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Test your basic knowledge |
Business Logistics Management
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Subject
:
business-skills
Instructions:
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. 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).
Event Logistics
Order Cycle Time
Performance Measurement Issue
CPFR
2. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
WMS
Service Logistics
Top US exports to China
Inventory Deployment Issue
3. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
The Micro Dimension
R's of Information
Forecast Errors
Strategic Relationship
4. Deregulation: Transportation - Communications - and Financial Institutions
Strategic Relationship
Organizational Relationships Issue
Government Regulations and Policy Force
Transportation Management Issue
5. Export goods and services to overseas buyers and handles most of the export arrangements.
3rd Party Logistics
Supply Chain Network Issue
Quantity Utility Definition
Export Trading Companies
6. Order Fill Rate - Perfect Order
Internal Society of Logistics
External Metrics
Supply Chain Network Issue
Inventory
7. Sales and Order Processing
Types of Forecasts
S&OP
Forecasting
The Micro Dimension
8. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
NAFTA
Factors Affecting Demand
Supply Chain Definition
Forces Driving the Rate of Change
9. Form - Time - Place - Quantity - Possession
Performance Categories
The Micro Dimension
Value Added Role of Logistics (5 types of utility)
Transactional Relationship
10. Getting the right product - to the right customer - in the right quantity - in the right condition - at the right place - at the right time - and at the right cost.
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11. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
CPFR
NAFTA
Logistics
Transportation Management Issue
12. Electrical Machinery - Power Generation Equipment
Top US exports to China
3rd Party Logistics
Export Management Companies
Empowered Customer Force
13. Transportation Management System
CFR
Information Requirements
Form Utility Definition
TMS
14. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Service Logistics
Types of Forecasts
Empowered Customer Force
Supply Chain Network Issue
15. Item Fill Rate - Line Fill Rate
Internal Metrics
4PL
DRP
Internal Society of Logistics
16. The ________ is associated with downstream activities.
Supply Chain
Supply Chain Flows
Utility(ies) associated with Logistics
Air
17. Value added to goods through a manufacturing or assembly process.
Form Utility Definition
Utility(ies) associated with Production
Balancing Supply/Demand
Strategic Role of I.T.
18. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Inbound
Export Trading Companies
Vertical Relationship
Ports
19. Cost - Insurance - and Freight
Strategic Relationship
Forces Driving the Rate of Change
CIF
Possession Utility
20. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Logistics
Complexity Issue
Common Culture
Supply Chain Security Issue
21. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Transactional Relationship
Complexity Issue
Value Added Role of Logistics (5 types of utility)
Two Phases of order mgmt.
22. Processes for developing and implementing successful relationship
Supply Chain Relationship
DRP
Business Logistics
Physical Distribution
23. Reliability - Responsiveness - Flexibility - Cost - Assets
Supply Chain Definition
Strategic Relationship
CPFR
Major categories of metrics
24. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Performance Measurement Issue
Top US exports to China
Utility(ies) associated with Marketing
Supply Chain Issues
25. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ
Outbound
Business Logistics
Factors Affecting Demand
Four Subdivisions of Logistics
26. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Motor
Ports
Horizontal Relationships
Order Cycle Time
27. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Transactional Relationship
Types of 3PLs
Collaborative Relationship
DRP
28. Producer to Store - servicing the customer
Council of Supply Chain Management
Value Added Role of Logistics (5 types of utility)
Information Issue
Outbound
29. Measures cost and performance of activities.
CRM Customer Relationship Management
Form Utility Definition
ABC Activity-Based Costing
Quantity Utility Definition
30. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
FAS
Two Phases of order mgmt.
Logistics Management
31. Procurement and Manufacturing - value adding activities
Balancing Supply/Demand
Forecasting
Customer (7 R's of logistics)
Inventory Deployment Issue
32. Challenge is to evaluate and successfully implement the technology
Categories of Logistics Quantification Pyramid
Technology Issue
CIF
Top US trading partners
33. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Component Support
Physical Distribution
Customer Service
Outbound
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
Common Culture
Utility(ies) associated with Marketing
MRP
Inventory Deployment Issue
35. 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
Immutable Laws of Collaborative Logistics
Integrated Supply Chain
Logistics Management
4PL
36. Canada - China - Mexico
CPFR
Performance Categories
Information Requirements
Top US trading partners
37. Focuses on the outbound side of of a firm's logistics system.
MRP
Physical Distribution
Cost/Value Issue
C-TPAT
38. Vendor
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39. Fast - high rate
Top US trading partners
ABC Activity-Based Costing
Air
Ports
40. 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.
Military Logistics
Supply Chain Relationship
Strategic Role of I.T.
Freight Forwarder
41. Value added by delivering the proper amount of a good.
S&OP
Quantity Utility Definition
Council of Supply Chain Management
Strategic Example
42. 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.
Council of Supply Chain Management
Export Management Companies
Integrated Supply Chain
Performance Measurement Issue
43. 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
Forecasting
Transactional Relationship
Collaborative Relationship
Strategic Role of I.T.
44. Form Utility
FOB
Vertical Relationship
Utility(ies) associated with Production
Supply Chain Issues
45. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Order Cycle Time
Strategic Relationship
Balancing Supply/Demand
Event Logistics
46. Customers trade partnership against terrorism
Technology Issue
Logistics Activities
C-TPAT
3rd Party Logistics
47. Possession Utility
Types of Forecasts
Government Regulations and Policy Force
Utility(ies) associated with Marketing
Customer (7 R's of logistics)
48. Materials Requirement Planning
Logistics Management
DRP
C-TPAT
MRP
49. 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
Logistics Activities
Horizontal Relationships
Forces Driving the Rate of Change
Export Trading Companies
50. Partner
Collaborative Example
Information Requirements
Value Added Role of Logistics (5 types of utility)
Supply Chain Network Issue
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