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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. Materials Requirement Planning
Forecast Errors
Information Requirements
MRP
Top US trading partners
2. Vendor
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3. Deregulation: Transportation - Communications - and Financial Institutions
Logistics Management
Value Added Role of Logistics (5 types of utility)
Government Regulations and Policy Force
Logistics Activities
4. Export goods and services to overseas buyers and handles most of the export arrangements.
Export Trading Companies
Organizational Relationships Issue
CRM Customer Relationship Management
Outbound
5. Fast - high rate
Two Phases of order mgmt.
Steps in implementing CRM
Air
Balancing Supply/Demand
6. Distribution Requirement Planning
Technology Force
S&OP
Supply Chain Network Issue
DRP
7. Relevant - Accurate - Accessible - Timely - Transferable
Horizontal Relationships
Information Requirements
DRP
Complexity Issue
8. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Utility(ies) associated with Production
Internal Metrics
Inbound
Freight Forwarder
9. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Inventory Deployment Issue
MRP
Top US exports to China
Supply Chain Security Issue
10. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Globalization Force
Inbound
DDP
11. Cost and Freight
Information Issue
CFR
ERP
Inventory
12. 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
Common Culture
Major categories of metrics
Technology Issue
Value Added Role of Logistics (5 types of utility)
13. Influences product availability
Business Logistics
The Micro Dimension
Order Cycle Time
Military Logistics
14. Marketing - Manufacturing/operations - Finance - Accounting
Arm's Length
Types of Forecasts
The Micro Dimension
Collaborative Example
15. Adding value to products by making them available when they're needed.
Time Utility Definition
CIF
ABC Activity-Based Costing
Strategic Role of I.T.
16. Producer to Store - servicing the customer
Government Regulations and Policy Force
Outbound
Air
DRP
17. Time - Dependability - Communications - Convenience
Strategic Role of I.T.
Dimensions of customer service
Integrated Supply Chain
Types of Forecasts
18. Collaborative Planning - Forecasting - and Replenishment
Strategic Role of I.T.
Internal Society of Logistics
CPFR
FOB
19. Warehouse Management System
WMS
Air
Factors Affecting Demand
TMS
20. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
FAS
Top US trading partners
Horizontal Relationships
Cost/Value Issue
21. Transportation Management System
Service Logistics
Balancing Supply/Demand
TMS
WMS
22. Right product - right time - right quantity - right quality - right cost - right destination
Supply Chain Security Issue
Military Logistics
Categories of Logistics Quantification Pyramid
Transportation Management Issue
23. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Forces Driving the Rate of Change
Inventory Deployment Issue
FOB
Service Logistics
24. Canada - China - Mexico
Air
Factors Affecting Demand
Top US trading partners
CPFR
25. Form - Time - Place - Quantity - Possession
Arm's Length
Complexity Issue
Value Added Role of Logistics (5 types of utility)
DRP
26. Free On Board
Performance Measurement Issue
Logistics
FOB
Export Management Companies
27. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Logistics Management
Component Support
Physical Distribution
Performance Categories
28. The ________ is associated with downstream activities.
Supply Chain
Types of Forecasts
ROA
C-TPAT
29. Management of Product/Service - Information - and Cash Flows.
Complexity Issue
C-TPAT
Supply Chain Definition
Supply Chain Network Issue
30. Organizations require collaboration or cooperation.
Empowered Customer Force
Organizational Relationships Issue
DRP
Dimensions of customer service
31. Focuses on the outbound side of of a firm's logistics system.
Strategic Example
Physical Distribution
TMS
Supply Chain Network Issue
32. Adding value to products by having them where people want them.
Dimensions of customer service
Place Utility Definition
Strategic Example
Globalization Force
33. Primarily created through the basic marketing activities related to the promotion of products and services -
Air
DDP
Possession Utility
Forces Driving the Rate of Change
34. Sales and Order Processing
S&OP
Logistics Management
Customer (7 R's of logistics)
Vertical Relationship
35. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ
Technology Issue
Strategic Role of I.T.
Military Logistics
Business Logistics
36. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Collaborative Relationship
Top US exports to China
Global Markets Characteristics
External Metrics
37. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Export Trading Companies
Arm's Length
Globalization Force
Immutable Laws of Collaborative Logistics
38. Electrical Machinery - Power Generation Equipment
Utility(ies) associated with Logistics
Major categories of metrics
Top US exports to China
Collaborative Example
39. Right: information - partner - quantity - format - time - place - cost
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40. Enlightened - Educated - easy access to Internet
Cost/Value Issue
Empowered Customer Force
Technology Issue
Supply Chain Flows
41. Management of materials in motion and at rest.
Major categories of metrics
Supply Chain Security Issue
Empowered Customer Force
Inventory
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.
TMS
Council of Supply Chain Management
Technology Force
Performance Categories
43. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Information Issue
Types of Forecasts
ERP
Utility(ies) associated with Logistics
44. 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
Logistics Activities
Performance Measurement Issue
Organizational Consolidation Force
45. 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
Inventory Deployment Issue
Steps in implementing CRM
Immutable Laws of Collaborative Logistics
Inbound
46. Enterprise Resource Planning
Supply Chain Relationship
Types of 3PLs
ERP
Global Markets Characteristics
47. 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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48. Customers trade partnership against terrorism
Air
C-TPAT
MRP
Information Requirements
49. Electrical Machinery - Power Generation Equipment.
Top US imports from China
Factors Affecting Demand
Inventory Deployment Issue
Strategic Role of I.T.
50. 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
Factors Affecting Demand
Types of Forecasts
Strategic Role of I.T.
Strategic Relationship