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Test your basic knowledge |
Logistics Vocab
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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. Often accompanies an SED and provides explicit shipment instructions.
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2. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.
Malcolm Baldrige National Quality Award
C-TPAT (Customs Trade Partnership Against Terrorism)
transaction processing system
bulk-breaking
3. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.
bar-code scanners
agile supply chain
seamless distribution
terms of sale
4. Stock that exceeds the reasonable requirements of an organization.
international logistics
waste materials
cause and effect forecasting
excess (surplus) materials
5. Satisfying current and emerging customer needs.
relevancy
fixed order interval system
accessorial service
bar-code scanners
6. The movement and storage of materials into a firm.
data mining
inbound logistics
field warehousing
relevancy
7. The removal of levels (layers) from a channel of distribution.
channel intermediaries
disintermediation
export packers
Nonvessel-operating common carrier (NVOCC)
8. One location where customers can purchase products from two or more name-brand retailers.
order management
co-branding
slurry systems
voice-based order picking
9. Organizations that exploit workers and that do not comply with fiscal and legal obligations toward employees.
sweatshops
short sea shipping
parcel
p-cards (procurement cards)
10. Refer to the manner by which a seller will be paid by a buyer for an international transaction.
speculative stock
centralized logistics organization
terms of payment
fixed order interval system
11. 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.
decentralized logistics organization
letter of credit
order transmittal
LSP (Logistics Service Provider)
12. Movement and storage of raw materials - parts - and components within a firm.
comprehensive systems analysis
free (foreign) trade zone
Consignor
materials management
13. Strives to keep customers happy and creates in the customer's mind the perception of an organization that is easy to do business with.
JIT (Just-in-time) approach
customer service
weight-gaining product characteristics
center-of-gravity approach
14. Logistics-related decisions are made separately at the divisional or product group level and often in different geographic regions.
decentralized logistics organization
centralized logistics organization
density
dead inventory (stock)
15. Absolute limits to the quantity of a product that can be imported into a country during a particular time period.
commercial invoice
import quotas
inventory shrinkage
global procurement (sourcing)
16. Allow companies to produce digital maps that can drill down to site-specific qualities such as bridge heights.
obsolete materials
piggyback transportation
GIS (Graphical Information Systems)
materials management
17. Simulation of the types of problems that the package will be exposed to in warehouses and in transit.
TWIC (Transportation Worker Identification Credential)
ocean carrier alliances
load center
package testing
18. The depth in the water to which a vessel can be loaded.
private carrier
variable slot location
concealed damage
draft
19. Refers to warehousing situations where goods are not released until applicable fees are paid. As an example - Internal Revenue Service - bonded warehouses hold goods other federal taxes and fees collected.
bonded storage
exempt carrier
packaging
fixed order interval system
20. A system in which products are stored wherever there is empty space available in a warehouse.
expatriate workers
variable slot location
logistics
FOB destination - freight prepaid and charged back
21. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.
information (channel) strategy
shrink-wrap
freight absorption
GPS (Global positioning systems)
22. The buyer pays the freight charges when the goods arrive - and the seller owns the goods while they are in transit.
brownfields
TWIC (Transportation Worker Identification Credential)
closed-loop systems
FOB destination - freight collect
23. Aka bulk-making
third-party logistics (logistics outsourcing)
agile supply chain
documentation
accumulating
24. Retailers that are characterized by large market share and low prices.
slip sheet
power retailer
tariffs
in bond
25. Breaking larger quantities into smaller quantities.
allocating
cross-docking
tom miles
quality-of-life considerations
26. Separating products into grades and qualities desired by different target markets.
sorting
system constraints
unit load devices
routing
27. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
Incoterms 2000
weighing out
intramodal competition
inventory turnover
28. The level of inventory at which a replenishment order is placed.
ROP (reorder point)
logistics
sweatshops
routing guide
29. Generates and uses few or no paper documents and relies on technology to accomplish the relevant tasks.
aperless warehousing
bulk-making
fixed order interval system
detention
30. Product for which there is no demand.
dead inventory (stock)
diversion
disintermediation
GIS (Graphical Information Systems)
31. Fixed facilities - such as a plant - warehouse - or store - in a logistics system.
demurrage
nodes
transportation management
LSP (Logistics Service Provider)
32. The time from when a transportation carrier picks up the shipment until it is received by the customer.
supplier development (reverse marketing)
order delivery
unit load
regrouping function
33. 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.
commercial invoice
routing guide
perfect order
certificate of origin
34. The use of speech to guide order-picking activities.
voice-based order picking
Maquiladora
inventory turnover
quality
35. The documents associated with transportation shipments.
'C-level' position
documentation
routing
push inventory system
36. Inventory is replenished on a constant - set schedule and is always ordered at a specific time; the quantity ordered varies depending on forecasted sales before the next order date.
communication system
safety (buffer) stock
fixed order interval system
product recall
37. Truck trailers on flatcars - also referred to as TOFC.
tailored logistics
intramodal competition
office automation systems
piggyback transportation
38. A warehouse with an emphasis on quick throughput - such as is needed in supporting marketing efforts.
benchmarking
density
unitization
distribution center
39. These are materials that are no longer serviceable - have been discarded - or are a by-product of the production process.
land bridge
scrap materials
embargoes
STB (Surface Transportation Board)
40. Similar to diversion - but it occurs after the shipment has arrived in the destination city.
contract carrier
reconsignment
theft
draft
41. The most important single transportation document that is the operating document in the industry.
pull inventory system
Bill of Lading
inventory shrinkage
global procurement (sourcing)
42. Strategic - Tactical - Operational
international freight forwarders
quality
The major functions of the different planning time horizons
Application-specific software
43. A system that simplifies each of the three primary rate factors - product - weight - and distance.
intramodal competition
relationship management
class rate system
warehouse
44. Utilizes sophisticated quantitative techniques to find hidden patterns in large volumes of data.
picker-to-part system
data mining
weight break
control
45. Specifies the country(ies) in which a product is manufactured.
certificate of origin
logistics
fast supply chain
TEU
46. A uniform sealed reusable metal 'box' in which goods are shipped.
backhaul
make-to-order
terminal
containers
47. A carrier's attempt to determine a shipment's location during the course of its move.
partnerships
tracing
Strategic (planning time horizon)
speculative stock
48. Refers to removing impediments to the flow of information and goods.
cross-docking
seamless distribution
regrouping function
documentation
49. Emphasizes a speed or time component.
SKU (stock-keeping unit)
packaging
intramodal competition
fast supply chain
50. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.
customer satisfaction
fourth-party logistics (lead logistics provider)
private carrier
p-cards (procurement cards)