Friday, September 10, 2021

IGNOU : M.COM : IBO 5 : UNIT 1 : Q - 5. Comment on the following statements. a) Traditionally, physical distribution is considered as the other half of marketing. b) Distribution, marketing and manufacturing can’t be viewed as separate activities within the business, particularly at the strategic level. c) Logistics system helps in improving the customer service.

 

Ans.  (C) Customer service is the thread that links the logistics and marketing processes because the end-product of the logistics system is customer service. The skill lies in managing the twin arms of marketing and logistics in such a way as to - maximize the value added through customer service while seeking a cost advantage.

The role of customer service is to provide time and place utilities in the transfer of goods and services between buyer and seller. There is no value in a product or service until it is in the hands of customer or consumer. It follows that making the product or service available is what, in essence, the distribution function of the business is all about. However, 'Availability' is in itself a complex concept which is influenced by a galaxy of factors. These factors, for example, include delivery frequency, reliability, stock levels and order cycle time. Ultimately, customer service is determined by the interaction of all those factors that affect the process of making products and services available to the buyer.

Now-a-days, customer service has changed its dimensions to quick and easy availability of products with reduced inventory costs. Customers have started analyzing cost of the product with lead time of suppliers and the inventory cost thereof. As such, low volume purchase, but with larger frequency, is increasing. A customer may ultimately buy a large quantity but at different intervals of time. Such service is only possible through a good network of warehousing and appropriate logistics management in fact, today logistics management not only ensures the supply of product at lowest cost but also acts as a marketing tool for increased sales.

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