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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. Canada - China - Mexico
Top US trading partners
Information Issue
Order Cycle Time
Top US exports to China
2. Processes for developing and implementing successful relationship
The Micro Dimension
Supply Chain Relationship
WMS
NAFTA
3. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Major categories of metrics
Supply Chain Network Issue
Supply Chain Flows
Service Logistics
4. Cost - Insurance - and Freight
CIF
Forecasting
Supply Chain Issues
Place Utility Definition
5. Time Utility - Place Utility - Quantity Utility
Technology Issue
Steps in implementing CRM
Top US imports from China
Utility(ies) associated with Logistics
6. CFE - MSE - MAD - MAPE
Performance Measurement Issue
Forecast Errors
Types of 3PLs
WMS
7. Strategic Alliance
Inventory Deployment Issue
Major categories of metrics
Logistics
Strategic Example
8. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Freight Forwarder
Major categories of metrics
Steps in implementing CRM
WMS
9. 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
Technology Issue
Freight Forwarder
Logistics Activities
Organizational Consolidation Force
10. Producer to Store - servicing the customer
Outbound
Performance Categories
ERP
Ocean
11. Time - Quality - Cost - Supporting Metrics
External Metrics
Performance Categories
WMS
Value Added Role of Logistics (5 types of utility)
12. Product/Service - Information - Finance
Categories of Logistics Quantification Pyramid
Export Trading Companies
Supply Chain Flows
Council of Supply Chain Management
13. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Steps in implementing CRM
Component Support
Types of Forecasts
Strategic Example
14. Time - Dependability - Communications - Convenience
CFR
Inbound
Dimensions of customer service
Strategic Relationship
15. Return on Assets.
Categories of Logistics Quantification Pyramid
ROA
Internal Society of Logistics
Strategic Relationship
16. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Supply Chain Relationship
Supply Chain
Freight Forwarder
Physical Distribution
17. Management of Product/Service - Information - and Cash Flows.
Two Phases of order mgmt.
Supply Chain Definition
Transportation Management Issue
C-TPAT
18. Focuses on the outbound side of of a firm's logistics system.
Component Support
Physical Distribution
Global Markets Characteristics
MRP
19. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
External Metrics
Types of Forecasts
Supply Chain Definition
Form Utility Definition
20. Free Alongside Ship
ABC Activity-Based Costing
ROA
Event Logistics
FAS
21. Transportation Management System
Possession Utility
Customer Service
TMS
Inventory
22. Reliability - Responsiveness - Flexibility - Cost - Assets
Types of 3PLs
Export Trading Companies
Types of Forecasts
Major categories of metrics
23. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
DDP
Types of 3PLs
Strategic Role of I.T.
NAFTA
24. Form Utility
Empowered Customer Force
Supply Chain Relationship
Utility(ies) associated with Production
Forecast Errors
25. Right product - right time - right quantity - right quality - right cost - right destination
Cost/Value Issue
Order Cycle Time
Transportation Management Issue
DDP
26. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
TMS
Logistics
Performance Categories
Factors Affecting Demand
27. Fast - high rate
ROA
Inventory
Order Cycle Time
Air
28. Item Fill Rate - Line Fill Rate
NAFTA
Internal Metrics
Technology Issue
Factors Affecting Demand
29. Customers trade partnership against terrorism
C-TPAT
Globalization Force
Collaborative Example
Common Culture
30. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
WMS
Logistics
Forecast Errors
CRM Customer Relationship Management
31. The management of the movement of materials and information within - into - and out of the firm
ABC Activity-Based Costing
Inventory
Logistics Management
Council of Supply Chain Management
32. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Inventory
NAFTA
Council of Supply Chain Management
33. Analyze and evaluate on organizations efficiency over a time period.
Common Culture
Performance Measurement Issue
Military Logistics
Types of Forecasts
34. Influencing the order - order execution
Information Requirements
Categories of Logistics Quantification Pyramid
DDP
Two Phases of order mgmt.
35. Cost and Freight
CFR
WMS
Export Trading Companies
Global Markets Characteristics
36. Export goods and services to overseas buyers and handles most of the export arrangements.
Logistics Management
Export Trading Companies
Ocean
Empowered Customer Force
37. Procurement and Manufacturing - value adding activities
Internal Society of Logistics
Forecasting
Logistics
3rd Party Logistics
38. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Dimensions of customer service
Motor
Outbound
39. Adding value to products by making them available when they're needed.
Business Logistics
Inventory Deployment Issue
Strategic Example
Time Utility Definition
40. Electrical Machinery - Power Generation Equipment.
Utility(ies) associated with Production
Top US imports from China
Transactional Relationship
The Micro Dimension
41. 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
Strategic Role of I.T.
Logistics Management
Balancing Supply/Demand
Military Logistics
42. 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
Information Requirements
Immutable Laws of Collaborative Logistics
Freight Forwarder
Technology Force
43. Value added by delivering the proper amount of a good.
Internal Metrics
Component Support
Quantity Utility Definition
Freight Forwarder
44. Distribution Requirement Planning
DRP
Steps in implementing CRM
Top US trading partners
Immutable Laws of Collaborative Logistics
45. 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.
Integrated Supply Chain
4PL
External Metrics
Major categories of metrics
46. Anything that touches the customer
Time Utility Definition
TMS
Customer Service
Dimensions of customer service
47. Measures cost and performance of activities.
MRP
ABC Activity-Based Costing
Information Issue
ROA
48. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
NAFTA
Categories of Logistics Quantification Pyramid
Balancing Supply/Demand
Complexity Issue
49. The ________ is associated with downstream activities.
FAS
Possession Utility
CFR
Supply Chain
50. Warehouse Management System
Collaborative Example
Vertical Relationship
WMS
ABC Activity-Based Costing