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Test your basic knowledge |
Business Logistics Management
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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
Internal Society of Logistics
Council of Supply Chain Management
CFR
2. Analyze and evaluate on organizations efficiency over a time period.
Performance Measurement Issue
Information Issue
Integrated Supply Chain
Supply Chain Flows
3. Value added to goods through a manufacturing or assembly process.
Internal Society of Logistics
Supply Chain Network Issue
Ocean
Form Utility Definition
4. Procurement and Manufacturing - value adding activities
Forecasting
Customer (7 R's of logistics)
Possession Utility
S&OP
5. Electrical Machinery - Power Generation Equipment.
Strategic Example
Inventory
Top US imports from China
Technology Issue
6. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Order Cycle Time
Supply Chain Security Issue
Types of 3PLs
Customer (7 R's of logistics)
7. Transportation Management System
External Metrics
TMS
Supply Chain Flows
Organizational Consolidation Force
8. Right: information - partner - quantity - format - time - place - cost
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9. Challenge is to evaluate and successfully implement the technology
Two Phases of order mgmt.
Balancing Supply/Demand
Technology Issue
Customer Service
10. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Forecasting
Inbound
Forces Driving the Rate of Change
Utility(ies) associated with Production
11. Free Alongside Ship
Factors Affecting Demand
Common Culture
Supply Chain
FAS
12. Sales and Order Processing
S&OP
Forces Driving the Rate of Change
Dimensions of customer service
Form Utility Definition
13. CFE - MSE - MAD - MAPE
Military Logistics
Globalization Force
Inbound
Forecast Errors
14. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
WMS
Factors Affecting Demand
Third Party Logistics Industry
Categories of Logistics Quantification Pyramid
15. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Supply Chain Definition
Internal Society of Logistics
Forecast Errors
Business Logistics
16. Collaborative Planning - Forecasting - and Replenishment
CPFR
Utility(ies) associated with Logistics
Customer Service
Component Support
17. Procurement and Manufacturing - value adding activities
Order Cycle Time
Component Support
Third Party Logistics Industry
Inbound
18. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
CRM Customer Relationship Management
Outbound
Organizational Relationships Issue
Freight Forwarder
19. Adding value to products by having them where people want them.
Forecasting
Place Utility Definition
Export Management Companies
Military Logistics
20. Plays large part in intermodal shipments.
Utility(ies) associated with Logistics
Motor
Strategic Role of I.T.
Business Logistics
21. Free On Board
FOB
Balancing Supply/Demand
Time Utility Definition
Motor
22. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Third Party Logistics Industry
Inventory Deployment Issue
Transportation Management Issue
Strategic Relationship
23. How firms in this industry create value for their commercial clients
CPFR
Service Logistics
Internal Metrics
Third Party Logistics Industry
24. Form Utility
Utility(ies) associated with Production
Time Utility Definition
Performance Measurement Issue
Order Cycle Time
25. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Top US trading partners
Four Subdivisions of Logistics
Common Culture
Customer (7 R's of logistics)
26. 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.
4PL
Supply Chain Network Issue
CPFR
Logistics
27. Management of materials in motion and at rest.
Organizational Relationships Issue
Internal Society of Logistics
Outbound
Inventory
28. 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
Logistics
ROA
Immutable Laws of Collaborative Logistics
Common Culture
29. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Major categories of metrics
Organizational Relationships Issue
Logistics
Vertical Relationship
30. Act as agents for domestic firms in the international arena.
Service Logistics
Export Management Companies
Utility(ies) associated with Production
Four Subdivisions of Logistics
31. Right product - right time - right quantity - right quality - right cost - right destination
Transportation Management Issue
Organizational Relationships Issue
Logistics
Forecast Errors
32. Focuses on the outbound side of of a firm's logistics system.
Performance Categories
Form Utility Definition
Physical Distribution
Common Culture
33. Delivered Duty Paid
Outbound
DDP
Performance Categories
Top US trading partners
34. Warehouse Management System
WMS
Globalization Force
ROA
CRM Customer Relationship Management
35. Anything that touches the customer
Integrated Supply Chain
Air
Transportation Management Issue
Customer Service
36. Marketing - Manufacturing/operations - Finance - Accounting
Place Utility Definition
Order Cycle Time
The Micro Dimension
Business Logistics
37. Producer to Store - servicing the customer
Forecasting
Outbound
Cost/Value Issue
Utility(ies) associated with Production
38. Influencing the order - order execution
Types of Forecasts
FOB
Export Trading Companies
Two Phases of order mgmt.
39. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Supply Chain Network Issue
Immutable Laws of Collaborative Logistics
R's of Information
40. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
CRM Customer Relationship Management
Component Support
Logistics
Empowered Customer Force
41. Reliability - Responsiveness - Flexibility - Cost - Assets
Major categories of metrics
Technology Force
External Metrics
Steps in implementing CRM
42. Organizations require collaboration or cooperation.
Technology Force
Organizational Relationships Issue
Internal Metrics
CRM Customer Relationship Management
43. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Inbound
Globalization Force
CRM Customer Relationship Management
Supply Chain Issues
44. 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.
WMS
FOB
Order Cycle Time
Military Logistics
45. 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
Organizational Consolidation Force
Types of Forecasts
Collaborative Example
46. 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.
Internal Metrics
Information Issue
Inventory Deployment Issue
Government Regulations and Policy Force
47. Time - Dependability - Communications - Convenience
Freight Forwarder
Dimensions of customer service
Export Trading Companies
Four Subdivisions of Logistics
48. Electrical Machinery - Power Generation Equipment
Top US exports to China
Cost/Value Issue
R's of Information
FOB
49. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Supply Chain
The Micro Dimension
R's of Information
Steps in implementing CRM
50. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Empowered Customer Force
Types of 3PLs
Global Markets Characteristics
Transportation Management Issue