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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. Free On Board
FOB
DRP
Freight Forwarder
Major categories of metrics
2. Enterprise Resource Planning
Horizontal Relationships
ERP
Export Trading Companies
Supply Chain Issues
3. Order Fill Rate - Perfect Order
C-TPAT
Two Phases of order mgmt.
External Metrics
Strategic Relationship
4. Cost and Freight
Customer Service
Supply Chain
Complexity Issue
CFR
5. 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.
Information Issue
Component Support
S&OP
Supply Chain Network Issue
6. Electrical Machinery - Power Generation Equipment.
Place Utility Definition
Top US imports from China
CRM Customer Relationship Management
Strategic Role of I.T.
7. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
C-TPAT
Information Requirements
Technology Issue
8. 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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9. Return on Assets.
Inventory Deployment Issue
ROA
R's of Information
Transactional Relationship
10. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Service Logistics
Organizational Consolidation Force
Forces Driving the Rate of Change
Inventory Deployment Issue
11. Collaborative Planning - Forecasting - and Replenishment
CPFR
R's of Information
Supply Chain Relationship
Balancing Supply/Demand
12. Anything that touches the customer
Customer Service
Customer (7 R's of logistics)
Globalization Force
S&OP
13. The time that elapses from when a buyer places an order until receipt of the order
Freight Forwarder
Order Cycle Time
Forecast Errors
Common Culture
14. Enlightened - Educated - easy access to Internet
Technology Force
Empowered Customer Force
Component Support
Ports
15. Value added by delivering the proper amount of a good.
ERP
Quantity Utility Definition
Supply Chain Flows
Transactional Relationship
16. Processes for developing and implementing successful relationship
Supply Chain Relationship
Utility(ies) associated with Logistics
Top US trading partners
Organizational Relationships Issue
17. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Performance Categories
Internal Metrics
ABC Activity-Based Costing
18. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Component Support
Complexity Issue
DRP
Supply Chain Flows
19. Possession Utility
Types of 3PLs
Government Regulations and Policy Force
Utility(ies) associated with Marketing
CPFR
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
Logistics
Physical Distribution
Immutable Laws of Collaborative Logistics
CRM Customer Relationship Management
21. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Supply Chain Network Issue
Order Cycle Time
Major categories of metrics
Steps in implementing CRM
22. Electrical Machinery - Power Generation Equipment
Council of Supply Chain Management
Supply Chain Flows
Ports
Top US exports to China
23. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
ERP
MRP
Top US exports to China
Types of Forecasts
24. Product/Service - Information - Finance
Government Regulations and Policy Force
Integrated Supply Chain
Categories of Logistics Quantification Pyramid
Supply Chain Flows
25. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Factors Affecting Demand
Third Party Logistics Industry
Freight Forwarder
Internal Society of Logistics
26. Right: information - partner - quantity - format - time - place - cost
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27. Critical part of global supply chains
Ports
Military Logistics
Factors Affecting Demand
Technology Issue
28. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Top US imports from China
Service Logistics
Empowered Customer Force
Order Cycle Time
29. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Logistics
Forecasting
Performance Categories
S&OP
30. The ________ is associated with downstream activities.
Empowered Customer Force
Strategic Relationship
Supply Chain
Customer (7 R's of logistics)
31. Organizations require collaboration or cooperation.
Motor
Collaborative Example
Organizational Relationships Issue
Strategic Role of I.T.
32. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Supply Chain Relationship
Global Markets Characteristics
Collaborative Relationship
External Metrics
33. Warehouse Management System
WMS
Inbound
Types of Forecasts
Technology Force
34. Focuses on the outbound side of of a firm's logistics system.
Forces Driving the Rate of Change
Physical Distribution
WMS
Types of 3PLs
35. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Inventory Deployment Issue
Forecast Errors
Collaborative Relationship
Forces Driving the Rate of Change
36. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Categories of Logistics Quantification Pyramid
Technology Force
FOB
Vertical Relationship
37. Right product - right time - right quantity - right quality - right cost - right destination
Event Logistics
Transportation Management Issue
Collaborative Relationship
MRP
38. 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
DDP
External Metrics
ERP
39. Time - Quality - Cost - Supporting Metrics
Organizational Consolidation Force
Performance Categories
3rd Party Logistics
Top US imports from China
40. Adding value to products by having them where people want them.
Strategic Example
Place Utility Definition
The Micro Dimension
Government Regulations and Policy Force
41. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Categories of Logistics Quantification Pyramid
Collaborative Relationship
Forces Driving the Rate of Change
Vertical Relationship
42. Both parties in a vendor relational are said to be at "arm's" length.
Government Regulations and Policy Force
Transactional Relationship
Business Logistics
Order Cycle Time
43. Form - Time - Place - Quantity - Possession
TMS
Order Cycle Time
Value Added Role of Logistics (5 types of utility)
Balancing Supply/Demand
44. Procurement and Manufacturing - value adding activities
Inventory Deployment Issue
Empowered Customer Force
Inbound
Air
45. Influencing the order - order execution
Two Phases of order mgmt.
Logistics Management
Outbound
Forecasting
46. Strategic Alliance
4PL
Ports
Strategic Example
Component Support
47. Item Fill Rate - Line Fill Rate
ABC Activity-Based Costing
Technology Issue
Supply Chain Flows
Internal Metrics
48. Time Utility - Place Utility - Quantity Utility
Utility(ies) associated with Logistics
FOB
Horizontal Relationships
Supply Chain Issues
49. Vendor
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50. Customers trade partnership against terrorism
CRM Customer Relationship Management
C-TPAT
Internal Metrics
The Micro Dimension