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Test your basic knowledge |
Logistics Vocab
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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 time span within which a scheduled delivery must be made.
free (foreign) trade zone
fast supply chain
Incoterms 2000
delivery window
2. A company that helps both shipper and carrier achieve lower freight rates and more efficient utilization of carrier equipment. Brokers also help match carriers to loads.
intermodal competition
broker
data
relevancy
3. Inventories that are used or distributed together (e.g. razor blades and razors).
push inventory system
short-interval scheduling
fourth-party logistics (lead logistics provider)
complementary products
4. A U.S. federal agency that regulates workplaces to ensure the safety of workers.
OSHA (Occupational Safety and Health Administration)
data mining
slurry systems
comprehensive systems analysis
5. An international logistics specialist that custom packs shipments when the exporter lacks the equipment or expertise to do so itself.
time series forecasting
BOL
information
export packers
6. Having products available where they are needed by customers.
benchmarking
weighing out
order fill rate
place utility
7. Refers o cargo stowed loose - without specific packing - and generally handled with a pump - scoop - or shovel.
FOB origin - freight prepaid and charged back
supply management
bulk cargo
communication system
8. Restrictions other than tariffs that are placed on imported products.
Application-specific software
documentation
nontariff barriers
bar-code scanners
9. Uses the internet to make it easier - faster - and less expensive for an organization to purchase goods and services.
goods in transit
containers
SCOR (Supply-Chain Operations Reference Model)
electronic procurement (e-procurement)
10. A company discontinues operations at a current site because the operations are no longer needed or can be absorbed by other facilities.
ERP (Enterprise Resource Planning system)
time series forecasting
facility closing
socially responsible procurement
11. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
time series forecasting
waste materials
facility relocation
parcel
12. The time from when the seller receives an order until an appropriate location is authorized to fill the order.
order processing
Consignee
DSS (Decision support system)
flags of convenience
13. Provides guidance in terms of a preferred list of carriers for shipments moving between two points.
center-of-gravity approach
reverse logistics
routing guide
relationship management
14. A relational exchange approach involving a limited number of suppliers.
bar-code scanners
supply management
facility closing
productivity
15. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.
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16. Refers to the fact that more items are recorded entering than leaving warehouse facilities.
procurement (purchasing)
transaction processing system
reverse auctions
inventory shrinkage
17. Taxes that governments place on the importation of certain items.
brownfields
consolidate
LIS
tariffs
18. Cargo on which taxes or duties have yet to be paid. The owner must post a bond or use a bonded carrier or warehouse to guarantee that the materials will not be sold until the taxes or duties are paid.
maverick spending
electronic commerce
productivity
in bond
19. General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and objectives.
shipping conferences
batch number
fourth-party logistics (lead logistics provider)
contract logistics
20. Truck trailers of flatcars.
TOFC
letter of credit
field warehousing
logistics information system
21. These help various stake-holders to work together by interacting and sharing information in many different forms.
communication system
bonded storage
systems approach
bulk-breaking
22. Product for which there is no demand.
throughput
relevancy
dead inventory (stock)
FOB destination - freight collect
23. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
obsolete materials
place utility
certificate of origin
weighing out
24. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.
commodity rate
benchmarking
supply chain collaboration
safety (buffer) stock
25. The shipper of goods.
Consignor
fourth-party logistics (lead logistics provider)
fragmented logistics structure
RFID (radio-frequency identification)
26. Key suppliers locate on - or adjacent to - automobile plants - which helps reduce shipping costs and inventory carrying costs.
relevancy
logistics
warehouse
supplier parks
27. Satisfying current and emerging customer needs.
relevancy
diversion
flexibility
rail gauge
28. Refers to the allocation of revenues and costs to customer segments or individual customers to calculate the profitability of the segments or customers.
disintermediation
CPA (Customer profitability analysis)
Malcolm Baldrige National Quality Award
delivery window
29. Refers to a situation in which a hazard or defect is discovered in a manufactured or processed item - and its return is mandated by a government agency.
fixed order quantity system
product recall
materials management
barge
30. Multiple logistics activities are combined into - and managed as - a single department.
Operational (planning time horizon)
Nonvessel-operating common carrier (NVOCC)
fixed order quantity system
unified logistics structure
31. Emphasize the storage of products and their primary purpose is to maximize usage of available storage space.
warehouse
inventory
C-TPAT (Customs Trade Partnership Against Terrorism)
landed costs
32. A company's objectives can be realized by recognizing the mutual interdependence of the major functional areas of the firm - such as marketing - production - finance - and logistics.
FOB destination - freight prepaid and charged back
voice-based order picking
control
systems approach
33. An intermediary that oversees the efficient movement of importers' goods (and accompanying paperwork) through customs and other inspection points.
shipper's letter of instruction (SLI)
excess capacity
customs broker
weighted center-of-gravity approach
34. A system that simplifies each of the three primary rate factors - product - weight - and distance.
class rate system
pilferage
bonded storage
opportunity costs
35. Refers to choosing the locations for distribution centers - warehouses - and production facilities to facilitate logistical effectiveness and efficiency.
shipper's export declaration (SED)
closed-loop systems
weight break
facility location
36. The seller pays the freight charges - but the buyer owns the goods in transit.
load center
FOB origin - freight prepaid
shrink-wrap
centralized logistics organization
37. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.
short-interval scheduling
warehouse
order picking and assembly
office automation systems
38. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
marginal analysis
dimensional (dim) weight
TEU
concealed damage
39. A carrier's attempt to determine a shipment's location during the course of its move.
consolidate
tracing
nesting
weighted center-of-gravity approach
40. A document that notifies a transportation carrier of wrong or defective deliveries - delay - or other delivery shortcoming.
FOB origin pricing
shippers' associations
waste materials
freight claims
41. Inventory is replenished on a constant - set schedule and is always ordered at a specific time; the quantity ordered varies depending on forecasted sales before the next order date.
bribes
consolidate
weight-losing product characteristics
fixed order interval system
42. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.
documentation
pallet (skid)
facility location
order triage
43. 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.
Consignor
stowability
supply chain
pick-to-light technology
44. Terminal-to-terminal movement of freight or passengers.
Malcolm Baldrige National Quality Award
line-haul
cause and effect forecasting
bullwhip effect
45. A uniform sealed reusable metal 'box' in which goods are shipped.
FOB origin pricing
containers
shippers' associations
export management company
46. 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
land bridge
logistics
supply chain collaboration
consolidate
47. The seller owns the goods in transit - prepays the freight charges - and bills the buyer for the freight charges.
certificate of origin
systems analysis
FOB destination - freight prepaid and charged back
electronic commerce
48. An order picker goes to where the product is located (e.g. - a forklift).
p-cards (procurement cards)
transportation
picker-to-part system
supply management
49. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
Application-specific software
right-to-work laws
pick-to-light technology
grid system
50. Truck trailers on flatcars - also referred to as TOFC.
cube out
investment recovery
piggyback transportation
FOB origin pricing