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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. 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






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






4. Strategic Alliance






5. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






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






8. Time - Quality - Cost - Supporting Metrics






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






10. Product/Service - Information - Finance






11. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






12. Materials Requirement Planning






13. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






14. Procurement and Manufacturing - value adding activities






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






16. Item Fill Rate - Line Fill Rate






17. Possession Utility






18. Collaborative Planning - Forecasting - and Replenishment






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.






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






21. Organizations require collaboration or cooperation.






22. Management of materials in motion and at rest.






23. Return on Assets.






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






25. Marketing - Manufacturing/operations - Finance - Accounting






26. Influencing the order - order execution






27. Producer to Store - servicing the customer






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






29. Customers trade partnership against terrorism






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






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






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.






33. Time - Dependability - Communications - Convenience






34. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






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






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).






37. Reliability - Responsiveness - Flexibility - Cost - Assets






38. Free On Board






39. Processes for developing and implementing successful relationship






40. Form Utility






41. Plays large part in intermodal shipments.






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.






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






44. Fast - high rate






45. Measures cost and performance of activities.






46. Electrical Machinery - Power Generation Equipment






47. Cost - Insurance - and Freight






48. Electrical Machinery - Power Generation Equipment.






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






50. Delivered Duty Paid







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