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






2. A type of contract logistics that focuses on providing unique and specially tailored warehousing services to particular clients.






3. Strategic - Tactical - Operational






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






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






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






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






8. Specifies the country(ies) in which a product is manufactured.






9. Companies that specialize in providing various types of logistics services.






10. An inventory system that responds to forecasted (rather than actual) customer demand.






11. A body of facts in a format suitable for decision making.






12. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.






13. A long-term arrangement between a shipper and another party to provide logistics services.






14. Products are produced after receiving a customer order.






15. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.






16. 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.






17. Organizations that exploit workers and that do not comply with fiscal and legal obligations toward employees.






18. 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.






19. Refers to the number of transportation modes available to prospective users.






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






21. Provides specialized service to each customer based on a contractual arrangement.






22. Actual physical movement of goods and people between two points.






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






24. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.






25. An intermediary that oversees the efficient movement of importers' goods (and accompanying paperwork) through customs and other inspection points.






26. Bringing together inventory from different sources.






27. In transportation - a small quantity or small package.






28. A payment from a shipper or consignee to a truck carrier for having kept the carrier's equipment too long.






29. A set of generic standards used to document - implement - and demonstrate quality management and assurance systems.






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






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






32. Identifies opportunities to recover revenues or reduce costs associated with scrap - surplus - obsolete - and waste materials.






33. Mixes attributes of public and contract warehousing; services are more differentiated than a public facility but less customized than in a contract facility.






34. 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.






35. An international trade specialist that can handle either vessel shipments or air shipments and that offers a number of different functions such as booking space on carriers - obtaining consular documents - and arranging for insurance - among other






36. That part of a firm's logistics system that stores products at and between points of origin and point of consumption.






37. The depth in the water to which a vessel can be loaded.






38. 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.






39. According to the Council of Supply Chain Management Professionals (CSCMP) - that part of supply chain management that plans - implements - and controls the efficient - effective forward and reverse flow and storage of goods - services - and rel






40. The level of inventory at which a replenishment order is placed.






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






42. The management of the various activities associated with the order cycle.






43. The term associated with the handling of unit loads.






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






45. Concept that suggests that all relevant activities in moving and storing products should be considered as a whole (i.e. - their total cost) - not individually.






46. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.






47. Assemble small shipments into a single - larger shipment.






48. A warehousing facility that is owned or occupied on a long-term lease by the firm using it.






49. Refers to the allocation of revenues and costs to customer segments or individual customers to calculate the profitability of the segments or customers.






50. 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.







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