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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. Partner
Collaborative Example
Information Issue
CPFR
Supply Chain
2. 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.
Internal Metrics
Strategic Relationship
C-TPAT
Military Logistics
3. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Top US imports from China
Supply Chain Network Issue
Logistics Activities
Collaborative Example
4. Form Utility
Major categories of metrics
Categories of Logistics Quantification Pyramid
Utility(ies) associated with Production
Two Phases of order mgmt.
5. Sales and Order Processing
S&OP
Physical Distribution
Information Issue
Integrated Supply Chain
6. Time Utility - Place Utility - Quantity Utility
CRM Customer Relationship Management
Information Requirements
Utility(ies) associated with Logistics
Major categories of metrics
7. Product/Service - Information - Finance
Inventory
Supply Chain Flows
Top US imports from China
Strategic Role of I.T.
8. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Information Requirements
Two Phases of order mgmt.
Performance Measurement Issue
9. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Customer (7 R's of logistics)
Cost/Value Issue
Freight Forwarder
Collaborative Relationship
10. Cost and Freight
CFR
Top US exports to China
Immutable Laws of Collaborative Logistics
ROA
11. Management of Product/Service - Information - and Cash Flows.
TMS
The Micro Dimension
Supply Chain Relationship
Supply Chain Definition
12. Relevant - Accurate - Accessible - Timely - Transferable
Form Utility Definition
Information Requirements
Logistics Management
WMS
13. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
ABC Activity-Based Costing
Outbound
Internal Society of Logistics
Utility(ies) associated with Logistics
14. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Third Party Logistics Industry
Supply Chain Issues
Balancing Supply/Demand
Supply Chain Security Issue
15. Canada - China - Mexico
DDP
Top US imports from China
Top US trading partners
Balancing Supply/Demand
16. Procurement and Manufacturing - value adding activities
CIF
DRP
External Metrics
Inbound
17. The management of the movement of materials and information within - into - and out of the firm
R's of Information
Logistics Management
Balancing Supply/Demand
FAS
18. Electrical Machinery - Power Generation Equipment.
Time Utility Definition
Air
External Metrics
Top US imports from China
19. Vendor
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20. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Technology Force
Information Requirements
Vertical Relationship
Cost/Value Issue
21. Return on Assets.
4PL
ROA
Supply Chain Security Issue
Organizational Relationships Issue
22. Processes for developing and implementing successful relationship
Supply Chain Relationship
Export Trading Companies
Utility(ies) associated with Production
NAFTA
23. Right product - right time - right quantity - right quality - right cost - right destination
MRP
Technology Issue
Balancing Supply/Demand
Transportation Management Issue
24. Focuses on the outbound side of of a firm's logistics system.
Physical Distribution
C-TPAT
Export Trading Companies
Collaborative Example
25. Free On Board
Supply Chain Relationship
Technology Issue
Transactional Relationship
FOB
26. Possession Utility
Arm's Length
Utility(ies) associated with Marketing
Inventory
Internal Society of Logistics
27. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Ocean
ERP
Four Subdivisions of Logistics
Technology Issue
28. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
FOB
Global Markets Characteristics
Utility(ies) associated with Logistics
Balancing Supply/Demand
29. Enlightened - Educated - easy access to Internet
DRP
Empowered Customer Force
Inventory
WMS
30. How firms in this industry create value for their commercial clients
Export Trading Companies
Place Utility Definition
Third Party Logistics Industry
Collaborative Relationship
31. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Ports
Logistics
Types of 3PLs
Inventory Deployment Issue
32. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Collaborative Example
Utility(ies) associated with Logistics
Physical Distribution
NAFTA
33. 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.
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34. Time - Dependability - Communications - Convenience
Ocean
Service Logistics
Dimensions of customer service
Immutable Laws of Collaborative Logistics
35. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Steps in implementing CRM
MRP
Dimensions of customer service
Component Support
36. Warehouse Management System
WMS
Types of 3PLs
Utility(ies) associated with Marketing
Ports
37. 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.
Four Subdivisions of Logistics
Order Cycle Time
Information Issue
Utility(ies) associated with Production
38. Collaborative Planning - Forecasting - and Replenishment
Global Markets Characteristics
Air
CPFR
Top US exports to China
39. Export goods and services to overseas buyers and handles most of the export arrangements.
Complexity Issue
Export Trading Companies
Strategic Relationship
Form Utility Definition
40. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Categories of Logistics Quantification Pyramid
Inbound
Dimensions of customer service
Types of 3PLs
41. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Factors Affecting Demand
DRP
Horizontal Relationships
Supply Chain Flows
42. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Third Party Logistics Industry
Categories of Logistics Quantification Pyramid
CRM Customer Relationship Management
External Metrics
43. 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
Cost/Value Issue
Common Culture
Freight Forwarder
Service Logistics
44. Time - Quality - Cost - Supporting Metrics
Top US imports from China
Performance Categories
Time Utility Definition
CPFR
45. Anything that touches the customer
Customer (7 R's of logistics)
Place Utility Definition
Balancing Supply/Demand
Customer Service
46. Management of materials in motion and at rest.
Order Cycle Time
Inventory
The Micro Dimension
Ocean
47. Fast - high rate
Air
CFR
Complexity Issue
Customer Service
48. The most pervasive and important global shipment method. Low rates - wide variety of products
Utility(ies) associated with Logistics
Ocean
NAFTA
Vertical Relationship
49. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Supply Chain
Possession Utility
Third Party Logistics Industry
50. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Complexity Issue
External Metrics
Service Logistics
Motor