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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. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Global Markets Characteristics
Cost/Value Issue
Technology Force
Globalization Force
2. Enlightened - Educated - easy access to Internet
Empowered Customer Force
Supply Chain Security Issue
The Micro Dimension
Types of Forecasts
3. Marketing - Manufacturing/operations - Finance - Accounting
Top US imports from China
The Micro Dimension
Dimensions of customer service
Forecast Errors
4. Warehouse Management System
Logistics
Ocean
Inventory Deployment Issue
WMS
5. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Freight Forwarder
Inventory
Strategic Relationship
DDP
6. 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.
Performance Categories
Council of Supply Chain Management
Customer (7 R's of logistics)
Export Management Companies
7. Partner
Collaborative Example
Supply Chain
Steps in implementing CRM
Vertical Relationship
8. Processes for developing and implementing successful relationship
Logistics
Supply Chain Relationship
Two Phases of order mgmt.
Information Requirements
9. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Organizational Consolidation Force
FOB
S&OP
NAFTA
10. Plays large part in intermodal shipments.
CIF
NAFTA
Organizational Relationships Issue
Motor
11. Right product - right time - right quantity - right quality - right cost - right destination
The Micro Dimension
Strategic Role of I.T.
Transportation Management Issue
ROA
12. Procurement and Manufacturing - value adding activities
Forecasting
Logistics
Strategic Role of I.T.
Technology Issue
13. Materials Requirement Planning
MRP
Internal Society of Logistics
Air
Supply Chain Issues
14. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Internal Society of Logistics
Supply Chain Issues
Complexity Issue
Supply Chain Security Issue
15. Canada - China - Mexico
Form Utility Definition
Top US trading partners
Supply Chain Network Issue
Steps in implementing CRM
16. Cost and Freight
CFR
Internal Society of Logistics
WMS
Arm's Length
17. 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).
4PL
Collaborative Relationship
Logistics Management
Event Logistics
18. The ________ is associated with downstream activities.
Order Cycle Time
Supply Chain
Collaborative Example
Utility(ies) associated with Logistics
19. Value added to goods through a manufacturing or assembly process.
Transactional Relationship
Supply Chain Definition
Common Culture
Form Utility Definition
20. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Freight Forwarder
Supply Chain Issues
Logistics
Performance Categories
21. Sales and Order Processing
S&OP
Logistics
Utility(ies) associated with Production
Ports
22. Challenge is to evaluate and successfully implement the technology
Arm's Length
Export Trading Companies
Technology Issue
Forces Driving the Rate of Change
23. Management of Product/Service - Information - and Cash Flows.
Complexity Issue
CPFR
Supply Chain Definition
Motor
24. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
ROA
Supply Chain Definition
Types of 3PLs
CPFR
25. Relevant - Accurate - Accessible - Timely - Transferable
Order Cycle Time
Inventory
Motor
Information Requirements
26. How firms in this industry create value for their commercial clients
Top US exports to China
Third Party Logistics Industry
Customer (7 R's of logistics)
Value Added Role of Logistics (5 types of utility)
27. Deregulation: Transportation - Communications - and Financial Institutions
Forecast Errors
Government Regulations and Policy Force
Order Cycle Time
WMS
28. Both parties in a vendor relational are said to be at "arm's" length.
ABC Activity-Based Costing
Transactional Relationship
Top US imports from China
Forecasting
29. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
WMS
Forecast Errors
Vertical Relationship
Order Cycle Time
30. Form Utility
Possession Utility
Utility(ies) associated with Production
Top US imports from China
Transportation Management Issue
31. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Outbound
Customer (7 R's of logistics)
Types of 3PLs
Four Subdivisions of Logistics
32. Free On Board
Utility(ies) associated with Logistics
Motor
FOB
CRM Customer Relationship Management
33. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Types of Forecasts
Quantity Utility Definition
Globalization Force
C-TPAT
34. Transportation Management System
Collaborative Relationship
MRP
Immutable Laws of Collaborative Logistics
TMS
35. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Globalization Force
Service Logistics
Utility(ies) associated with Marketing
WMS
36. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Business Logistics
Military Logistics
Place Utility Definition
Freight Forwarder
37. Item Fill Rate - Line Fill Rate
Integrated Supply Chain
Form Utility Definition
Customer (7 R's of logistics)
Internal Metrics
38. Adding value to products by making them available when they're needed.
Supply Chain Flows
Inbound
Time Utility Definition
Arm's Length
39. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Military Logistics
Component Support
Customer Service
NAFTA
40. Enterprise Resource Planning
ERP
Place Utility Definition
Technology Force
Common Culture
41. Analyze and evaluate on organizations efficiency over a time period.
Transactional Relationship
Performance Measurement Issue
Four Subdivisions of Logistics
The Micro Dimension
42. Adding value to products by having them where people want them.
C-TPAT
Place Utility Definition
Strategic Role of I.T.
Utility(ies) associated with Marketing
43. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Forecast Errors
C-TPAT
Global Markets Characteristics
Order Cycle Time
44. Measures cost and performance of activities.
R's of Information
3rd Party Logistics
ABC Activity-Based Costing
Physical Distribution
45. Vendor
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46. Export goods and services to overseas buyers and handles most of the export arrangements.
Export Trading Companies
Third Party Logistics Industry
Transactional Relationship
Forecast Errors
47. CFE - MSE - MAD - MAPE
Order Cycle Time
Forecast Errors
Collaborative Example
Information Requirements
48. The most pervasive and important global shipment method. Low rates - wide variety of products
ABC Activity-Based Costing
Ocean
3rd Party Logistics
Utility(ies) associated with Production
49. An external supplier that performs all or part of a company's logistics functions.
4PL
Collaborative Example
3rd Party Logistics
Value Added Role of Logistics (5 types of utility)
50. Act as agents for domestic firms in the international arena.
Place Utility Definition
Categories of Logistics Quantification Pyramid
Export Management Companies
Ocean