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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. Adding value to products by making them available when they're needed.
External Metrics
Forces Driving the Rate of Change
Strategic Role of I.T.
Time Utility Definition
2. 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).
Component Support
Event Logistics
Top US imports from China
Inbound
3. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Service Logistics
Component Support
Business Logistics
Council of Supply Chain Management
4. Primarily created through the basic marketing activities related to the promotion of products and services -
Ocean
Order Cycle Time
Possession Utility
ERP
5. Fast - high rate
Air
Third Party Logistics Industry
Top US imports from China
Event Logistics
6. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Top US exports to China
WMS
Horizontal Relationships
Common Culture
7. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
WMS
Ports
Supply Chain Issues
Arm's Length
8. 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
Council of Supply Chain Management
Immutable Laws of Collaborative Logistics
Strategic Relationship
Value Added Role of Logistics (5 types of utility)
9. Measures cost and performance of activities.
Globalization Force
ABC Activity-Based Costing
Place Utility Definition
Collaborative Relationship
10. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Types of 3PLs
Supply Chain Flows
Supply Chain Definition
WMS
11. Customers trade partnership against terrorism
ERP
NAFTA
C-TPAT
Export Trading Companies
12. Analyze and evaluate on organizations efficiency over a time period.
External Metrics
Immutable Laws of Collaborative Logistics
Performance Measurement Issue
Forces Driving the Rate of Change
13. Warehouse Management System
WMS
Collaborative Relationship
Event Logistics
Business Logistics
14. The ________ is associated with downstream activities.
Air
CFR
Supply Chain
Immutable Laws of Collaborative Logistics
15. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Utility(ies) associated with Logistics
Vertical Relationship
DDP
CRM Customer Relationship Management
16. Management of materials in motion and at rest.
Inventory
Utility(ies) associated with Logistics
WMS
Two Phases of order mgmt.
17. Deregulation: Transportation - Communications - and Financial Institutions
Component Support
Order Cycle Time
Government Regulations and Policy Force
4PL
18. Value added by delivering the proper amount of a good.
Quantity Utility Definition
Horizontal Relationships
Outbound
Ports
19. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Types of 3PLs
NAFTA
Types of Forecasts
ROA
20. Processes for developing and implementing successful relationship
Supply Chain Relationship
Inbound
Council of Supply Chain Management
The Micro Dimension
21. Free On Board
Third Party Logistics Industry
Globalization Force
FOB
Physical Distribution
22. Canada - China - Mexico
Balancing Supply/Demand
Organizational Relationships Issue
Cost/Value Issue
Top US trading partners
23. Possession Utility
Forecast Errors
Third Party Logistics Industry
Ports
Utility(ies) associated with Marketing
24. Form Utility
Freight Forwarder
Utility(ies) associated with Production
CRM Customer Relationship Management
ROA
25. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Dimensions of customer service
Information Requirements
Possession Utility
Factors Affecting Demand
26. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Customer (7 R's of logistics)
Freight Forwarder
Collaborative Relationship
Ports
27. Producer to Store - servicing the customer
Outbound
FOB
DDP
Dimensions of customer service
28. Adding value to products by having them where people want them.
Information Requirements
Component Support
Place Utility Definition
Time Utility Definition
29. Distribution Requirement Planning
MRP
DRP
ROA
Two Phases of order mgmt.
30. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Cost/Value Issue
FOB
ABC Activity-Based Costing
Utility(ies) associated with Logistics
31. Item Fill Rate - Line Fill Rate
C-TPAT
Forecast Errors
R's of Information
Internal Metrics
32. Order Fill Rate - Perfect Order
Supply Chain Definition
External Metrics
Strategic Relationship
Performance Measurement Issue
33. Management of Product/Service - Information - and Cash Flows.
Technology Issue
Cost/Value Issue
Supply Chain Definition
Logistics
34. Vendor
35. Cost - Insurance - and Freight
The Micro Dimension
Global Markets Characteristics
R's of Information
CIF
36. Cost and Freight
CFR
Arm's Length
Strategic Relationship
Transportation Management Issue
37. 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.
Vertical Relationship
Utility(ies) associated with Production
Information Issue
Place Utility Definition
38. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Information Issue
Council of Supply Chain Management
Organizational Consolidation Force
Balancing Supply/Demand
39. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Form Utility Definition
Internal Society of Logistics
S&OP
The Micro Dimension
40. Transportation Management System
Supply Chain Relationship
Physical Distribution
TMS
Service Logistics
41. 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
Government Regulations and Policy Force
Organizational Relationships Issue
R's of Information
Strategic Role of I.T.
42. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Transportation Management Issue
Organizational Consolidation Force
Global Markets Characteristics
Inventory Deployment Issue
43. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Customer (7 R's of logistics)
Logistics
Inventory
Factors Affecting Demand
44. Product/Service - Information - Finance
Utility(ies) associated with Logistics
Supply Chain Flows
Dimensions of customer service
Forecast Errors
45. Organizations require collaboration or cooperation.
Organizational Relationships Issue
Possession Utility
Business Logistics
CRM Customer Relationship Management
46. Sales and Order Processing
Quantity Utility Definition
Logistics
Supply Chain Relationship
S&OP
47. 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
Dimensions of customer service
Order Cycle Time
CPFR
48. How firms in this industry create value for their commercial clients
Government Regulations and Policy Force
Third Party Logistics Industry
Inbound
Service Logistics
49. Challenge is to evaluate and successfully implement the technology
Component Support
Place Utility Definition
C-TPAT
Technology Issue
50. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
NAFTA
Utility(ies) associated with Logistics
Vertical Relationship
Collaborative Relationship