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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. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Strategic Relationship
Utility(ies) associated with Logistics
Export Management Companies
Utility(ies) associated with Marketing
2. Sales and Order Processing
S&OP
Two Phases of order mgmt.
Supply Chain Issues
Supply Chain Security Issue
3. Free On Board
Factors Affecting Demand
FOB
Logistics Activities
Supply Chain Definition
4. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Performance Categories
MRP
Common Culture
Inventory Deployment Issue
5. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
ERP
Organizational Relationships Issue
Technology Issue
6. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Two Phases of order mgmt.
DRP
Collaborative Example
Categories of Logistics Quantification Pyramid
7. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Organizational Consolidation Force
Utility(ies) associated with Marketing
Transactional Relationship
CPFR
8. Vendor
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9. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Global Markets Characteristics
Complexity Issue
Inventory
C-TPAT
10. Challenge is to evaluate and successfully implement the technology
Collaborative Example
C-TPAT
Technology Issue
Air
11. 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
Business Logistics
Utility(ies) associated with Logistics
FAS
Freight Forwarder
12. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
CRM Customer Relationship Management
Cost/Value Issue
Utility(ies) associated with Marketing
Transactional Relationship
13. Influencing the order - order execution
Two Phases of order mgmt.
Factors Affecting Demand
Internal Society of Logistics
Types of 3PLs
14. Enterprise Resource Planning
FOB
Export Trading Companies
Strategic Relationship
ERP
15. The most pervasive and important global shipment method. Low rates - wide variety of products
Forces Driving the Rate of Change
Ocean
CRM Customer Relationship Management
Supply Chain Definition
16. Focuses on the outbound side of of a firm's logistics system.
Council of Supply Chain Management
Performance Categories
Physical Distribution
Supply Chain
17. Electrical Machinery - Power Generation Equipment
Top US trading partners
Immutable Laws of Collaborative Logistics
Service Logistics
Top US exports to China
18. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Outbound
FOB
Factors Affecting Demand
Logistics Activities
19. Canada - China - Mexico
Top US trading partners
CFR
Inventory
Physical Distribution
20. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Supply Chain Security Issue
ERP
Categories of Logistics Quantification Pyramid
Possession Utility
21. Primarily created through the basic marketing activities related to the promotion of products and services -
Event Logistics
Strategic Example
Forces Driving the Rate of Change
Possession Utility
22. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Types of Forecasts
Types of 3PLs
Event Logistics
Business Logistics
23. Time - Dependability - Communications - Convenience
Air
Categories of Logistics Quantification Pyramid
Place Utility Definition
Dimensions of customer service
24. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Horizontal Relationships
Transportation Management Issue
Internal Metrics
Complexity Issue
25. Order Fill Rate - Perfect Order
External Metrics
Empowered Customer Force
Performance Categories
Business Logistics
26. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Types of Forecasts
Transactional Relationship
Steps in implementing CRM
Technology Force
27. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Customer (7 R's of logistics)
Transactional Relationship
Ports
Balancing Supply/Demand
28. Value added to goods through a manufacturing or assembly process.
Steps in implementing CRM
Form Utility Definition
Time Utility Definition
Customer (7 R's of logistics)
29. Marketing - Manufacturing/operations - Finance - Accounting
Four Subdivisions of Logistics
Utility(ies) associated with Production
The Micro Dimension
Internal Metrics
30. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Steps in implementing CRM
Customer (7 R's of logistics)
Internal Society of Logistics
Logistics Management
31. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Types of 3PLs
Arm's Length
Empowered Customer Force
Forces Driving the Rate of Change
32. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
R's of Information
DRP
Empowered Customer Force
33. Influences product availability
Order Cycle Time
Freight Forwarder
Collaborative Example
Information Issue
34. Procurement and Manufacturing - value adding activities
Immutable Laws of Collaborative Logistics
Export Trading Companies
Inbound
Supply Chain Definition
35. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Freight Forwarder
Service Logistics
Four Subdivisions of Logistics
Form Utility Definition
36. Materials Requirement Planning
FAS
MRP
WMS
Common Culture
37. Both parties in a vendor relational are said to be at "arm's" length.
Supply Chain Security Issue
Air
Transactional Relationship
Four Subdivisions of Logistics
38. Procurement and Manufacturing - value adding activities
CIF
Forecasting
Customer (7 R's of logistics)
Two Phases of order mgmt.
39. Value added by delivering the proper amount of a good.
Quantity Utility Definition
DDP
Supply Chain Definition
Cost/Value Issue
40. Cost and Freight
CRM Customer Relationship Management
Empowered Customer Force
CFR
Collaborative Relationship
41. Cost - Insurance - and Freight
Top US exports to China
Internal Society of Logistics
Strategic Example
CIF
42. Organizations require collaboration or cooperation.
Inventory
Customer (7 R's of logistics)
Organizational Relationships Issue
Internal Metrics
43. 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.
CIF
Information Issue
Component Support
Top US trading partners
44. Partner
Order Cycle Time
Component Support
Motor
Collaborative Example
45. Warehouse Management System
NAFTA
Organizational Consolidation Force
FOB
WMS
46. Time Utility - Place Utility - Quantity Utility
Performance Measurement Issue
Form Utility Definition
Utility(ies) associated with Logistics
C-TPAT
47. 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
R's of Information
NAFTA
The Micro Dimension
48. Export goods and services to overseas buyers and handles most of the export arrangements.
Export Trading Companies
Internal Metrics
Empowered Customer Force
Top US trading partners
49. 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.
Performance Categories
Military Logistics
Form Utility Definition
ABC Activity-Based Costing
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
Motor
Order Cycle Time
Balancing Supply/Demand
Immutable Laws of Collaborative Logistics