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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. One location where customers can purchase products from two or more name-brand retailers.
barge
co-branding
land bridge
electronic commerce
2. Transportation service that is supplemental to line-haul transportation.
international freight forwarders
expatriate workers
accessorial service
GIS (Graphical Information Systems)
3. Boxes or other containers secured to a pallet or slip sheet.
partnerships
unit load
on-demand software
sweatshops
4. The buying and controlling of transportation services by either a shipper or consignee.
reconsignment
dimensional (dim) weight
transportation management
wireless communication
5. Organizations that exploit workers and that do not comply with fiscal and legal obligations toward employees.
distribution center
sweatshops
public warehousing
pilferage
6. A cartel consisting of nearly all the world's scheduled international airlines.
unified logistics structure
order management
broker
International Air Transport Association (IATA)
7. The distance between the inner sides of two parallel rail tracks.
sorting
rail gauge
kickbacks
obsolete materials
8. A warehousing facility that is owned or occupied on a long-term lease by the firm using it.
substitute products
private warehousing
letter of credit
tracing
9. In transportation - a small quantity or small package.
centralized logistics organization
parcel
complementary products
third-party logistics (logistics outsourcing)
10. A return trip or movement in a direction of secondary importance or purpose.
SCM (Supply Chain Management)
rail gauge
backhaul
electronic commerce
11. Specifies the country(ies) in which a product is manufactured.
time utility
system security
goods in transit
certificate of origin
12. Logistics Information System
supplier development (reverse marketing)
LIS
Container Security Initiative (CSI)
certificate of origin
13. 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.
fixed slot location
CPFR (Collaborative planning - forecasting - and replenishment)
supply chain
ERP (Enterprise Resource Planning system)
14. A document used in cross-border trade that summarizes the entire transaction and contains key information such as a description of the goods - terms of sale and payments - and so on.
piggyback transportation
commercial invoice
place utility
socially responsible procurement
15. Looks at a single aspect of logistics - such as a time-and-motion study of individuals who handle incoming freight at a receiving dock.
DOT (Department of Transportation)
data mining
partial systems analysis
global procurement (sourcing)
16. Refers to software that users access on a per-use basis instead of software they own or license for installation.
waste materials
on-demand software
International Air Transport Association (IATA)
allocating
17. 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
pipeline (in-transit) stock
logistics
theft
slurry systems
18. Satisfying current and emerging customer needs.
goods in transit
relevancy
shrink-wrap
international freight forwarders
19. Unused available space.
excess capacity
certificate of origin
demand management
BOL
20. An order size that minimizes the sum of carrying and ordering costs.
cargo preference
stockout
EOQ (Economic Order Quanitity)
SCM (Supply Chain Management)
21. The management of the various activities associated with the order cycle.
system security
unified logistics structure
power retailer
order management
22. Medium- to long-term horizon - One- to five-year (plus) time span - Overall 'structural' decisions - Trade-offs between company functions - Trade-offs with other organizations - Corporate financial plans and policies - Policy decisions developed into
time utility
contract (third-party) warehousing
Strategic (planning time horizon)
Malcolm Baldrige National Quality Award
23. Occurs in delivered pricing when a buyer pays an excessive freight charge calculated into the price of the goods.
co-branding
warehousing
Container Security Initiative (CSI)
phantom freight
24. An alternative name for airfreight containers.
unit load devices
throughput
expediting
control
25. The orderly and planned observation of one or more segments in the logistics network or supply chain.
shrink-wrap
GPS (Global positioning systems)
terms of sale
systems analysis
26. An international payment option that is issued by a bank and guarantees payment to a seller provided that the seller has complied with the applicable terms and conditions of the particular transaction.
transponders
tracing
letter of credit
intramodal competition
27. Computer-to-computer transmission of business data in a structured format.
push inventory system
rail gauge
international freight forwarders
EDI (Electronic Data Interchange)
28. Products are produced prior to receiving a customer order.
relevancy
freight forwarder
Six Sigma
make-to-stock
29. A carrier or public facility where freight (or passengers) is shifted between vehicles or modes.
shipper's letter of instruction (SLI)
agile supply chain
terminal
ocean carrier alliances
30. 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
tracing
international freight forwarders
line-haul
exempt carrier
31. Bringing together inventory from different sources.
facility location
stowability
inventory flow diagram
bulk-making
32. Refers to forecasting that involves judgment or intuition and is preferred in situations where there is limited - or no - historical data.
OSHA (Occupational Safety and Health Administration)
judgmental forecasting
customer satisfaction
bribes
33. Products are produced after receiving a customer order.
obsolete materials
order picking and assembly
mass logistics
make-to-order
34. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.
tailored logistics
Bill of Lading
detention
Maquiladora
35. An invoice submitted by a transportation carrier requesting to be paid.
'C-level' position
freight bill
system constraints
field warehousing
36. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.
office automation systems
electronic procurement (e-procurement)
facility relocation
FOB origin - freight prepaid
37. Created by the U.S. Department of Housing and Urban Development to encourage business development-through various tax credits-in economically depressed portions of cities.
unit load
piggyback transportation
transit time
empowerment zone
38. Money paid after an exchange.
JIT (Just-in-time) approach
kickbacks
public warehousing
containers
39. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.
dunnage
packaging
push inventory system
transportation
40. In international trade - a firm that provides carrier services to shippers but owns no vessels itself.
global procurement (sourcing)
contract logistics
Six Sigma
Nonvessel-operating common carrier (NVOCC)
41. Strategic - Tactical - Operational
The major functions of the different planning time horizons
unit load devices
Malcolm Baldrige National Quality Award
commercial invoice
42. The receiver of a shipment.
supply chain collaboration
packaging
contract carrier
Consignee
43. State laws that specify that a worker does not have to join the union to work permanently at a facility.
export management company
simulation
accessorial service
right-to-work laws
44. Considers a shipment's density (the amount of space occupied relative to weight) to determine a shipment's billable weight.
inventory shrinkage
perfect order
dimensional (dim) weight
power retailer
45. 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
inbound logistics
sweatshops
terms of sale
cargo preference
46. Stock that exceeds the reasonable requirements of an organization.
FOB origin - freight prepaid and charged back
excess (surplus) materials
shipping conferences
amodal shipper
47. 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.
systems approach
third-party logistics (logistics outsourcing)
bribes
bonded storage
48. Refers to the fact that more items are recorded entering than leaving warehouse facilities.
tariffs
order management
inventory shrinkage
Consignee
49. The removal of levels (layers) from a channel of distribution.
disintermediation
LSP (Logistics Service Provider)
total cost approach
intermodal competition
50. Gross domestic product
terms of sale
responsiveness
routing guide
GDP
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