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. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






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






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






4. Warehouse Management System






5. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






6. Canada - China - Mexico






7. Strategic Alliance






8. 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.






9. Anything that touches the customer






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






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






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






13. Electrical Machinery - Power Generation Equipment






14. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






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






16. 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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17. Order Fill Rate - Perfect Order






18. Plays large part in intermodal shipments.






19. Cost and Freight






20. Influences product availability






21. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])






22. Partner






23. Form - Time - Place - Quantity - Possession






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

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






26. Item Fill Rate - Line Fill Rate






27. Sales and Order Processing






28. The ________ is associated with downstream activities.






29. Producer to Store - servicing the customer






30. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






31. Procurement and Manufacturing - value adding activities






32. Both parties in a vendor relational are said to be at "arm's" length.






33. Time - Dependability - Communications - Convenience






34. Materials Requirement Planning






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






36. Procurement and Manufacturing - value adding activities






37. 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.






38. Processes for developing and implementing successful relationship






39. Relevant - Accurate - Accessible - Timely - Transferable






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






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






42. Fast - high rate






43. Free On Board






44. Enlightened - Educated - easy access to Internet






45. Product/Service - Information - Finance






46. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






47. Act as agents for domestic firms in the international arena.






48. CFE - MSE - MAD - MAPE






49. Possession Utility






50. Business Logistics - Military Logistics - Event Logistics - Service Logistics