logistics and supply chain management. It defines sales management as planning, implementing, and evaluating sales force activities based on a company's strategic plans. Sales forecasting is predicting expected sales levels based on a marketing plan and environment. Both distribution channels and markets are often more important than products themselves. Logistics management involves the efficient flow of products from manufacturing to consumption. Supply chain management integrates all activities from suppliers to customers to reduce costs while adding value. Customer service aims to meet customer expectations through a series of activities. Demand forecasting projects expected production, transportation, and sales volumes based on logical assumptions.
The document discusses key concepts in sales and distribution management as well as logistics and supply chain management. It defines sales management as planning, implementing, and evaluating sales force activities based on a company's strategic plans. Sales forecasting is predicting expected sales levels based on a marketing plan and environment. Both distribution channels and markets are often more important than products themselves. Logistics management involves the efficient flow of products from manufacturing to consumption. Supply chain management integrates all activities from suppliers to customers to reduce costs while adding value. Customer service aims to meet customer expectations through a series of activities. Demand forecasting projects expected production, transportation, and sales volumes based on logical assumptions.
1. Accordind to William J stanon sales management involves planning,implementing and
eevaluating sales force activities within the guidelines set by the companys strategic market planning 2. Philip Kotler ,sales forecasting is the expected level of company sales based on chosen marketing plan and assumed arketing environment. 3. According to drucker<Both the market and the distribution channel are oftn more crucial than the product.they are primary;the product is secondary Logistics and supply chain management 1. Logistics management can be defined as systematic flow of products, services and information from date and place of manufacturing to date and place of consumption by carrying out various functions such as planning, warehousing, transportation and material handling at the most economic cost and minimum possible time whenever, wherever the need arises 2. Integrated logistics can be defined as the process of anticipating the customers needs and wants, acquiring the inputs to meet those needs and wants, optimising goods and services, developing network to fulfil the customers requirement, and utilising this network to fulfil the customer requirement in a timely manner. 3. Supply chain management can be defined as the integrated management of all linkages and value added activities from the suppliers supplier to the customers customer in such a way that enhanced value is achieved at a lower cost 4. According to Jaimer L Scott customer service is a series of activities designed to enhance the level of customer satisfaction. That is the feeling that produce or service has met the customers expectations 5. Demand forecasting can b defined as forecasting is a projection/prediction made on the basis of relevant logical assumptions < of volume likely to be produced transported and sold