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Test your basic knowledge |
Logistics Vocab
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Study First
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. The seller owns the goods in transit - prepays the freight charges - and bills the buyer for the freight charges.
voice-based order picking
import quotas
FOB destination - freight prepaid and charged back
facility relocation
2. A set of generic standards used to document - implement - and demonstrate quality management and assurance systems.
export management company
GSCF
ISO 9000
The major functions of the different planning time horizons
3. Refers to communication without cables and cords - and includes infrared - microwave - and radio transmissions.
shippers' associations
goods in transit
simulation
wireless communication
4. An order picker goes to where the product is located (e.g. - a forklift).
accumulating
parcel carriers
weight-losing product characteristics
picker-to-part system
5. Involves rearranging the quantities and assortment of products as they move through the supply chain.
Bill of Lading
international logistics
postponement
regrouping function
6. Bringing together inventory from different sources.
common carrier
bulk-making
assorting
JIT (Just-in-time) approach
7. The buyer pays freight charges and owns the goods in transit. This is the most common FOB origin term.
FOB origin - freight collect
Maquiladora
fragmented logistics structure
sweatshops
8. These help various stake-holders to work together by interacting and sharing information in many different forms.
freight claims
communication system
safety (buffer) stock
cross-docking
9. Firm the helps a domestic company become involved in foreign sales. They often locate foreign firms that can be licensed to manufacture the product in the foreign country.
transportation
waste materials
industry systems analysis
export management company
10. The removal of levels (layers) from a channel of distribution.
landed costs
GSCF model
inventory tax
disintermediation
11. The cost of giving up an alternative opportunity.
Application-specific software
information (channel) strategy
EDI (Electronic Data Interchange)
opportunity costs
12. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.
global procurement (sourcing)
pallet (skid)
class rate system
Bill of Lading
13. The short-distance movement of material between two or more points.
materials handling
intramodal competition
expediting
TWIC (Transportation Worker Identification Credential)
14. Strategic - Tactical - Operational
terms of payment
contract (third-party) warehousing
The major functions of the different planning time horizons
Strategic (planning time horizon)
15. Global Supply Chain Forum
Consignee
GSCF
terms of payment
intramodal competition
16. Locations that contain chemicals or other types of industrial wastes.
cargo preference
brownfields
FOB origin - freight collect
push inventory system
17. Refers to alphanumeric identification that specifies where a product was processed or manufactured.
supplier parks
VMI (vendor-managed inventory)
flexibility
batch number
18. Using measures of another organization's performance to judge one's own performance.
field warehousing
benchmarking
piggyback transportation
FOB origin - freight prepaid and charged back
19. 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.
terms of sale
in bond
common carrier
substitute products
20. A framework that identifies eight relevant processes - such as customer relationship management - demand management - and order fulfillment - associated with supply chain management.
GSCF model
throughput
marginal analysis
time series forecasting
21. Provides guidance in terms of a preferred list of carriers for shipments moving between two points.
slip sheet
information
routing guide
dimensional (dim) weight
22. A charge assessed by rail carriers to users that fail to unload and return vehicles or containers promptly.
demurrage
comprehensive systems analysis
excess capacity
assorting
23. A buyer invites bids from multiple sellers - and the seller with the lowest bid is often awarded the business.
FOB origin pricing
reverse auctions
bonded storage
Incoterms 2000
24. Having products available where they are needed by customers.
comprehensive systems analysis
place utility
nontariff barriers
expatriate workers
25. Raw materials - component parts - and supplies brought from outside organizations to support a company's operations.
STB (Surface Transportation Board)
bribes
procurement (purchasing)
order picking and assembly
26. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
contract carrier
piggyback transportation
unit load devices
time series forecasting
27. Taking and removing personal property with the intent to deprive the rightful owner of it.
load center
freight claims
AI
theft
28. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.
packaging
dunnage
nontariff barriers
land bridge
29. Similar to the center-of-gravity locational approach - except that shipping volumes are also taken into account.
Bill of Lading
GPS (Global positioning systems)
diversion
weighted center-of-gravity approach
30. A technique used to model the systems under study - typically using mathematical equations to represent relationships among components of a logistics system.
simulation
phantom freight
concealed damage
place utility
31. A common credential that will be used to identify workers across all modes of transportation.
back order
demurrage
TWIC (Transportation Worker Identification Credential)
broker
32. Provides specialized service to each customer based on a contractual arrangement.
accumulating
nontariff barriers
contract carrier
push inventory system
33. Gross domestic product
weighing out
FOB origin - freight prepaid
cross-docking
GDP
34. The buyer pays the freight charges when the goods arrive - and the seller owns the goods while they are in transit.
on-demand software
associative forecasting
FOB destination - freight collect
bullwhip effect
35. According to the Council of Supply Chain Management Professionals - SCM encompasses the planning and management of all activities involved in sourcing and procurement - conversion - and all logistics management activities. Importantly - it also i
SCM (Supply Chain Management)
bribes
EDI (Electronic Data Interchange)
simulation
36. 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.
systems approach
routing
complementary products
supplier development (reverse marketing)
37. Flatboard boat used to transport heavy products.
FOB origin - freight prepaid
density
intermodal transportation
barge
38. Refers to the number of transportation modes available to prospective users.
intermodal competition
international logistics
export packers
economic utility
39. Occurs when a cargo takes up a vehicle's or a container's cubic capacity before reaching its weight capacity.
cube out
center-of-gravity approach
unit load devices
system constraints
40. The term associated with the handling of unit loads.
unitization
contract logistics
dunnage
Incoterms 2000
41. Refers to an alliance in the container trades in which ocean carriers retain their individual identities but cooperate in the area of operations.
ocean carrier alliances
freight forwarder
certificate of origin
VMI (vendor-managed inventory)
42. Classifying orders according to pre-established guidelines so that a company can prioritize how orders should be filled.
order triage
stowability
place utility
customer satisfaction
43. In transportation - a small quantity or small package.
Incoterms 2000
possession utility
parcel
obsolete materials
44. Refers to forecasting that involves judgment or intuition and is preferred in situations where there is limited - or no - historical data.
international freight forwarders
embargoes
benchmarking
judgmental forecasting
45. Similar to common carriers in that public warehousing serves all legitimate users and has certain responsibilities to this users.
suboptimization
AI
letter of credit
public warehousing
46. Creating - maintaining - and enhancing strong relationships with customers and other stakeholders.
right-to-work laws
time utility
relationship management
voice-based order picking
47. A carrier's attempt to determine a shipment's location during the course of its move.
procurement (purchasing)
tracing
free (foreign) trade zone
Application-specific software
48. A product that loses weight during the production process; the processing point as near to its origin as possible.
Consignee
weight-losing product characteristics
socially responsible procurement
total cost approach
49. Aka bulk-making
facility closing
decentralized logistics organization
quality-of-life considerations
accumulating
50. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
class rate system
excess capacity
warehouse
time series forecasting