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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
NAFTA
S&OP
FAS
Organizational Consolidation Force
2. Export goods and services to overseas buyers and handles most of the export arrangements.
ABC Activity-Based Costing
Export Trading Companies
DDP
Inventory
3. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Physical Distribution
Balancing Supply/Demand
Steps in implementing CRM
Globalization Force
4. Marketing - Manufacturing/operations - Finance - Accounting
Logistics Management
CPFR
The Micro Dimension
Supply Chain Flows
5. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Internal Society of Logistics
Four Subdivisions of Logistics
Time Utility Definition
Top US trading partners
6. Influences product availability
Order Cycle Time
Top US trading partners
ERP
Performance Categories
7. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
ERP
CFR
Organizational Consolidation Force
Factors Affecting Demand
8. The most pervasive and important global shipment method. Low rates - wide variety of products
Logistics Activities
Motor
Ocean
CFR
9. Fast - high rate
Integrated Supply Chain
Air
Top US imports from China
DRP
10. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Dimensions of customer service
Vertical Relationship
Air
Value Added Role of Logistics (5 types of utility)
11. 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).
Arm's Length
Utility(ies) associated with Marketing
Event Logistics
Common Culture
12. Electrical Machinery - Power Generation Equipment.
Export Management Companies
Technology Force
Top US imports from China
Supply Chain Network Issue
13. Enlightened - Educated - easy access to Internet
Strategic Example
Time Utility Definition
Empowered Customer Force
Types of Forecasts
14. Return on Assets.
Technology Issue
ROA
Information Requirements
Third Party Logistics Industry
15. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Logistics
Information Requirements
Organizational Relationships Issue
16. Distribution Requirement Planning
Horizontal Relationships
Strategic Relationship
Supply Chain Relationship
DRP
17. Primarily created through the basic marketing activities related to the promotion of products and services -
Utility(ies) associated with Production
DDP
Categories of Logistics Quantification Pyramid
Possession Utility
18. Order Fill Rate - Perfect Order
Internal Metrics
FOB
External Metrics
Quantity Utility Definition
19. Challenge is to evaluate and successfully implement the technology
Categories of Logistics Quantification Pyramid
Technology Issue
Organizational Consolidation Force
Utility(ies) associated with Marketing
20. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Inventory
Business Logistics
CFR
Strategic Relationship
21. Reliability - Responsiveness - Flexibility - Cost - Assets
Major categories of metrics
Two Phases of order mgmt.
Place Utility Definition
Common Culture
22. Measures cost and performance of activities.
Top US imports from China
4PL
ABC Activity-Based Costing
Inventory Deployment Issue
23. Item Fill Rate - Line Fill Rate
Order Cycle Time
Internal Metrics
Top US exports to China
Factors Affecting Demand
24. Product/Service - Information - Finance
Place Utility Definition
Balancing Supply/Demand
Supply Chain Flows
Top US trading partners
25. Cost and Freight
WMS
CIF
CFR
Government Regulations and Policy Force
26. Materials Requirement Planning
Cost/Value Issue
Utility(ies) associated with Production
MRP
Component Support
27. Organizations require collaboration or cooperation.
Inbound
Utility(ies) associated with Logistics
Organizational Relationships Issue
Types of 3PLs
28. Plays large part in intermodal shipments.
Categories of Logistics Quantification Pyramid
3rd Party Logistics
Motor
Internal Society of Logistics
29. Adding value to products by making them available when they're needed.
Strategic Example
Time Utility Definition
Cost/Value Issue
Inventory
30. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Place Utility Definition
Form Utility Definition
Factors Affecting Demand
Top US trading partners
31. Anything that touches the customer
Customer Service
Information Issue
Utility(ies) associated with Marketing
MRP
32. Producer to Store - servicing the customer
CRM Customer Relationship Management
Outbound
Empowered Customer Force
Logistics
33. Procurement and Manufacturing - value adding activities
Third Party Logistics Industry
Performance Categories
Cost/Value Issue
Inbound
34. 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.
S&OP
Military Logistics
Supply Chain Relationship
Inbound
35. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
CPFR
Internal Society of Logistics
Organizational Relationships Issue
Air
36. The ________ is associated with downstream activities.
Third Party Logistics Industry
FAS
Value Added Role of Logistics (5 types of utility)
Supply Chain
37. Both parties in a vendor relational are said to be at "arm's" length.
Value Added Role of Logistics (5 types of utility)
Transactional Relationship
Government Regulations and Policy Force
Empowered Customer Force
38. Warehouse Management System
WMS
Types of Forecasts
Global Markets Characteristics
Technology Issue
39. Value added by delivering the proper amount of a good.
Information Requirements
Quantity Utility Definition
Types of 3PLs
S&OP
40. Strategic Alliance
Quantity Utility Definition
NAFTA
Strategic Example
Utility(ies) associated with Logistics
41. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Organizational Consolidation Force
CIF
Supply Chain Issues
Supply Chain Definition
42. Right: information - partner - quantity - format - time - place - cost
43. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Military Logistics
Forces Driving the Rate of Change
Supply Chain Definition
CRM Customer Relationship Management
44. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Major categories of metrics
Strategic Role of I.T.
Cost/Value Issue
CIF
45. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Types of 3PLs
Service Logistics
Order Cycle Time
Ports
46. Right product - right time - right quantity - right quality - right cost - right destination
Strategic Example
Performance Measurement Issue
Top US exports to China
Transportation Management Issue
47. 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
Types of 3PLs
Strategic Role of I.T.
MRP
Supply Chain Security Issue
48. Procurement and Manufacturing - value adding activities
Arm's Length
Forecasting
FAS
Third Party Logistics Industry
49. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Component Support
Order Cycle Time
Strategic Relationship
MRP
50. Processes for developing and implementing successful relationship
Factors Affecting Demand
Supply Chain Relationship
Utility(ies) associated with Marketing
Forecast Errors