Idis 240 Study guides, Class notes & Summaries

Cash Flow - Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price - The retail price listed selling price - list price - trade discounts Net price - = selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) - = Cost of Merchandise + Freight from Manufacturer Trade Discounts - specify term of sale and change of price with how they see fit. Cash Discounts - given to encourage buyers to prom...

IDIS 240 Exam 2 Review Solved 100%

OEM stands for - Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution - exclusive MRO stands for - maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? - intensive Bundling Products & Services? - assortment How long customer is willing to wait? - wait time When the customer wants to pl...

OEM : Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO : Maintenance Repair Operation - people who fix something with a problem Contractor : Person who provides supplies or service under contract Breaking bulk : Shipping something in individual components 3PL : 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID 2 | P a g e : Radi...

There are three end users as discusses in Overview of the Industrial Channel. Which of the following is one of those end users? Original Equipment Maintenance Owner of Equipment Manufacturer None of these Owner of Equipment Maintenance Original Equipment Manufacturer : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds Electric, this is an example of ___________ distribution. Exclusive None of these Selective Intens...

IDIS 240 EXAM 1 VESTAL Graded A+

Def. of End User = - Does not resell in present form. 3 End Users = - - OEM - MRO/Facilities - Contractors Required Services is broken down into 3 pie pieces of customer value: - - Form - Place - Time Distribution services are broken down in 3 pie pieces: - - Knowledge - Logistics - Financing

IDIS 240 Final Exam

OEM - Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO - Maintenance Repair Operation - people who fix something with a problem Contractor - Person who provides supplies or service under contract Breaking bulk - Shipping something in individual components 3PL - 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID - Radio Frequency Identific...

Cash Flow : Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price : The retail price listed selling price : list price - trade discounts Net price : = selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) : = Cost of Merchandise + Freight from Manufacturer Trade Discounts 2 | P a g e : specify term of sale and change of price with how they see fit. Cash Discounts : given to encourage buye...