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Test your basic knowledge |
Business Logistics Management
Start Test
Study First
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. 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
Government Regulations and Policy Force
Logistics Activities
Utility(ies) associated with Production
Inbound
2. Electrical Machinery - Power Generation Equipment.
Organizational Relationships Issue
S&OP
Top US imports from China
Logistics
3. Right: information - partner - quantity - format - time - place - cost
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4. Customers trade partnership against terrorism
Strategic Relationship
C-TPAT
CIF
Supply Chain Relationship
5. Deregulation: Transportation - Communications - and Financial Institutions
Organizational Relationships Issue
S&OP
Government Regulations and Policy Force
Inventory
6. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
ROA
Arm's Length
Component Support
Supply Chain
7. 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
Utility(ies) associated with Logistics
Information Requirements
Customer Service
8. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
CIF
Supply Chain Network Issue
Supply Chain Security Issue
Customer Service
9. Collaborative Planning - Forecasting - and Replenishment
ROA
CPFR
WMS
Information Requirements
10. Reliability - Responsiveness - Flexibility - Cost - Assets
Major categories of metrics
DRP
Strategic Relationship
Supply Chain Definition
11. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
The Micro Dimension
Cost/Value Issue
Organizational Consolidation Force
Horizontal Relationships
12. 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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13. An external supplier that performs all or part of a company's logistics functions.
3rd Party Logistics
Organizational Relationships Issue
NAFTA
Forecast Errors
14. Electrical Machinery - Power Generation Equipment
Quantity Utility Definition
Globalization Force
Top US exports to China
Form Utility Definition
15. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Cost/Value Issue
NAFTA
Global Markets Characteristics
Supply Chain Security Issue
16. Enlightened - Educated - easy access to Internet
Event Logistics
Military Logistics
Empowered Customer Force
R's of Information
17. Producer to Store - servicing the customer
Event Logistics
Performance Measurement Issue
Outbound
Air
18. Order Fill Rate - Perfect Order
External Metrics
Top US trading partners
Time Utility Definition
Four Subdivisions of Logistics
19. Cost - Insurance - and Freight
CIF
Vertical Relationship
Inventory
Forecast Errors
20. Plays large part in intermodal shipments.
Cost/Value Issue
Export Management Companies
Balancing Supply/Demand
Motor
21. Influencing the order - order execution
Two Phases of order mgmt.
Utility(ies) associated with Logistics
CPFR
Organizational Consolidation Force
22. Enterprise Resource Planning
Customer Service
ERP
Place Utility Definition
Globalization Force
23. Fast - high rate
Business Logistics
Air
CPFR
ROA
24. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Types of 3PLs
Council of Supply Chain Management
Logistics
Globalization Force
25. Export goods and services to overseas buyers and handles most of the export arrangements.
Arm's Length
Supply Chain Security Issue
Immutable Laws of Collaborative Logistics
Export Trading Companies
26. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Steps in implementing CRM
Arm's Length
NAFTA
Military Logistics
27. Possession Utility
FAS
Empowered Customer Force
FOB
Utility(ies) associated with Marketing
28. Act as agents for domestic firms in the international arena.
Major categories of metrics
Forces Driving the Rate of Change
Export Management Companies
Council of Supply Chain Management
29. Time - Quality - Cost - Supporting Metrics
Ports
Performance Categories
Inventory Deployment Issue
CIF
30. Product/Service - Information - Finance
Logistics Activities
ROA
Supply Chain Flows
Inbound
31. Form - Time - Place - Quantity - Possession
Steps in implementing CRM
Value Added Role of Logistics (5 types of utility)
Ports
3rd Party Logistics
32. Delivered Duty Paid
Supply Chain Relationship
Third Party Logistics Industry
Steps in implementing CRM
DDP
33. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Supply Chain Issues
CFR
Horizontal Relationships
Arm's Length
34. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Strategic Role of I.T.
Types of Forecasts
Logistics Management
Order Cycle Time
35. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Supply Chain
C-TPAT
Forces Driving the Rate of Change
Third Party Logistics Industry
36. 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
Military Logistics
Collaborative Relationship
Outbound
Immutable Laws of Collaborative Logistics
37. Form Utility
Four Subdivisions of Logistics
Technology Issue
Utility(ies) associated with Production
Information Requirements
38. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Information Requirements
Supply Chain Issues
Transportation Management Issue
Steps in implementing CRM
39. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
4PL
Types of Forecasts
Freight Forwarder
Supply Chain Security Issue
40. Materials Requirement Planning
C-TPAT
S&OP
CFR
MRP
41. Vendor
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42. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Dimensions of customer service
Forecast Errors
Types of Forecasts
Four Subdivisions of Logistics
43. Item Fill Rate - Line Fill Rate
Internal Metrics
Types of 3PLs
CRM Customer Relationship Management
Strategic Relationship
44. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Technology Force
Supply Chain Network Issue
Supply Chain
Horizontal Relationships
45. How firms in this industry create value for their commercial clients
CFR
Major categories of metrics
Third Party Logistics Industry
CIF
46. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Value Added Role of Logistics (5 types of utility)
Top US imports from China
Complexity Issue
ABC Activity-Based Costing
47. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Balancing Supply/Demand
Strategic Relationship
External Metrics
Order Cycle Time
48. Free Alongside Ship
Strategic Example
Collaborative Relationship
Utility(ies) associated with Logistics
FAS
49. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Supply Chain Flows
Air
Steps in implementing CRM
Freight Forwarder
50. Organizations require collaboration or cooperation.
Information Requirements
Organizational Relationships Issue
Form Utility Definition
Ports