Test your basic knowledge |

Business Logistics Management

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. Order Fill Rate - Perfect Order






2. 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






3. 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).






4. Marketing - Manufacturing/operations - Finance - Accounting






5. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






6. Warehouse Management System






7. Delivered Duty Paid






8. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






9. Adding value to products by having them where people want them.






10. Return on Assets.






11. Management of materials in motion and at rest.






12. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






13. Vendor

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


14. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






15. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






16. Reliability - Responsiveness - Flexibility - Cost - Assets






17. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






18. Canada - China - Mexico






19. Plays large part in intermodal shipments.






20. Free On Board






21. How firms in this industry create value for their commercial clients






22. Enterprise Resource Planning






23. Relevant - Accurate - Accessible - Timely - Transferable






24. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






25. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem






26. Organizations require collaboration or cooperation.






27. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.






28. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






29. Cost and Freight






30. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






31. The management of the movement of materials and information within - into - and out of the firm






32. Critical part of global supply chains






33. Partner






34. Anything that touches the customer






35. Time - Quality - Cost - Supporting Metrics






36. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






37. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base






38. Form - Time - Place - Quantity - Possession






39. Right: information - partner - quantity - format - time - place - cost

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


40. Procurement and Manufacturing - value adding activities






41. Product/Service - Information - Finance






42. Processes for developing and implementing successful relationship






43. Collaborative Planning - Forecasting - and Replenishment






44. Both parties in a vendor relational are said to be at "arm's" length.






45. Measures cost and performance of activities.






46. Form Utility






47. 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.






48. The most pervasive and important global shipment method. Low rates - wide variety of products






49. Export goods and services to overseas buyers and handles most of the export arrangements.






50. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance