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






2. Partner






3. Reliability - Responsiveness - Flexibility - Cost - Assets






4. Deregulation: Transportation - Communications - and Financial Institutions






5. Producer to Store - servicing the customer






6. Organizations require collaboration or cooperation.






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






8. Procurement and Manufacturing - value adding activities






9. CFE - MSE - MAD - MAPE






10. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






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






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






14. Order Fill Rate - Perfect Order






15. 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.






16. Item Fill Rate - Line Fill Rate






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






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






19. Measures cost and performance of activities.






20. Cost and Freight






21. Return on Assets.






22. Electrical Machinery - Power Generation Equipment






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






24. 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.






25. The time that elapses from when a buyer places an order until receipt of the order






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






27. 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.






28. 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






29. Challenge is to evaluate and successfully implement the technology






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






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






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






33. Possession Utility






34. Distribution Requirement Planning






35. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem






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. Transportation Management System






38. Business Logistics - Military Logistics - Event Logistics - Service Logistics






39. Influences product availability






40. Marketing - Manufacturing/operations - Finance - Accounting






41. Free On Board






42. Time - Quality - Cost - Supporting Metrics






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






44. Customers trade partnership against terrorism






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






46. Warehouse Management System






47. Materials Requirement Planning






48. 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






49. Strategic Alliance






50. Cost - Insurance - and Freight







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