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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. Producer to Store - servicing the customer
Collaborative Relationship
Outbound
The Micro Dimension
Council of Supply Chain Management
2. Influences product availability
Export Management Companies
Order Cycle Time
S&OP
Forecasting
3. Primarily created through the basic marketing activities related to the promotion of products and services -
Possession Utility
Customer Service
Physical Distribution
Information Requirements
4. 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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5. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
WMS
CRM Customer Relationship Management
Categories of Logistics Quantification Pyramid
Supply Chain Relationship
6. Partner
CRM Customer Relationship Management
Export Management Companies
C-TPAT
Collaborative Example
7. Focuses on the outbound side of of a firm's logistics system.
Factors Affecting Demand
Physical Distribution
Military Logistics
Immutable Laws of Collaborative Logistics
8. CFE - MSE - MAD - MAPE
Globalization Force
Types of Forecasts
Forecast Errors
Service Logistics
9. Reliability - Responsiveness - Flexibility - Cost - Assets
Global Markets Characteristics
Major categories of metrics
R's of Information
Transactional Relationship
10. Time - Dependability - Communications - Convenience
Ports
Order Cycle Time
Dimensions of customer service
Steps in implementing CRM
11. Collaborative Planning - Forecasting - and Replenishment
Ocean
ERP
Global Markets Characteristics
CPFR
12. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Council of Supply Chain Management
Freight Forwarder
Inventory Deployment Issue
CFR
13. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Global Markets Characteristics
Supply Chain Security Issue
Supply Chain Network Issue
Third Party Logistics Industry
14. Deregulation: Transportation - Communications - and Financial Institutions
Vertical Relationship
Strategic Role of I.T.
Value Added Role of Logistics (5 types of utility)
Government Regulations and Policy Force
15. Analyze and evaluate on organizations efficiency over a time period.
Performance Measurement Issue
Categories of Logistics Quantification Pyramid
MRP
Global Markets Characteristics
16. Fast - high rate
Place Utility Definition
ROA
Air
Component Support
17. Time - Quality - Cost - Supporting Metrics
Performance Categories
Top US exports to China
CPFR
Utility(ies) associated with Logistics
18. How firms in this industry create value for their commercial clients
Transportation Management Issue
Vertical Relationship
4PL
Third Party Logistics Industry
19. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Transactional Relationship
Arm's Length
Steps in implementing CRM
Performance Categories
20. 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
Time Utility Definition
Logistics Activities
Air
Export Management Companies
21. 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.
Internal Society of Logistics
4PL
Quantity Utility Definition
Government Regulations and Policy Force
22. Form Utility
Arm's Length
Order Cycle Time
Utility(ies) associated with Production
Horizontal Relationships
23. Plays large part in intermodal shipments.
Motor
Supply Chain Flows
Service Logistics
Customer Service
24. Free On Board
Steps in implementing CRM
FOB
Types of 3PLs
Supply Chain Relationship
25. Possession Utility
Utility(ies) associated with Marketing
Order Cycle Time
Empowered Customer Force
Information Issue
26. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Types of 3PLs
Global Markets Characteristics
Collaborative Example
Possession Utility
27. An external supplier that performs all or part of a company's logistics functions.
Common Culture
Physical Distribution
3rd Party Logistics
Supply Chain Definition
28. Enlightened - Educated - easy access to Internet
Complexity Issue
Order Cycle Time
Customer (7 R's of logistics)
Empowered Customer Force
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
Supply Chain Issues
Component Support
ERP
Business Logistics
30. Sales and Order Processing
Outbound
FAS
S&OP
Council of Supply Chain Management
31. Free Alongside Ship
Air
Inventory Deployment Issue
FAS
CPFR
32. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Transportation Management Issue
Types of Forecasts
Supply Chain Security Issue
Internal Society of Logistics
33. Management of materials in motion and at rest.
Transactional Relationship
Globalization Force
Motor
Inventory
34. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Strategic Relationship
Major categories of metrics
Supply Chain Network Issue
Vertical Relationship
35. Value added by delivering the proper amount of a good.
TMS
Quantity Utility Definition
Collaborative Example
CIF
36. Anything that touches the customer
Supply Chain Network Issue
Collaborative Relationship
Customer Service
Globalization Force
37. The art and science of management - engineering - and technical activities concerned with requirements - design - and supplying and maintaining resources to support objectives - plans - and operations.
Types of Forecasts
Ocean
Council of Supply Chain Management
Time Utility Definition
38. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
CFR
Balancing Supply/Demand
Globalization Force
Time Utility Definition
39. Product/Service - Information - Finance
S&OP
Supply Chain Flows
Organizational Relationships Issue
Transactional Relationship
40. Electrical Machinery - Power Generation Equipment
Supply Chain Relationship
Top US exports to China
Logistics
Supply Chain Network Issue
41. Electrical Machinery - Power Generation Equipment.
Top US imports from China
Customer (7 R's of logistics)
Globalization Force
Information Requirements
42. The management of the movement of materials and information within - into - and out of the firm
NAFTA
Arm's Length
Logistics Management
CIF
43. Processes for developing and implementing successful relationship
FAS
Supply Chain Relationship
Performance Measurement Issue
Form Utility Definition
44. Strategic Alliance
Strategic Example
Export Management Companies
Information Issue
Internal Metrics
45. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Supply Chain
Organizational Consolidation Force
Globalization Force
FAS
46. Right product - right time - right quantity - right quality - right cost - right destination
Logistics Activities
Supply Chain Security Issue
Transportation Management Issue
Government Regulations and Policy Force
47. Materials Requirement Planning
MRP
Strategic Example
Council of Supply Chain Management
Horizontal Relationships
48. 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
Time Utility Definition
Strategic Example
FOB
49. Enterprise Resource Planning
Utility(ies) associated with Marketing
ERP
Motor
Ocean
50. Cost and Freight
CFR
Categories of Logistics Quantification Pyramid
CRM Customer Relationship Management
Types of 3PLs