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. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






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






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






4. Electrical Machinery - Power Generation Equipment.






5. 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.






6. Free Alongside Ship






7. Enlightened - Educated - easy access to Internet






8. 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






9. Influences product availability






10. Processes for developing and implementing successful relationship






11. Strategic Alliance






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


13. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






15. Partner






16. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






17. Fast - high rate






18. 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






19. Influencing the order - order execution






20. 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.






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






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






23. Sales and Order Processing






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






25. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






26. Anything that touches the customer






27. Electrical Machinery - Power Generation Equipment






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






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






30. Challenge is to evaluate and successfully implement the technology






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






32. Free On Board






33. Cost and Freight






34. 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






35. Primarily created through the basic marketing activities related to the promotion of products and services -






36. Return on Assets.






37. Warehouse Management System






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






39. Producer to Store - servicing the customer






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






41. The time that elapses from when a buyer places an order until receipt of the order






42. The ________ is associated with downstream activities.






43. Distribution Requirement Planning






44. Cost - Insurance - and Freight






45. Product/Service - Information - Finance






46. Management of Product/Service - Information - and Cash Flows.






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






48. Enterprise Resource Planning






49. 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






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