CHAPTER 16 SUPPLY CHAIN AND CHANNEL MANAGEMENT Copyright © 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 16-1 Supply Chain and Channel Management LEARNING OBJECTIVES LO1 LO2 LO3 LO4 Understand the importance of marketing channels and supply chain management. Understand the difference between direct and indirect marketing channels. Describe how marketing channels are managed. Describe the flow of information and merchandise in the marketing channel. 16-2 Amazon Bloomberg/Getty Images 16-3 The Importance of Marketing Channel/ Supply Chain Management Marketing Channel Management Chad Baker/Getty Images Supply Chain Management Ryan McVay/Getty Images 16-4 Supply Chain Management 16-5 Behind the Scenes at Costco 16-6 Marketing Channels Add Value 16-7 Marketing Channels Add Value Reduce number of transactions Increase value for consumers More efficient and effective http://www.youtube.com/watch?v=NeK5ZjtpO-M 16-8 Marketing Channel Management Affects Other Aspects of Marketing Fulfilling delivery promises Meeting customer expectations Reliant on an efficient supply chain Courtesy Zara International, Inc. Courtesy Zara International, Inc. 16-9 Designing Marketing Channels Direct Channel Direct Channel One Intermediary Direct Channel Two Intermediaries Manufacturer Manufacturer Manufacturer Wholesaler Customer Retailer Retailer Customer Customer 16-10 Horizontal Conflict Managing the Marketing Channel and Supply Chain Manufacturer Retailer 1 Retailer 2 Retailer 3 Horizontal Conflict 16-11 Managing the Marketing Channel and Supply Chain through Vertical Marketing Systems Independent or conventional supply chain Independent marketing channel Vertical marketing channel 16-12 Types of Vertical Marketing Systems Administered vertical marketing system Contractual vertical marketing system Corporate vertical marketing system 16-13 Power Power Reward Coercive Referent Expertise Information Legitimate 16-14 Managing Marketing Channels and Supply Chains Through Strategic Relationships Common Goals Open Communications Mutual Trust Interdependence Strategic Relationships Credible Commitments 16-15 Used by Permission of Deutsch Inc as Agent for National Fluid Milk Processor Promotion Board Relationship of supply chain members 16-16 CHECK YOURSELF 1. What is the difference between an indirect and a direct marketing channel? 2. What are the differences among the three types of vertical marketing systems? 3. How do firms develop strong strategic partnerships with their marketing channel partners? 16-17 Making Information Flow through Marketing Channels 16-18 Data Warehouse Electronic Data Interchange Photo by Cabela’s Cycle time Easily analyzed and used Quality of communications 16-19 Vendor-Managed Inventory DH Kong/Plush Studios/Getty Images 16-20 CHECK YOURSELF 1. What are the marketing channel links associated with each information flow? 2. How do marketing channel members use data warehouses to make decisions? 3. What is EDI and how is it used? 4. Why do some marketing channels use VMI, while others do not? 16-21 Making Merchandise Flow Through Marketing Channels 16-22 Bakery with Conscience 16-23 How does Dell’s Merchandise Flow How does Dell’s Merchandise Flow Courtesy Dell, Inc. 16-24 Distribution Center versus Direct Store Delivery What are the advantages of a distribution center? Mario Tama/Getty Images 16-25 The Distribution Center Management of inbound transportation Receiving and checking using UPC and RFID Storing and Cross-Docking Getting Merchandise Floor Ready Preparing to ship Shipping to store ABC News Segment on a Walgreens Warehouse 16-26 Inbound Transportation Dispatcher coordinates deliveries Manufacturer may pay transportation expenses or retailers may negotiate directly with trucking companies and pay expenses Steve Cole/Photodisc/Getty Images 16-27 Receiving and Checking Receiving Arrival receipt Checking Undamaged Radio Frequency Distribution (RFID) Tags Container computer chips David Buffinton/Getty Images Ordered = received Photo by Scott Olson/Getty Images 16-28 Storing and Cross-Docking Traditional Cross-docking Combinations Walter Hodges/Digital Vision/Getty Images 16-29 Getting Merchandise Floor-Ready Ticketing and marking Increasingly firms are forcing suppliers to ship floor ready merchandise 16-30 Shipping Merchandise to Stores Shipping merchandise to stores is complex for multistore chains Distribution centers use sophisticated routing and scheduling systems Ryan McVay/Getty Images 16-31 Courtesy Tubular Steel, Inc. Inventory Management Through Just-In-Time Systems Just-in-time (JIT) Quick response (QR) Zappos 16-32 Benefits of JIT Systems Reduced lead time James Leynse/Corbis Increased product availability and lower inventory investment 16-33 CHECK YOURSELF 1. How does merchandise flow through a typical marketing channel? 2. Why have just-in-time supply chain systems become so popular? 16-34