Test 1

Question 0

Different prospective a of s

Logistics definitions

Answer 0

Inventory,customer,International society of logistics, council of supply chain management

Common culture
Professionals
Dictionary

Question 1

What is the supply chain profile (flow)

Answer 1

Supplier
Manufacturer
Wholesaler
Retailer 
Customer

Question 2

Logistics detention from inventory perspective

Answer 2

Management of materials in motion and at rest

Question 3

Logistics detention according to customer perspective

Answer 3

7rs
Right…
Product, customer, quantity,condition,place,time,cost

Question 4

4 subdivisions of logistics

Answer 4

Business
Military
Event
Service

Question 5

Value added roles of logistics

Answer 5

Form 
Time
Place
Quantity
Possession

Question 6

3 main logistics activities

Answer 6

Transportation
Warehousing
Inventory

Question 7

Other logistics activities

Answer 7

Procurement
Customer service
Materials handling
Parts and service support
Reverse logistics

Question 8

Roa is

Answer 8

Return on assets

Roa= gross profit/assets

Question 9

What is roi

Answer 9

Return on investment

Question 10

What are spatial relationships

Answer 10

How some object is located in space in relation to some reference object
Location of fixed points in the logistics system with respect to demand and supply points
Important to transportation cost

Question 11

Nodes

Answer 11

Fixed spatial points where goods stop for storage or processing

Question 12

Links

Answer 12

Represent the transportation network and connect the nodes in the logistics system

Question 13

Ports

Answer 13

Town or city with a harbor where ships load or unload especially one where customs are stationed

Question 14

What is nafta

Answer 14

A treaty that Establishes free trade between u.s. Canada, and Mexico

Question 15

Global transportation options

Answer 15

Ocean (most persuasive , low rates and can carry much)
Air (fast, low rates)
Motor
Rail

Question 16

Major international cargo air carriers

Answer 16

United airline
Japan airlines
Singapore airlines

Question 17

Strategic channel intermediaries

Answer 17

Foreign freight forwarders 
Non vessel operating common carriers
Export management companies
Export trading companies
Custom house brokers

Question 18

Vertical relationships(buyer-seller)

Answer 18

Linkage between firms in the supply chain such as retails distributors manufacturers, parts and material s suppliers

Question 19

Horizontal relationship (cooperating

Answer 19

Business agreements between firms that have parallel positions in the logistics process

Question 20

Range of relationships

Answer 20

Transactional collaborative strategic

Question 21

Transactional

Answer 21

Arms length

Question 22

Collaborative

Answer 22

Strategic alliance

Modify business objectives and practices to achieve long term goals and objectives

Question 23

Opposite of collaboration

Answer 23

Compete

Question 24

When might you use a 3pl that is expensive

Answer 24

When they can reach people you cannot

Question 25

What is a 3pl

Answer 25

Third party logistics firm , external supplier that performs all or part of a company's logistics functions

Question 26

What does a 4pl do

Answer 26

Manage the 3pls you have

Question 27

Types of 3pls

Answer 27

Forwarder based Information based firms Transportation based Warehouse/distribution based

Question 28

Why might a firm not use a 3pl

Answer 28

Logistics is a core competency at their firm It wouldn't save cost Loss of control

Question 29

Two basic supply chain relationships

Answer 29

Vertical and horizontal

Question 30

The seven immutable laws of collaborative logistics

Answer 30

....

Question 31

If jobs get outsourced what should you do

Answer 31

Learn a new skill set

Question 32

Performance categories

Answer 32

Time Quality Cost Supporting metrics

Question 33

5 categories of metrics

Answer 33

``` Reliability Responsiveness Flexibility Cost Assets ```

Question 34

What's oct

Answer 34

Order cycle time

Question 35

Information must be

Answer 35

``` Accessible Relevant Accurate Timely Transferable ```

Question 36

Lifeline of business

Answer 36

Information

Question 37

6 drivers of supply chain excellence

Answer 37

``` Connectivity Visibility Collaboration Optimization Execution Speed ```

Question 38

Supply chain software categories

Answer 38

``` Business intelligence Supply chain... Execution Planning Event management ```

Question 39

ERP

Answer 39

Enterprise resource planning Business process management software with integrated applications to manage business and do other office task related to tech, service, and hr

Question 40

RFID

Answer 40

Radio frequency identification | Technology that uses computer chips to track items at a distance

Question 41

Second busiest port in the u.s

Answer 41

Long beach

Question 42

ERP examples

Answer 42

Oracles people soft Microsoft dynamics SAP

Question 43

Which is easier generating revenue or saving cost

Answer 43

Saving cost

Question 44

What financial statement is warehousing on

Answer 44

Balance sheet if you own it | Income statement if you rent or lease it

Question 45

17th busiest port in the world

Answer 45

Los Angeles

Question 46

15th busiest port in the world

Answer 46

Baltimore

Question 47

Pmp

Answer 47

Project management professional

Question 48

Examples of ERP being used

Answer 48

``` Redbox Animals Ups for tracking Ez pass for cars Disney tickets ```

Question 49

Certification for SAP

Answer 49

Terp certification

Question 50

Bull whip effect

Answer 50

A ripple effect where suppliers think sales are increasing when that is not really the case

Question 51

Examples of 3pls

Answer 51

``` C.h. Robinson J.b. Hunt Penske Ryder Mackey industries ```

Question 52

Users of 3pls

Answer 52

G.m. Procter and gamble Walmart

Question 53

Baltimore exports and imports

Answer 53

Exports :coal,waste paper, automobiles | Imports: farm/construction machines, automobiles

Question 54

Top u.s. Ports in order

Answer 54

L.a., long beach, N.Y.

Question 55

Contracting

Answer 55

Bringing in outside people to do work

Question 56

Outsourcing

Answer 56

I.e. Maintenance I. The towers | Done internally by an outside group

Question 57

Greatest impact on balance sheet

Answer 57

10% decrease in inventory

Question 58

Impacts balance sheet and income statement

Answer 58

Inventory

Question 59

Transportation expense on balance sheet

Answer 59

...

Question 60

3 busiest port in the world

Answer 60

Shanghai, ningbo zhousan, Singapore