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. A payment from a shipper or consignee to a truck carrier for having kept the carrier's equipment too long.






2. Locations that contain chemicals or other types of industrial wastes.






3. Companies that specialize in providing various types of logistics services.






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






5. 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.






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






7. A type of contract logistics that focuses on providing unique and specially tailored warehousing services to particular clients.






8. Specifies the country(ies) in which a product is manufactured.






9. Involves rearranging the quantities and assortment of products as they move through the supply chain.






10. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)






11. Employee theft.






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






13. Refers to a product's being in a form that (1) can be used by the customer and (2) is of value to the customer.






14. Refers to the amount of product entering and leaving a facility in a given time period.






15. Often accompanies an SED and provides explicit shipment instructions.

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






17. Being out of an item at the same time there is a willing buyer for it.






18. Restrictions other than tariffs that are placed on imported products.






19. Transportation service that is supplemental to line-haul transportation.






20. Changes to one logistics activity cause some costs to increase and others to decrease.






21. A substance or material in a quantity and form that may pose an unreasonable risk to health and safety or property when transported in commerce.






22. Materials used for the containment - protection - handling - delivery - and presentation of goods.






23. An inventory system that responds to actual (rather than forecasted) customer demand.






24. A system in which products are stored wherever there is empty space available in a warehouse.






25. A warehousing facility that is owned or occupied on a long-term lease by the firm using it.






26. Satisfying current and emerging customer needs.






27. Software packages that control the movement and storage of materials within a warehousing facility.






28. For international transactions - refers to determining when and where to transfer between buyer and seller - the physical goods - the payment for goods - legal title - required documentation as well as responsibility for controlling and caring f






29. Strategic - Tactical - Operational






30. Refers to software that users access on a per-use basis instead of software they own or license for installation.






31. An invoice submitted by a transportation carrier requesting to be paid.






32. The seller pays the freight charges in advance but bills the buyer for them. The buyer owns the goods in transit.






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






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






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






36. Goods moving between two points - often accompanied by a live bill of lading.






37. A document that notifies a transportation carrier of wrong or defective deliveries - delay - or other delivery shortcoming.






38. Terminal-to-terminal movement of freight or passengers.






39. Products are produced prior to receiving a customer order.






40. Facilitators that make the channel function better.






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






42. A strategic orientation in which a limited number of traditional logistics activities are managed across business units.






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






44. Similar to common carriers in that public warehousing serves all legitimate users and has certain responsibilities to this users.






45. Aka bulk-making






46. Refers to the fact that more items are recorded entering than leaving warehouse facilities.






47. A relational exchange approach involving a limited number of suppliers.






48. Global Supply Chain Forum






49. Truck trailers on flatcars - also referred to as TOFC.






50. Refer to materials that are not likely to ever be used by the organization that purchased it.