Why is the law requiring that the quality of good meet certain prescribed standard necessary
Answers
Order processing - The customers order should be taken proper and accurate, speedy in timely delivery of the same without any defects should be ensured.
Transportation - based on the products, the geographical concentration of the buyers and size of the power appropriate transportation should be used for the timely delivery without any damages to the consignment.
Storage - Seasonal production - throughout the year demand and throughout the year production seasonal demand. The products ha to be stored in aplace until the demand rises in the market. The place where it can be stored is called a warehouse. This not only helps in removing the hindrance of time but also help in maintaining the price stability in the market for a particular product sold.
Inventory control - The most complex activities among all the other functions is to efficiently manage the inventory. There are four factors which will affect the inventory availability:- Company's characteristics, Company's attitude towards customers, holding cost and the activeness of the channels o distribution.
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