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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. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Transactional Relationship
Four Subdivisions of Logistics
Internal Society of Logistics
Empowered Customer Force
2. Possession Utility
Outbound
C-TPAT
Council of Supply Chain Management
Utility(ies) associated with Marketing
3. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Utility(ies) associated with Logistics
Component Support
Service Logistics
Collaborative Example
4. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Supply Chain Security Issue
R's of Information
Forecast Errors
5. 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.
Top US exports to China
Military Logistics
Arm's Length
Major categories of metrics
6. Free Alongside Ship
FAS
Types of 3PLs
Utility(ies) associated with Logistics
Service Logistics
7. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Immutable Laws of Collaborative Logistics
Integrated Supply Chain
Freight Forwarder
Customer Service
8. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Freight Forwarder
MRP
Council of Supply Chain Management
Categories of Logistics Quantification Pyramid
9. 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
Dimensions of customer service
Supply Chain Relationship
Immutable Laws of Collaborative Logistics
Performance Categories
10. Anything that touches the customer
Customer Service
Collaborative Example
Internal Society of Logistics
Major categories of metrics
11. Transportation Management System
Strategic Example
Place Utility Definition
TMS
Common Culture
12. CFE - MSE - MAD - MAPE
Supply Chain Issues
R's of Information
DDP
Forecast Errors
13. Challenge is to evaluate and successfully implement the technology
Globalization Force
Technology Issue
Transactional Relationship
Ocean
14. Value added by delivering the proper amount of a good.
Service Logistics
Vertical Relationship
Steps in implementing CRM
Quantity Utility Definition
15. Materials Requirement Planning
NAFTA
Supply Chain Flows
Vertical Relationship
MRP
16. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Inventory Deployment Issue
Military Logistics
Factors Affecting Demand
Government Regulations and Policy Force
17. 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
Event Logistics
NAFTA
Common Culture
Balancing Supply/Demand
18. Vendor
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19. Influences product availability
Strategic Relationship
FAS
NAFTA
Order Cycle Time
20. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Freight Forwarder
Collaborative Relationship
Two Phases of order mgmt.
Complexity Issue
21. Producer to Store - servicing the customer
Outbound
Inventory Deployment Issue
Possession Utility
Categories of Logistics Quantification Pyramid
22. Right: information - partner - quantity - format - time - place - cost
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23. The most pervasive and important global shipment method. Low rates - wide variety of products
Collaborative Example
Time Utility Definition
Ocean
Globalization Force
24. Influencing the order - order execution
Two Phases of order mgmt.
Information Requirements
Strategic Relationship
The Micro Dimension
25. Electrical Machinery - Power Generation Equipment.
Top US imports from China
WMS
Forces Driving the Rate of Change
Place Utility Definition
26. Plays large part in intermodal shipments.
Strategic Relationship
Supply Chain Definition
Motor
Time Utility Definition
27. Enlightened - Educated - easy access to Internet
Top US imports from China
Logistics Management
Event Logistics
Empowered Customer Force
28. Act as agents for domestic firms in the international arena.
Technology Issue
Collaborative Relationship
Vertical Relationship
Export Management Companies
29. Warehouse Management System
WMS
Business Logistics
ABC Activity-Based Costing
Inventory
30. Adding value to products by having them where people want them.
Place Utility Definition
Logistics Activities
Quantity Utility Definition
Steps in implementing CRM
31. 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.
Collaborative Example
Council of Supply Chain Management
Freight Forwarder
CPFR
32. Time Utility - Place Utility - Quantity Utility
Types of 3PLs
Utility(ies) associated with Logistics
Supply Chain Security Issue
Collaborative Example
33. Critical part of global supply chains
Ports
Business Logistics
Empowered Customer Force
Logistics Activities
34. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Arm's Length
Customer (7 R's of logistics)
The Micro Dimension
35. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
External Metrics
TMS
Two Phases of order mgmt.
Vertical Relationship
36. The ________ is associated with downstream activities.
Transportation Management Issue
Supply Chain
Top US imports from China
Top US trading partners
37. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Categories of Logistics Quantification Pyramid
Supply Chain
Cost/Value Issue
3rd Party Logistics
38. Measures cost and performance of activities.
Utility(ies) associated with Logistics
Cost/Value Issue
ABC Activity-Based Costing
Common Culture
39. Relevant - Accurate - Accessible - Timely - Transferable
Performance Categories
Information Requirements
Transactional Relationship
Internal Metrics
40. Primarily created through the basic marketing activities related to the promotion of products and services -
Outbound
Types of 3PLs
Factors Affecting Demand
Possession Utility
41. 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
Air
DDP
Logistics Activities
Transactional Relationship
42. 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
CRM Customer Relationship Management
The Micro Dimension
Time Utility Definition
43. Free On Board
FOB
Globalization Force
Major categories of metrics
Cost/Value Issue
44. Strategic Alliance
TMS
Business Logistics
Steps in implementing CRM
Strategic Example
45. Time - Dependability - Communications - Convenience
Major categories of metrics
Organizational Relationships Issue
Dimensions of customer service
Physical Distribution
46. An external supplier that performs all or part of a company's logistics functions.
Technology Issue
3rd Party Logistics
Organizational Consolidation Force
Third Party Logistics Industry
47. Form Utility
Order Cycle Time
Utility(ies) associated with Production
WMS
Order Cycle Time
48. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Empowered Customer Force
Supply Chain Relationship
Strategic Relationship
MRP
49. Cost and Freight
Government Regulations and Policy Force
Top US imports from China
Forces Driving the Rate of Change
CFR
50. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
4PL
CRM Customer Relationship Management
Freight Forwarder