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






2. The ________ is associated with downstream activities.






3. 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






4. Challenge is to evaluate and successfully implement the technology






5. Relevant - Accurate - Accessible - Timely - Transferable






6. Organizations require collaboration or cooperation.






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






8. Cost and Freight






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






10. Electrical Machinery - Power Generation Equipment.






11. Time - Dependability - Communications - Convenience






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






13. Product/Service - Information - Finance






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






15. Anything that touches the customer






16. Procurement and Manufacturing - value adding activities






17. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






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






19. Enlightened - Educated - easy access to Internet






20. Partner






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






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






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






24. Order Fill Rate - Perfect Order






25. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






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






27. Adding value to products by making them available when they're needed.






28. 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






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






30. Procurement and Manufacturing - value adding activities






31. Canada - China - Mexico






32. 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






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






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






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






36. 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).






37. 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






38. Influencing the order - order execution






39. Management of Product/Service - Information - and Cash Flows.






40. Sales and Order Processing






41. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






42. Fast - high rate






43. Cost - Insurance - and Freight






44. Electrical Machinery - Power Generation Equipment






45. The time that elapses from when a buyer places an order until receipt of the order






46. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






47. Critical part of global supply chains






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






49. Transportation Management System






50. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)