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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. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem
Supply Chain Flows
Global Markets Characteristics
Inventory
Common Culture
2. Processes for developing and implementing successful relationship
Performance Categories
Supply Chain Relationship
Event Logistics
Empowered Customer Force
3. Time - Quality - Cost - Supporting Metrics
Steps in implementing CRM
Order Cycle Time
Internal Society of Logistics
Performance Categories
4. Challenge is to evaluate and successfully implement the technology
Common Culture
Complexity Issue
Service Logistics
Technology Issue
5. Value added to goods through a manufacturing or assembly process.
Export Management Companies
Form Utility Definition
Logistics Activities
Complexity Issue
6. Sales and Order Processing
S&OP
Arm's Length
Technology Issue
Supply Chain
7. Time Utility - Place Utility - Quantity Utility
Utility(ies) associated with Logistics
Two Phases of order mgmt.
Transportation Management Issue
Service Logistics
8. Return on Assets.
Supply Chain Network Issue
Categories of Logistics Quantification Pyramid
Strategic Role of I.T.
ROA
9. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Strategic Example
Place Utility Definition
Internal Society of Logistics
ERP
10. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Third Party Logistics Industry
Types of 3PLs
R's of Information
Supply Chain Network Issue
11. Plays large part in intermodal shipments.
Motor
Supply Chain Definition
Logistics Activities
Logistics
12. Primarily created through the basic marketing activities related to the promotion of products and services -
Time Utility Definition
Possession Utility
Performance Measurement Issue
CRM Customer Relationship Management
13. Vendor
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14. Export goods and services to overseas buyers and handles most of the export arrangements.
Inbound
Export Trading Companies
TMS
Strategic Example
15. Time - Dependability - Communications - Convenience
Dimensions of customer service
Logistics Activities
CPFR
Complexity Issue
16. Analyze and evaluate on organizations efficiency over a time period.
Transactional Relationship
Air
CPFR
Performance Measurement Issue
17. 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
Transportation Management Issue
Business Logistics
Form Utility Definition
Logistics Management
18. Free Alongside Ship
Logistics Activities
FAS
MRP
Value Added Role of Logistics (5 types of utility)
19. Procurement and Manufacturing - value adding activities
Empowered Customer Force
Types of 3PLs
Air
Inbound
20. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Supply Chain Security Issue
Service Logistics
Supply Chain Network Issue
Logistics
21. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
CPFR
Common Culture
Arm's Length
Technology Force
22. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Globalization Force
Inventory
Categories of Logistics Quantification Pyramid
Order Cycle Time
23. Transportation Management System
TMS
Supply Chain Issues
Forecast Errors
Component Support
24. Electrical Machinery - Power Generation Equipment
Place Utility Definition
CFR
Top US exports to China
Third Party Logistics Industry
25. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Export Management Companies
Common Culture
CRM Customer Relationship Management
Collaborative Relationship
26. CFE - MSE - MAD - MAPE
Third Party Logistics Industry
ABC Activity-Based Costing
Forecast Errors
Steps in implementing CRM
27. Customers trade partnership against terrorism
Place Utility Definition
MRP
C-TPAT
Form Utility Definition
28. Order Fill Rate - Perfect Order
Ocean
Time Utility Definition
External Metrics
DRP
29. Measures cost and performance of activities.
Third Party Logistics Industry
ROA
ABC Activity-Based Costing
TMS
30. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Factors Affecting Demand
WMS
3rd Party Logistics
Customer (7 R's of logistics)
31. The time that elapses from when a buyer places an order until receipt of the order
Inbound
Top US trading partners
Order Cycle Time
DRP
32. Adding value to products by making them available when they're needed.
Two Phases of order mgmt.
Time Utility Definition
Arm's Length
Supply Chain Relationship
33. 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
CFR
Strategic Role of I.T.
Horizontal Relationships
Immutable Laws of Collaborative Logistics
34. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Horizontal Relationships
Performance Measurement Issue
DRP
TMS
35. 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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36. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Utility(ies) associated with Marketing
Types of 3PLs
Performance Measurement Issue
Logistics
37. Influencing the order - order execution
Two Phases of order mgmt.
Categories of Logistics Quantification Pyramid
C-TPAT
Service Logistics
38. Enterprise Resource Planning
ERP
Utility(ies) associated with Marketing
Horizontal Relationships
Service Logistics
39. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Government Regulations and Policy Force
Service Logistics
CIF
40. The art and science of management - engineering - and technical activities concerned with requirements - design - and supplying and maintaining resources to support objectives - plans - and operations.
Inbound
Council of Supply Chain Management
Steps in implementing CRM
CRM Customer Relationship Management
41. 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.
Place Utility Definition
Information Issue
Motor
Government Regulations and Policy Force
42. 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
Government Regulations and Policy Force
Cost/Value Issue
NAFTA
43. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Supply Chain Security Issue
Freight Forwarder
Types of Forecasts
Value Added Role of Logistics (5 types of utility)
44. Enlightened - Educated - easy access to Internet
Motor
ABC Activity-Based Costing
Information Issue
Empowered Customer Force
45. Relevant - Accurate - Accessible - Timely - Transferable
CPFR
The Micro Dimension
Information Requirements
Transportation Management Issue
46. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Vertical Relationship
Four Subdivisions of Logistics
Export Trading Companies
Balancing Supply/Demand
47. Warehouse Management System
Value Added Role of Logistics (5 types of utility)
Information Issue
Forecast Errors
WMS
48. An external supplier that performs all or part of a company's logistics functions.
3rd Party Logistics
Transportation Management Issue
Arm's Length
Collaborative Example
49. Anything that touches the customer
Supply Chain Security Issue
Customer Service
Internal Society of Logistics
Government Regulations and Policy Force
50. The management of the movement of materials and information within - into - and out of the firm
R's of Information
Organizational Relationships Issue
Technology Force
Logistics Management