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






2. Similar to the center-of-gravity locational approach - except that shipping volumes are also taken into account.






3. Inventories that are used or distributed together (e.g. razor blades and razors).






4. The shipper of goods.






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






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






7. An alternative name for airfreight containers.






8. Facts or recorded measures of certain phenomena.






9. Characterized by variability in demand orders among supply chain participants.






10. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.






11. 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.






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






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






14. An international logistics specialist that custom packs shipments when the exporter lacks the equipment or expertise to do so itself.






15. People - equipment - and procedures to gather - sort - analyze - evaluate - and distribute needed - timely - and accurate information to logistics decision makers.






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






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






18. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.






19. Inventory needed to satisfy demand during an order cycle.






20. A carrier's attempt to determine a shipment's location during the course of its move.






21. 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.






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






23. Measurement that ensures conformity with an organization's policies - procedures - or standards.






24. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.






25. The pick location is brought to the picker (e.g. - carousels).






26. Consolidates freight shipments and buys transportation services in volume rates.






27. A product that gains weight in processing; the processing point should be close to the market.






28. 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.






29. Logistics Information System






30. Refers to alphanumeric identification that specifies where a product was processed or manufactured.






31. Depicts the demand for - and replenishment of - inventory.






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






33. Satisfying current and emerging customer needs.






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






35. An approach for locating a single facility that minimizes the distance to existing facilities.






36. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.






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






38. Refers to forecasting that involves judgment or intuition and is preferred in situations where there is limited - or no - historical data.






39. Bill of Lading






40. Terms of sale for international transactions that represent - from the seller's viewpoint - the different locations - or stages - for quoting a price to an overseas buyer.






41. 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.






42. Refers to waterborne transportation that utilizes inland and coastal waterways to move shipments from domestic ports to their destination.






43. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.






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






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






46. 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.






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






48. The time span within which a scheduled delivery must be made.






49. Occurs in delivered pricing when a buyer pays an excessive freight charge calculated into the price of the goods.






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