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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. 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
Organizational Consolidation Force
Common Culture
4PL
S&OP
2. Fast - high rate
Outbound
Service Logistics
Air
FOB
3. Value added to goods through a manufacturing or assembly process.
Component Support
Vertical Relationship
Form Utility Definition
Global Markets Characteristics
4. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Inventory
Information Requirements
Top US exports to China
5. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Outbound
Categories of Logistics Quantification Pyramid
Globalization Force
Inventory Deployment Issue
6. Form Utility
Utility(ies) associated with Production
ROA
Place Utility Definition
Technology Issue
7. Anything that touches the customer
Inbound
Customer Service
Arm's Length
Service Logistics
8. Distribution Requirement Planning
Technology Force
Inbound
Ports
DRP
9. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Horizontal Relationships
Major categories of metrics
Forecast Errors
Component Support
10. Free Alongside Ship
Outbound
Place Utility Definition
CIF
FAS
11. Customers trade partnership against terrorism
Four Subdivisions of Logistics
Top US exports to China
Customer (7 R's of logistics)
C-TPAT
12. An external supplier that performs all or part of a company's logistics functions.
Export Management Companies
3rd Party Logistics
Supply Chain
Top US imports from China
13. Both parties in a vendor relational are said to be at "arm's" length.
Organizational Relationships Issue
FAS
Transactional Relationship
Steps in implementing CRM
14. Critical part of global supply chains
Ports
Forecast Errors
Outbound
Supply Chain Security Issue
15. Reliability - Responsiveness - Flexibility - Cost - Assets
Utility(ies) associated with Production
FAS
Information Requirements
Major categories of metrics
16. Organizations require collaboration or cooperation.
Top US imports from China
Types of 3PLs
CIF
Organizational Relationships Issue
17. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Four Subdivisions of Logistics
Common Culture
Vertical Relationship
Forces Driving the Rate of Change
18. Procurement and Manufacturing - value adding activities
Form Utility Definition
Business Logistics
Order Cycle Time
Forecasting
19. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Top US trading partners
Vertical Relationship
CFR
WMS
20. How firms in this industry create value for their commercial clients
Third Party Logistics Industry
Customer Service
Supply Chain Flows
Component Support
21. 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
WMS
FAS
Business Logistics
Export Management Companies
22. The most pervasive and important global shipment method. Low rates - wide variety of products
Inbound
Ocean
Supply Chain Network Issue
Collaborative Relationship
23. Order Fill Rate - Perfect Order
Integrated Supply Chain
External Metrics
Quantity Utility Definition
Business Logistics
24. Collaborative Planning - Forecasting - and Replenishment
Internal Metrics
Technology Issue
CPFR
Export Trading Companies
25. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Collaborative Relationship
MRP
Transportation Management Issue
Service Logistics
26. Management of Product/Service - Information - and Cash Flows.
Logistics Activities
Forecast Errors
Strategic Role of I.T.
Supply Chain Definition
27. Time - Quality - Cost - Supporting Metrics
Organizational Relationships Issue
Military Logistics
Performance Categories
Major categories of metrics
28. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Top US exports to China
Logistics
Organizational Relationships Issue
Factors Affecting Demand
29. Warehouse Management System
Utility(ies) associated with Logistics
WMS
Factors Affecting Demand
Air
30. Marketing - Manufacturing/operations - Finance - Accounting
S&OP
The Micro Dimension
Event Logistics
Council of Supply Chain Management
31. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Supply Chain
Forces Driving the Rate of Change
NAFTA
Value Added Role of Logistics (5 types of utility)
32. The management of the movement of materials and information within - into - and out of the firm
Major categories of metrics
R's of Information
Logistics Management
Internal Metrics
33. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
The Micro Dimension
Forecast Errors
Horizontal Relationships
Information Issue
34. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Technology Issue
Forecast Errors
Organizational Consolidation Force
Possession Utility
35. Cost - Insurance - and Freight
Four Subdivisions of Logistics
Vertical Relationship
Major categories of metrics
CIF
36. 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.
Freight Forwarder
Government Regulations and Policy Force
Information Issue
The Micro Dimension
37. Time - Dependability - Communications - Convenience
Dimensions of customer service
Council of Supply Chain Management
Utility(ies) associated with Marketing
Physical Distribution
38. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
The Micro Dimension
Inbound
Balancing Supply/Demand
Organizational Consolidation Force
39. Adding value to products by having them where people want them.
Technology Force
Place Utility Definition
Business Logistics
Four Subdivisions of Logistics
40. Canada - China - Mexico
Event Logistics
Top US trading partners
ERP
Ports
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.
42. Enlightened - Educated - easy access to Internet
Horizontal Relationships
Top US imports from China
Time Utility Definition
Empowered Customer Force
43. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Supply Chain Network Issue
CRM Customer Relationship Management
Immutable Laws of Collaborative Logistics
Component Support
44. 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.
Types of Forecasts
Quantity Utility Definition
Military Logistics
Time Utility Definition
45. Delivered Duty Paid
Quantity Utility Definition
R's of Information
Outbound
DDP
46. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Possession Utility
Utility(ies) associated with Logistics
Supply Chain Flows
Freight Forwarder
47. Free On Board
Vertical Relationship
Categories of Logistics Quantification Pyramid
CIF
FOB
48. Materials Requirement Planning
Immutable Laws of Collaborative Logistics
Complexity Issue
MRP
Ocean
49. Management of materials in motion and at rest.
Possession Utility
Collaborative Relationship
Inventory
Business Logistics
50. Deregulation: Transportation - Communications - and Financial Institutions
Government Regulations and Policy Force
Factors Affecting Demand
Organizational Relationships Issue
Utility(ies) associated with Production