audit, distribution
Definition:
The control tools of physical distribution systems are the regular auditing of inventory, freight costs, warehouse costs and order-processing times. In the past, these audits were often conducted separately but in the 1970s a form of output budgeting, the total function audit, became increasingly popular. These were conducted at intervals of five years and served as a basis for replanning the logistical system.
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© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [A. J. Brown and Michael J. Baker], [1998].