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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. Enterprise Resource Planning
Order Cycle Time
Export Trading Companies
ERP
Balancing Supply/Demand
2. Primarily created through the basic marketing activities related to the promotion of products and services -
Order Cycle Time
Top US exports to China
Possession Utility
Ocean
3. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Inbound
Balancing Supply/Demand
Outbound
Categories of Logistics Quantification Pyramid
4. Organizations require collaboration or cooperation.
Service Logistics
Major categories of metrics
Military Logistics
Organizational Relationships Issue
5. Vendor
6. Cost - Insurance - and Freight
CRM Customer Relationship Management
CPFR
CIF
Information Requirements
7. How firms in this industry create value for their commercial clients
Military Logistics
Logistics Activities
Ports
Third Party Logistics Industry
8. Item Fill Rate - Line Fill Rate
Internal Metrics
WMS
Dimensions of customer service
Order Cycle Time
9. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Technology Force
Empowered Customer Force
Top US imports from China
Types of 3PLs
10. Influences product availability
CRM Customer Relationship Management
Organizational Consolidation Force
Order Cycle Time
Military Logistics
11. 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.
Military Logistics
Strategic Role of I.T.
Physical Distribution
Order Cycle Time
12. Value added by delivering the proper amount of a good.
Strategic Role of I.T.
Value Added Role of Logistics (5 types of utility)
The Micro Dimension
Quantity Utility Definition
13. Act as agents for domestic firms in the international arena.
4PL
CIF
CFR
Export Management Companies
14. Time Utility - Place Utility - Quantity Utility
Utility(ies) associated with Logistics
Performance Measurement Issue
Four Subdivisions of Logistics
Logistics Activities
15. 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.
Utility(ies) associated with Production
TMS
16. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
ROA
Strategic Relationship
Horizontal Relationships
Technology Force
17. Time - Quality - Cost - Supporting Metrics
Performance Categories
C-TPAT
Collaborative Example
Immutable Laws of Collaborative Logistics
18. Both parties in a vendor relational are said to be at "arm's" length.
C-TPAT
Customer (7 R's of logistics)
Types of 3PLs
Transactional Relationship
19. Materials Requirement Planning
Service Logistics
MRP
Motor
CRM Customer Relationship Management
20. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Inventory
Cost/Value Issue
Dimensions of customer service
Empowered Customer Force
21. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Ports
Form Utility Definition
Supply Chain Network Issue
Logistics Activities
22. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Ports
Inventory Deployment Issue
Factors Affecting Demand
Forecasting
23. Form Utility
Vertical Relationship
Immutable Laws of Collaborative Logistics
Utility(ies) associated with Production
Arm's Length
24. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Supply Chain Relationship
Technology Force
Time Utility Definition
Quantity Utility Definition
25. Procurement and Manufacturing - value adding activities
Inbound
Factors Affecting Demand
Transactional Relationship
Quantity Utility Definition
26. Customers trade partnership against terrorism
Immutable Laws of Collaborative Logistics
Motor
C-TPAT
CPFR
27. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Steps in implementing CRM
Logistics
TMS
Government Regulations and Policy Force
28. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
R's of Information
3rd Party Logistics
Forces Driving the Rate of Change
Empowered Customer Force
29. Influencing the order - order execution
The Micro Dimension
Two Phases of order mgmt.
Order Cycle Time
Supply Chain Relationship
30. Export goods and services to overseas buyers and handles most of the export arrangements.
Logistics Activities
Export Trading Companies
Major categories of metrics
Strategic Example
31. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Internal Society of Logistics
Technology Force
Forces Driving the Rate of Change
Collaborative Relationship
32. 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
Forces Driving the Rate of Change
FAS
Common Culture
Transportation Management Issue
33. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Technology Force
Supply Chain Issues
Types of Forecasts
Forecast Errors
34. The most pervasive and important global shipment method. Low rates - wide variety of products
Freight Forwarder
Two Phases of order mgmt.
Ocean
4PL
35. Form - Time - Place - Quantity - Possession
Performance Measurement Issue
Value Added Role of Logistics (5 types of utility)
Integrated Supply Chain
Four Subdivisions of Logistics
36. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Balancing Supply/Demand
Ports
Technology Issue
Integrated Supply Chain
37. Product/Service - Information - Finance
Information Requirements
Supply Chain Flows
Steps in implementing CRM
Top US exports to China
38. Electrical Machinery - Power Generation Equipment
Top US exports to China
Customer (7 R's of logistics)
Supply Chain
FAS
39. Return on Assets.
Air
Top US trading partners
ROA
Export Management Companies
40. Right: information - partner - quantity - format - time - place - cost
41. Order Fill Rate - Perfect Order
External Metrics
Transactional Relationship
Council of Supply Chain Management
Horizontal Relationships
42. Value added to goods through a manufacturing or assembly process.
Collaborative Relationship
Form Utility Definition
Supply Chain Issues
Freight Forwarder
43. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Strategic Example
DDP
Types of 3PLs
Globalization Force
44. The ________ is associated with downstream activities.
Categories of Logistics Quantification Pyramid
Steps in implementing CRM
Component Support
Supply Chain
45. 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
Motor
Technology Issue
Immutable Laws of Collaborative Logistics
Integrated Supply Chain
46. Free On Board
Supply Chain Definition
R's of Information
Complexity Issue
FOB
47. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Technology Issue
C-TPAT
Forecast Errors
48. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Collaborative Relationship
Ocean
Value Added Role of Logistics (5 types of utility)
Steps in implementing CRM
49. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Inbound
Council of Supply Chain Management
Technology Force
Types of Forecasts
50. 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.