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. Relevant - Accurate - Accessible - Timely - Transferable






2. Free On Board






3. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






4. 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






5. Electrical Machinery - Power Generation Equipment.






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






7. Influences product availability






8. Form - Time - Place - Quantity - Possession






9. Canada - China - Mexico






10. 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).






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






12. Influencing the order - order execution






13. 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






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






15. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






16. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






17. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base






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






19. Management of materials in motion and at rest.






20. Primarily created through the basic marketing activities related to the promotion of products and services -






21. Fast - high rate






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






23. Management of Product/Service - Information - and Cash Flows.






24. Time Utility - Place Utility - Quantity Utility






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






26. Enterprise Resource Planning






27. Vendor

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28. Electrical Machinery - Power Generation Equipment






29. 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






30. The ________ is associated with downstream activities.






31. Transportation Management System






32. Procurement and Manufacturing - value adding activities






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






34. Right: information - partner - quantity - format - time - place - cost

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






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






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






38. Enlightened - Educated - easy access to Internet






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






40. Reliability - Responsiveness - Flexibility - Cost - Assets






41. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






42. Right product - right time - right quantity - right quality - right cost - right destination






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






44. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.






45. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






46. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






47. 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






48. Delivered Duty Paid






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






50. Time - Dependability - Communications - Convenience