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Business Logistics Management
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Subject
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business-skills
Instructions:
Answer 50 questions in 15 minutes.
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Match each statement with the correct term.
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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. 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
Strategic Role of I.T.
Logistics Management
Balancing Supply/Demand
Utility(ies) associated with Logistics
2. 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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3. Challenge is to evaluate and successfully implement the technology
Technology Issue
Physical Distribution
WMS
Categories of Logistics Quantification Pyramid
4. Strategic Alliance
Major categories of metrics
Strategic Relationship
Top US exports to China
Strategic Example
5. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Dimensions of customer service
Quantity Utility Definition
ERP
6. Act as agents for domestic firms in the international arena.
Types of 3PLs
CFR
The Micro Dimension
Export Management Companies
7. Adding value to products by making them available when they're needed.
Globalization Force
Performance Categories
Forces Driving the Rate of Change
Time Utility Definition
8. Time - Quality - Cost - Supporting Metrics
Performance Categories
FOB
Information Requirements
Time Utility Definition
9. Analyze and evaluate on organizations efficiency over a time period.
Performance Measurement Issue
Service Logistics
Major categories of metrics
Strategic Role of I.T.
10. Product/Service - Information - Finance
Supply Chain Flows
Motor
Supply Chain Definition
Complexity Issue
11. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Global Markets Characteristics
Categories of Logistics Quantification Pyramid
Dimensions of customer service
Logistics Management
12. Materials Requirement Planning
MRP
Collaborative Relationship
Organizational Relationships Issue
Inventory
13. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Customer Service
Air
Form Utility Definition
Strategic Relationship
14. Procurement and Manufacturing - value adding activities
Inbound
Types of 3PLs
CFR
Utility(ies) associated with Logistics
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
Categories of Logistics Quantification Pyramid
Component Support
Forecast Errors
16. Item Fill Rate - Line Fill Rate
ABC Activity-Based Costing
Quantity Utility Definition
Internal Metrics
Component Support
17. Possession Utility
Supply Chain
External Metrics
Utility(ies) associated with Marketing
Quantity Utility Definition
18. Collaborative Planning - Forecasting - and Replenishment
Information Requirements
Forces Driving the Rate of Change
CPFR
Military Logistics
19. 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.
Four Subdivisions of Logistics
Military Logistics
ABC Activity-Based Costing
Information Requirements
20. Export goods and services to overseas buyers and handles most of the export arrangements.
ERP
Order Cycle Time
Export Trading Companies
Empowered Customer Force
21. Organizations require collaboration or cooperation.
Top US imports from China
TMS
Organizational Relationships Issue
Forces Driving the Rate of Change
22. Management of materials in motion and at rest.
Inventory
Motor
Outbound
Supply Chain Network Issue
23. Return on Assets.
ROA
4PL
Place Utility Definition
Top US exports to China
24. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Integrated Supply Chain
S&OP
Supply Chain Security Issue
3rd Party Logistics
25. Marketing - Manufacturing/operations - Finance - Accounting
ERP
The Micro Dimension
Logistics Management
Utility(ies) associated with Logistics
26. Influencing the order - order execution
Physical Distribution
Two Phases of order mgmt.
Inventory Deployment Issue
CPFR
27. Producer to Store - servicing the customer
R's of Information
Immutable Laws of Collaborative Logistics
Component Support
Outbound
28. The management of the movement of materials and information within - into - and out of the firm
Logistics Management
Supply Chain Network Issue
Complexity Issue
Types of 3PLs
29. Customers trade partnership against terrorism
C-TPAT
ABC Activity-Based Costing
CPFR
Component Support
30. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
R's of Information
Globalization Force
Information Requirements
Vertical Relationship
31. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Top US exports to China
Inventory Deployment Issue
Supply Chain Relationship
Third Party Logistics Industry
32. 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.
Motor
4PL
ROA
Inbound
33. Time - Dependability - Communications - Convenience
Types of 3PLs
Transportation Management Issue
Dimensions of customer service
FAS
34. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Horizontal Relationships
Customer (7 R's of logistics)
DDP
DRP
35. Management of Product/Service - Information - and Cash Flows.
Logistics Activities
Supply Chain Definition
Outbound
NAFTA
36. 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).
Logistics
Event Logistics
Form Utility Definition
Inventory
37. Reliability - Responsiveness - Flexibility - Cost - Assets
Third Party Logistics Industry
Business Logistics
Major categories of metrics
Transportation Management Issue
38. Free On Board
FAS
Strategic Example
Place Utility Definition
FOB
39. Processes for developing and implementing successful relationship
Supply Chain Relationship
External Metrics
4PL
Value Added Role of Logistics (5 types of utility)
40. Form Utility
Utility(ies) associated with Production
S&OP
Vertical Relationship
Strategic Example
41. Plays large part in intermodal shipments.
Military Logistics
Internal Metrics
CIF
Motor
42. 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.
C-TPAT
Council of Supply Chain Management
Strategic Relationship
Customer (7 R's of logistics)
43. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Top US exports to China
Forces Driving the Rate of Change
Freight Forwarder
Council of Supply Chain Management
44. Fast - high rate
Outbound
Air
Cost/Value Issue
Third Party Logistics Industry
45. Measures cost and performance of activities.
Organizational Consolidation Force
Value Added Role of Logistics (5 types of utility)
CPFR
ABC Activity-Based Costing
46. Electrical Machinery - Power Generation Equipment
Government Regulations and Policy Force
Inbound
Common Culture
Top US exports to China
47. Cost - Insurance - and Freight
Inbound
CIF
Top US exports to China
R's of Information
48. Electrical Machinery - Power Generation Equipment.
Internal Metrics
Common Culture
Arm's Length
Top US imports from China
49. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Organizational Relationships Issue
Cost/Value Issue
Steps in implementing CRM
Freight Forwarder
50. Delivered Duty Paid
Supply Chain Issues
Technology Force
S&OP
DDP
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