Logichain Talents

1.      _____ refers to supply chain practices that strive to reduce energy and environmental footprints in terms of freight distribution.

• Inbound logistics

• Outbound logistics

• Green logistics

• None of the above

The term “_____” refers to any idle resources that can be put to some future use.

• Inventory

• Warehousing

• Logistics

• Procurement

_____ is the time that elapses between issuing replenishment order and receiving the material in stores.

• Replacement time

• Idle time

• Lead time

• None of the above

_____ is the fastest mode of transport.

• Road transport

• Rail transport

• Water transport

• Air transport

In terms of supply chain management, EDI stands for _____.

• Electronic Data Interface

• Electronic Data Interchange

• Electronic Distribution Intermediary

• Electronic Document Information

In terms of logistics, EOQ stands for _____.

• Electronic Order Quantity

• Economic Order Quantity

• Electronic Order Quality

• Economic Order Quality

The business activity of farming out identified non-core activities to external agencies is _____.

• Logistics

• Supply chain management

• Outsourcing

• Distribution

The upstream supply chain is _____.

• exclusively inside an organization

• involved with procurement of material from suppliers

• the distribution of products or delivery of services to customers

• all of the above

Which supply chain strategy is Amazon pursuing recently ?

• Outsourcing logistics to third-party providers

• Vertical integration and investment in logistics infrastructure

• Reducing inventory levels

• Expanding global supplier base

Where is the origin country of the biggest marine line – Maersk?

• Norway

• Germany

• Denmark

• Netherlands