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

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2. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






3. Cost and Freight






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






5. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico






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






7. Procurement and Manufacturing - value adding activities






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






9. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






10. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






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






13. Procurement and Manufacturing - value adding activities






14. CFE - MSE - MAD - MAPE






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






16. Critical part of global supply chains






17. Organizations require collaboration or cooperation.






18. Item Fill Rate - Line Fill Rate






19. Enterprise Resource Planning






20. 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






21. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






22. Enlightened - Educated - easy access to Internet






23. Anything that touches the customer






24. Management of materials in motion and at rest.






25. Warehouse Management System






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






27. Customers trade partnership against terrorism






28. Transportation Management System






29. Delivered Duty Paid






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






31. 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






32. Marketing - Manufacturing/operations - Finance - Accounting






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






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






35. Influencing the order - order execution






36. Time Utility - Place Utility - Quantity Utility






37. Cost - Insurance - and Freight






38. 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.






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






40. Electrical Machinery - Power Generation Equipment






41. The ________ is associated with downstream activities.






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






43. Influences product availability






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






45. Producer to Store - servicing the customer






46. Partner






47. Plays large part in intermodal shipments.






48. Form - Time - Place - Quantity - Possession






49. Collaborative Planning - Forecasting - and Replenishment






50. Return on Assets.







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Can you answer 50 questions in 15 minutes?


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