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. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






2. Processes for developing and implementing successful relationship






3. 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






4. Electrical Machinery - Power Generation Equipment






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






6. Order Fill Rate - Perfect Order






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






8. The most pervasive and important global shipment method. Low rates - wide variety of products






9. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






10. Partner






11. Right product - right time - right quantity - right quality - right cost - right destination






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






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






14. Primarily created through the basic marketing activities related to the promotion of products and services -






15. Form Utility






16. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






17. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






18. Management of Product/Service - Information - and Cash Flows.






19. Return on Assets.






20. Canada - China - Mexico






21. Product/Service - Information - Finance






22. The management of the movement of materials and information within - into - and out of the firm






23. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






24. Delivered Duty Paid






25. Free Alongside Ship






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






27. Electrical Machinery - Power Generation Equipment.






28. Measures cost and performance of activities.






29. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






30. Sales and Order Processing






31. Customers trade partnership against terrorism






32. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






33. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






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






35. 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).






36. Relevant - Accurate - Accessible - Timely - Transferable






37. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






38. 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






39. Focuses on the outbound side of of a firm's logistics system.






40. How firms in this industry create value for their commercial clients






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






42. Time - Quality - Cost - Supporting Metrics






43. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






44. Organizations require collaboration or cooperation.






45. 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.






46. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






47. Procurement and Manufacturing - value adding activities






48. 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






49. Influencing the order - order execution






50. 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.