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. Inventory that is in route between various nodes in a logistics system.






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






3. A long-term arrangement between a shipper and another party to provide logistics services that is characterized by relational focus - a focus on mutual benefits - and the availability of customized offerings.






4. 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.






5. For-hire carriers that have been exempted from economic regulation through provisions in various pieces of legislation.






6. The short-distance movement of material between two or more points.






7. An organization maintains a single logistics department that administers the related activities for the entire company from the home office.






8. Prohibition of trade between particular countries.






9. U.S. federal government body with primary responsibility for transportation safety regulation.






10. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.






11. Conformance to mutually agreed upon requirements.






12. 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.






13. Provides guidance in terms of a preferred list of carriers for shipments moving between two points.






14. The use of radio frequency to identify objects that have been implanted with an RFID tag.






15. The buying and controlling of transportation services by either a shipper or consignee.






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






17. These are materials that are no longer serviceable - have been discarded - or are a by-product of the production process.






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






19. Materials requested by a customer that are unavailable for shipment at the same time as the reminder of the order. They are usually shipped when available.






20. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.






21. 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.






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






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






24. The time from when a transportation carrier picks up the shipment until it is received by the customer.






25. A major port where thousands of containers arrive and depart per week. These ports specialize in the efficient handling of containers.






26. An order that simultaneously achieves relevant customer metrics.






27. Building up a variety of different products for resale to a particular customer.






28. Transport products that are ground into a powder - mixed with water - and then shipped in slurry form through a pipeline.






29. Refers to security throughout the entire supply chain.






30. An agreement in which the world's ports agree to allow U.S. customs agents to identify and inspect high-risk containers bound for the United States before they are loaded onto ships.






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






32. Numbers assigned to various types of freight - based mainly on the carrier's costs of handling that type of product - and - along with weight and distance - used as a basis for determining the costs of shipment.






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






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






35. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.






36. The documents associated with transportation shipments.






37. A system in which the size and timing of replenishment orders into a retailer's system are the manufacturer's responsibility.






38. Goods that flow from the consumer to the manufacturer (e.g. - product recalls and product recycling).






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






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






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






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






43. A cartel consisting of nearly all the world's scheduled international airlines.






44. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.


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






46. 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.






47. Products that customers view as being able to fill the same need or want as another product.






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






49. Refers o cargo stowed loose - without specific packing - and generally handled with a pump - scoop - or shovel.






50. Key suppliers locate on - or adjacent to - automobile plants - which helps reduce shipping costs and inventory carrying costs.