[BA Talks] The Role of Business Analyst in Digital Transformatio

What is logistics? (Choose the most complete definition.)

• The system of creating plans for an organization.

• The study of Logarithms within Calculus.

• Managing the flow and storage of goods from their point of origin to the point of consumption.

• The implementation of policies and procedures.

Which of the following words is not related to logistics?

• Loger

• Logistic

• Lodge

• Logistique

Which of the following characters are being Logistitions? (Choose the best answer.)

• Mary is creating a rulebook for CAP's style of Ultimate Frisbee.

• John is doing is Calculus homework.

• Charlie is marching Cadets to where they have been told to go.

• Linda is overseeing the implementation of her plan to supply water to Cadets after they have marched all day.

• Timothy is preparing a briefing to his staff about logistics.

Many logistics companies are owned by firms based outside the United States. Of these countries, which has the most companies in the Top 50 list?

• The Netherlands

• Switzeland

• Japan

• Germany

It plays an important role by ensuring that the goods are not damaged.

• Inventory Control

• Material handling

• Warehousing

• Packaging

Lot and serial numbers, quantity of goods and cost of goods are data used in which kind of management?

• Order management

• Transportation management

• Inventory management

• Supply chain management (SCM)

Answer explanation

With the use of the data listed above, inventory management software can keep detailed records of products or raw materials that come in and out of the warehouse. It's efficient and cost-effective for any organization, both big and small.

What is the main difference between supply chain management (SCM) and logistics?

• Logistics focuses on two main constituents: transportation and warehousing

• SCM's main focus is the delivery of a final product while logistics focuses more on the bigger picture

• Logistics covers a number of processes in the supply chain while SCM just focuses on moving products

• None of the above

Answer explanation

While logistics and SCM are often used interchangeably, they are not the same. Logistics focuses on the process of moving products out of the warehouse and to the consumer in a timely and efficient manner, which includes routes, load shipments and freight audits. SCM, on the other hand, encompasses all of the processes and resources needed to execute a product's movement, starting from the warehouse as goods or raw materials, through production and distribution of the final product to the consumer.

Which provider is most commonly used by companies to help handle standard transport and logistics functions in supply chain management?

• Second-party logistics providers

• Third-party logistics providers

• Fourth-party logistics providers

• Fifth-party logistics providers

Answer explanation

Third-party logistics providers (3PL) are common among organizations as they offer outsourced logistics services including transportation and warehousing. What's more interesting, however, is that fourth-party logistics providers are now joining forces with 3PLs to improve supply chains.

In Vietnam, how many companies in Logistic industry?

• 500-600

• 800-900

• 900-1000

• 1000-1100

The Company providing logistics solutions in Vietnam is

• Traco

• Samco

• CSC

• SJC