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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. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






2. Form - Time - Place - Quantity - Possession






3. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






4. Analyze and evaluate on organizations efficiency over a time period.






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






6. Free Alongside Ship






7. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base






8. Critical part of global supply chains






9. 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).






10. Order Fill Rate - Perfect Order






11. Collaborative Planning - Forecasting - and Replenishment






12. The ________ is associated with downstream activities.






13. Act as agents for domestic firms in the international arena.






14. Sales and Order Processing






15. 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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16. 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.






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






18. Influencing the order - order execution






19. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])






20. 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






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






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






23. Partner






24. Business Logistics - Military Logistics - Event Logistics - Service Logistics






25. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






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






27. Electrical Machinery - Power Generation Equipment.






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






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






30. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






31. Marketing - Manufacturing/operations - Finance - Accounting






32. Enterprise Resource Planning






33. 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






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






35. Distribution Requirement Planning






36. Processes for developing and implementing successful relationship






37. Warehouse Management System






38. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






39. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






40. Time - Dependability - Communications - Convenience






41. Vendor

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42. Materials Requirement Planning






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






44. Product/Service - Information - Finance






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






46. Item Fill Rate - Line Fill Rate






47. Measures cost and performance of activities.






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






49. An external supplier that performs all or part of a company's logistics functions.






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






Can you answer 50 questions in 15 minutes?



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