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






2. Transportation Management System






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






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






5. 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.






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






7. Time - Dependability - Communications - Convenience






8. Distribution Requirement Planning






9. Strategic Alliance






10. 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).






11. 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






12. Management of materials in motion and at rest.






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






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






16. Electrical Machinery - Power Generation Equipment.






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






18. Processes for developing and implementing successful relationship






19. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






20. 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






21. Time - Quality - Cost - Supporting Metrics






22. Return on Assets.






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






24. Fast - high rate






25. Form Utility






26. Anything that touches the customer






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






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






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






30. 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.






31. Analyze and evaluate on organizations efficiency over a time period.






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






33. Time Utility - Place Utility - Quantity Utility






34. Warehouse Management System






35. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






36. Product/Service - Information - Finance






37. Canada - China - Mexico






38. Producer to Store - servicing the customer






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






40. Enterprise Resource Planning






41. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






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






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






44. Item Fill Rate - Line Fill Rate






45. 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.






46. Procurement and Manufacturing - value adding activities






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






48. Act as agents for domestic firms in the international arena.






49. Right: information - partner - quantity - format - time - place - cost

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50. 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