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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. Procurement and Manufacturing - value adding activities






2. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






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






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






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






7. Relevant - Accurate - Accessible - Timely - Transferable






8. Reliability - Responsiveness - Flexibility - Cost - Assets






9. Free Alongside Ship






10. 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).






11. Measures cost and performance of activities.






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






13. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






14. Processes for developing and implementing successful relationship






15. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






16. 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






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






18. Critical part of global supply chains






19. Cost and Freight






20. Management of materials in motion and at rest.






21. Plays large part in intermodal shipments.






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






23. 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






24. Item Fill Rate - Line Fill Rate






25. Influencing the order - order execution






26. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






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






28. Enterprise Resource Planning






29. Marketing - Manufacturing/operations - Finance - Accounting






30. Time - Quality - Cost - Supporting Metrics






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






32. Form - Time - Place - Quantity - Possession






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






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






35. 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.






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

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






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






39. Fast - high rate






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






41. Canada - China - Mexico






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






43. 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.






44. Adding value to products by having them where people want them.






45. Customers trade partnership against terrorism






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






47. 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.






48. Producer to Store - servicing the customer






49. Sales and Order Processing






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






Can you answer 50 questions in 15 minutes?



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