For your tech company consider your product, customer needs and the cost associated with your distribution strategy. Think how your channels of distribution carry costs like transportation, storage, product handling and inventory control.

Question

In one or two sentences describe your basic approach to distribution or describe the workflow of your product organized. And also create a supply chain diagram. Create a diagram that depicts the stages of your proposed supply chain. On supply chain diagram add text labels to indicate the name of suppliers that make up the individual components of the supply

Answer 1

chain, as well as the transportation and storage facilities involved in the distribution process.

Example: Our tech company's basic approach to distribution is to utilize a combination of direct-to-consumer online sales and partnerships with retail stores for product placement. Our workflow begins with sourcing materials from suppliers, assembling the products in our manufacturing facility, storing them in our warehouse, and shipping them out to customers or retail partners.

Supply Chain Diagram:

Suppliers:
1. Supplier A (for electronic components)
2. Supplier B (for raw materials)
3. Supplier C (for packaging materials)

Manufacturing Facility:
- Assemble components into finished products

Warehouse:
- Store finished products

Distribution:
- Direct-to-consumer sales
- Partnerships with retail stores

Transportation and Storage Facilities:
- Shipping companies for delivery to customers
- Retail store locations for product placement

By visualizing our supply chain in this way, we are able to identify potential bottlenecks and optimize our distribution strategy for efficiency and cost-effectiveness.