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. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






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






3. Product/Service - Information - Finance






4. Customers trade partnership against terrorism






5. Marketing - Manufacturing/operations - Finance - Accounting






6. Right: information - partner - quantity - format - time - place - cost


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






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






9. Processes for developing and implementing successful relationship






10. Enterprise Resource Planning






11. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






12. Procurement and Manufacturing - value adding activities






13. 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.






14. Time - Dependability - Communications - Convenience






15. 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.






16. Possession Utility






17. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






19. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






20. Collaborative Planning - Forecasting - and Replenishment






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






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






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






24. Return on Assets.






25. Order Fill Rate - Perfect Order






26. Analyze and evaluate on organizations efficiency over a time period.






27. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






29. 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






30. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






31. Value added to goods through a manufacturing or assembly process.






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






33. How firms in this industry create value for their commercial clients






34. 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






35. Time - Quality - Cost - Supporting Metrics






36. Form - Time - Place - Quantity - Possession






37. Influences product availability






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






39. Strategic Alliance






40. Challenge is to evaluate and successfully implement the technology






41. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






42. Plays large part in intermodal shipments.






43. Free Alongside Ship






44. Transportation Management System






45. Deregulation: Transportation - Communications - and Financial Institutions






46. Delivered Duty Paid






47. Partner






48. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






49. 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.


50. Cost - Insurance - and Freight