Test your basic knowledge |

Business Logistics Management

Subject : business-skills
  • Answer 50 questions in 15 minutes.
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  • 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

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


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

5. The ________ is associated with downstream activities.

6. Partner

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

8. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.

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

10. 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.

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

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

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

14. Customers trade partnership against terrorism

15. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance

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

17. Warehouse Management System

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

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

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

22. Anything that touches the customer

23. Deregulation: Transportation - Communications - and Financial Institutions

24. Procurement and Manufacturing - value adding activities

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

26. Challenge is to evaluate and successfully implement the technology

27. Business Logistics - Military Logistics - Event Logistics - Service Logistics

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

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

30. Distribution Requirement Planning

31. Free Alongside Ship

32. Influences product availability

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

34. Delivered Duty Paid

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

36. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle

37. Item Fill Rate - Line Fill Rate

38. Form - Time - Place - Quantity - Possession

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

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

41. Form Utility

42. Relevant - Accurate - Accessible - Timely - Transferable

43. Plays large part in intermodal shipments.

44. 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.

45. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.

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

47. Procurement and Manufacturing - value adding activities

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

49. Canada - China - Mexico

50. Transportation Management System