In: Operations Management
To be considered a wholesaler a business must operate from a fixed location where it receives product from suppliers and ships to its customers.
True | |
False |
The Benning Flower Company operates in the western part of the United States. Its main business is supplying and maintaining floral displays in grocery stores. Every other day a Benning employee visits a store and adds new products while removing older product. Benning is MOST LIKELY a:
cash-and-carry wholesaler |
|
specialty merchandise wholesaler |
|
broker |
|
rack jobber wholesaler |
Question 1: To be considered a wholesaler a business must operate from a fixed location where it receives product from suppliers and ships to its customers.
Answer: False
Snippets: Wholesalers typically receives products in large quantity from a supplier or manufacturer and sells to the retailer. A wholesaler is the first link in supply chain management who is an intermediate between a supplier, retailer, and customer. Wholesale business is spread to different areas. Example: Amcon Distributing Co., Farner-Bocken Co., Metro, H.t. Hacket Co, etc.
Question 2: The Benning Flower Company operates in the western part of the United States. Its main business is supplying and maintaining floral displays in grocery stores. Every other day a Benning employee visits a store and adds new products while removing older product. Benning is MOST LIKELY a:
Answer: Rack jobber wholesaler
Snippets: Rack jobber wholesaler is the one who manages inventory and merchandising for a retailer. Typically they send their deliver agents daily to set up the racks in retail outlets.