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Test your basic knowledge |
Logistics Vocab
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Subject
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business-skills
Instructions:
Answer 50 questions in 15 minutes.
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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. Breaking larger quantities into smaller quantities.
bulk-breaking
reverse logistics
Application-specific software
LIS
2. Employee theft.
pilferage
classification
kickbacks
relevancy
3. 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.
land bridge
quality
in bond
freight absorption
4. An area - usually near a port or an airport - where goods can be stored or processed before entering through the importing nation's customs inspections.
order triage
inventory flow diagram
ABC analysis
free (foreign) trade zone
5. A strategic orientation in which a limited number of traditional logistics activities are managed across business units.
order management
common carrier
market strategy
fast supply chain
6. The shipper of goods.
productivity
EDI (Electronic Data Interchange)
Consignor
stockout cost
7. 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.
ocean carrier alliances
simulation
cube out
field warehousing
8. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.
shrink-wrap
scrap materials
dunnage
BOL
9. General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and objectives.
multiclient warehousing
fourth-party logistics (lead logistics provider)
push inventory system
line-haul
10. Facts or recorded measures of certain phenomena.
data
concealed damage
order cycle
multiclient warehousing
11. System that attempts enterprisewide coordination of relevant business processes by allowing (conceptually - at least) all functional areas within a firm to access and analyze a common database.
bar-code scanners
freight absorption
place utility
ERP (Enterprise Resource Planning system)
12. The process of determining how a shipment will be moved between consignor and consignee or between place of acceptance by the carrier and place of delivery to the consignee.
order cycle
routing
short-interval scheduling
relationship management
13. A technique that seeks to better understand the cost of a product by identifying what activities drive particular costs.
ABC (Activity-based costing)
containers
perfect order
bulk-breaking
14. The number of times an inventory is used or replaced each year.
international freight forwarders
electronic commerce
inventory turnover
postponement
15. 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.
broker
facility location
demand management
hazardous materials
16. The creation across the supply chain and its markets of coordinated flow of demand. The three basic types of forecasting models are: 1-judgmental - 2-time series - 3-cause and effect.
total cost approach
demand management
private warehousing
weight break
17. A one-size-fits-all approach in which every customer gets the same type and levels of logistics service.
transportation
public warehousing
marginal analysis
mass logistics
18. Inventories that are used or distributed together (e.g. razor blades and razors).
complementary products
ERP (Enterprise Resource Planning system)
excess capacity
concealed damage
19. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
weighing out
unit load
CPA (Customer profitability analysis)
bar-code scanners
20. The buyer pays the freight charges when the goods arrive - and the seller owns the goods while they are in transit.
unitization
data
FOB destination - freight collect
variable slot location
21. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.
cause and effect forecasting
concealed damage
line-haul
GSCF
22. 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.
pure materials
supply chain
ergonomics
global procurement (sourcing)
23. 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
barge
FOB origin - freight prepaid and charged back
international freight forwarders
total cost approach
24. A type of contract logistics that focuses on providing unique and specially tailored warehousing services to particular clients.
goods in transit
contract (third-party) warehousing
bulk cargo
unit load devices
25. A carrier or public facility where freight (or passengers) is shifted between vehicles or modes.
consolidate
order picking and assembly
terminal
bribes
26. These are materials that are no longer serviceable - have been discarded - or are a by-product of the production process.
broker
Incoterms 2000
DOT (Department of Transportation)
scrap materials
27. A U.S. government agency with primary responsibility for regulating railroad pricing and service.
TOFC
demand management
expediting
STB (Surface Transportation Board)
28. Uses the internet to make it easier - faster - and less expensive for an organization to purchase goods and services.
slip sheet
electronic procurement (e-procurement)
dead inventory (stock)
unit load devices
29. A warehouse with an emphasis on quick throughput - such as is needed in supporting marketing efforts.
TOFC
disintermediation
order picking and assembly
distribution center
30. The documents associated with transportation shipments.
FOB origin - freight prepaid and charged back
documentation
part-to-picker system
pure materials
31. 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.
intermodal transportation
Nonvessel-operating common carrier (NVOCC)
short-interval scheduling
closed-loop systems
32. A warehousing facility that is owned or occupied on a long-term lease by the firm using it.
private warehousing
kickbacks
quality
inventory carrying (holding) costs
33. Multiple logistics activities are combined into - and managed as - a single department.
contract logistics
ISO 9000
unified logistics structure
opportunity costs
34. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
bonded storage
order triage
time series forecasting
partial systems analysis
35. Strives to keep customers happy and creates in the customer's mind the perception of an organization that is easy to do business with.
weight-gaining product characteristics
freight bill
routing
customer service
36. The cost of giving up an alternative opportunity.
class rate system
CPFR (Collaborative planning - forecasting - and replenishment)
unitization
opportunity costs
37. Cooperative - formal or informal supply chain relationships between manufacturing companies and their suppliers - business partners - or customers - developed to enhance the overall business performance of both sides.
quality
supply chain collaboration
right-to-work laws
time series forecasting
38. Companies whose primary business is other than transportation provide their own transportation service by operating truck - railcars - barges - ships - or airplanes.
total cost approach
GSCF
private carrier
demand management
39. Damage that is not initially apparent but is discovered after a package is opened.
short sea shipping
concealed damage
empowerment zone
fixed slot location
40. Utilizes sophisticated quantitative techniques to find hidden patterns in large volumes of data.
product recall
data mining
excess (surplus) materials
shipper's export declaration (SED)
41. Money paid before an exchange.
packaging
demand management
bribes
reverse auctions
42. A specific rate for every possible combination of product - weight - and distance.
commodity rate
quality-of-life considerations
systems approach
bulk-breaking
43. The seller owns the goods in transit - prepays the freight charges - and bills the buyer for the freight charges.
customer service
substitute products
obsolete materials
FOB destination - freight prepaid and charged back
44. Terminal-to-terminal movement of freight or passengers.
OSHA (Occupational Safety and Health Administration)
line-haul
electronic procurement (e-procurement)
warehousing
45. Mixes attributes of public and contract warehousing; services are more differentiated than a public facility but less customized than in a contract facility.
tailored logistics
bulk-making
multiclient warehousing
back order
46. Materials used for the containment - protection - handling - delivery - and presentation of goods.
broker
Strategic (planning time horizon)
packaging
intermodal transportation
47. Analysis that is performed by a trade association - professional organization - or other entity - on a industry wide basis.
industry systems analysis
embargoes
electronic commerce
grid system
48. An invoice submitted by a transportation carrier requesting to be paid.
slurry systems
mass logistics
supplier parks
freight bill
49. Flatboard boat used to transport heavy products.
industry systems analysis
barge
relationship management
sweatshops
50. Raw materials - component parts - and supplies brought from outside organizations to support a company's operations.
line-haul
procurement (purchasing)
bribes
theft
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