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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. Customers trade partnership against terrorism
Two Phases of order mgmt.
Organizational Relationships Issue
TMS
C-TPAT
2. Canada - China - Mexico
Top US trading partners
S&OP
Air
Event Logistics
3. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Arm's Length
NAFTA
ABC Activity-Based Costing
CRM Customer Relationship Management
4. Time - Quality - Cost - Supporting Metrics
Inbound
Possession Utility
Performance Categories
Technology Issue
5. Organizations require collaboration or cooperation.
4PL
Empowered Customer Force
Supply Chain Relationship
Organizational Relationships Issue
6. 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
Internal Metrics
Strategic Role of I.T.
Military Logistics
Organizational Relationships Issue
7. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Forces Driving the Rate of Change
DRP
Export Trading Companies
Arm's Length
8. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
NAFTA
Ports
Quantity Utility Definition
Types of Forecasts
9. The ________ is associated with downstream activities.
Export Management Companies
Supply Chain
Council of Supply Chain Management
Inventory Deployment Issue
10. Sales and Order Processing
NAFTA
Logistics Activities
Inventory
S&OP
11. Export goods and services to overseas buyers and handles most of the export arrangements.
Ports
Export Trading Companies
TMS
Forecast Errors
12. Measures cost and performance of activities.
The Micro Dimension
Types of 3PLs
ABC Activity-Based Costing
Performance Measurement Issue
13. Enterprise Resource Planning
Four Subdivisions of Logistics
ERP
Collaborative Example
Major categories of metrics
14. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Vertical Relationship
Transportation Management Issue
ERP
Utility(ies) associated with Marketing
15. 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
Top US exports to China
Immutable Laws of Collaborative Logistics
Strategic Role of I.T.
Supply Chain Network Issue
16. Analyze and evaluate on organizations efficiency over a time period.
CRM Customer Relationship Management
Performance Categories
S&OP
Performance Measurement Issue
17. Reliability - Responsiveness - Flexibility - Cost - Assets
Steps in implementing CRM
Customer (7 R's of logistics)
Freight Forwarder
Major categories of metrics
18. Warehouse Management System
Inbound
Strategic Relationship
WMS
Ports
19. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Collaborative Relationship
Utility(ies) associated with Production
Service Logistics
Forecast Errors
20. Anything that touches the customer
Collaborative Relationship
Value Added Role of Logistics (5 types of utility)
Possession Utility
Customer Service
21. Cost and Freight
CFR
Dimensions of customer service
Internal Metrics
Customer (7 R's of logistics)
22. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Organizational Relationships Issue
ROA
Value Added Role of Logistics (5 types of utility)
23. Partner
Utility(ies) associated with Marketing
Types of Forecasts
Information Issue
Collaborative Example
24. Vendor
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25. Time Utility - Place Utility - Quantity Utility
Utility(ies) associated with Logistics
Supply Chain Issues
Two Phases of order mgmt.
Forces Driving the Rate of Change
26. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Vertical Relationship
Component Support
Strategic Role of I.T.
Customer (7 R's of logistics)
27. Adding value to products by making them available when they're needed.
Time Utility Definition
Supply Chain Issues
DDP
Utility(ies) associated with Production
28. Adding value to products by having them where people want them.
R's of Information
Quantity Utility Definition
Component Support
Place Utility Definition
29. Enlightened - Educated - easy access to Internet
Utility(ies) associated with Logistics
Supply Chain Security Issue
Empowered Customer Force
Third Party Logistics Industry
30. Influencing the order - order execution
Organizational Relationships Issue
Two Phases of order mgmt.
Complexity Issue
Globalization Force
31. Processes for developing and implementing successful relationship
Customer (7 R's of logistics)
Forces Driving the Rate of Change
C-TPAT
Supply Chain Relationship
32. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Collaborative Relationship
Balancing Supply/Demand
Logistics Activities
Factors Affecting Demand
33. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
C-TPAT
Types of Forecasts
3rd Party Logistics
Complexity Issue
34. Transportation Management System
TMS
Strategic Example
Dimensions of customer service
Information Issue
35. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Information Issue
Supply Chain Flows
Balancing Supply/Demand
Freight Forwarder
36. Plays large part in intermodal shipments.
Utility(ies) associated with Logistics
Council of Supply Chain Management
Performance Measurement Issue
Motor
37. Management of materials in motion and at rest.
Inventory
Two Phases of order mgmt.
Technology Force
Performance Categories
38. Strategic Alliance
Transportation Management Issue
Strategic Example
Information Requirements
Top US exports to China
39. 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.
C-TPAT
Top US imports from China
Military Logistics
Collaborative Relationship
40. Procurement and Manufacturing - value adding activities
WMS
NAFTA
Internal Metrics
Inbound
41. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Vertical Relationship
WMS
Cost/Value Issue
R's of Information
42. 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).
Two Phases of order mgmt.
Forecasting
Event Logistics
Transactional Relationship
43. 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.
Council of Supply Chain Management
Place Utility Definition
Supply Chain Security Issue
4PL
44. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Supply Chain Network Issue
Steps in implementing CRM
Inventory
Types of 3PLs
45. Procurement and Manufacturing - value adding activities
WMS
Forecasting
Globalization Force
Internal Society of Logistics
46. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Organizational Relationships Issue
FAS
Value Added Role of Logistics (5 types of utility)
47. Primarily created through the basic marketing activities related to the promotion of products and services -
Possession Utility
FAS
Component Support
Vertical Relationship
48. Value added by delivering the proper amount of a good.
Horizontal Relationships
Forecasting
Quantity Utility Definition
Steps in implementing CRM
49. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Global Markets Characteristics
The Micro Dimension
Component Support
Supply Chain Flows
50. Focuses on the outbound side of of a firm's logistics system.
Physical Distribution
Government Regulations and Policy Force
Supply Chain
CRM Customer Relationship Management