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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. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Steps in implementing CRM
Categories of Logistics Quantification Pyramid
Component Support
3rd Party Logistics
2. Canada - China - Mexico
Supply Chain Relationship
External Metrics
Top US trading partners
ABC Activity-Based Costing
3. Deregulation: Transportation - Communications - and Financial Institutions
4PL
FOB
Government Regulations and Policy Force
Cost/Value Issue
4. Order Fill Rate - Perfect Order
Cost/Value Issue
Top US imports from China
Utility(ies) associated with Production
External Metrics
5. Collaborative Planning - Forecasting - and Replenishment
DRP
R's of Information
CPFR
Form Utility Definition
6. Anything that touches the customer
S&OP
Third Party Logistics Industry
Customer Service
Supply Chain Security Issue
7. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
DDP
Organizational Consolidation Force
Third Party Logistics Industry
Horizontal Relationships
8. Strategic Alliance
Value Added Role of Logistics (5 types of utility)
Performance Measurement Issue
Export Management Companies
Strategic Example
9. Enterprise Resource Planning
Quantity Utility Definition
TMS
Business Logistics
ERP
10. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Outbound
Order Cycle Time
Information Issue
Logistics
11. CFE - MSE - MAD - MAPE
Forecast Errors
Top US trading partners
Quantity Utility Definition
ABC Activity-Based Costing
12. Customers trade partnership against terrorism
ERP
C-TPAT
Component Support
Ports
13. 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
CIF
Categories of Logistics Quantification Pyramid
The Micro Dimension
14. Management of materials in motion and at rest.
Inventory Deployment Issue
4PL
Inventory
Council of Supply Chain Management
15. Electrical Machinery - Power Generation Equipment.
Logistics
Forecasting
Top US imports from China
Ocean
16. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
ABC Activity-Based Costing
Customer (7 R's of logistics)
Physical Distribution
Collaborative Relationship
17. 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
Vertical Relationship
Event Logistics
DDP
Business Logistics
18. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Possession Utility
Third Party Logistics Industry
Customer (7 R's of logistics)
Internal Society of Logistics
19. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Forecast Errors
Motor
Utility(ies) associated with Production
Freight Forwarder
20. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Four Subdivisions of Logistics
Component Support
Internal Society of Logistics
Empowered Customer Force
21. Management of Product/Service - Information - and Cash Flows.
Internal Metrics
The Micro Dimension
Supply Chain Definition
Strategic Example
22. Cost and Freight
Global Markets Characteristics
FOB
Physical Distribution
CFR
23. Right: information - partner - quantity - format - time - place - cost
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24. Free Alongside Ship
Event Logistics
Business Logistics
Logistics Activities
FAS
25. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Globalization Force
Motor
Vertical Relationship
Supply Chain Issues
26. Relevant - Accurate - Accessible - Timely - Transferable
Factors Affecting Demand
Information Requirements
Event Logistics
Logistics Activities
27. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Types of 3PLs
Steps in implementing CRM
Transactional Relationship
28. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Transportation Management Issue
Integrated Supply Chain
CIF
Types of 3PLs
29. The ________ is associated with downstream activities.
Service Logistics
Supply Chain
Logistics Management
Customer (7 R's of logistics)
30. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Internal Metrics
Vertical Relationship
Third Party Logistics Industry
Global Markets Characteristics
31. Enlightened - Educated - easy access to Internet
Empowered Customer Force
FOB
Information Requirements
Air
32. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Place Utility Definition
Supply Chain Network Issue
Transportation Management Issue
CFR
33. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
3rd Party Logistics
Supply Chain Issues
Internal Metrics
Government Regulations and Policy Force
34. Time Utility - Place Utility - Quantity Utility
Immutable Laws of Collaborative Logistics
Supply Chain
Utility(ies) associated with Logistics
Military Logistics
35. Free On Board
3rd Party Logistics
Government Regulations and Policy Force
FOB
Forecast Errors
36. Materials Requirement Planning
Logistics Management
Council of Supply Chain Management
Top US trading partners
MRP
37. 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
Logistics Activities
Strategic Role of I.T.
CFR
Logistics
38. 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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39. Challenge is to evaluate and successfully implement the technology
Utility(ies) associated with Marketing
ABC Activity-Based Costing
Technology Issue
Place Utility Definition
40. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Cost/Value Issue
NAFTA
Third Party Logistics Industry
Order Cycle Time
41. The time that elapses from when a buyer places an order until receipt of the order
Globalization Force
Order Cycle Time
Service Logistics
Top US exports to China
42. Item Fill Rate - Line Fill Rate
Internal Metrics
Strategic Relationship
Utility(ies) associated with Production
TMS
43. Procurement and Manufacturing - value adding activities
Inbound
Globalization Force
Top US exports to China
Cost/Value Issue
44. Transportation Management System
Time Utility Definition
Performance Measurement Issue
Top US trading partners
TMS
45. Value added by delivering the proper amount of a good.
Common Culture
FAS
Four Subdivisions of Logistics
Quantity Utility Definition
46. Plays large part in intermodal shipments.
Motor
Top US imports from China
Utility(ies) associated with Production
Steps in implementing CRM
47. How firms in this industry create value for their commercial clients
Event Logistics
Utility(ies) associated with Production
Third Party Logistics Industry
Business Logistics
48. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Government Regulations and Policy Force
Supply Chain Flows
Four Subdivisions of Logistics
External Metrics
49. Procurement and Manufacturing - value adding activities
Forecasting
Horizontal Relationships
MRP
Supply Chain
50. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
NAFTA
CFR
Inventory
3rd Party Logistics