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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. Enterprise Resource Planning
Physical Distribution
Transportation Management Issue
Place Utility Definition
ERP
2. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
FOB
Supply Chain Security Issue
Military Logistics
Customer (7 R's of logistics)
3. Value added by delivering the proper amount of a good.
Air
Quantity Utility Definition
Event Logistics
Utility(ies) associated with Production
4. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Logistics Activities
Physical Distribution
Four Subdivisions of Logistics
Supply Chain Issues
5. Procurement and Manufacturing - value adding activities
Global Markets Characteristics
Forecasting
Forecast Errors
CRM Customer Relationship Management
6. Order Fill Rate - Perfect Order
Supply Chain Relationship
Types of Forecasts
External Metrics
Utility(ies) associated with Production
7. Free On Board
Forces Driving the Rate of Change
Organizational Relationships Issue
FOB
Performance Categories
8. 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
Ports
Arm's Length
Major categories of metrics
9. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Forces Driving the Rate of Change
Vertical Relationship
Physical Distribution
Quantity Utility Definition
10. Right: information - partner - quantity - format - time - place - cost
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11. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Arm's Length
Utility(ies) associated with Production
Component Support
CPFR
12. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Inventory Deployment Issue
Freight Forwarder
Forces Driving the Rate of Change
NAFTA
13. Item Fill Rate - Line Fill Rate
Ports
Internal Metrics
Utility(ies) associated with Production
R's of Information
14. Collaborative Planning - Forecasting - and Replenishment
CPFR
3rd Party Logistics
Logistics Management
Business Logistics
15. Organizations require collaboration or cooperation.
Transportation Management Issue
Organizational Relationships Issue
Physical Distribution
Common Culture
16. Form Utility
Utility(ies) associated with Production
Forecasting
Air
Internal Metrics
17. Time - Quality - Cost - Supporting Metrics
Supply Chain
Organizational Relationships Issue
Time Utility Definition
Performance Categories
18. Anything that touches the customer
Outbound
Customer Service
Dimensions of customer service
Supply Chain Definition
19. The ________ is associated with downstream activities.
Utility(ies) associated with Logistics
Business Logistics
Supply Chain
Outbound
20. Time - Dependability - Communications - Convenience
Inventory
Dimensions of customer service
Export Management Companies
Performance Categories
21. 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).
Factors Affecting Demand
Event Logistics
Government Regulations and Policy Force
FAS
22. Value added to goods through a manufacturing or assembly process.
Form Utility Definition
Arm's Length
Order Cycle Time
FOB
23. 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
R's of Information
Value Added Role of Logistics (5 types of utility)
Event Logistics
Strategic Role of I.T.
24. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Possession Utility
Information Requirements
Types of 3PLs
Transactional Relationship
25. Partner
Supply Chain Definition
Possession Utility
Supply Chain Relationship
Collaborative Example
26. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Strategic Role of I.T.
Ocean
Export Management Companies
27. Reliability - Responsiveness - Flexibility - Cost - Assets
CPFR
3rd Party Logistics
Major categories of metrics
Supply Chain Flows
28. Vendor
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29. Challenge is to evaluate and successfully implement the technology
NAFTA
WMS
Strategic Relationship
Technology Issue
30. Adding value to products by having them where people want them.
Internal Society of Logistics
ABC Activity-Based Costing
Horizontal Relationships
Place Utility Definition
31. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Types of Forecasts
C-TPAT
Transactional Relationship
Integrated Supply Chain
32. Both parties in a vendor relational are said to be at "arm's" length.
Form Utility Definition
Air
Transactional Relationship
Supply Chain Issues
33. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Inventory
Types of Forecasts
Globalization Force
Major categories of metrics
34. Marketing - Manufacturing/operations - Finance - Accounting
The Micro Dimension
Internal Society of Logistics
Possession Utility
FOB
35. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Organizational Consolidation Force
Technology Force
Business Logistics
ERP
36. Analyze and evaluate on organizations efficiency over a time period.
Steps in implementing CRM
Arm's Length
Performance Measurement Issue
Freight Forwarder
37. Act as agents for domestic firms in the international arena.
Order Cycle Time
Top US exports to China
Export Management Companies
Council of Supply Chain Management
38. Management of materials in motion and at rest.
Supply Chain Issues
Vertical Relationship
Internal Society of Logistics
Inventory
39. Cost and Freight
CFR
Vertical Relationship
Utility(ies) associated with Production
Technology Issue
40. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Technology Force
Types of 3PLs
Complexity Issue
3rd Party Logistics
41. Delivered Duty Paid
Government Regulations and Policy Force
Business Logistics
DDP
Place Utility Definition
42. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Strategic Relationship
Strategic Role of I.T.
Steps in implementing CRM
FAS
43. Right product - right time - right quantity - right quality - right cost - right destination
Freight Forwarder
Transportation Management Issue
Steps in implementing CRM
Forecast Errors
44. Plays large part in intermodal shipments.
S&OP
Motor
CRM Customer Relationship Management
Top US imports from China
45. 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.
Utility(ies) associated with Logistics
Empowered Customer Force
Information Issue
Immutable Laws of Collaborative Logistics
46. Electrical Machinery - Power Generation Equipment.
Utility(ies) associated with Production
Forecasting
Customer Service
Top US imports from China
47. Transportation Management System
TMS
Types of 3PLs
Common Culture
Supply Chain Flows
48. Form - Time - Place - Quantity - Possession
Value Added Role of Logistics (5 types of utility)
Export Management Companies
Steps in implementing CRM
Supply Chain Definition
49. Free Alongside Ship
WMS
FAS
Motor
Horizontal Relationships
50. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Complexity Issue
Council of Supply Chain Management
Internal Society of Logistics
Supply Chain Security Issue
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