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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. Sales and Order Processing
Supply Chain
S&OP
FAS
Forecasting
2. Management of materials in motion and at rest.
WMS
Ocean
Inventory
Immutable Laws of Collaborative Logistics
3. Marketing - Manufacturing/operations - Finance - Accounting
Logistics Activities
Types of 3PLs
The Micro Dimension
Arm's Length
4. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
TMS
Inventory Deployment Issue
Supply Chain Flows
Immutable Laws of Collaborative Logistics
5. Collaborative Planning - Forecasting - and Replenishment
CPFR
ROA
Internal Metrics
Ports
6. An external supplier that performs all or part of a company's logistics functions.
Collaborative Example
Collaborative Relationship
3rd Party Logistics
Transportation Management Issue
7. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Logistics
Export Management Companies
Air
8. Order Fill Rate - Perfect Order
MRP
External Metrics
Third Party Logistics Industry
Logistics Activities
9. Critical part of global supply chains
Third Party Logistics Industry
Four Subdivisions of Logistics
Utility(ies) associated with Production
Ports
10. Procurement and Manufacturing - value adding activities
Inbound
Motor
DDP
Transportation Management Issue
11. Delivered Duty Paid
C-TPAT
DDP
Strategic Role of I.T.
Supply Chain Definition
12. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Possession Utility
Customer (7 R's of logistics)
CPFR
CRM Customer Relationship Management
13. Management of Product/Service - Information - and Cash Flows.
3rd Party Logistics
Supply Chain Definition
Cost/Value Issue
Transportation Management Issue
14. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Strategic Relationship
Performance Measurement Issue
Freight Forwarder
Top US trading partners
15. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Export Management Companies
Utility(ies) associated with Production
Logistics
Freight Forwarder
16. 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
Order Cycle Time
Top US trading partners
Ports
Common Culture
17. Return on Assets.
Technology Force
CFR
ROA
CRM Customer Relationship Management
18. Cost - Insurance - and Freight
Internal Society of Logistics
Strategic Role of I.T.
CIF
Inventory Deployment Issue
19. Form Utility
Utility(ies) associated with Production
DRP
Supply Chain Relationship
Inventory Deployment Issue
20. Value added by delivering the proper amount of a good.
Inventory Deployment Issue
Transactional Relationship
Quantity Utility Definition
Collaborative Example
21. 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.
Forces Driving the Rate of Change
FAS
Military Logistics
Utility(ies) associated with Marketing
22. Measures cost and performance of activities.
ABC Activity-Based Costing
Order Cycle Time
External Metrics
Supply Chain Flows
23. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
Collaborative Example
Internal Society of Logistics
Information Requirements
24. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
ROA
Service Logistics
External Metrics
Order Cycle Time
25. Customers trade partnership against terrorism
Information Requirements
C-TPAT
Supply Chain Relationship
FOB
26. Influencing the order - order execution
Event Logistics
Performance Measurement Issue
Organizational Relationships Issue
Two Phases of order mgmt.
27. Canada - China - Mexico
Transactional Relationship
Types of 3PLs
Top US trading partners
Forecasting
28. Enterprise Resource Planning
ERP
Transactional Relationship
Top US exports to China
Supply Chain Security Issue
29. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Outbound
Supply Chain Network Issue
Physical Distribution
Motor
30. Value added to goods through a manufacturing or assembly process.
Global Markets Characteristics
Immutable Laws of Collaborative Logistics
Service Logistics
Form Utility Definition
31. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Third Party Logistics Industry
4PL
Motor
32. Product/Service - Information - Finance
Outbound
Strategic Example
Collaborative Relationship
Supply Chain Flows
33. Free On Board
Cost/Value Issue
FOB
Dimensions of customer service
Service Logistics
34. Enlightened - Educated - easy access to Internet
NAFTA
Information Requirements
ROA
Empowered Customer Force
35. Deregulation: Transportation - Communications - and Financial Institutions
Government Regulations and Policy Force
Internal Society of Logistics
Transportation Management Issue
Logistics
36. Cost and Freight
Horizontal Relationships
CFR
Logistics
Top US exports to China
37. Procurement and Manufacturing - value adding activities
Forecasting
C-TPAT
Strategic Role of I.T.
Logistics Activities
38. Possession Utility
Utility(ies) associated with Marketing
Organizational Relationships Issue
Transportation Management Issue
Third Party Logistics Industry
39. Adding value to products by having them where people want them.
Place Utility Definition
Strategic Example
Logistics Activities
Forecasting
40. 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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41. Analyze and evaluate on organizations efficiency over a time period.
Dimensions of customer service
S&OP
Freight Forwarder
Performance Measurement Issue
42. Form - Time - Place - Quantity - Possession
CFR
Possession Utility
Value Added Role of Logistics (5 types of utility)
Logistics Activities
43. Electrical Machinery - Power Generation Equipment.
Possession Utility
Top US imports from China
Collaborative Relationship
Event Logistics
44. Primarily created through the basic marketing activities related to the promotion of products and services -
Utility(ies) associated with Production
Possession Utility
Integrated Supply Chain
Logistics
45. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Organizational Consolidation Force
Third Party Logistics Industry
ROA
Cost/Value Issue
46. 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
Vertical Relationship
Immutable Laws of Collaborative Logistics
Performance Categories
Logistics Activities
47. Transportation Management System
Four Subdivisions of Logistics
Factors Affecting Demand
TMS
Organizational Consolidation Force
48. Processes for developing and implementing successful relationship
Supply Chain Issues
Supply Chain Relationship
Council of Supply Chain Management
Information Issue
49. The ________ is associated with downstream activities.
Common Culture
Export Trading Companies
Top US exports to China
Supply Chain
50. Vendor
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