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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. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
ABC Activity-Based Costing
Performance Measurement Issue
Ports
Complexity Issue
2. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Top US imports from China
Integrated Supply Chain
Outbound
Air
3. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Technology Issue
Freight Forwarder
WMS
C-TPAT
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
Technology Force
Horizontal Relationships
Strategic Role of I.T.
Transportation Management Issue
5. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Transportation Management Issue
Steps in implementing CRM
3rd Party Logistics
Quantity Utility Definition
6. Time - Quality - Cost - Supporting Metrics
The Micro Dimension
Complexity Issue
Performance Categories
Globalization Force
7. Customers trade partnership against terrorism
Horizontal Relationships
C-TPAT
Order Cycle Time
Forecasting
8. Relevant - Accurate - Accessible - Timely - Transferable
Empowered Customer Force
Business Logistics
Ports
Information Requirements
9. Processes for developing and implementing successful relationship
Supply Chain Relationship
Types of 3PLs
4PL
FOB
10. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
ABC Activity-Based Costing
Utility(ies) associated with Production
Strategic Relationship
Possession Utility
11. Cost - Insurance - and Freight
Top US imports from China
CIF
Freight Forwarder
Government Regulations and Policy Force
12. 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
C-TPAT
Immutable Laws of Collaborative Logistics
Internal Society of Logistics
S&OP
13. Adding value to products by having them where people want them.
Place Utility Definition
Cost/Value Issue
Information Requirements
Government Regulations and Policy Force
14. Value added to goods through a manufacturing or assembly process.
Immutable Laws of Collaborative Logistics
Supply Chain
C-TPAT
Form Utility Definition
15. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Ports
Organizational Consolidation Force
Third Party Logistics Industry
Organizational Relationships Issue
16. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
4PL
Component Support
Globalization Force
Information Issue
17. 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
Business Logistics
Utility(ies) associated with Production
NAFTA
Top US imports from China
18. 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.
Supply Chain Relationship
Council of Supply Chain Management
Information Requirements
Performance Categories
19. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Supply Chain Network Issue
Supply Chain Flows
Order Cycle Time
Performance Categories
20. Adding value to products by making them available when they're needed.
Quantity Utility Definition
Time Utility Definition
Utility(ies) associated with Production
R's of Information
21. Right: information - partner - quantity - format - time - place - cost
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22. Organizations require collaboration or cooperation.
Organizational Relationships Issue
Complexity Issue
Order Cycle Time
Horizontal Relationships
23. Transportation Management System
Horizontal Relationships
TMS
Military Logistics
Categories of Logistics Quantification Pyramid
24. Time - Dependability - Communications - Convenience
Dimensions of customer service
Third Party Logistics Industry
Information Issue
Types of Forecasts
25. Electrical Machinery - Power Generation Equipment.
Top US exports to China
Top US imports from China
DDP
Cost/Value Issue
26. Item Fill Rate - Line Fill Rate
Internal Metrics
Steps in implementing CRM
Utility(ies) associated with Marketing
Customer (7 R's of logistics)
27. The time that elapses from when a buyer places an order until receipt of the order
Forecasting
Order Cycle Time
Inbound
Immutable Laws of Collaborative Logistics
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. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Global Markets Characteristics
Form Utility Definition
Customer (7 R's of logistics)
NAFTA
30. Business Logistics - Military Logistics - Event Logistics - Service Logistics
ROA
Four Subdivisions of Logistics
Military Logistics
Component Support
31. Product/Service - Information - Finance
Military Logistics
Component Support
Supply Chain Flows
Forecast Errors
32. Fast - high rate
ERP
External Metrics
Air
Top US trading partners
33. CFE - MSE - MAD - MAPE
Forecast Errors
NAFTA
Performance Measurement Issue
CPFR
34. Warehouse Management System
Air
Value Added Role of Logistics (5 types of utility)
DRP
WMS
35. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Technology Force
Categories of Logistics Quantification Pyramid
Common Culture
Empowered Customer Force
36. An external supplier that performs all or part of a company's logistics functions.
3rd Party Logistics
Internal Metrics
S&OP
4PL
37. Challenge is to evaluate and successfully implement the technology
Four Subdivisions of Logistics
Supply Chain Flows
Technology Issue
ERP
38. Partner
Collaborative Example
Freight Forwarder
Technology Issue
Logistics Activities
39. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Supply Chain Security Issue
Organizational Consolidation Force
Physical Distribution
ABC Activity-Based Costing
40. 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
Export Trading Companies
Internal Society of Logistics
Types of 3PLs
Common Culture
41. Electrical Machinery - Power Generation Equipment
Top US trading partners
CIF
CFR
Top US exports to China
42. Procurement and Manufacturing - value adding activities
Forces Driving the Rate of Change
MRP
Component Support
Inbound
43. Delivered Duty Paid
Forecast Errors
DDP
Form Utility Definition
Air
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).
Supply Chain
Utility(ies) associated with Production
ERP
Event Logistics
45. Vendor
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46. Management of materials in motion and at rest.
Inventory
Internal Society of Logistics
Motor
Utility(ies) associated with Production
47. Focuses on the outbound side of of a firm's logistics system.
Customer (7 R's of logistics)
FAS
4PL
Physical Distribution
48. Order Fill Rate - Perfect Order
Forecast Errors
External Metrics
Inventory Deployment Issue
Balancing Supply/Demand
49. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Supply Chain Network Issue
Logistics Activities
Collaborative Relationship
Factors Affecting Demand
50. Strategic Alliance
Strategic Example
Horizontal Relationships
Inbound
Supply Chain