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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. Plays large part in intermodal shipments.
ROA
Utility(ies) associated with Marketing
Motor
Internal Metrics
2. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Empowered Customer Force
CPFR
Service Logistics
FOB
3. Time - Dependability - Communications - Convenience
Export Trading Companies
NAFTA
Dimensions of customer service
Organizational Relationships Issue
4. Delivered Duty Paid
NAFTA
Supply Chain Definition
DDP
Ports
5. Partner
Transactional Relationship
Major categories of metrics
Collaborative Example
Forecast Errors
6. Processes for developing and implementing successful relationship
Supply Chain Security Issue
Logistics Management
Supply Chain Relationship
Immutable Laws of Collaborative Logistics
7. Value added to goods through a manufacturing or assembly process.
Cost/Value Issue
Quantity Utility Definition
Service Logistics
Form Utility Definition
8. Management of materials in motion and at rest.
Inventory
Form Utility Definition
Service Logistics
Technology Issue
9. Cost - Insurance - and Freight
CIF
External Metrics
Strategic Role of I.T.
Logistics
10. Anything that touches the customer
Council of Supply Chain Management
Customer Service
Top US imports from China
Strategic Role of I.T.
11. 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
Organizational Relationships Issue
3rd Party Logistics
R's of Information
Logistics Activities
12. Free On Board
Supply Chain Definition
Performance Measurement Issue
Complexity Issue
FOB
13. Form - Time - Place - Quantity - Possession
Value Added Role of Logistics (5 types of utility)
Logistics
Four Subdivisions of Logistics
DRP
14. The management of the movement of materials and information within - into - and out of the firm
Organizational Consolidation Force
The Micro Dimension
Logistics Management
Logistics
15. Item Fill Rate - Line Fill Rate
Forces Driving the Rate of Change
Value Added Role of Logistics (5 types of utility)
Time Utility Definition
Internal Metrics
16. Export goods and services to overseas buyers and handles most of the export arrangements.
CIF
Order Cycle Time
DDP
Export Trading Companies
17. Vendor
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18. 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
Customer Service
Strategic Role of I.T.
Supply Chain Relationship
Global Markets Characteristics
19. Marketing - Manufacturing/operations - Finance - Accounting
C-TPAT
CFR
Top US trading partners
The Micro Dimension
20. Materials Requirement Planning
Air
Supply Chain Security Issue
MRP
Immutable Laws of Collaborative Logistics
21. Procurement and Manufacturing - value adding activities
Ocean
Major categories of metrics
Two Phases of order mgmt.
Forecasting
22. 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.
Information Issue
Component Support
Order Cycle Time
Strategic Relationship
23. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Top US trading partners
Organizational Consolidation Force
Ocean
Customer (7 R's of logistics)
24. 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.
Organizational Consolidation Force
Military Logistics
Categories of Logistics Quantification Pyramid
Council of Supply Chain Management
25. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Collaborative Example
Logistics
Forces Driving the Rate of Change
Inventory
26. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Top US exports to China
Export Trading Companies
Forces Driving the Rate of Change
Types of Forecasts
27. Canada - China - Mexico
Council of Supply Chain Management
Globalization Force
FOB
Top US trading partners
28. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
CRM Customer Relationship Management
Steps in implementing CRM
Horizontal Relationships
CFR
29. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Top US imports from China
Motor
Horizontal Relationships
TMS
30. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Collaborative Relationship
TMS
Third Party Logistics Industry
FAS
31. 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).
Ocean
Top US trading partners
Event Logistics
Motor
32. Product/Service - Information - Finance
Supply Chain Flows
Logistics
Outbound
Strategic Example
33. Organizations require collaboration or cooperation.
4PL
Steps in implementing CRM
Technology Force
Organizational Relationships Issue
34. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Forces Driving the Rate of Change
Dimensions of customer service
Top US imports from China
Supply Chain Network Issue
35. Transportation Management System
Factors Affecting Demand
TMS
Forecast Errors
DDP
36. Adding value to products by having them where people want them.
Place Utility Definition
Customer Service
Inventory Deployment Issue
Horizontal Relationships
37. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Government Regulations and Policy Force
Horizontal Relationships
Balancing Supply/Demand
Internal Society of Logistics
38. Producer to Store - servicing the customer
Outbound
DRP
ROA
Export Management Companies
39. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Types of 3PLs
Complexity Issue
Logistics Management
Arm's Length
40. Primarily created through the basic marketing activities related to the promotion of products and services -
Possession Utility
Motor
Customer (7 R's of logistics)
FOB
41. 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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42. Customers trade partnership against terrorism
C-TPAT
Service Logistics
Form Utility Definition
Transactional Relationship
43. Focuses on the outbound side of of a firm's logistics system.
Complexity Issue
Supply Chain
Export Management Companies
Physical Distribution
44. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Four Subdivisions of Logistics
Organizational Relationships Issue
WMS
FOB
45. Free Alongside Ship
Forces Driving the Rate of Change
Third Party Logistics Industry
ABC Activity-Based Costing
FAS
46. Form Utility
Utility(ies) associated with Production
Transportation Management Issue
Horizontal Relationships
Top US imports from China
47. Management of Product/Service - Information - and Cash Flows.
Logistics
Transactional Relationship
Supply Chain Definition
Arm's Length
48. 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
Top US trading partners
Ports
Supply Chain
Common Culture
49. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
WMS
Cost/Value Issue
CRM Customer Relationship Management
C-TPAT
50. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
NAFTA
Government Regulations and Policy Force
Customer Service
3rd Party Logistics