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. An order that simultaneously achieves relevant customer metrics.






2. Price of the product at seller's place of business. Buyer must arrange for transportation of the product from the seller's place of business.






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






4. A measure of how heavy a product is in relation to its size.






5. Materials that lose no weight in processing.






6. Movement and storage of raw materials - parts - and components within a firm.






7. An organization's ability to address unexpected operational situations.






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






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






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






11. The shipper of goods.






12. Logistics Information System






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






14. Refers to an alliance in the container trades in which ocean carriers retain their individual identities but cooperate in the area of operations.






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






16. Storage of finished product and movement to the customers.






17. Strives to keep customers happy and creates in the customer's mind the perception of an organization that is easy to do business with.






18. Identifies opportunities to recover revenues or reduce costs associated with scrap - surplus - obsolete - and waste materials.






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






20. Includes all activities from when an appropriate location is authorized to fill an order until goods are loaded aboard an outbound carrier.






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






22. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.






23. In transportation - a small quantity or small package.






24. The amount of output divided by the amount of input.






25. Damage that is not initially apparent but is discovered after a package is opened.






26. The removal of levels (layers) from a channel of distribution.






27. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.






28. Concept that suggests that all relevant activities in moving and storing products should be considered as a whole (i.e. - their total cost) - not individually.






29. A return trip or movement in a direction of secondary importance or purpose.






30. Each product is assigned a specific location in a warehouse and is always stored there.






31. Separating products into grades and qualities desired by different target markets.






32. A transportation manager who purchases a prespecified level of transportation service and is indifferent to the mode(s) or carrier(s) used to provide the actual transportation service.






33. A carrier or public facility where freight (or passengers) is shifted between vehicles or modes.






34. The shipment size that equates transportation charges for different rates and weight groups.






35. A common credential that will be used to identify workers across all modes of transportation.






36. Piggyback traffic - or loading truck trailers onto rail flatcars.






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






38. Having products available where they are needed by customers.






39. 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.






40. Stocks of goods and materials that are maintained for many purposes.






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






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






43. Products are produced after receiving a customer order.






44. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.






45. That part of a firm's logistics system that stores products at and between points of origin and point of consumption.






46. Boxes or other containers secured to a pallet or slip sheet.






47. Creating - maintaining - and enhancing strong relationships with customers and other stakeholders.






48. Provides specialized service to each customer based on a contractual arrangement.






49. 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






50. Prohibition of trade between particular countries.