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Test your basic knowledge |
Logistics Vocab
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Subject
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business-skills
Instructions:
Answer 50 questions in 15 minutes.
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Match each statement with the correct term.
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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. Key suppliers locate on - or adjacent to - automobile plants - which helps reduce shipping costs and inventory carrying costs.
supply management
contract (third-party) warehousing
supplier parks
sorting
2. All activities associated with the flow and transformation of goods from the raw material stage - through to the end user - as well as the associated information flows.
reconsignment
tailored logistics
supply chain
Maquiladora
3. Product for which there is no demand.
nontariff barriers
order cycle
order triage
dead inventory (stock)
4. A process where product is received in a facility - occasionally married with product going to the same destination - then shipped at the earliest opportunity - without going into long-term storage.
unit load devices
cross-docking
cycle (base) stock
ROP (reorder point)
5. According to the Council of Supply Chain Management Professionals (CSCMP) - that part of supply chain management that plans - implements - and controls the efficient - effective forward and reverse flow and storage of goods - services - and rel
containers
fast supply chain
diversion
logistics
6. The amount of output divided by the amount of input.
productivity
export packers
pull inventory system
contract carrier
7. Refers to employees who do not follow company guidelines about which suppliers to use in particular situations.
brownfields
International Air Transport Association (IATA)
maverick spending
OSHA (Occupational Safety and Health Administration)
8. An inventory system that responds to actual (rather than forecasted) customer demand.
FOB destination - freight prepaid and charged back
pull inventory system
'C-level' position
fixed slot location
9. Breaking larger quantities into smaller quantities.
package testing
voice-based order picking
obsolete materials
allocating
10. State laws that specify that a worker does not have to join the union to work permanently at a facility.
right-to-work laws
dunnage
inventory
OSHA (Occupational Safety and Health Administration)
11. Refer to the manner by which a seller will be paid by a buyer for an international transaction.
pull inventory system
fragmented logistics structure
terms of payment
AI
12. An international trade specialist that can handle either vessel shipments or air shipments and that offers a number of different functions such as booking space on carriers - obtaining consular documents - and arranging for insurance - among other
international freight forwarders
freight absorption
customer satisfaction
hazardous materials
13. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.
Six Sigma
partnerships
safety (buffer) stock
density
14. Their intent is to incorporate nonbusiness factors (e.g. - cost of living - crime rate - educational opportunities) into the decision of where to locate a plant or distribution facility.
bulk-breaking
quality-of-life considerations
intermodal transportation
service recovery
15. A long-term arrangement between a shipper and another party to provide logistics services that is characterized by relational focus - a focus on mutual benefits - and the availability of customized offerings.
product recall
wireless communication
third-party logistics (logistics outsourcing)
order management
16. Global Supply Chain Forum
load center
perfect order
GSCF
'C-level' position
17. Cooperative - formal or informal supply chain relationships between manufacturing companies and their suppliers - business partners - or customers - developed to enhance the overall business performance of both sides.
obsolete materials
bar-code scanners
supply chain collaboration
Bill of Lading
18. Computer-to-computer transmission of business data in a structured format.
simulation
EDI (Electronic Data Interchange)
waste materials
fixed slot location
19. A program in which public and private organizations work together to prevent terrorism against the United States through imports and transportation.
accessorial service
TWIC (Transportation Worker Identification Credential)
intramodal competition
C-TPAT (Customs Trade Partnership Against Terrorism)
20. That part of a firm's logistics system that stores products at and between points of origin and point of consumption.
picker-to-part system
theft
BOL
warehousing
21. Occurs when a cargo takes up a vehicle's or a container's cubic capacity before reaching its weight capacity.
delivery window
cube out
on-demand software
time utility
22. The percentage of orders that can be completely and immediately filled from existing stock.
contract (third-party) warehousing
center-of-gravity approach
order fill rate
push inventory system
23. The use of speech to guide order-picking activities.
voice-based order picking
RFID (radio-frequency identification)
delivery window
land bridge
24. A facility temporarily established at the site of inventory; the warehouser assumes custody of the inventory and issues a receipt for it - which can then be used as collateral for a loan.
intramodal competition
electronic commerce
facility location
field warehousing
25. Often accompanies an SED and provides explicit shipment instructions.
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26. One location where customers can purchase products from two or more name-brand retailers.
associative forecasting
unified logistics structure
co-branding
kickbacks
27. Refers to an alliance in the container trades in which ocean carriers retain their individual identities but cooperate in the area of operations.
FOB destination - freight prepaid
stowability
ocean carrier alliances
packaging
28. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.
assorting
opportunity costs
information (channel) strategy
EDI (Electronic Data Interchange)
29. Classifying orders according to pre-established guidelines so that a company can prioritize how orders should be filled.
allocating
order triage
transaction processing system
piggyback transportation
30. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.
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31. Buyer pays a lower freight charge than the shipper incurs in shipping the product.
freight absorption
process strategy
slurry systems
stowability
32. The time span within which a scheduled delivery must be made.
fragmented logistics structure
simulation
terms of sale
delivery window
33. The number of tons times the number of miles.
tom miles
excess (surplus) materials
rail gauge
dimensional (dim) weight
34. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
contract logistics
documentation
common carrier
speculative stock
35. Day-to-day decision making - Operations controlled against standards and rules - Control via weekly/monthly reports - The implementation of the operational plan
Operational (planning time horizon)
push inventory system
back order
logistics information system
36. Considers a shipment's density (the amount of space occupied relative to weight) to determine a shipment's billable weight.
shrink-wrap
stowability
terms of sale
dimensional (dim) weight
37. Artificial intelligence - Sophisticated use of the computer in which it is programmed to 'think' as a trained - skilled human in specific situations.
closed-loop systems
parcel carriers
AI
draft
38. Companies that specialize in providing various types of logistics services.
International Air Transport Association (IATA)
unit load
push inventory system
LSP (Logistics Service Provider)
39. Cartels of all ocean vessel operators operating between certain trade areas.
short-interval scheduling
shipping conferences
materials management
assorting
40. Firm the helps a domestic company become involved in foreign sales. They often locate foreign firms that can be licensed to manufacture the product in the foreign country.
shipping conferences
phantom freight
export management company
back order
41. A relational exchange approach involving a limited number of suppliers.
inventory turnover
materials handling
Six Sigma
supply management
42. Measurement that ensures conformity with an organization's policies - procedures - or standards.
ocean carrier alliances
control
RFID (radio-frequency identification)
associative forecasting
43. Looks at a single aspect of logistics - such as a time-and-motion study of individuals who handle incoming freight at a receiving dock.
slurry systems
consolidate
partial systems analysis
terms of sale
44. Refers to systems that consider the return flow of products - their reuse - and the marketing and distribution of recovered products.
FOB destination - freight prepaid and charged back
sweatshops
closed-loop systems
reverse auctions
45. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.
RFID (radio-frequency identification)
postponement
responsiveness
slurry systems
46. A framework that identifies five key processes - plan - source - make - deliver - return - associated with supply chain management.
picker-to-part system
SCOR (Supply-Chain Operations Reference Model)
short sea shipping
'C-level' position
47. Assemble small shipments into a single - larger shipment.
transit time
consolidate
expediting
rail gauge
48. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.
systems analysis
cycle (base) stock
sweatshops
Malcolm Baldrige National Quality Award
49. Identifies opportunities to recover revenues or reduce costs associated with scrap - surplus - obsolete - and waste materials.
investment recovery
make-to-stock
channel intermediaries
scrap materials
50. The pick location is brought to the picker (e.g. - carousels).
freight forwarder
routing guide
part-to-picker system
relevancy
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