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






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






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






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

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5. CFE - MSE - MAD - MAPE






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






7. Critical part of global supply chains






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






9. Procurement and Manufacturing - value adding activities






10. Fast - high rate






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






12. Reliability - Responsiveness - Flexibility - Cost - Assets






13. 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.






14. Distribution Requirement Planning






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






16. 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






17. Vendor

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18. Time Utility - Place Utility - Quantity Utility






19. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






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






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






22. Canada - China - Mexico






23. 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.






24. Transportation Management System






25. Plays large part in intermodal shipments.






26. 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.






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






28. Deregulation: Transportation - Communications - and Financial Institutions






29. Enlightened - Educated - easy access to Internet






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






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






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






33. Management of materials in motion and at rest.






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






35. Partner






36. Influencing the order - order execution






37. Form Utility






38. Enterprise Resource Planning






39. Processes for developing and implementing successful relationship






40. Collaborative Planning - Forecasting - and Replenishment






41. Product/Service - Information - Finance






42. Organizations require collaboration or cooperation.






43. Warehouse Management System






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






45. Anything that touches the customer






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






47. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






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






49. Marketing - Manufacturing/operations - Finance - Accounting






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







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Can you answer 50 questions in 15 minutes?


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