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Business Logistics Management

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






2. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






3. Value added by delivering the proper amount of a good.






4. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






5. Procurement and Manufacturing - value adding activities






6. Order Fill Rate - Perfect Order






7. Free On Board






8. 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






9. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






10. Right: information - partner - quantity - format - time - place - cost

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11. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






12. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






13. Item Fill Rate - Line Fill Rate






14. Collaborative Planning - Forecasting - and Replenishment






15. Organizations require collaboration or cooperation.






16. Form Utility






17. Time - Quality - Cost - Supporting Metrics






18. Anything that touches the customer






19. The ________ is associated with downstream activities.






20. Time - Dependability - Communications - Convenience






21. 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).






22. Value added to goods through a manufacturing or assembly process.






23. 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






24. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






25. Partner






26. Management of Product/Service - Information - and Cash Flows.






27. Reliability - Responsiveness - Flexibility - Cost - Assets






28. Vendor

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29. Challenge is to evaluate and successfully implement the technology






30. Adding value to products by having them where people want them.






31. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






32. Both parties in a vendor relational are said to be at "arm's" length.






33. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






34. Marketing - Manufacturing/operations - Finance - Accounting






35. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






36. Analyze and evaluate on organizations efficiency over a time period.






37. Act as agents for domestic firms in the international arena.






38. Management of materials in motion and at rest.






39. Cost and Freight






40. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






41. Delivered Duty Paid






42. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






43. Right product - right time - right quantity - right quality - right cost - right destination






44. Plays large part in intermodal shipments.






45. 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.






46. Electrical Machinery - Power Generation Equipment.






47. Transportation Management System






48. Form - Time - Place - Quantity - Possession






49. Free Alongside Ship






50. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities







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