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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. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Ports
Arm's Length
Horizontal Relationships
R's of Information
2. Focuses on the outbound side of of a firm's logistics system.
Strategic Relationship
Logistics
Two Phases of order mgmt.
Physical Distribution
3. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Utility(ies) associated with Logistics
Steps in implementing CRM
Service Logistics
S&OP
4. Electrical Machinery - Power Generation Equipment.
Utility(ies) associated with Logistics
MRP
Immutable Laws of Collaborative Logistics
Top US imports from China
5. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.
Utility(ies) associated with Marketing
Steps in implementing CRM
R's of Information
Information Issue
6. Free Alongside Ship
FAS
Top US trading partners
Third Party Logistics Industry
Categories of Logistics Quantification Pyramid
7. Enlightened - Educated - easy access to Internet
Third Party Logistics Industry
Two Phases of order mgmt.
Empowered Customer Force
C-TPAT
8. 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
Inbound
Logistics Activities
Form Utility Definition
Export Management Companies
9. Influences product availability
WMS
Integrated Supply Chain
Order Cycle Time
CIF
10. Processes for developing and implementing successful relationship
Time Utility Definition
MRP
Supply Chain Relationship
Horizontal Relationships
11. Strategic Alliance
Technology Force
Technology Issue
CIF
Strategic Example
12. Right: information - partner - quantity - format - time - place - cost
13. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Component Support
Outbound
Four Subdivisions of Logistics
Order Cycle Time
14. The management of the movement of materials and information within - into - and out of the firm
Forecasting
Logistics Management
Collaborative Relationship
Top US trading partners
15. Partner
Collaborative Example
Business Logistics
FAS
Supply Chain Flows
16. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Order Cycle Time
Steps in implementing CRM
Council of Supply Chain Management
Technology Force
17. Fast - high rate
Customer (7 R's of logistics)
DRP
Types of Forecasts
Air
18. 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
Supply Chain Definition
Military Logistics
Immutable Laws of Collaborative Logistics
Forecast Errors
19. Influencing the order - order execution
Two Phases of order mgmt.
Integrated Supply Chain
Supply Chain Issues
Information Issue
20. 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.
ERP
4PL
Ports
Customer (7 R's of logistics)
21. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Ocean
ABC Activity-Based Costing
Form Utility Definition
Strategic Relationship
22. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Cost/Value Issue
Place Utility Definition
Third Party Logistics Industry
Supply Chain Definition
23. Sales and Order Processing
Internal Metrics
S&OP
Service Logistics
Possession Utility
24. Adding value to products by making them available when they're needed.
WMS
Forecasting
Global Markets Characteristics
Time Utility Definition
25. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
CIF
Integrated Supply Chain
Freight Forwarder
Physical Distribution
26. Anything that touches the customer
Dimensions of customer service
Complexity Issue
Customer Service
3rd Party Logistics
27. Electrical Machinery - Power Generation Equipment
Dimensions of customer service
Horizontal Relationships
Supply Chain Network Issue
Top US exports to China
28. 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
Supply Chain Security Issue
Immutable Laws of Collaborative Logistics
Dimensions of customer service
29. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Value Added Role of Logistics (5 types of utility)
Supply Chain Relationship
Military Logistics
Steps in implementing CRM
30. Challenge is to evaluate and successfully implement the technology
S&OP
Technology Issue
Top US imports from China
Supply Chain Definition
31. Act as agents for domestic firms in the international arena.
Performance Measurement Issue
CPFR
Export Management Companies
Transportation Management Issue
32. Free On Board
FOB
Strategic Role of I.T.
Types of Forecasts
Military Logistics
33. Cost and Freight
CFR
R's of Information
Motor
Steps in implementing CRM
34. 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
Common Culture
Export Trading Companies
Integrated Supply Chain
Outbound
35. Primarily created through the basic marketing activities related to the promotion of products and services -
CIF
Possession Utility
Component Support
Top US trading partners
36. Return on Assets.
ROA
Service Logistics
Government Regulations and Policy Force
Inventory Deployment Issue
37. Warehouse Management System
CPFR
Categories of Logistics Quantification Pyramid
Export Trading Companies
WMS
38. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Major categories of metrics
Council of Supply Chain Management
Outbound
Supply Chain Issues
39. Producer to Store - servicing the customer
Integrated Supply Chain
CFR
Outbound
Business Logistics
40. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Information Issue
Forces Driving the Rate of Change
Supply Chain Security Issue
Form Utility Definition
41. The time that elapses from when a buyer places an order until receipt of the order
Performance Categories
Top US trading partners
Inventory
Order Cycle Time
42. The ________ is associated with downstream activities.
FOB
The Micro Dimension
Export Trading Companies
Supply Chain
43. Distribution Requirement Planning
Possession Utility
DRP
CPFR
Strategic Example
44. Cost - Insurance - and Freight
CIF
WMS
Common Culture
Supply Chain Definition
45. Product/Service - Information - Finance
Third Party Logistics Industry
Inventory
Supply Chain Flows
Ocean
46. Management of Product/Service - Information - and Cash Flows.
Organizational Relationships Issue
The Micro Dimension
Supply Chain Definition
Factors Affecting Demand
47. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Forces Driving the Rate of Change
Supply Chain Security Issue
MRP
Global Markets Characteristics
48. Enterprise Resource Planning
ERP
4PL
Information Requirements
FAS
49. 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
Information Requirements
Council of Supply Chain Management
ROA
Strategic Role of I.T.
50. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Possession Utility
Export Management Companies
Information Issue
Balancing Supply/Demand