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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. Measures cost and performance of activities.
ABC Activity-Based Costing
Inbound
Information Issue
R's of Information
2. 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
Strategic Relationship
Internal Metrics
Outbound
3. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Utility(ies) associated with Logistics
Performance Measurement Issue
Supply Chain Security Issue
Internal Society of Logistics
4. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
CRM Customer Relationship Management
Strategic Role of I.T.
Event Logistics
Immutable Laws of Collaborative Logistics
5. Procurement and Manufacturing - value adding activities
Transportation Management Issue
Forecasting
Supply Chain Flows
Export Management Companies
6. Customers trade partnership against terrorism
Form Utility Definition
C-TPAT
ERP
Forces Driving the Rate of Change
7. Influencing the order - order execution
Supply Chain Security Issue
Utility(ies) associated with Marketing
Two Phases of order mgmt.
Top US trading partners
8. Organizations require collaboration or cooperation.
Common Culture
Organizational Relationships Issue
TMS
Inventory
9. Item Fill Rate - Line Fill Rate
Ports
Collaborative Relationship
Balancing Supply/Demand
Internal Metrics
10. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Freight Forwarder
Cost/Value Issue
Technology Issue
Internal Society of Logistics
11. Time - Quality - Cost - Supporting Metrics
CFR
Information Issue
Performance Categories
Logistics Management
12. Procurement and Manufacturing - value adding activities
WMS
DRP
Transactional Relationship
Inbound
13. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Possession Utility
Factors Affecting Demand
Immutable Laws of Collaborative Logistics
14. 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.
Council of Supply Chain Management
4PL
Logistics
Supply Chain Issues
15. Electrical Machinery - Power Generation Equipment.
Common Culture
Top US imports from China
Transactional Relationship
Cost/Value Issue
16. Marketing - Manufacturing/operations - Finance - Accounting
Performance Measurement Issue
The Micro Dimension
WMS
Supply Chain Issues
17. Possession Utility
Council of Supply Chain Management
CPFR
Utility(ies) associated with Marketing
Supply Chain Relationship
18. Plays large part in intermodal shipments.
ABC Activity-Based Costing
Supply Chain Definition
Motor
Information Issue
19. The most pervasive and important global shipment method. Low rates - wide variety of products
DDP
Order Cycle Time
Motor
Ocean
20. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Balancing Supply/Demand
Physical Distribution
Organizational Consolidation Force
Customer Service
21. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Cost/Value Issue
Forecast Errors
Internal Society of Logistics
Technology Force
22. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Collaborative Relationship
Component Support
Supply Chain Issues
Transactional Relationship
23. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Quantity Utility Definition
Factors Affecting Demand
Supply Chain Relationship
Categories of Logistics Quantification Pyramid
24. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Council of Supply Chain Management
Strategic Relationship
Forces Driving the Rate of Change
Organizational Relationships Issue
25. Right product - right time - right quantity - right quality - right cost - right destination
Transportation Management Issue
Categories of Logistics Quantification Pyramid
4PL
Information Requirements
26. Challenge is to evaluate and successfully implement the technology
WMS
DDP
Technology Issue
Collaborative Relationship
27. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Technology Issue
FAS
Internal Society of Logistics
Balancing Supply/Demand
28. Export goods and services to overseas buyers and handles most of the export arrangements.
Component Support
Ports
Freight Forwarder
Export Trading Companies
29. 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.
Transportation Management Issue
CPFR
Internal Metrics
Council of Supply Chain Management
30. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Performance Measurement Issue
ERP
Logistics Management
31. Distribution Requirement Planning
Service Logistics
Types of Forecasts
DRP
Logistics Management
32. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Utility(ies) associated with Production
Immutable Laws of Collaborative Logistics
Complexity Issue
NAFTA
33. Strategic Alliance
Types of Forecasts
Strategic Example
Utility(ies) associated with Marketing
Organizational Consolidation Force
34. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
The Micro Dimension
Freight Forwarder
Factors Affecting Demand
Arm's Length
35. The ________ is associated with downstream activities.
Supply Chain
Steps in implementing CRM
DRP
ABC Activity-Based Costing
36. Transportation Management System
Performance Categories
TMS
Integrated Supply Chain
Internal Metrics
37. Free Alongside Ship
Inventory Deployment Issue
Third Party Logistics Industry
Transactional Relationship
FAS
38. Producer to Store - servicing the customer
Forecast Errors
Military Logistics
Outbound
Utility(ies) associated with Marketing
39. Form - Time - Place - Quantity - Possession
Form Utility Definition
Value Added Role of Logistics (5 types of utility)
Dimensions of customer service
Physical Distribution
40. Anything that touches the customer
Top US imports from China
Customer Service
Supply Chain Definition
Air
41. An external supplier that performs all or part of a company's logistics functions.
3rd Party Logistics
Types of 3PLs
Top US exports to China
TMS
42. Value added to goods through a manufacturing or assembly process.
Export Management Companies
Supply Chain
Empowered Customer Force
Form Utility Definition
43. Time Utility - Place Utility - Quantity Utility
Export Trading Companies
Utility(ies) associated with Logistics
Ports
NAFTA
44. Vendor
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45. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Immutable Laws of Collaborative Logistics
Internal Metrics
Component Support
Global Markets Characteristics
46. Critical part of global supply chains
Strategic Example
Collaborative Example
Ports
Integrated Supply Chain
47. Reliability - Responsiveness - Flexibility - Cost - Assets
Forecasting
Major categories of metrics
Internal Society of Logistics
Supply Chain Flows
48. 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.
Military Logistics
Time Utility Definition
CRM Customer Relationship Management
Immutable Laws of Collaborative Logistics
49. Return on Assets.
Dimensions of customer service
Major categories of metrics
ROA
Quantity Utility Definition
50. 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
Information Requirements
Strategic Example
Physical Distribution