Test your basic knowledge |

Logistics Vocab

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. Refers to a combination of water transportation and surface transportation between an origin and destination port.






2. A document used in cross-border trade that summarizes the entire transaction and contains key information such as a description of the goods - terms of sale and payments - and so on.






3. Refers to how easy a commodity is to pack into a load.






4. Situation where a process - procedure - or system yields less than the best possible outcome or output - caused by a lack of best possible coordination between different components - elements - parts - etc.






5. Generates and uses few or no paper documents and relies on technology to accomplish the relevant tasks.






6. Computer-to-computer transmission of business data in a structured format.






7. A U.S. government agency with primary responsibility for regulating railroad pricing and service.






8. Mixes attributes of public and contract warehousing; services are more differentiated than a public facility but less customized than in a contract facility.






9. General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and objectives.






10. Key suppliers locate on - or adjacent to - automobile plants - which helps reduce shipping costs and inventory carrying costs.






11. The pick location is brought to the picker (e.g. - carousels).






12. Classifying orders according to pre-established guidelines so that a company can prioritize how orders should be filled.






13. Artificial intelligence - Sophisticated use of the computer in which it is programmed to 'think' as a trained - skilled human in specific situations.






14. Twenty-foot equivalent unit; a measure of the number of 20-foot containers that are used or handled.






15. A set of generic standards used to document - implement - and demonstrate quality management and assurance systems.






16. Refer to the manner by which a seller will be paid by a buyer for an international transaction.






17. A framework that identifies eight relevant processes - such as customer relationship management - demand management - and order fulfillment - associated with supply chain management.






18. Materials requested by a customer that are unavailable for shipment at the same time as the reminder of the order. They are usually shipped when available.






19. Refers to communication without cables and cords - and includes infrared - microwave - and radio transmissions.






20. The distance between the inner sides of two parallel rail tracks.






21. A body of facts in a format suitable for decision making.






22. The receiver of a shipment.






23. Requires a certain percentage of traffic to move on a nation's flag vessels.






24. The orderly and planned observation of one or more segments in the logistics network or supply chain.






25. Elapsed time between a customer places an order and when the goods are received.






26. 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.






27. Combining smaller packages into larger unites that can be more efficiently handled at one time.






28. Terms of sale for international transactions that represent - from the seller's viewpoint - the different locations - or stages - for quoting a price to an overseas buyer.






29. Gross domestic product






30. The seller pays the freight charges - but the buyer owns the goods in transit.






31. The use of speech to guide order-picking activities.






32. Product for which there is no demand.






33. State laws that specify that a worker does not have to join the union to work permanently at a facility.






34. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.






35. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.






36. Medium- to long-term horizon - One- to five-year (plus) time span - Overall 'structural' decisions - Trade-offs between company functions - Trade-offs with other organizations - Corporate financial plans and policies - Policy decisions developed into






37. Companies whose primary business is other than transportation provide their own transportation service by operating truck - railcars - barges - ships - or airplanes.






38. The percentage of orders that can be completely and immediately filled from existing stock.






39. A warehouse with an emphasis on quick throughput - such as is needed in supporting marketing efforts.






40. Economic activity that can be conducted via electronic connections such as EDI and the internet.






41. Refers to choosing the locations for distribution centers - warehouses - and production facilities to facilitate logistical effectiveness and efficiency.






42. The level of inventory at which a replenishment order is placed.






43. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.






44. Looks at a single aspect of logistics - such as a time-and-motion study of individuals who handle incoming freight at a receiving dock.






45. The number of tons times the number of miles.






46. Allow companies to produce digital maps that can drill down to site-specific qualities such as bridge heights.






47. An order picker goes to where the product is located (e.g. - a forklift).






48. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.






49. Each separate type of item that is accounted for in an inventory.






50. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.