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. Emphasize the storage of products and their primary purpose is to maximize usage of available storage space.






2. A small device that responds to radio signals from an outside source.






3. The term associated with the handling of unit loads.






4. The degree to which an organization can accommodate unique or unplanned customer requests.






5. Cartels of all ocean vessel operators operating between certain trade areas.






6. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.






7. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.






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






9. Refers to employees who do not follow company guidelines about which suppliers to use in particular situations.






10. According to the Council of Supply Chain Management Professionals - SCM encompasses the planning and management of all activities involved in sourcing and procurement - conversion - and all logistics management activities. Importantly - it also i






11. 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.






12. Utilizes sophisticated quantitative techniques to find hidden patterns in large volumes of data.






13. Collects and stores information about transactions and may also control some aspects of transactions.






14. The documents associated with transportation shipments.






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






16. The movement and storage of materials into a firm.






17. Uses the internet to make it easier - faster - and less expensive for an organization to purchase goods and services.






18. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.






19. An analysis of workers' productivity over short periods of time. Each worker is assigned specific duties that he or she should be able to complete during the time period provided.






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






21. A system that simplifies each of the three primary rate factors - product - weight - and distance.






22. A program in which public and private organizations work together to prevent terrorism against the United States through imports and transportation.






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






24. The science that seeks to adapt work or working conditions to suit the abilities of the worker.






25. 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.






26. Looks at the entire logistics systems to see how well all of its components function together.






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






28. Analogous to personal property taxes paid by individuals - and inventory tax is based on the value of inventory that is held by an organization on the assessment date.






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






30. Pricing that includes both the price of the product and the transportation cost of the product to the purchaser's receiving dock.






31. Taking and removing personal property with the intent to deprive the rightful owner of it.






32. Logistics-related decisions are made separately at the divisional or product group level and often in different geographic regions.






33. Employees who are sent to other countries for extended periods of time.






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






35. Analysis that is performed by a trade association - professional organization - or other entity - on a industry wide basis.






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






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






38. Global Supply Chain Forum






39. An order size that minimizes the sum of carrying and ordering costs.






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






41. Having products available when they are needed by customers.






42. A U.S. federal agency that regulates workplaces to ensure the safety of workers.






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






44. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.






45. Refers to systems that consider the return flow of products - their reuse - and the marketing and distribution of recovered products.






46. Refers to logistical activities associated with goods that move across national boundaries.






47. Electronic devices that read bar codes and can be used to keep track inventory - reorder inventory - and analyze inventory patterns.






48. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.






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






50. 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.