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Test your basic knowledge |
Business Logistics Management
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Subject
:
business-skills
Instructions:
Answer 50 questions in 15 minutes.
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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. 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
FAS
Export Management Companies
Supply Chain
Strategic Role of I.T.
2. Primarily created through the basic marketing activities related to the promotion of products and services -
Information Requirements
Categories of Logistics Quantification Pyramid
Possession Utility
Utility(ies) associated with Logistics
3. Relevant - Accurate - Accessible - Timely - Transferable
Information Requirements
ABC Activity-Based Costing
Freight Forwarder
Ports
4. Possession Utility
S&OP
Utility(ies) associated with Marketing
ROA
Transactional Relationship
5. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Internal Metrics
Global Markets Characteristics
Order Cycle Time
Supply Chain Flows
6. Measures cost and performance of activities.
Logistics Activities
Cost/Value Issue
ABC Activity-Based Costing
Council of Supply Chain Management
7. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Top US imports from China
Categories of Logistics Quantification Pyramid
Logistics Activities
Customer Service
8. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Two Phases of order mgmt.
Categories of Logistics Quantification Pyramid
Inventory
Four Subdivisions of Logistics
9. Return on Assets.
Transactional Relationship
Military Logistics
Top US trading partners
ROA
10. 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.
4PL
Balancing Supply/Demand
Freight Forwarder
Supply Chain
11. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ
4PL
Steps in implementing CRM
Logistics Activities
Business Logistics
12. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Supply Chain Flows
CFR
Major categories of metrics
Internal Society of Logistics
13. Time - Dependability - Communications - Convenience
Strategic Relationship
Organizational Relationships Issue
CPFR
Dimensions of customer service
14. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Integrated Supply Chain
Logistics Activities
Internal Metrics
CRM Customer Relationship Management
15. Warehouse Management System
Customer (7 R's of logistics)
Factors Affecting Demand
WMS
Strategic Role of I.T.
16. Transportation - Warehousing and storage - Industrial packaging - Materials handling - Inventory control - Order fulfillment - Demand forecasting - Production planning/scheduling - Procurement - Customer service - Facility location - Return goods han
Motor
Organizational Consolidation Force
Logistics Activities
Top US imports from China
17. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Four Subdivisions of Logistics
DDP
Complexity Issue
Freight Forwarder
18. The ________ is associated with downstream activities.
Technology Issue
Freight Forwarder
Event Logistics
Supply Chain
19. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
NAFTA
Strategic Relationship
Types of 3PLs
C-TPAT
20. Cost - Insurance - and Freight
Supply Chain Flows
Steps in implementing CRM
3rd Party Logistics
CIF
21. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Complexity Issue
Military Logistics
Business Logistics
Technology Force
22. Distribution Requirement Planning
Types of Forecasts
Inbound
S&OP
DRP
23. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
CIF
Internal Metrics
Balancing Supply/Demand
FAS
24. 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).
Horizontal Relationships
Logistics Activities
Transportation Management Issue
Event Logistics
25. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Possession Utility
Strategic Relationship
Customer Service
Forecast Errors
26. An external supplier that performs all or part of a company's logistics functions.
MRP
Technology Force
3rd Party Logistics
Factors Affecting Demand
27. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Military Logistics
Possession Utility
Cost/Value Issue
Component Support
28. 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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29. Value added by delivering the proper amount of a good.
Quantity Utility Definition
Information Issue
Ocean
Value Added Role of Logistics (5 types of utility)
30. 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.
Ports
Factors Affecting Demand
Military Logistics
The Micro Dimension
31. Transportation Management System
Top US exports to China
Export Management Companies
Utility(ies) associated with Logistics
TMS
32. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Inventory
Strategic Example
Vertical Relationship
NAFTA
33. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Inventory
Motor
Component Support
Military Logistics
34. CFE - MSE - MAD - MAPE
Quantity Utility Definition
Categories of Logistics Quantification Pyramid
Organizational Relationships Issue
Forecast Errors
35. Management of Product/Service - Information - and Cash Flows.
Quantity Utility Definition
Supply Chain Definition
DDP
Collaborative Example
36. Collaborative Planning - Forecasting - and Replenishment
CPFR
Steps in implementing CRM
Empowered Customer Force
Horizontal Relationships
37. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Logistics Activities
Supply Chain Security Issue
Supply Chain Issues
Service Logistics
38. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Inventory
Freight Forwarder
Event Logistics
Forces Driving the Rate of Change
39. Adding value to products by having them where people want them.
Balancing Supply/Demand
Top US imports from China
Place Utility Definition
Four Subdivisions of Logistics
40. Real and recognized benefits to all members - Dynamic creation - measurement - and evolution of collaborative partnerships - Co-buyer and co-seller relationships - Flexibility and security - Collaboration across all stages of business process integ
Immutable Laws of Collaborative Logistics
Transportation Management Issue
Value Added Role of Logistics (5 types of utility)
Customer (7 R's of logistics)
41. 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
Common Culture
Supply Chain Network Issue
Types of Forecasts
Export Management Companies
42. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Dimensions of customer service
Ocean
Vertical Relationship
43. Order Fill Rate - Perfect Order
External Metrics
CPFR
Dimensions of customer service
CRM Customer Relationship Management
44. Time - Quality - Cost - Supporting Metrics
Third Party Logistics Industry
Supply Chain Security Issue
Performance Categories
CPFR
45. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Inbound
FAS
NAFTA
Forecast Errors
46. Materials Requirement Planning
MRP
Ports
Utility(ies) associated with Production
3rd Party Logistics
47. Analyze and evaluate on organizations efficiency over a time period.
Value Added Role of Logistics (5 types of utility)
Common Culture
Performance Measurement Issue
Types of 3PLs
48. Management of materials in motion and at rest.
Inventory
Supply Chain
Information Issue
Order Cycle Time
49. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Globalization Force
Ports
Possession Utility
ABC Activity-Based Costing
50. Reliability - Responsiveness - Flexibility - Cost - Assets
The Micro Dimension
Major categories of metrics
CFR
Technology Force
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