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 Management System






2. Partner






3. Influences product availability






4. 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.






5. Materials Requirement Planning






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






7. Business Logistics - Military Logistics - Event Logistics - Service Logistics






8. Canada - China - Mexico






9. Anything that touches the customer






10. Producer to Store - servicing the customer






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






12. Measures cost and performance of activities.






13. Reliability - Responsiveness - Flexibility - Cost - Assets






14. Delivered Duty Paid






15. 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






16. Form - Time - Place - Quantity - Possession






17. 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.






18. Marketing - Manufacturing/operations - Finance - Accounting






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






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






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






22. Plays large part in intermodal shipments.






23. Value added to goods through a manufacturing or assembly process.






24. Free On Board






25. Both parties in a vendor relational are said to be at "arm's" length.






26. Cost and Freight






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






28. Fast - high rate






29. Return on Assets.






30. Enterprise Resource Planning






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






32. Management of materials in motion and at rest.






33. 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






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






35. Strategic Alliance






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






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






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






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






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






41. Enlightened - Educated - easy access to Internet






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






43. Free Alongside Ship






44. Order Fill Rate - Perfect Order






45. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






46. Electrical Machinery - Power Generation Equipment.






47. Time - Dependability - Communications - Convenience






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






49. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






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