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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. The most pervasive and important global shipment method. Low rates - wide variety of products
Technology Force
Ocean
Export Trading Companies
CRM Customer Relationship Management
2. Return on Assets.
Internal Metrics
ROA
Types of 3PLs
Arm's Length
3. Time Utility - Place Utility - Quantity Utility
The Micro Dimension
Global Markets Characteristics
Utility(ies) associated with Logistics
Ports
4. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Four Subdivisions of Logistics
Freight Forwarder
Top US trading partners
Technology Issue
5. The ________ is associated with downstream activities.
Air
Customer Service
Vertical Relationship
Supply Chain
6. Sales and Order Processing
Internal Society of Logistics
S&OP
WMS
Inventory Deployment Issue
7. Processes for developing and implementing successful relationship
Supply Chain Relationship
Ocean
FAS
Technology Force
8. Transportation Management System
Quantity Utility Definition
Strategic Relationship
NAFTA
TMS
9. 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
Technology Issue
Utility(ies) associated with Logistics
Immutable Laws of Collaborative Logistics
Export Management Companies
10. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Forecasting
Cost/Value Issue
Categories of Logistics Quantification Pyramid
Form Utility Definition
11. Time - Quality - Cost - Supporting Metrics
Performance Measurement Issue
Performance Categories
FAS
Service Logistics
12. Collaborative Planning - Forecasting - and Replenishment
CPFR
Ocean
Cost/Value Issue
Globalization Force
13. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Service Logistics
CRM Customer Relationship Management
Forces Driving the Rate of Change
Customer Service
14. Measures cost and performance of activities.
Types of 3PLs
ABC Activity-Based Costing
Ports
Empowered Customer Force
15. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Strategic Role of I.T.
NAFTA
CFR
WMS
16. Form - Time - Place - Quantity - Possession
Supply Chain Definition
Types of Forecasts
Value Added Role of Logistics (5 types of utility)
CFR
17. Anything that touches the customer
Integrated Supply Chain
Global Markets Characteristics
Customer Service
Organizational Relationships Issue
18. How firms in this industry create value for their commercial clients
Logistics
Utility(ies) associated with Marketing
Third Party Logistics Industry
The Micro Dimension
19. Right product - right time - right quantity - right quality - right cost - right destination
Arm's Length
Transportation Management Issue
Place Utility Definition
DRP
20. Procurement and Manufacturing - value adding activities
Complexity Issue
Horizontal Relationships
Inbound
Globalization Force
21. Critical part of global supply chains
Integrated Supply Chain
Technology Force
Ports
Complexity Issue
22. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Global Markets Characteristics
Four Subdivisions of Logistics
Performance Categories
23. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Collaborative Example
Transactional Relationship
Balancing Supply/Demand
CIF
24. Right: information - partner - quantity - format - time - place - cost
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25. 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 Definition
Collaborative Relationship
Business Logistics
Internal Society of Logistics
26. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
FAS
Strategic Relationship
Order Cycle Time
S&OP
27. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Security Issue
Information Issue
Order Cycle Time
Supply Chain Issues
28. 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
Logistics Activities
Technology Issue
Globalization Force
Balancing Supply/Demand
29. Materials Requirement Planning
FOB
MRP
Strategic Role of I.T.
Council of Supply Chain Management
30. Free Alongside Ship
Information Issue
Outbound
FAS
Logistics
31. Both parties in a vendor relational are said to be at "arm's" length.
External Metrics
Supply Chain Network Issue
Supply Chain Flows
Transactional Relationship
32. Deregulation: Transportation - Communications - and Financial Institutions
Four Subdivisions of Logistics
Logistics
External Metrics
Government Regulations and Policy Force
33. Distribution Requirement Planning
DRP
Dimensions of customer service
Forecast Errors
MRP
34. Export goods and services to overseas buyers and handles most of the export arrangements.
C-TPAT
Common Culture
Export Trading Companies
Forecast Errors
35. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
S&OP
Internal Society of Logistics
FOB
Logistics
36. Cost - Insurance - and Freight
Transportation Management Issue
CFR
Export Management Companies
CIF
37. Value added to goods through a manufacturing or assembly process.
Forecasting
Form Utility Definition
Empowered Customer Force
Time Utility Definition
38. Possession Utility
Utility(ies) associated with Marketing
4PL
Supply Chain Network Issue
Empowered Customer Force
39. 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.
Military Logistics
MRP
Major categories of metrics
Categories of Logistics Quantification Pyramid
40. Item Fill Rate - Line Fill Rate
Internal Metrics
Supply Chain Security Issue
Top US trading partners
Common Culture
41. Influencing the order - order execution
Utility(ies) associated with Marketing
Two Phases of order mgmt.
Supply Chain Issues
Categories of Logistics Quantification Pyramid
42. Form Utility
Utility(ies) associated with Production
Empowered Customer Force
Inventory
Top US trading partners
43. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Third Party Logistics Industry
Component Support
Inventory Deployment Issue
Forecasting
44. Organizations require collaboration or cooperation.
Organizational Relationships Issue
Two Phases of order mgmt.
Logistics
Balancing Supply/Demand
45. Analyze and evaluate on organizations efficiency over a time period.
Customer (7 R's of logistics)
Organizational Relationships Issue
Performance Measurement Issue
Steps in implementing CRM
46. Influences product availability
Empowered Customer Force
Supply Chain Network Issue
Order Cycle Time
Customer (7 R's of logistics)
47. Partner
Organizational Consolidation Force
TMS
Strategic Example
Collaborative Example
48. Focuses on the outbound side of of a firm's logistics system.
Logistics Activities
WMS
Physical Distribution
Collaborative Example
49. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Integrated Supply Chain
Physical Distribution
Organizational Relationships Issue
Types of 3PLs
50. Time - Dependability - Communications - Convenience
Supply Chain Relationship
4PL
Dimensions of customer service
Third Party Logistics Industry