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Test your basic knowledge |
Business Logistics Management
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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. Reliability - Responsiveness - Flexibility - Cost - Assets
Logistics Activities
Forecasting
Major categories of metrics
Organizational Relationships Issue
2. Form - Time - Place - Quantity - Possession
Military Logistics
CFR
Value Added Role of Logistics (5 types of utility)
Utility(ies) associated with Logistics
3. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
S&OP
Top US exports to China
Factors Affecting Demand
Supply Chain Definition
4. 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
Two Phases of order mgmt.
Technology Force
Service Logistics
Common Culture
5. Management of Product/Service - Information - and Cash Flows.
C-TPAT
Utility(ies) associated with Logistics
Integrated Supply Chain
Supply Chain Definition
6. 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
Supply Chain Issues
Strategic Role of I.T.
Logistics
R's of Information
7. Primarily created through the basic marketing activities related to the promotion of products and services -
Utility(ies) associated with Logistics
Possession Utility
Organizational Relationships Issue
Forecast Errors
8. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Organizational Consolidation Force
Top US imports from China
Logistics Management
Top US exports to China
9. An external supplier that performs all or part of a company's logistics functions.
DDP
FAS
Event Logistics
3rd Party Logistics
10. Time - Dependability - Communications - Convenience
Dimensions of customer service
Transactional Relationship
Inventory
Information Issue
11. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Military Logistics
Export Management Companies
Physical Distribution
12. Free Alongside Ship
Government Regulations and Policy Force
FAS
External Metrics
Time Utility Definition
13. Right product - right time - right quantity - right quality - right cost - right destination
Inventory
4PL
Transportation Management Issue
Two Phases of order mgmt.
14. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Global Markets Characteristics
Physical Distribution
Globalization Force
Service Logistics
15. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Freight Forwarder
Supply Chain Relationship
Customer (7 R's of logistics)
16. CFE - MSE - MAD - MAPE
Steps in implementing CRM
Vertical Relationship
Council of Supply Chain Management
Forecast Errors
17. Form Utility
Service Logistics
Internal Society of Logistics
Possession Utility
Utility(ies) associated with Production
18. 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.
Export Management Companies
Council of Supply Chain Management
Technology Force
The Micro Dimension
19. Time - Quality - Cost - Supporting Metrics
Performance Categories
Collaborative Example
Internal Society of Logistics
Military Logistics
20. Transportation Management System
Supply Chain Issues
TMS
Strategic Role of I.T.
Collaborative Example
21. The time that elapses from when a buyer places an order until receipt of the order
Customer Service
Order Cycle Time
Supply Chain Issues
ROA
22. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
3rd Party Logistics
Top US imports from China
Types of 3PLs
Steps in implementing CRM
23. The ________ is associated with downstream activities.
Types of 3PLs
Categories of Logistics Quantification Pyramid
Performance Categories
Supply Chain
24. Deregulation: Transportation - Communications - and Financial Institutions
Types of Forecasts
Strategic Example
Government Regulations and Policy Force
Common Culture
25. 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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26. Sales and Order Processing
3rd Party Logistics
Ports
Inbound
S&OP
27. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Supply Chain Relationship
Vertical Relationship
Global Markets Characteristics
Outbound
28. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Top US exports to China
Strategic Relationship
Strategic Role of I.T.
ROA
29. Distribution Requirement Planning
Form Utility Definition
CFR
DRP
MRP
30. Materials Requirement Planning
Performance Measurement Issue
Collaborative Relationship
MRP
Order Cycle Time
31. The most pervasive and important global shipment method. Low rates - wide variety of products
Ocean
Top US exports to China
Performance Measurement Issue
Organizational Relationships Issue
32. Measures cost and performance of activities.
Freight Forwarder
CFR
ABC Activity-Based Costing
Four Subdivisions of Logistics
33. Analyze and evaluate on organizations efficiency over a time period.
Performance Measurement Issue
Supply Chain Relationship
Third Party Logistics Industry
Categories of Logistics Quantification Pyramid
34. Electrical Machinery - Power Generation Equipment
Top US exports to China
Common Culture
Technology Issue
ROA
35. Adding value to products by having them where people want them.
Logistics Activities
Forecasting
Customer Service
Place Utility Definition
36. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
NAFTA
Customer Service
Supply Chain Security Issue
Four Subdivisions of Logistics
37. Order Fill Rate - Perfect Order
Balancing Supply/Demand
Time Utility Definition
External Metrics
Customer (7 R's of logistics)
38. Anything that touches the customer
Third Party Logistics Industry
Time Utility Definition
Event Logistics
Customer Service
39. Influencing the order - order execution
Empowered Customer Force
Place Utility Definition
Two Phases of order mgmt.
CFR
40. 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.
ROA
3rd Party Logistics
Global Markets Characteristics
Information Issue
41. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Internal Society of Logistics
Form Utility Definition
Logistics Management
External Metrics
42. 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
Business Logistics
Supply Chain Security Issue
Outbound
Major categories of metrics
43. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Empowered Customer Force
Balancing Supply/Demand
Cost/Value Issue
44. The management of the movement of materials and information within - into - and out of the firm
Council of Supply Chain Management
C-TPAT
Logistics Management
Order Cycle Time
45. Possession Utility
Transportation Management Issue
Utility(ies) associated with Marketing
Supply Chain Issues
Supply Chain Definition
46. Organizations require collaboration or cooperation.
The Micro Dimension
Strategic Role of I.T.
Major categories of metrics
Organizational Relationships Issue
47. Challenge is to evaluate and successfully implement the technology
FAS
Technology Issue
Event Logistics
C-TPAT
48. 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
Two Phases of order mgmt.
MRP
Logistics Activities
Top US imports from China
49. Enterprise Resource Planning
Supply Chain
Top US imports from China
Information Issue
ERP
50. Relevant - Accurate - Accessible - Timely - Transferable
Information Requirements
Possession Utility
FOB
Logistics Management