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Test your basic knowledge |
Business Logistics Management
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Subject
:
business-skills
Instructions:
Answer 50 questions in 15 minutes.
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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. 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
Major categories of metrics
Government Regulations and Policy Force
Strategic Role of I.T.
Vertical Relationship
2. Influencing the order - order execution
Two Phases of order mgmt.
Place Utility Definition
Customer (7 R's of logistics)
Logistics Activities
3. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Logistics
Organizational Consolidation Force
Global Markets Characteristics
Dimensions of customer service
4. Value added by delivering the proper amount of a good.
Export Management Companies
Quantity Utility Definition
MRP
Information Issue
5. Time - Dependability - Communications - Convenience
Inventory Deployment Issue
Dimensions of customer service
Top US trading partners
4PL
6. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Component Support
Order Cycle Time
Supply Chain
Globalization Force
7. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Four Subdivisions of Logistics
Types of Forecasts
Inventory Deployment Issue
Outbound
8. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Horizontal Relationships
Outbound
Top US imports from China
Vertical Relationship
9. Influences product availability
Order Cycle Time
Categories of Logistics Quantification Pyramid
Utility(ies) associated with Logistics
Utility(ies) associated with Marketing
10. Processes for developing and implementing successful relationship
Balancing Supply/Demand
Technology Force
Strategic Relationship
Supply Chain Relationship
11. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Cost/Value Issue
Categories of Logistics Quantification Pyramid
TMS
Internal Metrics
12. Relevant - Accurate - Accessible - Timely - Transferable
Steps in implementing CRM
Component Support
Business Logistics
Information Requirements
13. Return on Assets.
ROA
Logistics Management
Two Phases of order mgmt.
WMS
14. Value added to goods through a manufacturing or assembly process.
Logistics Activities
Form Utility Definition
CIF
Third Party Logistics Industry
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.
4PL
CRM Customer Relationship Management
Information Requirements
Organizational Relationships Issue
16. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
Horizontal Relationships
Balancing Supply/Demand
CRM Customer Relationship Management
17. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Customer (7 R's of logistics)
Government Regulations and Policy Force
Globalization Force
TMS
18. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Types of Forecasts
Steps in implementing CRM
Top US trading partners
Global Markets Characteristics
19. Cost and Freight
Forecast Errors
Order Cycle Time
CFR
Council of Supply Chain Management
20. CFE - MSE - MAD - MAPE
Transactional Relationship
3rd Party Logistics
Forecast Errors
FAS
21. The most pervasive and important global shipment method. Low rates - wide variety of products
Supply Chain Relationship
Ocean
FOB
Logistics Activities
22. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Arm's Length
Service Logistics
ABC Activity-Based Costing
Event Logistics
23. 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.
Council of Supply Chain Management
Immutable Laws of Collaborative Logistics
Top US exports to China
Global Markets Characteristics
24. Focuses on the outbound side of of a firm's logistics system.
Strategic Relationship
Globalization Force
Physical Distribution
ROA
25. Challenge is to evaluate and successfully implement the technology
Third Party Logistics Industry
Technology Issue
Information Issue
ROA
26. 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
Supply Chain Flows
Performance Measurement Issue
Business Logistics
External Metrics
27. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
S&OP
Performance Categories
Supply Chain Security Issue
Immutable Laws of Collaborative Logistics
28. Right: information - partner - quantity - format - time - place - cost
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29. Management of materials in motion and at rest.
Supply Chain Definition
Inventory
Supply Chain Issues
WMS
30. Fast - high rate
Forces Driving the Rate of Change
Air
Ports
Common Culture
31. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Organizational Consolidation Force
Forces Driving the Rate of Change
CPFR
The Micro Dimension
32. The management of the movement of materials and information within - into - and out of the firm
Logistics Management
Collaborative Relationship
TMS
ROA
33. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Categories of Logistics Quantification Pyramid
Internal Society of Logistics
ROA
Horizontal Relationships
34. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
The Micro Dimension
Vertical Relationship
4PL
Physical Distribution
35. Vendor
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36. Warehouse Management System
DDP
Performance Measurement Issue
WMS
NAFTA
37. Analyze and evaluate on organizations efficiency over a time period.
Collaborative Example
Outbound
Forecast Errors
Performance Measurement Issue
38. Customers trade partnership against terrorism
ROA
Form Utility Definition
C-TPAT
Balancing Supply/Demand
39. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
4PL
ABC Activity-Based Costing
Types of 3PLs
Logistics
40. Reliability - Responsiveness - Flexibility - Cost - Assets
Major categories of metrics
Possession Utility
Logistics
Internal Metrics
41. Canada - China - Mexico
NAFTA
ABC Activity-Based Costing
Top US trading partners
Freight Forwarder
42. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Freight Forwarder
Balancing Supply/Demand
Types of 3PLs
Supply Chain Relationship
43. Form Utility
The Micro Dimension
Export Management Companies
Supply Chain Security Issue
Utility(ies) associated with Production
44. Cost - Insurance - and Freight
CIF
Strategic Example
Empowered Customer Force
C-TPAT
45. Adding value to products by making them available when they're needed.
Utility(ies) associated with Marketing
Third Party Logistics Industry
4PL
Time Utility Definition
46. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
CRM Customer Relationship Management
Motor
Information Issue
Collaborative Relationship
47. Free On Board
WMS
FOB
Major categories of metrics
CIF
48. 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
Service Logistics
Information Requirements
Vertical Relationship
49. Strategic Alliance
Strategic Example
Performance Categories
3rd Party Logistics
Organizational Consolidation Force
50. The time that elapses from when a buyer places an order until receipt of the order
Utility(ies) associated with Marketing
Internal Metrics
Export Trading Companies
Order Cycle Time
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