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Test your basic knowledge |
Business Logistics Management
Start Test
Study First
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. Challenge is to evaluate and successfully implement the technology
Customer Service
Technology Issue
Vertical Relationship
Integrated Supply Chain
2. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Types of 3PLs
Order Cycle Time
Transactional Relationship
Globalization Force
3. Strategic Alliance
Strategic Example
FOB
Third Party Logistics Industry
Time Utility Definition
4. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Supply Chain Definition
Order Cycle Time
Horizontal Relationships
5. Transportation Management System
Transactional Relationship
Forces Driving the Rate of Change
Strategic Role of I.T.
TMS
6. Producer to Store - servicing the customer
Customer Service
Outbound
Supply Chain Definition
Top US exports to China
7. Electrical Machinery - Power Generation Equipment.
Logistics Management
Component Support
Top US imports from China
MRP
8. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
4PL
Air
Performance Measurement Issue
Supply Chain Security Issue
9. Value added by delivering the proper amount of a good.
Collaborative Relationship
Quantity Utility Definition
Balancing Supply/Demand
Supply Chain Relationship
10. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
CRM Customer Relationship Management
Supply Chain Relationship
Collaborative Example
Logistics
11. The management of the movement of materials and information within - into - and out of the firm
Air
Integrated Supply Chain
The Micro Dimension
Logistics Management
12. Order Fill Rate - Perfect Order
FOB
C-TPAT
External Metrics
Order Cycle Time
13. Processes for developing and implementing successful relationship
Arm's Length
Supply Chain Relationship
Top US trading partners
Export Trading Companies
14. Warehouse Management System
Outbound
NAFTA
CPFR
WMS
15. Measures cost and performance of activities.
Transportation Management Issue
Immutable Laws of Collaborative Logistics
ABC Activity-Based Costing
Top US imports from China
16. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Military Logistics
Complexity Issue
Factors Affecting Demand
Supply Chain Flows
17. Return on Assets.
External Metrics
Council of Supply Chain Management
Export Management Companies
ROA
18. Influences product availability
Dimensions of customer service
Supply Chain Security Issue
Service Logistics
Order Cycle Time
19. Plays large part in intermodal shipments.
Supply Chain Security Issue
Motor
ROA
Form Utility Definition
20. Partner
Collaborative Example
CFR
Utility(ies) associated with Production
Integrated Supply Chain
21. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Logistics
Freight Forwarder
Vertical Relationship
ERP
22. Possession Utility
Utility(ies) associated with Marketing
Balancing Supply/Demand
Ports
4PL
23. Electrical Machinery - Power Generation Equipment
C-TPAT
Performance Categories
Top US exports to China
CFR
24. Customers trade partnership against terrorism
Supply Chain Issues
Customer (7 R's of logistics)
C-TPAT
FAS
25. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Steps in implementing CRM
Organizational Consolidation Force
Event Logistics
Types of Forecasts
26. Enterprise Resource Planning
Supply Chain Relationship
Technology Issue
Immutable Laws of Collaborative Logistics
ERP
27. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Horizontal Relationships
CFR
Categories of Logistics Quantification Pyramid
NAFTA
28. Organizations require collaboration or cooperation.
3rd Party Logistics
Common Culture
Utility(ies) associated with Marketing
Organizational Relationships Issue
29. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Top US exports to China
Global Markets Characteristics
Inventory
Factors Affecting Demand
30. Adding value to products by having them where people want them.
Value Added Role of Logistics (5 types of utility)
ROA
Technology Force
Place Utility Definition
31. 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.
Military Logistics
Transactional Relationship
Possession Utility
3rd Party Logistics
32. Right: information - partner - quantity - format - time - place - cost
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33. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
C-TPAT
Top US imports from China
Vertical Relationship
Order Cycle Time
34. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Strategic Role of I.T.
Collaborative Relationship
Steps in implementing CRM
Supply Chain Issues
35. Free On Board
Major categories of metrics
FOB
FAS
Empowered Customer Force
36. Critical part of global supply chains
Possession Utility
Ports
Global Markets Characteristics
C-TPAT
37. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
FOB
Customer Service
4PL
38. Influencing the order - order execution
ABC Activity-Based Costing
Collaborative Example
Dimensions of customer service
Two Phases of order mgmt.
39. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Logistics
Ports
Technology Issue
Inventory Deployment Issue
40. Procurement and Manufacturing - value adding activities
Internal Metrics
Inbound
Supply Chain Network Issue
Customer (7 R's of logistics)
41. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Inventory
Inventory Deployment Issue
Global Markets Characteristics
Transportation Management Issue
42. 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
Logistics Activities
Supply Chain Flows
Collaborative Relationship
Export Trading Companies
43. 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.
Information Issue
Value Added Role of Logistics (5 types of utility)
4PL
ROA
44. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Ocean
Top US trading partners
Component Support
MRP
45. Management of materials in motion and at rest.
Inventory
Technology Force
Balancing Supply/Demand
Organizational Consolidation Force
46. Collaborative Planning - Forecasting - and Replenishment
CPFR
Third Party Logistics Industry
Service Logistics
Major categories of metrics
47. Act as agents for domestic firms in the international arena.
Supply Chain Relationship
Export Management Companies
Transactional Relationship
Balancing Supply/Demand
48. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Immutable Laws of Collaborative Logistics
Steps in implementing CRM
Performance Categories
49. Anything that touches the customer
Globalization Force
Horizontal Relationships
Customer Service
Transactional Relationship
50. Right product - right time - right quantity - right quality - right cost - right destination
Transportation Management Issue
DRP
Two Phases of order mgmt.
Top US exports to China