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Test your basic knowledge |
Business Logistics Management
Start Test
Study First
Subject
:
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Business Logistics - Military Logistics - Event Logistics - Service Logistics
The Micro Dimension
Four Subdivisions of Logistics
Component Support
Types of Forecasts
2. Distribution Requirement Planning
Supply Chain
Ocean
DRP
CRM Customer Relationship Management
3. How firms in this industry create value for their commercial clients
ROA
Physical Distribution
Third Party Logistics Industry
Inbound
4. Current 1. WMS 2. Web-enabled communication 3. Visibility tools 4. TMS - Future 1. RFID 2. Collaboration tools 3. Supply chain planning and visibility tools
Utility(ies) associated with Logistics
Strategic Role of I.T.
4PL
R's of Information
5. Customers trade partnership against terrorism
C-TPAT
R's of Information
Strategic Example
Major categories of metrics
6. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Inbound
Arm's Length
Complexity Issue
Factors Affecting Demand
7. Adding value to products by having them where people want them.
Strategic Role of I.T.
Strategic Example
Place Utility Definition
Top US imports from China
8. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
ROA
Transactional Relationship
Categories of Logistics Quantification Pyramid
Steps in implementing CRM
9. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Freight Forwarder
Transportation Management Issue
Inbound
Form Utility Definition
10. Cost - Insurance - and Freight
Top US exports to China
FOB
CIF
Outbound
11. Partner
Major categories of metrics
Collaborative Example
Transactional Relationship
Immutable Laws of Collaborative Logistics
12. Materials Requirement Planning
MRP
Supply Chain Security Issue
Air
Supply Chain Network Issue
13. The design and integration of all aspects of support for the operational capability of the military forces and their equipment to ensure readiness - reliability and efficiency.
Forces Driving the Rate of Change
Service Logistics
Military Logistics
Horizontal Relationships
14. The art and science of management - engineering - and technical activities concerned with requirements - design - and supplying and maintaining resources to support objectives - plans - and operations.
Empowered Customer Force
R's of Information
Component Support
Council of Supply Chain Management
15. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Global Markets Characteristics
FOB
Four Subdivisions of Logistics
Cost/Value Issue
16. Reliability - Responsiveness - Flexibility - Cost - Assets
Strategic Example
Logistics
Major categories of metrics
Council of Supply Chain Management
17. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Performance Measurement Issue
Supply Chain Issues
Logistics
Common Culture
18. An external supplier that performs all or part of a company's logistics functions.
Types of Forecasts
NAFTA
Customer (7 R's of logistics)
3rd Party Logistics
19. Time Utility - Place Utility - Quantity Utility
Order Cycle Time
Component Support
Utility(ies) associated with Logistics
Motor
20. Challenge is to evaluate and successfully implement the technology
Organizational Relationships Issue
Empowered Customer Force
Vertical Relationship
Technology Issue
21. Right product - right time - right quantity - right quality - right cost - right destination
Time Utility Definition
Transportation Management Issue
Two Phases of order mgmt.
Factors Affecting Demand
22. Return on Assets.
Supply Chain
ERP
ROA
External Metrics
23. Form Utility
Time Utility Definition
Utility(ies) associated with Production
Supply Chain Network Issue
Information Requirements
24. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
CIF
ERP
Inventory
CRM Customer Relationship Management
25. Deregulation: Transportation - Communications - and Financial Institutions
3rd Party Logistics
Organizational Consolidation Force
Performance Measurement Issue
Government Regulations and Policy Force
26. Transportation Management System
Place Utility Definition
Supply Chain Security Issue
TMS
Logistics
27. Time - Quality - Cost - Supporting Metrics
Performance Categories
NAFTA
Logistics Management
Physical Distribution
28. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Forecasting
Military Logistics
Horizontal Relationships
The Micro Dimension
29. Time - Dependability - Communications - Convenience
Logistics Activities
Utility(ies) associated with Marketing
Technology Issue
Dimensions of customer service
30. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Strategic Relationship
Performance Categories
Business Logistics
Form Utility Definition
31. Delivered Duty Paid
DDP
Ports
WMS
Supply Chain Network Issue
32. Possession Utility
Supply Chain Issues
Physical Distribution
Order Cycle Time
Utility(ies) associated with Marketing
33. Marketing - Manufacturing/operations - Finance - Accounting
Global Markets Characteristics
The Micro Dimension
MRP
Possession Utility
34. Enterprise Resource Planning
Supply Chain Issues
Two Phases of order mgmt.
The Micro Dimension
ERP
35. The most pervasive and important global shipment method. Low rates - wide variety of products
DRP
TMS
Ocean
Possession Utility
36. Product/Service - Information - Finance
Supply Chain Flows
Inventory
Utility(ies) associated with Logistics
Internal Society of Logistics
37. Getting the right product - to the right customer - in the right quantity - in the right condition - at the right place - at the right time - and at the right cost.
38. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Transactional Relationship
Logistics Activities
Steps in implementing CRM
Export Management Companies
39. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
CFR
Integrated Supply Chain
Dimensions of customer service
Inbound
40. Fast - high rate
CIF
Air
Supply Chain Security Issue
Organizational Relationships Issue
41. The ________ is associated with downstream activities.
Order Cycle Time
CPFR
Customer Service
Supply Chain
42. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Service Logistics
4PL
ABC Activity-Based Costing
C-TPAT
43. Enlightened - Educated - easy access to Internet
Empowered Customer Force
Ocean
Government Regulations and Policy Force
Technology Issue
44. Network of activities - facilities and personnel required to organize - schedule and deploy the resources for an even to take place and to effectively withdraw after the even (ex: Superbowl).
Top US trading partners
Utility(ies) associated with Production
Top US exports to China
Event Logistics
45. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Strategic Relationship
Supply Chain Definition
Forces Driving the Rate of Change
Top US exports to China
46. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Inbound
Organizational Consolidation Force
Physical Distribution
NAFTA
47. Management of materials in motion and at rest.
Performance Measurement Issue
Event Logistics
DRP
Inventory
48. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Ports
Performance Measurement Issue
Inbound
Supply Chain Network Issue
49. The time that elapses from when a buyer places an order until receipt of the order
Export Trading Companies
Performance Categories
Component Support
Order Cycle Time
50. Free Alongside Ship
DDP
Technology Force
FAS
Factors Affecting Demand