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






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






3. Cost and Freight






4. Strategic Alliance






5. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






6. Form - Time - Place - Quantity - Possession






7. 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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8. 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






9. Customers trade partnership against terrorism






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






11. 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






12. Plays large part in intermodal shipments.






13. Challenge is to evaluate and successfully implement the technology






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






15. Product/Service - Information - Finance






16. Distribution Requirement Planning






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






18. Management of materials in motion and at rest.






19. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






20. Measures cost and performance of activities.






21. Sales and Order Processing






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






23. Marketing - Manufacturing/operations - Finance - Accounting






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






25. Reliability - Responsiveness - Flexibility - Cost - Assets






26. Critical part of global supply chains






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






28. Analyze and evaluate on organizations efficiency over a time period.






29. Canada - China - Mexico






30. Influences product availability






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






32. The most pervasive and important global shipment method. Low rates - wide variety of products






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






34. Influencing the order - order execution






35. Order Fill Rate - Perfect Order






36. 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.






37. Warehouse Management System






38. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






39. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






40. Business Logistics - Military Logistics - Event Logistics - Service Logistics






41. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






42. Anything that touches the customer






43. Free Alongside Ship






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






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






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






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






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






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






50. Fast - high rate