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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. Manufacturing plants that exist just south of the U.S.-Mexican border.
flexibility
Maquiladora
order cycle
on-demand software
2. Companies that specialize in providing various types of logistics services.
weighing out
EDI (Electronic Data Interchange)
ergonomics
LSP (Logistics Service Provider)
3. Materials used for the containment - protection - handling - delivery - and presentation of goods.
CPA (Customer profitability analysis)
packaging
pure materials
quality-of-life considerations
4. A technique used to model the systems under study - typically using mathematical equations to represent relationships among components of a logistics system.
control
system security
intermodal transportation
simulation
5. The buyer pays the freight charges when the goods arrive - and the seller owns the goods while they are in transit.
third-party logistics (logistics outsourcing)
FOB destination - freight collect
grid system
back order
6. A carrier or public facility where freight (or passengers) is shifted between vehicles or modes.
terminal
maverick spending
batch number
shippers' associations
7. The level of inventory at which a replenishment order is placed.
control
aperless warehousing
push inventory system
ROP (reorder point)
8. Refers to the fact that more items are recorded entering than leaving warehouse facilities.
flags of convenience
certificate of origin
inventory shrinkage
Maquiladora
9. Price of the product at seller's place of business. Buyer must arrange for transportation of the product from the seller's place of business.
allocating
FOB origin pricing
routing
SCM (Supply Chain Management)
10. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
common carrier
kickbacks
responsiveness
make-to-order
11. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.
expediting
tailored logistics
SCM (Supply Chain Management)
private carrier
12. Restrictions other than tariffs that are placed on imported products.
dunnage
nontariff barriers
office automation systems
amodal shipper
13. Being out of an item at the same time there is a willing buyer for it.
stockout
classification
diversion
sorting
14. Nonprofit membership cooperatives that perform basically the same function as freight forwarders.
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15. A cartel consisting of nearly all the world's scheduled international airlines.
logistics
economic utility
stockout cost
International Air Transport Association (IATA)
16. The creation across the supply chain and its markets of coordinated flow of demand. The three basic types of forecasting models are: 1-judgmental - 2-time series - 3-cause and effect.
excess (surplus) materials
demand management
throughput
grid system
17. Stock that exceeds the reasonable requirements of an organization.
bulk-making
package testing
shipper's letter of instruction (SLI)
excess (surplus) materials
18. An individual or firm in the business of carrying cargo or passengers.
fixed order quantity system
embargoes
carrier
BOL
19. Satisfying current and emerging customer needs.
product recall
intramodal competition
disintermediation
relevancy
20. Helps managers make decisions by providing information - models - or analysis tools.
free (foreign) trade zone
complementary products
DSS (Decision support system)
allocating
21. Strives to keep customers happy and creates in the customer's mind the perception of an organization that is easy to do business with.
information
data mining
customer service
TEU
22. These are material that have been spoiled - broken - or otherwise rendered unfit for further use or reclamation.
waste materials
SCM (Supply Chain Management)
shipper's letter of instruction (SLI)
communication system
23. The shipper of goods.
Maquiladora
Consignor
third-party logistics (logistics outsourcing)
on-demand software
24. Logistics Information System
ABC (Activity-based costing)
demand management
LIS
Consignor
25. A substance or material in a quantity and form that may pose an unreasonable risk to health and safety or property when transported in commerce.
inventory flow diagram
hazardous materials
make-to-order
expatriate workers
26. Employee theft.
multiclient warehousing
materials management
pilferage
ROP (reorder point)
27. The receiver of a shipment.
cost trade-offs
private carrier
Consignee
office automation systems
28. An analysis of workers' productivity over short periods of time. Each worker is assigned specific duties that he or she should be able to complete during the time period provided.
co-branding
RFID (radio-frequency identification)
transit time
short-interval scheduling
29. Using a container that can be transferred from the vehicle of one mode to a vehicle of another - and with the movement covered under a single bill of lading.
intermodal transportation
weight-gaining product characteristics
ABC analysis
public warehousing
30. Using measures of another organization's performance to judge one's own performance.
benchmarking
third-party logistics (logistics outsourcing)
tariffs
Tactical (planning time horizon)
31. Provides guidance in terms of a preferred list of carriers for shipments moving between two points.
accumulating
short-interval scheduling
grid system
routing guide
32. Refers to waterborne transportation that utilizes inland and coastal waterways to move shipments from domestic ports to their destination.
power retailer
bulk-making
allocating
short sea shipping
33. A set of generic standards used to document - implement - and demonstrate quality management and assurance systems.
goods in transit
FOB origin - freight collect
perfect order
ISO 9000
34. Damage that is not initially apparent but is discovered after a package is opened.
Nonvessel-operating common carrier (NVOCC)
GPS (Global positioning systems)
allocating
concealed damage
35. Refers to security throughout the entire supply chain.
system security
piggyback transportation
slip sheet
FOB destination - freight prepaid and charged back
36. Bringing together inventory from different sources.
public warehousing
bulk-making
responsiveness
materials management
37. A charge assessed by rail carriers to users that fail to unload and return vehicles or containers promptly.
cost trade-offs
short sea shipping
dunnage
demurrage
38. Refers to the number of carriers within each mode.
investment recovery
voice-based order picking
intramodal competition
routing
39. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.
SKU (stock-keeping unit)
customer satisfaction
cube out
benchmarking
40. Cooperative - formal or informal supply chain relationships between manufacturing companies and their suppliers - business partners - or customers - developed to enhance the overall business performance of both sides.
supply chain collaboration
parcel
terms of sale
fast supply chain
41. U.S. federal government body with primary responsibility for transportation safety regulation.
picker-to-part system
DOT (Department of Transportation)
class rate system
place utility
42. Similar to diversion - but it occurs after the shipment has arrived in the destination city.
speculative stock
rail gauge
closed-loop systems
reconsignment
43. The documents associated with transportation shipments.
landed costs
parcel
supplier development (reverse marketing)
documentation
44. Inventory needed to satisfy demand during an order cycle.
containers
assorting
excess capacity
cycle (base) stock
45. A system in which the size and timing of replenishment orders into a retailer's system are the manufacturer's responsibility.
VMI (vendor-managed inventory)
electronic procurement (e-procurement)
bullwhip effect
The major functions of the different planning time horizons
46. Artificial intelligence - Sophisticated use of the computer in which it is programmed to 'think' as a trained - skilled human in specific situations.
nontariff barriers
export packers
AI
allocating
47. Inventory that is held for several reasons such as seasonal demand - projected price increases - and potential product shortages.
materials management
TOFC
speculative stock
freight claims
48. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.
customer service
packaging
postponement
STB (Surface Transportation Board)
49. 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.
import quotas
Container Security Initiative (CSI)
BOL
backhaul
50. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.
process strategy
Malcolm Baldrige National Quality Award
fast supply chain
order transmittal