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Test your basic knowledge |
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. Marketing - Manufacturing/operations - Finance - Accounting
ERP
The Micro Dimension
Third Party Logistics Industry
DRP
2. Influences product availability
3rd Party Logistics
Order Cycle Time
Performance Measurement Issue
Empowered Customer Force
3. Relevant - Accurate - Accessible - Timely - Transferable
Physical Distribution
The Micro Dimension
MRP
Information Requirements
4. 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
Top US exports to China
Customer Service
R's of Information
Strategic Role of I.T.
5. Partner
Information Issue
Ocean
Arm's Length
Collaborative Example
6. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Immutable Laws of Collaborative Logistics
Types of 3PLs
Logistics
ABC Activity-Based Costing
7. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
ABC Activity-Based Costing
CRM Customer Relationship Management
Quantity Utility Definition
8. Time Utility - Place Utility - Quantity Utility
Event Logistics
Top US exports to China
Utility(ies) associated with Logistics
NAFTA
9. Procurement and Manufacturing - value adding activities
Collaborative Relationship
Forecasting
Major categories of metrics
MRP
10. Both parties in a vendor relational are said to be at "arm's" length.
Organizational Consolidation Force
Ocean
Transactional Relationship
Categories of Logistics Quantification Pyramid
11. Delivered Duty Paid
3rd Party Logistics
Factors Affecting Demand
Top US imports from China
DDP
12. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Transportation Management Issue
NAFTA
Two Phases of order mgmt.
Forces Driving the Rate of Change
13. Adding value to products by making them available when they're needed.
Export Management Companies
Time Utility Definition
Event Logistics
Complexity Issue
14. Free Alongside Ship
FAS
ABC Activity-Based Costing
Cost/Value Issue
Strategic Example
15. The management of the movement of materials and information within - into - and out of the firm
Government Regulations and Policy Force
Logistics Management
3rd Party Logistics
ERP
16. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Utility(ies) associated with Marketing
CIF
Supply Chain Relationship
17. Primarily created through the basic marketing activities related to the promotion of products and services -
Possession Utility
4PL
Third Party Logistics Industry
ABC Activity-Based Costing
18. Electrical Machinery - Power Generation Equipment
Inventory
Freight Forwarder
Component Support
Top US exports to China
19. Analyze and evaluate on organizations efficiency over a time period.
Performance Measurement Issue
Logistics Activities
CPFR
Top US exports to China
20. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Possession Utility
Supply Chain Issues
Supply Chain Flows
Internal Society of Logistics
21. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Physical Distribution
Utility(ies) associated with Production
Collaborative Example
22. Enterprise Resource Planning
C-TPAT
ERP
Factors Affecting Demand
Business Logistics
23. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Inventory
DDP
ERP
Strategic Relationship
24. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Vertical Relationship
Ports
Complexity Issue
Dimensions of customer service
25. Time - Dependability - Communications - Convenience
Types of 3PLs
Service Logistics
FAS
Dimensions of customer service
26. Enlightened - Educated - easy access to Internet
Empowered Customer Force
ABC Activity-Based Costing
Customer Service
Council of Supply Chain Management
27. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
CRM Customer Relationship Management
NAFTA
Inventory Deployment Issue
Horizontal Relationships
28. Challenge is to evaluate and successfully implement the technology
CPFR
ERP
Top US exports to China
Technology Issue
29. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
NAFTA
Global Markets Characteristics
Types of 3PLs
Horizontal Relationships
30. Form Utility
Supply Chain Network Issue
Horizontal Relationships
Utility(ies) associated with Production
Order Cycle Time
31. Anything that touches the customer
Export Management Companies
Customer Service
Order Cycle Time
Organizational Consolidation Force
32. Producer to Store - servicing the customer
Council of Supply Chain Management
Freight Forwarder
Outbound
Balancing Supply/Demand
33. Procurement and Manufacturing - value adding activities
Inbound
Air
NAFTA
Information Requirements
34. 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.
Outbound
Technology Issue
Service Logistics
Information Issue
35. Distribution Requirement Planning
Service Logistics
Performance Measurement Issue
DRP
Forces Driving the Rate of Change
36. Value added to goods through a manufacturing or assembly process.
Component Support
Form Utility Definition
4PL
Time Utility Definition
37. 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
Factors Affecting Demand
Logistics Activities
Customer (7 R's of logistics)
Two Phases of order mgmt.
38. Customers trade partnership against terrorism
NAFTA
Strategic Relationship
Two Phases of order mgmt.
C-TPAT
39. Processes for developing and implementing successful relationship
Types of 3PLs
Supply Chain Relationship
Outbound
FAS
40. Canada - China - Mexico
Business Logistics
Top US trading partners
Export Management Companies
Top US exports to China
41. Strategic Alliance
Event Logistics
Inventory Deployment Issue
Strategic Example
ERP
42. Return on Assets.
ROA
Top US imports from China
CRM Customer Relationship Management
Third Party Logistics Industry
43. Export goods and services to overseas buyers and handles most of the export arrangements.
Performance Measurement Issue
Export Trading Companies
Event Logistics
Organizational Relationships Issue
44. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Council of Supply Chain Management
Supply Chain Security Issue
Outbound
Supply Chain Network Issue
45. Product/Service - Information - Finance
Utility(ies) associated with Production
Supply Chain Flows
CIF
Top US trading partners
46. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Logistics
Globalization Force
Utility(ies) associated with Marketing
47. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
The Micro Dimension
Customer (7 R's of logistics)
Component Support
Forecast Errors
48. Cost and Freight
CFR
Transactional Relationship
Steps in implementing CRM
Categories of Logistics Quantification Pyramid
49. Fast - high rate
Factors Affecting Demand
Inbound
Place Utility Definition
Air
50. The most pervasive and important global shipment method. Low rates - wide variety of products
Strategic Example
Inventory Deployment Issue
Ocean
Utility(ies) associated with Logistics