Test your basic knowledge |

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. Plays large part in intermodal shipments.






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






3. Time - Dependability - Communications - Convenience






4. Delivered Duty Paid






5. Partner






6. Processes for developing and implementing successful relationship






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






8. Management of materials in motion and at rest.






9. Cost - Insurance - and Freight






10. Anything that touches the customer






11. 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






12. Free On Board






13. Form - Time - Place - Quantity - Possession






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






15. Item Fill Rate - Line Fill Rate






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






17. Vendor

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18. 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






19. Marketing - Manufacturing/operations - Finance - Accounting






20. Materials Requirement Planning






21. Procurement and Manufacturing - value adding activities






22. 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.






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






24. 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.






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






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






27. Canada - China - Mexico






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






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






30. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






31. 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).






32. Product/Service - Information - Finance






33. Organizations require collaboration or cooperation.






34. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






35. Transportation Management System






36. Adding value to products by having them where people want them.






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






38. Producer to Store - servicing the customer






39. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






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






41. 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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42. Customers trade partnership against terrorism






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






44. Business Logistics - Military Logistics - Event Logistics - Service Logistics






45. Free Alongside Ship






46. Form Utility






47. Management of Product/Service - Information - and Cash Flows.






48. 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






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






50. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico