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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. Organizations require collaboration or cooperation.






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






3. 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.






4. Free Alongside Ship






5. The time that elapses from when a buyer places an order until receipt of the order






6. Adding value to products by making them available when they're needed.






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






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






9. Measures cost and performance of activities.






10. 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






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






12. How firms in this industry create value for their commercial clients






13. Vendor

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14. Challenge is to evaluate and successfully implement the technology






15. Electrical Machinery - Power Generation Equipment






16. An external supplier that performs all or part of a company's logistics functions.






17. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






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






19. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






20. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






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






22. Cost - Insurance - and Freight






23. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






24. 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






25. Primarily created through the basic marketing activities related to the promotion of products and services -






26. Strategic Alliance






27. Fast - high rate






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






29. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






30. Influences product availability






31. Sales and Order Processing






32. Return on Assets.






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. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






35. Canada - China - Mexico






36. Cost and Freight






37. Business Logistics - Military Logistics - Event Logistics - Service Logistics






38. Distribution Requirement Planning






39. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






40. Anything that touches the customer






41. Influencing the order - order execution






42. Possession Utility






43. Enlightened - Educated - easy access to Internet






44. Transportation Management System






45. 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






46. Time Utility - Place Utility - Quantity Utility






47. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






48. Producer to Store - servicing the customer






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






50. 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.







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Can you answer 50 questions in 15 minutes?


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