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. Time - Dependability - Communications - Convenience






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






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






4. Challenge is to evaluate and successfully implement the technology






5. Delivered Duty Paid






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






7. Influencing the order - order execution






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






9. Relevant - Accurate - Accessible - Timely - Transferable






10. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






11. Cost - Insurance - and Freight






12. Time Utility - Place Utility - Quantity Utility






13. Critical part of global supply chains






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






15. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






16. 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.






17. An external supplier that performs all or part of a company's logistics functions.






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






19. Sales and Order Processing






20. Reliability - Responsiveness - Flexibility - Cost - Assets






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






22. Anything that touches the customer






23. 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






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






25. 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.






26. Order Fill Rate - Perfect Order






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






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






29. Business Logistics - Military Logistics - Event Logistics - Service Logistics






30. 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.






31. Materials Requirement Planning






32. Organizations require collaboration or cooperation.






33. Cost and Freight






34. Enlightened - Educated - easy access to Internet






35. Transportation Management System






36. The ________ is associated with downstream activities.






37. Strategic Alliance






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

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39. Form Utility






40. Processes for developing and implementing successful relationship






41. 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).






42. Producer to Store - servicing the customer






43. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






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






46. Canada - China - Mexico






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






48. Item Fill Rate - Line Fill Rate






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






50. Time - Quality - Cost - Supporting Metrics