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. 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






2. Processes for developing and implementing successful relationship






3. Time - Quality - Cost - Supporting Metrics






4. Challenge is to evaluate and successfully implement the technology






5. Value added to goods through a manufacturing or assembly process.






6. Sales and Order Processing






7. Time Utility - Place Utility - Quantity Utility






8. Return on Assets.






9. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






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






11. Plays large part in intermodal shipments.






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






13. Vendor

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14. Export goods and services to overseas buyers and handles most of the export arrangements.






15. Time - Dependability - Communications - Convenience






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






17. 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






18. Free Alongside Ship






19. Procurement and Manufacturing - value adding activities






20. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






21. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






22. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






23. Transportation Management System






24. Electrical Machinery - Power Generation Equipment






25. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base






26. CFE - MSE - MAD - MAPE






27. Customers trade partnership against terrorism






28. Order Fill Rate - Perfect Order






29. Measures cost and performance of activities.






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






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






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






33. 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






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






35. Getting the right product - to the right customer - in the right quantity - in the right condition - at the right place - at the right time - and at the right cost.

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36. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






37. Influencing the order - order execution






38. Enterprise Resource Planning






39. Business Logistics - Military Logistics - Event Logistics - Service Logistics






40. 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.






41. 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.






42. 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.






43. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






44. Enlightened - Educated - easy access to Internet






45. Relevant - Accurate - Accessible - Timely - Transferable






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






47. Warehouse Management System






48. An external supplier that performs all or part of a company's logistics functions.






49. Anything that touches the customer






50. The management of the movement of materials and information within - into - and out of the firm