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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. Delivered Duty Paid
Balancing Supply/Demand
DDP
Types of Forecasts
Forces Driving the Rate of Change
2. Time Utility - Place Utility - Quantity Utility
Order Cycle Time
TMS
Two Phases of order mgmt.
Utility(ies) associated with Logistics
3. Management of materials in motion and at rest.
Inventory
Strategic Role of I.T.
Transactional Relationship
Empowered Customer Force
4. Right: information - partner - quantity - format - time - place - cost
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5. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
CRM Customer Relationship Management
DDP
CFR
6. Producer to Store - servicing the customer
Transportation Management Issue
Outbound
FAS
Physical Distribution
7. Electrical Machinery - Power Generation Equipment
Council of Supply Chain Management
Supply Chain Flows
Top US exports to China
Types of 3PLs
8. Adding value to products by making them available when they're needed.
S&OP
Time Utility Definition
Top US exports to China
Types of Forecasts
9. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
CRM Customer Relationship Management
Performance Categories
Immutable Laws of Collaborative Logistics
Possession Utility
10. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Four Subdivisions of Logistics
Supply Chain Network Issue
Utility(ies) associated with Logistics
Complexity Issue
11. Plays large part in intermodal shipments.
Categories of Logistics Quantification Pyramid
NAFTA
Supply Chain Relationship
Motor
12. The time that elapses from when a buyer places an order until receipt of the order
Motor
Steps in implementing CRM
Inventory
Order Cycle Time
13. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Value Added Role of Logistics (5 types of utility)
Globalization Force
NAFTA
Arm's Length
14. Marketing - Manufacturing/operations - Finance - Accounting
Physical Distribution
The Micro Dimension
WMS
Balancing Supply/Demand
15. 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
Performance Measurement Issue
C-TPAT
Export Management Companies
Strategic Role of I.T.
16. 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.
Inbound
External Metrics
Council of Supply Chain Management
ABC Activity-Based Costing
17. The management of the movement of materials and information within - into - and out of the firm
Utility(ies) associated with Marketing
Quantity Utility Definition
Logistics Management
Export Trading Companies
18. Focuses on the outbound side of of a firm's logistics system.
Factors Affecting Demand
Physical Distribution
Military Logistics
FAS
19. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Complexity Issue
S&OP
Top US exports to China
Steps in implementing CRM
20. Procurement and Manufacturing - value adding activities
Forecasting
Dimensions of customer service
ERP
Service Logistics
21. Return on Assets.
ROA
Inventory Deployment Issue
S&OP
Quantity Utility Definition
22. Export goods and services to overseas buyers and handles most of the export arrangements.
Supply Chain Network Issue
Business Logistics
Outbound
Export Trading Companies
23. Challenge is to evaluate and successfully implement the technology
WMS
Technology Issue
Quantity Utility Definition
Supply Chain Relationship
24. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
DRP
Information Requirements
S&OP
Global Markets Characteristics
25. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Export Management Companies
Component Support
Internal Metrics
FAS
26. Business Logistics - Military Logistics - Event Logistics - Service Logistics
C-TPAT
Transportation Management Issue
Supply Chain Definition
Four Subdivisions of Logistics
27. Possession Utility
Performance Categories
Steps in implementing CRM
Utility(ies) associated with Marketing
Ocean
28. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Cost/Value Issue
Four Subdivisions of Logistics
Common Culture
Strategic Role of I.T.
29. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Dimensions of customer service
DDP
Order Cycle Time
Technology Force
30. Influences product availability
4PL
Supply Chain
Four Subdivisions of Logistics
Order Cycle Time
31. Enterprise Resource Planning
Empowered Customer Force
Four Subdivisions of Logistics
Internal Society of Logistics
ERP
32. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Performance Measurement Issue
Factors Affecting Demand
Information Requirements
Types of 3PLs
33. Right product - right time - right quantity - right quality - right cost - right destination
Strategic Relationship
Transportation Management Issue
Globalization Force
C-TPAT
34. 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).
S&OP
DRP
ABC Activity-Based Costing
Event Logistics
35. The ________ is associated with downstream activities.
Performance Measurement Issue
Globalization Force
Ports
Supply Chain
36. Cost - Insurance - and Freight
Types of 3PLs
Immutable Laws of Collaborative Logistics
CIF
MRP
37. Strategic Alliance
C-TPAT
Types of Forecasts
Strategic Example
Performance Categories
38. Processes for developing and implementing successful relationship
Supply Chain
Service Logistics
Supply Chain Relationship
Utility(ies) associated with Logistics
39. Distribution Requirement Planning
ERP
Freight Forwarder
Council of Supply Chain Management
DRP
40. 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
Organizational Relationships Issue
Categories of Logistics Quantification Pyramid
Business Logistics
Value Added Role of Logistics (5 types of utility)
41. Free Alongside Ship
Quantity Utility Definition
FAS
3rd Party Logistics
The Micro Dimension
42. Customers trade partnership against terrorism
Freight Forwarder
C-TPAT
DRP
CIF
43. Transportation Management System
3rd Party Logistics
DDP
TMS
Ports
44. Product/Service - Information - Finance
Empowered Customer Force
Supply Chain Flows
Cost/Value Issue
Horizontal Relationships
45. Both parties in a vendor relational are said to be at "arm's" length.
Logistics Activities
Transactional Relationship
Supply Chain Issues
Transportation Management Issue
46. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Dimensions of customer service
Logistics Activities
Integrated Supply Chain
Organizational Consolidation Force
47. The most pervasive and important global shipment method. Low rates - wide variety of products
C-TPAT
Types of Forecasts
Forces Driving the Rate of Change
Ocean
48. Enlightened - Educated - easy access to Internet
S&OP
Empowered Customer Force
Quantity Utility Definition
Logistics
49. Anything that touches the customer
Supply Chain Issues
WMS
C-TPAT
Customer Service
50. Measures cost and performance of activities.
ABC Activity-Based Costing
Form Utility Definition
Internal Society of Logistics
DRP