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. Organizations require collaboration or cooperation.






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






4. Management of materials in motion and at rest.






5. Enterprise Resource Planning






6. Influencing the order - order execution






7. Producer to Store - servicing the customer






8. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






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






10. Possession Utility






11. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






12. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






13. Marketing - Manufacturing/operations - Finance - Accounting






14. 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.






15. Enlightened - Educated - easy access to Internet






16. 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






17. Partner






18. The ________ is associated with downstream activities.






19. Cost and Freight






20. Cost - Insurance - and Freight






21. Right product - right time - right quantity - right quality - right cost - right destination






22. Transportation Management System






23. Delivered Duty Paid






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).






25. Focuses on the outbound side of of a firm's logistics system.






26. Time - Quality - Cost - Supporting Metrics






27. Anything that touches the customer






28. Reliability - Responsiveness - Flexibility - Cost - Assets






29. Plays large part in intermodal shipments.






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






31. Challenge is to evaluate and successfully implement the technology






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






33. Form Utility






34. Distribution Requirement Planning






35. Time - Dependability - Communications - Convenience






36. Free Alongside Ship






37. 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






38. Fast - high rate






39. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






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






41. Measures cost and performance of activities.






42. Primarily created through the basic marketing activities related to the promotion of products and services -






43. Item Fill Rate - Line Fill Rate






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






45. Value added by delivering the proper amount of a good.






46. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






47. An external supplier that performs all or part of a company's logistics functions.






48. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






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






50. Vendor

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