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. Challenge is to evaluate and successfully implement the technology






2. Procurement and Manufacturing - value adding activities






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






4. Procurement and Manufacturing - value adding activities






5. Cost and Freight






6. Management of materials in motion and at rest.






7. Influences product availability






8. 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






9. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






10. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






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






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






14. Delivered Duty Paid






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






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






17. 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.






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






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






20. Reliability - Responsiveness - Flexibility - Cost - Assets






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






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






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






24. Plays large part in intermodal shipments.






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






26. Enterprise Resource Planning






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






28. 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






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






30. Collaborative Planning - Forecasting - and Replenishment






31. Electrical Machinery - Power Generation Equipment.






32. Return on Assets.






33. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






34. Value added by delivering the proper amount of a good.






35. Product/Service - Information - Finance






36. Strategic Alliance






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






38. Influencing the order - order execution






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






40. Relevant - Accurate - Accessible - Timely - Transferable






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






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






43. Sales and Order Processing






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






45. Producer to Store - servicing the customer






46. The ________ is associated with downstream activities.






47. Time - Dependability - Communications - Convenience






48. Enlightened - Educated - easy access to Internet






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






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