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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.
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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. Reliability - Responsiveness - Flexibility - Cost - Assets
Transactional Relationship
Ocean
ABC Activity-Based Costing
Major categories of metrics
2. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Inbound
WMS
Collaborative Relationship
Forecasting
3. Return on Assets.
Steps in implementing CRM
Cost/Value Issue
ROA
Outbound
4. Warehouse Management System
Supply Chain Network Issue
WMS
Export Management Companies
Performance Measurement Issue
5. The ________ is associated with downstream activities.
Supply Chain
Empowered Customer Force
DRP
External Metrics
6. Influencing the order - order execution
Immutable Laws of Collaborative Logistics
Two Phases of order mgmt.
Place Utility Definition
Export Management Companies
7. Vendor
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8. Canada - China - Mexico
Export Management Companies
Value Added Role of Logistics (5 types of utility)
Top US trading partners
WMS
9. Focuses on the outbound side of of a firm's logistics system.
Transactional Relationship
Physical Distribution
Organizational Consolidation Force
Four Subdivisions of Logistics
10. Item Fill Rate - Line Fill Rate
Technology Issue
Internal Metrics
Supply Chain Definition
ROA
11. Delivered Duty Paid
DDP
Globalization Force
Empowered Customer Force
Dimensions of customer service
12. 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
Strategic Example
MRP
CIF
Logistics Activities
13. 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.
Ports
Supply Chain Flows
Council of Supply Chain Management
ERP
14. Right: information - partner - quantity - format - time - place - cost
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15. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
The Micro Dimension
Possession Utility
Logistics
Technology Force
16. Procurement and Manufacturing - value adding activities
Physical Distribution
Utility(ies) associated with Marketing
Forecasting
WMS
17. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Organizational Relationships Issue
Categories of Logistics Quantification Pyramid
Government Regulations and Policy Force
Order Cycle Time
18. Plays large part in intermodal shipments.
Motor
Top US exports to China
Vertical Relationship
Customer (7 R's of logistics)
19. Sales and Order Processing
Internal Society of Logistics
The Micro Dimension
Immutable Laws of Collaborative Logistics
S&OP
20. CFE - MSE - MAD - MAPE
Possession Utility
Logistics Activities
Forecast Errors
Supply Chain
21. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Factors Affecting Demand
Immutable Laws of Collaborative Logistics
Arm's Length
Utility(ies) associated with Production
22. Analyze and evaluate on organizations efficiency over a time period.
Customer Service
Performance Measurement Issue
Outbound
Inventory
23. Free On Board
FOB
Utility(ies) associated with Marketing
Information Requirements
DDP
24. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Supply Chain Security Issue
Forces Driving the Rate of Change
Strategic Relationship
Types of 3PLs
25. Challenge is to evaluate and successfully implement the technology
Transportation Management Issue
Technology Issue
Inbound
Quantity Utility Definition
26. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Strategic Relationship
ROA
CFR
Steps in implementing CRM
27. 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
Time Utility Definition
Logistics Activities
Integrated Supply Chain
Business Logistics
28. Electrical Machinery - Power Generation Equipment.
Council of Supply Chain Management
Top US imports from China
Four Subdivisions of Logistics
4PL
29. Possession Utility
Utility(ies) associated with Marketing
FOB
Supply Chain Definition
Physical Distribution
30. Distribution Requirement Planning
Complexity Issue
DRP
Air
Performance Measurement Issue
31. Customers trade partnership against terrorism
R's of Information
Supply Chain
Top US imports from China
C-TPAT
32. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Utility(ies) associated with Marketing
Information Issue
C-TPAT
Cost/Value Issue
33. Transportation Management System
Transportation Management Issue
Time Utility Definition
Outbound
TMS
34. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Horizontal Relationships
Council of Supply Chain Management
Types of 3PLs
Types of Forecasts
35. Collaborative Planning - Forecasting - and Replenishment
CPFR
Service Logistics
Categories of Logistics Quantification Pyramid
Empowered Customer Force
36. Form - Time - Place - Quantity - Possession
The Micro Dimension
Value Added Role of Logistics (5 types of utility)
Government Regulations and Policy Force
Supply Chain Security Issue
37. Anything that touches the customer
Internal Society of Logistics
Customer Service
TMS
C-TPAT
38. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Vertical Relationship
Steps in implementing CRM
Global Markets Characteristics
Complexity Issue
39. Time Utility - Place Utility - Quantity Utility
Event Logistics
Possession Utility
Utility(ies) associated with Logistics
Top US exports to China
40. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Immutable Laws of Collaborative Logistics
Globalization Force
Quantity Utility Definition
Categories of Logistics Quantification Pyramid
41. Value added to goods through a manufacturing or assembly process.
FAS
DDP
Government Regulations and Policy Force
Form Utility Definition
42. How firms in this industry create value for their commercial clients
Time Utility Definition
Third Party Logistics Industry
Top US exports to China
Ocean
43. Management of materials in motion and at rest.
Inventory
Ports
Utility(ies) associated with Production
Third Party Logistics Industry
44. 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
C-TPAT
Customer (7 R's of logistics)
Strategic Role of I.T.
Types of Forecasts
45. 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
Supply Chain Network Issue
Outbound
Freight Forwarder
46. Electrical Machinery - Power Generation Equipment
External Metrics
Transactional Relationship
Logistics
Top US exports to China
47. Relevant - Accurate - Accessible - Timely - Transferable
Strategic Relationship
Types of Forecasts
Utility(ies) associated with Marketing
Information Requirements
48. Fast - high rate
R's of Information
Air
Forces Driving the Rate of Change
Dimensions of customer service
49. 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
Collaborative Relationship
FOB
Dimensions of customer service
50. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Forecast Errors
Technology Force
CRM Customer Relationship Management
Government Regulations and Policy Force
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