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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. Export goods and services to overseas buyers and handles most of the export arrangements.
External Metrics
Export Trading Companies
Complexity Issue
Empowered Customer Force
2. Processes for developing and implementing successful relationship
R's of Information
Export Trading Companies
Supply Chain Relationship
Event Logistics
3. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Technology Force
Ports
Vertical Relationship
Organizational Relationships Issue
4. Warehouse Management System
Third Party Logistics Industry
Types of Forecasts
WMS
DRP
5. Product/Service - Information - Finance
Supply Chain Flows
DRP
Form Utility Definition
Global Markets Characteristics
6. Challenge is to evaluate and successfully implement the technology
Technology Issue
Horizontal Relationships
Service Logistics
Supply Chain Relationship
7. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
C-TPAT
Organizational Consolidation Force
Collaborative Example
Immutable Laws of Collaborative Logistics
8. 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
Collaborative Relationship
Business Logistics
Integrated Supply Chain
Freight Forwarder
9. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
CPFR
Arm's Length
Types of Forecasts
Strategic Role of I.T.
10. Materials Requirement Planning
Government Regulations and Policy Force
Military Logistics
Business Logistics
MRP
11. Form - Time - Place - Quantity - Possession
Performance Measurement Issue
3rd Party Logistics
Export Trading Companies
Value Added Role of Logistics (5 types of utility)
12. 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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13. Management of materials in motion and at rest.
Inventory
Supply Chain Security Issue
Organizational Consolidation Force
FAS
14. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
DRP
Component Support
Globalization Force
3rd Party Logistics
15. Strategic Alliance
Arm's Length
Strategic Example
Place Utility Definition
Inventory
16. Return on Assets.
Ocean
Supply Chain Security Issue
ROA
Utility(ies) associated with Production
17. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
C-TPAT
NAFTA
Global Markets Characteristics
3rd Party Logistics
18. Cost - Insurance - and Freight
CIF
External Metrics
Ocean
FAS
19. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Balancing Supply/Demand
Ports
Organizational Consolidation Force
20. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Order Cycle Time
Top US trading partners
DRP
21. Cost and Freight
Utility(ies) associated with Logistics
Third Party Logistics Industry
CFR
Integrated Supply Chain
22. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
NAFTA
Internal Society of Logistics
Export Management Companies
Performance Measurement Issue
23. Distribution Requirement Planning
Event Logistics
DRP
FOB
Order Cycle Time
24. Partner
Empowered Customer Force
Customer Service
Collaborative Example
Integrated Supply Chain
25. Adding value to products by making them available when they're needed.
Four Subdivisions of Logistics
Time Utility Definition
Logistics Management
CIF
26. Form Utility
Common Culture
Utility(ies) associated with Production
Supply Chain Relationship
Four Subdivisions of Logistics
27. Free Alongside Ship
Customer (7 R's of logistics)
Performance Categories
FAS
Utility(ies) associated with Marketing
28. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
Order Cycle Time
Outbound
Performance Categories
29. 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).
Strategic Relationship
Event Logistics
Arm's Length
Logistics Management
30. Procurement and Manufacturing - value adding activities
Inventory
Order Cycle Time
Third Party Logistics Industry
Forecasting
31. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Council of Supply Chain Management
Inventory
NAFTA
Performance Measurement Issue
32. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Organizational Relationships Issue
Freight Forwarder
Internal Metrics
Forces Driving the Rate of Change
33. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Collaborative Relationship
Supply Chain Flows
Customer (7 R's of logistics)
Transactional Relationship
34. 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
Supply Chain Security Issue
Business Logistics
Physical Distribution
35. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Steps in implementing CRM
Export Management Companies
Component Support
Customer (7 R's of logistics)
36. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Strategic Role of I.T.
Empowered Customer Force
Balancing Supply/Demand
Third Party Logistics Industry
37. Relevant - Accurate - Accessible - Timely - Transferable
Information Requirements
External Metrics
Types of 3PLs
Logistics Activities
38. Right: information - partner - quantity - format - time - place - cost
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39. CFE - MSE - MAD - MAPE
Forecast Errors
Forces Driving the Rate of Change
ROA
Integrated Supply Chain
40. Vendor
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41. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Logistics
Strategic Example
Integrated Supply Chain
Transactional Relationship
42. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Supply Chain Issues
Council of Supply Chain Management
Military Logistics
CRM Customer Relationship Management
43. Reliability - Responsiveness - Flexibility - Cost - Assets
Information Requirements
Major categories of metrics
Transactional Relationship
Motor
44. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Order Cycle Time
Factors Affecting Demand
Government Regulations and Policy Force
Supply Chain Security Issue
45. 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
R's of Information
Logistics Activities
Information Requirements
Ports
46. 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.
S&OP
Government Regulations and Policy Force
Information Issue
Utility(ies) associated with Production
47. The time that elapses from when a buyer places an order until receipt of the order
WMS
Order Cycle Time
DDP
Supply Chain Definition
48. Time - Quality - Cost - Supporting Metrics
Performance Categories
C-TPAT
MRP
Top US imports from China
49. 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
ERP
Collaborative Example
Common Culture
Inventory Deployment Issue
50. Collaborative Planning - Forecasting - and Replenishment
Performance Categories
CPFR
Collaborative Example
Two Phases of order mgmt.