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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. Enlightened - Educated - easy access to Internet
Top US trading partners
Strategic Role of I.T.
Empowered Customer Force
Form Utility Definition
2. The most pervasive and important global shipment method. Low rates - wide variety of products
Ocean
4PL
CPFR
Transportation Management Issue
3. Plays large part in intermodal shipments.
Logistics Management
Information Requirements
Motor
Possession Utility
4. Product/Service - Information - Finance
Supply Chain Flows
Transportation Management Issue
Top US exports to China
CIF
5. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Complexity Issue
Transactional Relationship
Logistics
DRP
6. Right product - right time - right quantity - right quality - right cost - right destination
Service Logistics
Arm's Length
Transportation Management Issue
Complexity Issue
7. Processes for developing and implementing successful relationship
DRP
Supply Chain Relationship
Customer Service
Complexity Issue
8. Partner
Categories of Logistics Quantification Pyramid
Place Utility Definition
Collaborative Example
Strategic Example
9. Transportation - Warehousing and storage - Industrial packaging - Materials handling - Inventory control - Order fulfillment - Demand forecasting - Production planning/scheduling - Procurement - Customer service - Facility location - Return goods han
Inbound
Supply Chain Network Issue
Vertical Relationship
Logistics Activities
10. Warehouse Management System
Inventory Deployment Issue
WMS
DRP
Internal Metrics
11. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Government Regulations and Policy Force
Global Markets Characteristics
Technology Force
Forces Driving the Rate of Change
12. Right: information - partner - quantity - format - time - place - cost
13. Possession Utility
DDP
Performance Measurement Issue
S&OP
Utility(ies) associated with Marketing
14. Transportation Management System
Military Logistics
Form Utility Definition
Technology Force
TMS
15. 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
Immutable Laws of Collaborative Logistics
C-TPAT
Customer Service
Council of Supply Chain Management
16. Anything that touches the customer
Customer Service
Motor
Logistics Management
Horizontal Relationships
17. Organizations require collaboration or cooperation.
Motor
Organizational Relationships Issue
Common Culture
Factors Affecting Demand
18. Electrical Machinery - Power Generation Equipment.
Supply Chain Definition
Forecasting
Top US imports from China
Utility(ies) associated with Production
19. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Form Utility Definition
Types of 3PLs
CPFR
Internal Metrics
20. Distribution Requirement Planning
Organizational Relationships Issue
DRP
Outbound
Physical Distribution
21. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Motor
Technology Issue
Inventory
Four Subdivisions of Logistics
22. Critical part of global supply chains
Top US trading partners
Ports
Dimensions of customer service
Organizational Relationships Issue
23. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Quantity Utility Definition
Steps in implementing CRM
TMS
Categories of Logistics Quantification Pyramid
24. Time - Quality - Cost - Supporting Metrics
Event Logistics
Performance Categories
Factors Affecting Demand
Supply Chain Security Issue
25. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Information Issue
Technology Force
Motor
Supply Chain Network Issue
26. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
FAS
Export Management Companies
4PL
Balancing Supply/Demand
27. Enterprise Resource Planning
Cost/Value Issue
TMS
Utility(ies) associated with Marketing
ERP
28. Return on Assets.
Information Requirements
Export Management Companies
3rd Party Logistics
ROA
29. Time Utility - Place Utility - Quantity Utility
Transactional Relationship
Utility(ies) associated with Logistics
CRM Customer Relationship Management
Technology Force
30. Free Alongside Ship
S&OP
Steps in implementing CRM
Empowered Customer Force
FAS
31. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Export Management Companies
Time Utility Definition
Integrated Supply Chain
Organizational Consolidation Force
32. The ________ is associated with downstream activities.
Supply Chain
Supply Chain Security Issue
Information Issue
Logistics Management
33. Procurement and Manufacturing - value adding activities
Council of Supply Chain Management
Form Utility Definition
Forecasting
Immutable Laws of Collaborative Logistics
34. Management of materials in motion and at rest.
Four Subdivisions of Logistics
Inventory
Time Utility Definition
Dimensions of customer service
35. Strategic Alliance
Inventory Deployment Issue
Strategic Example
Order Cycle Time
Internal Society of Logistics
36. Focuses on the outbound side of of a firm's logistics system.
Physical Distribution
Inbound
Empowered Customer Force
Horizontal Relationships
37. Procurement and Manufacturing - value adding activities
Inbound
Possession Utility
ABC Activity-Based Costing
Common Culture
38. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Forecast Errors
Form Utility Definition
Logistics
39. Sales and Order Processing
Order Cycle Time
Technology Force
Physical Distribution
S&OP
40. Value added by delivering the proper amount of a good.
Organizational Relationships Issue
Inventory Deployment Issue
Top US trading partners
Quantity Utility Definition
41. Adding value to products by making them available when they're needed.
Time Utility Definition
Dimensions of customer service
Information Requirements
Technology Issue
42. Materials Requirement Planning
MRP
Business Logistics
Dimensions of customer service
Logistics
43. Export goods and services to overseas buyers and handles most of the export arrangements.
C-TPAT
Supply Chain Network Issue
Export Trading Companies
Freight Forwarder
44. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
Supply Chain Security Issue
Event Logistics
CFR
45. Free On Board
Supply Chain Definition
FOB
Service Logistics
Military Logistics
46. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Performance Measurement Issue
Inventory Deployment Issue
Logistics Activities
Strategic Relationship
47. Influences product availability
Order Cycle Time
Strategic Role of I.T.
Export Trading Companies
Factors Affecting Demand
48. 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
Information Issue
Transportation Management Issue
49. 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
Organizational Consolidation Force
Strategic Role of I.T.
Military Logistics
Information Requirements
50. Fast - high rate
Utility(ies) associated with Marketing
Air
Horizontal Relationships
Information Requirements