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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. The ________ is associated with downstream activities.
Supply Chain
C-TPAT
Steps in implementing CRM
Possession Utility
2. Anything that touches the customer
Motor
Ocean
Customer Service
Types of 3PLs
3. 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.
Supply Chain Issues
Supply Chain Flows
Strategic Relationship
Information Issue
4. Free On Board
Factors Affecting Demand
Air
FOB
Export Management Companies
5. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Global Markets Characteristics
Customer (7 R's of logistics)
The Micro Dimension
Business Logistics
6. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
MRP
Categories of Logistics Quantification Pyramid
Technology Force
Utility(ies) associated with Production
7. Fast - high rate
Cost/Value Issue
Value Added Role of Logistics (5 types of utility)
Global Markets Characteristics
Air
8. Measures cost and performance of activities.
ABC Activity-Based Costing
Categories of Logistics Quantification Pyramid
Government Regulations and Policy Force
Technology Issue
9. Deregulation: Transportation - Communications - and Financial Institutions
Integrated Supply Chain
Logistics
Types of Forecasts
Government Regulations and Policy Force
10. Product/Service - Information - Finance
CPFR
R's of Information
Types of 3PLs
Supply Chain Flows
11. Procurement and Manufacturing - value adding activities
MRP
Outbound
Logistics Activities
Forecasting
12. Value added to goods through a manufacturing or assembly process.
Four Subdivisions of Logistics
Form Utility Definition
Strategic Role of I.T.
Inventory Deployment Issue
13. Collaborative Planning - Forecasting - and Replenishment
Types of 3PLs
CIF
CPFR
Physical Distribution
14. Right: information - partner - quantity - format - time - place - cost
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15. Free Alongside Ship
Two Phases of order mgmt.
FAS
Motor
Top US exports to China
16. Cost and Freight
Strategic Relationship
CFR
Council of Supply Chain Management
FAS
17. Adding value to products by making them available when they're needed.
NAFTA
Top US exports to China
Information Requirements
Time Utility Definition
18. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Event Logistics
Collaborative Relationship
Internal Society of Logistics
Outbound
19. Focuses on the outbound side of of a firm's logistics system.
Information Requirements
Physical Distribution
Immutable Laws of Collaborative Logistics
Types of Forecasts
20. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Steps in implementing CRM
Information Issue
Order Cycle Time
Supply Chain Relationship
21. Critical part of global supply chains
Transactional Relationship
Vertical Relationship
Ports
Supply Chain Security Issue
22. Electrical Machinery - Power Generation Equipment.
Top US imports from China
Service Logistics
Forecasting
Performance Measurement Issue
23. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Supply Chain Network Issue
ERP
NAFTA
Forces Driving the Rate of Change
24. Business Logistics - Military Logistics - Event Logistics - Service Logistics
ABC Activity-Based Costing
Top US imports from China
Four Subdivisions of Logistics
Major categories of metrics
25. Reliability - Responsiveness - Flexibility - Cost - Assets
Globalization Force
Inbound
ROA
Major categories of metrics
26. Customers trade partnership against terrorism
Categories of Logistics Quantification Pyramid
Major categories of metrics
C-TPAT
Collaborative Example
27. Marketing - Manufacturing/operations - Finance - Accounting
Possession Utility
The Micro Dimension
3rd Party Logistics
Supply Chain Network Issue
28. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Supply Chain Security Issue
Dimensions of customer service
Types of Forecasts
CRM Customer Relationship Management
29. 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).
Event Logistics
3rd Party Logistics
Forces Driving the Rate of Change
TMS
30. Enterprise Resource Planning
Collaborative Relationship
Strategic Role of I.T.
Internal Metrics
ERP
31. Return on Assets.
Types of 3PLs
ROA
Performance Categories
Utility(ies) associated with Logistics
32. Delivered Duty Paid
Utility(ies) associated with Logistics
Outbound
DDP
Integrated Supply Chain
33. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Form Utility Definition
Balancing Supply/Demand
DRP
34. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Form Utility Definition
Internal Metrics
Inventory Deployment Issue
35. Canada - China - Mexico
NAFTA
Dimensions of customer service
Top US trading partners
Supply Chain Definition
36. 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
Possession Utility
R's of Information
Component Support
37. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Freight Forwarder
S&OP
Order Cycle Time
Empowered Customer Force
38. 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
Ports
NAFTA
Strategic Role of I.T.
Transactional Relationship
39. Both parties in a vendor relational are said to be at "arm's" length.
Collaborative Example
Transactional Relationship
Utility(ies) associated with Marketing
Motor
40. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Customer (7 R's of logistics)
Types of 3PLs
4PL
Logistics
41. Sales and Order Processing
CIF
Top US trading partners
S&OP
Balancing Supply/Demand
42. Value added by delivering the proper amount of a good.
Quantity Utility Definition
Integrated Supply Chain
Ports
Logistics Management
43. Right product - right time - right quantity - right quality - right cost - right destination
CRM Customer Relationship Management
Dimensions of customer service
Order Cycle Time
Transportation Management Issue
44. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Third Party Logistics Industry
Supply Chain Issues
Supply Chain Definition
Horizontal Relationships
45. Partner
The Micro Dimension
Collaborative Example
Integrated Supply Chain
Organizational Relationships Issue
46. Influencing the order - order execution
Major categories of metrics
Information Issue
Forces Driving the Rate of Change
Two Phases of order mgmt.
47. Export goods and services to overseas buyers and handles most of the export arrangements.
Supply Chain Relationship
Organizational Consolidation Force
Internal Society of Logistics
Export Trading Companies
48. 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
WMS
CFR
Immutable Laws of Collaborative Logistics
Supply Chain Network Issue
49. Influences product availability
Export Trading Companies
Order Cycle Time
Component Support
Inventory
50. Enlightened - Educated - easy access to Internet
Empowered Customer Force
CIF
Place Utility Definition
Complexity Issue